Integral Investment Advisors Inc. Decreases Stock Holdings in The Home Depot, Inc. (NYSE:HD)

Integral Investment Advisors Inc. decreased its holdings in shares of The Home Depot, Inc. (NYSE:HD) by 4.7% during the fourth quarter, Holdings Channel.com reports. The firm owned 2,601 shares of the home improvement retailer’s stock after selling 127 shares during the period. Integral Investment Advisors Inc.’s holdings in Home Depot were worth $1,012,000 at the end of the most recent reporting period.

Several other hedge funds have also recently made changes to their positions in the business. Synergy Asset Management LLC purchased a new stake in Home Depot during the fourth quarter valued at approximately $26,000. Wingate Wealth Advisors Inc. purchased a new stake in Home Depot during the fourth quarter valued at approximately $28,000. Legacy Investment Solutions LLC purchased a new stake in Home Depot during the 3rd quarter valued at $41,000. Marshall Investment Management LLC purchased a new stake in Home Depot during the 4th quarter valued at $41,000. Finally, Sugar Maple Asset Management LLC purchased a new stake in Home Depot during the 4th quarter valued at $41,000. 70.86% of the stock is currently owned by hedge funds and other institutional investors.

Home Depot Price Performance

HD opened at $384.82 on Friday. The firm has a market capitalization of $382.26 billion, a PE ratio of 26.14, a price-to-earnings-growth ratio of 4.03 and a beta of 1.05. The company has a debt-to-equity ratio of 8.65, a current ratio of 1.13 and a quick ratio of 0.31. The business’s 50-day moving average is $402.13 and its two-hundred day moving average is $397.54. The Home Depot, Inc. has a 1 year low of $323.77 and a 1 year high of $439.37.

Wall Street Analysts Forecast Growth

Several research firms recently weighed in on HD. Telsey Advisory Group restated an “outperform” rating and set a $455.00 price target on shares of Home Depot in a report on Thursday. Mizuho increased their target price on shares of Home Depot from $435.00 to $440.00 and gave the company an “outperform” rating in a research note on Wednesday, November 13th. Truist Financial increased their price objective on shares of Home Depot from $465.00 to $467.00 and gave the stock a “buy” rating in a research report on Tuesday, February 11th. Evercore ISI increased their price objective on shares of Home Depot from $420.00 to $430.00 and gave the stock an “outperform” rating in a research report on Wednesday, November 13th. Finally, Wells Fargo & Company raised their price target on Home Depot from $440.00 to $450.00 and gave the stock an “overweight” rating in a research note on Thursday, February 13th. One analyst has rated the stock with a sell rating, seven have given a hold rating and twenty-one have assigned a buy rating to the company. Based on data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average price target of $433.44.

Home Depot Company Profile

The Home Depot, Inc operates as a home improvement retailer in the United States and internationally. It sells various building materials, home improvement products, lawn and garden products, and décor products, as well as facilities maintenance, repair, and operations products. The company also offers installation services for flooring, water heaters, bath, garage doors, cabinets, cabinet makeovers, countertops, sheds, furnaces and central air systems, and windows.