State of New Jersey Common Pension Fund D Has $142.26 Million Holdings in The Home Depot, Inc. (NYSE:HD)

State of New Jersey Common Pension Fund D decreased its position in The Home Depot, Inc. (NYSE:HD) by 0.1% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 365,714 shares of the home improvement retailer’s stock after selling 247 shares during the period. Home Depot makes up 0.6% of State of New Jersey Common Pension Fund D’s holdings, making the stock its 25th biggest holding. State of New Jersey Common Pension Fund D’s holdings in Home Depot were worth $142,259,000 at the end of the most recent quarter.

Other institutional investors have also bought and sold shares of the company. Synergy Asset Management LLC bought a new stake in shares of Home Depot in the 4th quarter valued at $26,000. Wingate Wealth Advisors Inc. acquired a new stake in Home Depot in the fourth quarter worth $28,000. Legacy Investment Solutions LLC bought a new stake in Home Depot in the third quarter valued at $41,000. Sugar Maple Asset Management LLC acquired a new position in shares of Home Depot during the fourth quarter valued at about $41,000. Finally, Livelsberger Financial Advisory bought a new position in shares of Home Depot during the 3rd quarter worth about $46,000. Institutional investors own 70.86% of the company’s stock.

Home Depot Stock Down 0.7 %

HD opened at $409.47 on Tuesday. The Home Depot, Inc. has a twelve month low of $323.77 and a twelve month high of $439.37. The company’s 50-day moving average price is $404.49 and its two-hundred day moving average price is $396.34. The stock has a market cap of $406.75 billion, a price-to-earnings ratio of 27.82, a PEG ratio of 4.22 and a beta of 1.05. The company has a quick ratio of 0.31, a current ratio of 1.13 and a debt-to-equity ratio of 8.65.

Analyst Ratings Changes

A number of equities research analysts have commented on the company. Bank of America raised their price objective on Home Depot from $425.00 to $450.00 and gave the company a “buy” rating in a research note on Wednesday, November 13th. Evercore ISI lifted their price target on shares of Home Depot from $420.00 to $430.00 and gave the company an “outperform” rating in a research report on Wednesday, November 13th. Stifel Nicolaus upped their price objective on shares of Home Depot from $375.00 to $400.00 and gave the stock a “hold” rating in a report on Monday, November 11th. Sanford C. Bernstein began coverage on shares of Home Depot in a report on Tuesday, October 22nd. They set a “market perform” rating and a $451.00 price objective for the company. Finally, TD Cowen boosted their target price on shares of Home Depot from $440.00 to $460.00 and gave the stock a “buy” rating in a research report on Monday, October 28th. One equities research analyst has rated the stock with a sell rating, seven have assigned a hold rating and twenty-one have given a buy rating to the company’s stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $433.44.

Insider Activity at Home Depot

In other news, EVP Ann Marie Campbell sold 100 shares of the firm’s stock in a transaction on Wednesday, November 20th. The stock was sold at an average price of $402.58, for a total value of $40,258.00. Following the completion of the transaction, the executive vice president now directly owns 12,465 shares of the company’s stock, valued at $5,018,159.70. This trade represents a 0.80 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. 0.10% of the stock is owned by company insiders.

About Home Depot

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.