Carl Domino reduced its position in shares of Home Depot Inc (NYSE:HD) by 4.5% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The hedge fund owned 37,456 shares of the home improvement retailer’s stock after selling 1,750 shares during the period. Home Depot accounts for approximately 3.9% of Carl Domino’s portfolio, making the stock its largest position. Carl Domino’s holdings in Home Depot were worth $4,954,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. Fisher Asset Management raised its position in Home Depot by 1.1% in the fourth quarter. Fisher Asset Management now owns 8,466,178 shares of the home improvement retailer’s stock valued at $1,119,652,000 after buying an additional 89,414 shares during the period. Acadian Asset Management raised its position in Home Depot by 35.0% in the fourth quarter. Acadian Asset Management now owns 303,383 shares of the home improvement retailer’s stock valued at $40,125,000 after buying an additional 78,639 shares during the period. Assetmark raised its position in Home Depot by 22,120.2% in the third quarter. Assetmark now owns 23,109 shares of the home improvement retailer’s stock valued at $2,669,000 after buying an additional 23,005 shares during the period. Quotient Investors raised its position in Home Depot by 159.4% in the fourth quarter. Quotient Investors now owns 30,086 shares of the home improvement retailer’s stock valued at $3,979,000 after buying an additional 18,486 shares during the period. Finally, Community Bank & Trust of Waco, Texas bought a new position in Home Depot during the fourth quarter valued at $2,181,000.

Home Depot Inc (NYSE:HD) opened at 125.76 on Friday. The firm has a market cap of $159.45 billion and a PE ratio of 23.59. Home Depot Inc has a one year low of $92.17 and a one year high of $135.47. The firm has a 50-day moving average price of $127.14 and a 200-day moving average price of $122.26.

Home Depot (NYSE:HD) last issued its quarterly earnings results on Tuesday, November 17th. The home improvement retailer reported $1.36 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $1.32 by $0.04. During the same period last year, the firm earned $1.11 EPS. The firm had revenue of $21.80 billion for the quarter, compared to the consensus estimate of $21.77 billion. The company’s revenue for the quarter was up 6.4% on a year-over-year basis. On average, equities analysts expect that Home Depot Inc will post $5.34 EPS for the current fiscal year.

Several brokerages have recently commented on HD. Deutsche Bank upgraded Home Depot from a “hold” rating to a “buy” rating and lifted their target price for the stock from $122.76 to $135.00 in a research note on Monday, January 25th. They noted that the move was a valuation call. JPMorgan Chase & Co. reiterated a “buy” rating on shares of Home Depot in a research note on Thursday, January 21st. Jefferies Group reiterated a “buy” rating and set a $145.00 target price on shares of Home Depot in a research note on Thursday, December 10th. Oppenheimer reiterated an “outperform” rating on shares of Home Depot in a research note on Wednesday, December 9th. Finally, Nomura lifted their target price on Home Depot from $130.00 to $140.00 and gave the stock a “neutral” rating in a research note on Wednesday, December 9th. One equities research analyst has rated the stock with a sell rating, six have given a hold rating, fifteen have given a buy rating and one has assigned a strong buy rating to the company’s stock. The company currently has an average rating of “Buy” and a consensus target price of $135.74.

The Home Depot, Inc. (NYSE:HD) is a home improvement retailer. The Home Depot stores sell an assortment of building materials, home improvement products and lawn and garden products and provide services. The Home Depot stores average approximately 104,000 square feet of enclosed space, with approximately 24,000 additional square feet of outside garden area. The Home Depot stores serve three primary customer groups: do-it-yourself (DIY) customers, do-it-for-me (DIFM) customers and professional customers. As of December 31, 2014, the Company had 2,269 The Home Depot stores, which included 1,977 stores in the United States, including the Commonwealth of Puerto Rico and the territories of the United States Virgin Islands and Guam; 181 stores in Canada, and 111 stores in Mexico.

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