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Liberty Wealth Management increased its Home Depot stake, despite Q1 earnings slightly missing estimates.
Liberty Wealth Management LLC increased its stake in Home Depot by 66,558 shares, now owning 68,927 shares worth $25.26 million.
Home Depot's Q1 earnings were $3.56 per share, slightly missing estimates.
Revenue was $39.86 billion, exceeding expectations.
Analysts forecast a 15.13 EPS for the year, predicting a 62.42% stock price increase.
Additionally, L&S Advisors Inc. raised its holdings by 7.1%, and some executives sold shares, while the company announced a $2.30 quarterly dividend.
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Liberty Wealth Management aumentó su participación en Home Depot, a pesar de las ganancias del primer trimestre ligeramente por debajo de las estimaciones.