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Institutional investors boost Home Depot shares despite slightly missed earnings.
S Bank Fund Management and Financial Network Wealth Advisors have increased their investments in The Home Depot, while GKV Capital Management has reduced its holdings.
Despite slightly missing earnings expectations, Home Depot reported a 9.4% increase in quarterly revenue to $39.86 billion.
Institutional investors own 70.86% of Home Depot shares, and the stock has a strong buy rating with a target price of $426.77.
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Los inversores institucionales aumentaron las acciones de Home Depot a pesar de las ganancias ligeramente perdidas.