Ameritas Buys More Home Depot Stock Amid Strong Earnings

Ameritas Advisory Services LLC increased its stake in Home Depot stock by 41.3% during the second quarter, according to a recent filing with the Securities and Exchange Commission.

The institutional investor now owns 17,316 shares of the home improvement retailer's stock, valued at $6,107,000 as of its most recent filing.

Ameritas was not alone in modifying its holdings of Home Depot. Bank of Nova Scotia acquired a new position in the company during the second quarter valued at approximately $118,723,000.

The firm's quarterly earnings data on August 18th reported EPS of $4.92, beating analyst estimates by $0.19. Revenue was up 5.7% year-over-year to $47.86 billion.