Stocks
Brooks Moore & Associates Inc. Buys New Stake in The Home Depot, Inc.
Brooks Moore & Associates Inc., a financial firm, acquired a new stake in The Home Depot, Inc. (NYSE:HD) during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission.
The company bought 10,711 shares of Home Depot's stock, valued at approximately $3,778,000, which makes up about 1.7% of Brooks Moore & Associates Inc.'s portfolio.
This is not an isolated event; several other hedge funds have also made changes to their positions in the company recently.
Home Depot announced its latest quarterly results on Tuesday, August 18th, exceeding analysts' expectations with earnings of $4.92 per share and revenue of $47.86 billion, up 5.7% year over year.