Glenview Trust Co Invests $26.97 Million in The Home Depot
Glenview Trust Co has invested $26.97 million in Home Depot (HD) by purchasing 76,472 shares of its stock in the second quarter, according to a recent Form 13F filing with the Securities and Exchange Commission.
This investment is just one example of many large-scale investments made in Home Depot by various funds and institutions, as seen in the company's most recent quarterly filings. In total, institutional investors own approximately 70.86% of the company's stock.
Despite this significant ownership stake, Home Depot shares have still managed to fluctuate in value over the past few months. As of Thursday, August 26th, the stock opened at $318.63 and has a market cap of $317.89 billion. The company's P/E ratio is currently 22.30, while its beta stands at 0.95.