Global Retirement Partners Buys New Shares in Home Depot
Global Retirement Partners LLC recently acquired new shares in The Home Depot, Inc. (NYSE:HD) as revealed in its latest Form 13F filing with the Securities and Exchange Commission.
The fund purchased a total of 43,435 shares of Home Depot's stock, valued at approximately $15,319,000 during the second quarter.
This is not an isolated incident, as other institutional investors and hedge funds have also added to or reduced their stakes in the company. Several notable investors acquired new positions in Home Depot during the same quarter, including 1ST Source Bank ($7,158,000), Alberta Investment Management Corp ($11,321,000), Elite Life Management LLC ($225,000), Fielder Capital Group LLC ($451,000), and Lynch Asset Management Inc. ($3,791,000).
The Home Depot has a strong track record of execution, as evident from its latest quarterly earnings report, where it exceeded consensus estimates on both earnings and revenue.