Home Depot Attracts Major Investors Amid Housing Market Recovery
Advisors Capital Management LLC made a significant investment in The Home Depot, Inc. (NYSE: HD) during the second quarter of this year.
The firm acquired 164,134 shares of the home improvement retailer's stock, valued at approximately $57.89 million.
This is not an isolated instance, as other institutional investors also modified their holdings in Home Depot during the same period.
Trillium Asset Management LLC bought a new position in Home Depot worth about $27.37 million, while PCM Encore LLC acquired a new stake valued at approximately $1.53 million.