Nykredit A S Invests $115 Million in The Home Depot

Nykredit A S, a Danish investment firm, has made a significant new investment in The Home Depot, Inc. (NYSE:HD).

According to the company's most recent 13F filing with the Securities and Exchange Commission, Nykredit acquired 326,581 shares of Home Depot stock valued at approximately $115,179,000.

This represents a new position in the home improvement retailer for Nykredit A S. The investment firm acquired the shares during the second quarter of this year.

Home Depot's stock has been performing well, with the company reporting solid earnings and revenue growth. In its most recent quarterly report, Home Depot reported $4.92 EPS, beating analyst estimates by $0.19.