Tortoise Investment Management Takes Home Depot Position
Tortoise Investment Management LLC, a financial institution, has taken a new position in shares of The Home Depot, Inc. (NYSE:HD) during the second quarter.
The company purchased 3,407 shares of HD's stock, valued at approximately $1,202,000.
This is not an isolated incident; other institutional investors have also modified their holdings in HD recently.
Curio Wealth LLC lifted its holdings in Home Depot by 13.5% during the fourth quarter and now owns 218 shares of the home improvement retailer's stock worth $76,000.
The firm has a consensus rating of 'Moderate Buy' among analysts, with eighteen research analysts rating the stock as a 'Buy', thirteen rating it as a 'Hold', and one rating it as a 'Sell'. The consensus price target for HD is $375.54.