Koch Industries Inc. grew its position in HD Supply Holdings Inc (NASDAQ:HDS) by 55.0% during the fourth quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 19,998 shares of the industrial products company’s stock after buying an additional 7,097 shares during the period. Koch Industries Inc.’s holdings in HD Supply were worth $801,000 at the end of the most recent quarter.
Other large investors have also recently added to or reduced their stakes in the company. Public Employees Retirement Association of Colorado raised its position in shares of HD Supply by 3.8% in the 4th quarter. Public Employees Retirement Association of Colorado now owns 1,342,646 shares of the industrial products company’s stock valued at $53,746,000 after purchasing an additional 49,223 shares during the last quarter. Davidson Kempner Capital Management LP purchased a new position in shares of HD Supply in the 3rd quarter valued at approximately $12,625,000. DnB Asset Management AS raised its position in shares of HD Supply by 28.6% in the 4th quarter. DnB Asset Management AS now owns 53,060 shares of the industrial products company’s stock valued at $2,124,000 after purchasing an additional 11,800 shares during the last quarter. Cannell Peter B & Co. Inc. raised its position in shares of HD Supply by 0.8% in the 3rd quarter. Cannell Peter B & Co. Inc. now owns 1,898,195 shares of the industrial products company’s stock valued at $68,468,000 after purchasing an additional 14,645 shares during the last quarter. Finally, Legal & General Group Plc raised its position in shares of HD Supply by 11.9% in the 3rd quarter. Legal & General Group Plc now owns 285,376 shares of the industrial products company’s stock valued at $10,294,000 after purchasing an additional 30,250 shares during the last quarter. Institutional investors and hedge funds own 96.93% of the company’s stock.
Several equities analysts recently commented on HDS shares. ValuEngine raised shares of HD Supply from a “hold” rating to a “buy” rating in a research report on Tuesday, December 5th. SunTrust Banks reaffirmed a “hold” rating and issued a $42.00 price objective on shares of HD Supply in a research report on Thursday, December 7th. Zacks Investment Research raised shares of HD Supply from a “hold” rating to a “buy” rating and set a $43.00 price target for the company in a research report on Thursday, December 7th. BidaskClub raised shares of HD Supply from a “hold” rating to a “buy” rating in a research report on Thursday, December 7th. Finally, Royal Bank of Canada lowered shares of HD Supply from an “outperform” rating to a “sector perform” rating in a research report on Wednesday, January 3rd. One equities research analyst has rated the stock with a sell rating, fourteen have given a hold rating and four have issued a buy rating to the company. The stock currently has an average rating of “Hold” and an average target price of $39.29.
Shares of HD Supply Holdings Inc (NASDAQ HDS) traded down $0.08 during midday trading on Wednesday, hitting $38.01. 2,706,353 shares of the stock were exchanged, compared to its average volume of 2,080,000. The firm has a market cap of $7,060.00, a PE ratio of 30.65, a price-to-earnings-growth ratio of 0.65 and a beta of 1.31. HD Supply Holdings Inc has a twelve month low of $28.97 and a twelve month high of $42.25. The company has a quick ratio of 1.80, a current ratio of 2.80 and a debt-to-equity ratio of 1.40.
HD Supply (NASDAQ:HDS) last issued its quarterly earnings data on Tuesday, March 13th. The industrial products company reported $0.49 EPS for the quarter, topping analysts’ consensus estimates of $0.44 by $0.05. The business had revenue of $1.18 billion for the quarter, compared to analysts’ expectations of $1.18 billion. HD Supply had a net margin of 16.55% and a return on equity of 41.89%. The business’s revenue was up 9.0% on a year-over-year basis. During the same quarter last year, the company earned $0.44 EPS. equities analysts forecast that HD Supply Holdings Inc will post 2.28 EPS for the current year.
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HD Supply Company Profile
HD Supply Holdings, Inc is an industrial distributor in North America. The Company’s segments include Facilities Maintenance, Construction & Industrial-White Cap, and Corporate. As of January 29, 2017, the Company operated through approximately 500 locations across 48 states in the United States and six Canadian provinces.
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