Trexquant Investment Lp adds HD Supply Holdings Inc (HDS) to its portfolio

HD Supply Holdings Inc (HDS) : Trexquant Investment Lp added new position in HD Supply Holdings Inc during the most recent quarter end. The investment management firm now holds 144,489 shares of HD Supply Holdings Inc which is valued at $4.7 Million , the company said in a statement filed on May 11, 2016 with the SEC.HD Supply Holdings Inc makes up approximately 0.56% of Trexquant Investment Lp’s portfolio.

Other Hedge Funds, Including , Summit Securities Group added HDS to its portfolio by purchasing 26,072 company shares during the most recent quarter which is valued at $854,379. HD Supply Holdings Inc makes up approx 0.62% of Summit Securities Group’s portfolio.Impax Asset Management Ltd reduced its stake in HDS by selling 13,000 shares or 0.93% in the most recent quarter. The Hedge Fund company now holds 1,377,500 shares of HDS which is valued at $45.1 Million. HD Supply Holdings Inc makes up approx 2.42% of Impax Asset Management Ltd’s portfolio.Teachers Advisors Inc reduced its stake in HDS by selling 86,449 shares or 27.1% in the most recent quarter. The Hedge Fund company now holds 232,572 shares of HDS which is valued at $7.8 Million. HD Supply Holdings Inc makes up approx 0.01% of Teachers Advisors Inc’s portfolio.Neuberger Berman Group boosted its stake in HDS in the latest quarter, The investment management firm added 4,125 additional shares and now holds a total of 81,778 shares of HD Supply Holdings Inc which is valued at $2.7 Million.State Of New Jersey Common Pension Fund D reduced its stake in HDS by selling 15,000 shares or 12.0% in the most recent quarter. The Hedge Fund company now holds 110,000 shares of HDS which is valued at $3.8 Million. HD Supply Holdings Inc makes up approx 0.02% of State Of New Jersey Common Pension Fund D’s portfolio.

HD Supply Holdings Inc opened for trading at $32.9 and hit $33.625 on the upside on Monday, eventually ending the session at $33.33, with a gain of 1.71% or 0.56 points. The heightened volatility saw the trading volume jump to 10,98,922 shares. Company has a market cap of $6,685 M.

On the company’s financial health, HD Supply Holdings Inc reported $0.27 EPS for the quarter, beating the analyst consensus estimate by $ 0.03 according to the earnings call on Mar 15, 2016. Analyst had a consensus of $0.24. The company had revenue of $1648.00 million for the quarter, compared to analysts expectations of $1634.06 million. During the same quarter in the previous year, the company posted $0.11 EPS.

Many Wall Street Analysts have commented on HD Supply Holdings Inc. HD Supply Holdings Inc was Initiated by Sterne Agee CRT to “Buy” on Mar 22, 2016.

HD Supply Holdings Inc. is an industrial distributor in North America. It operates in four segments: Facilities Maintenance Waterworks Power Solutions and Construction & Industrial-White Cap. Facilities Maintenance distributes maintenance repair and operations (MRO) products provides value-add services and fabricates custom products. Waterworks distributes water and wastewater transmission products serving contractors and municipalities in the water and wastewater industries for non-residential and residential uses. Power Solutions distributes electrical transmission and distribution products power plant MRO supplies and smart-grid products and arranges materials management and procurement outsourcing for the power generation and distribution industries. Construction & Industrial-White Cap distributes specialized hardware tools engineered materials and safety products to non-residential and residential contractors.

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