Verde Servicos Internacionais S.a. Lowers stake in HD Supply Holdings Inc (HDS)

HD Supply Holdings Inc (HDS) : Verde Servicos Internacionais S.a. reduced its stake in HD Supply Holdings Inc by 36.55% during the most recent quarter end. The investment management company now holds a total of 390,490 shares of HD Supply Holdings Inc which is valued at $14,131,833 after selling 224,910 shares in HD Supply Holdings Inc , the firm said in a disclosure report filed with the SEC on Jul 18, 2016.HD Supply Holdings Inc makes up approximately 1.18% of Verde Servicos Internacionais S.a.’s portfolio.

Other Hedge Funds, Including , Fox Run Management L.l.c. sold out all of its stake in HDS during the most recent quarter. The investment firm sold 8,700 shares of HDS which is valued $314,853.Hexavest boosted its stake in HDS in the latest quarter, The investment management firm added 711 additional shares and now holds a total of 6,869 shares of HD Supply Holdings Inc which is valued at $248,452. Eqis Capital Management added HDS to its portfolio by purchasing 34,402 company shares during the most recent quarter which is valued at $1,244,320. HD Supply Holdings Inc makes up approx 0.08% of Eqis Capital Management’s portfolio.Cutler Group Lp reduced its stake in HDS by selling 2,245 shares or 64.88% in the most recent quarter. The Hedge Fund company now holds 1,215 shares of HDS which is valued at $43,290.

HD Supply Holdings Inc opened for trading at $35.9 and hit $36.32 on the upside on Wednesday, eventually ending the session at $36.19, with a gain of 0.98% or 0.35 points. The heightened volatility saw the trading volume jump to 14,27,134 shares. Company has a market cap of $7,264 M.

On the company’s financial health, HD Supply Holdings Inc reported $0.51 EPS for the quarter, beating the analyst consensus estimate by $ 0.04 according to the earnings call on Jun 7, 2016. Analyst had a consensus of $0.47. The company had revenue of $1844.00 million for the quarter, compared to analysts expectations of $1836.07 million. The company’s revenue was up 7.0% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.33 EPS.

Many Wall Street Analysts have commented on HD Supply Holdings Inc. HD Supply Holdings Inc was Resumed by Credit Suisse to “Outperform” on Jun 17, 2016. HD Supply Holdings Inc was Initiated by Longbow to “Buy” on Jun 2, 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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