HD Supply Holdings Inc (HDS) : Cannell Peter B Co Inc reduced its stake in HD Supply Holdings Inc by 51.48% during the most recent quarter end. The investment management company now holds a total of 955,140 shares of HD Supply Holdings Inc which is valued at $34,432,797 after selling 1,013,475 shares in HD Supply Holdings Inc , the firm said in a disclosure report filed with the SEC on Aug 11, 2016.HD Supply Holdings Inc makes up approximately 1.20% of Cannell Peter B Co Inc’s portfolio.
Other Hedge Funds, Including , Broadview Advisors reduced its stake in HDS by selling 51,350 shares or 14.54% in the most recent quarter. The Hedge Fund company now holds 301,831 shares of HDS which is valued at $10,881,008. HD Supply Holdings Inc makes up approx 1.53% of Broadview Advisors’s portfolio.Ironbridge Capital Management Lp reduced its stake in HDS by selling 61,390 shares or 31.65% in the most recent quarter. The Hedge Fund company now holds 132,550 shares of HDS which is valued at $4,778,428. HD Supply Holdings Inc makes up approx 0.20% of Ironbridge Capital Management Lp’s portfolio.Blackrock Group Ltd boosted its stake in HDS in the latest quarter, The investment management firm added 354,235 additional shares and now holds a total of 546,967 shares of HD Supply Holdings Inc which is valued at $19,718,160. HD Supply Holdings Inc makes up approx 0.01% of Blackrock Group Ltd’s portfolio.Meeder Asset Management Inc boosted its stake in HDS in the latest quarter, The investment management firm added 24,369 additional shares and now holds a total of 28,729 shares of HD Supply Holdings Inc which is valued at $1,045,736. HD Supply Holdings Inc makes up approx 0.09% of Meeder Asset Management Inc’s portfolio. Willingdon Wealth Management added HDS to its portfolio by purchasing 51,038 company shares during the most recent quarter which is valued at $1,857,783. HD Supply Holdings Inc makes up approx 0.92% of Willingdon Wealth Management’s portfolio.
HD Supply Holdings Inc closed down -0.34 points or -0.93% at $36.27 with 31,53,910 shares getting traded on Tuesday. Post opening the session at $36.12, the shares hit an intraday low of $36 and an intraday high of $36.65 and the price fluctuated in this range throughout the day.Shares ended Tuesday session in Red.
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. Macquarie Initiated HD Supply Holdings Inc on Aug 26, 2016 to “Outperform”, Price Target of the shares are set at $42.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.