Public Employees Retirement Association of Colorado lifted its holdings in shares of HD Supply Holdings Inc (NASDAQ:HDS) by 3.8% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 1,342,646 shares of the industrial products company’s stock after buying an additional 49,223 shares during the quarter. Public Employees Retirement Association of Colorado’s holdings in HD Supply were worth $53,746,000 as of its most recent SEC filing.
Several other hedge funds have also made changes to their positions in the company. Aperio Group LLC raised its stake in HD Supply by 6.0% in the 4th quarter. Aperio Group LLC now owns 43,487 shares of the industrial products company’s stock valued at $1,741,000 after purchasing an additional 2,471 shares during the last quarter. Victory Capital Management Inc. raised its stake in HD Supply by 12.6% in the 4th quarter. Victory Capital Management Inc. now owns 36,745 shares of the industrial products company’s stock valued at $1,471,000 after purchasing an additional 4,118 shares during the last quarter. Engineers Gate Manager LP raised its stake in HD Supply by 669.8% in the 4th quarter. Engineers Gate Manager LP now owns 138,814 shares of the industrial products company’s stock valued at $5,557,000 after purchasing an additional 120,782 shares during the last quarter. Pineno Levin & Ford Asset Management Inc. acquired a new position in HD Supply in the 4th quarter valued at $260,000. Finally, Bessemer Group Inc. raised its stake in HD Supply by 849.5% in the 4th quarter. Bessemer Group Inc. now owns 3,475 shares of the industrial products company’s stock valued at $139,000 after purchasing an additional 3,109 shares during the last quarter.
Shares of HD Supply Holdings Inc (NASDAQ HDS) opened at $36.86 on Monday. The company has a quick ratio of 1.80, a current ratio of 2.80 and a debt-to-equity ratio of 1.40. The stock has a market capitalization of $6,844.10, a price-to-earnings ratio of 6.93, a price-to-earnings-growth ratio of 0.65 and a beta of 1.29. HD Supply Holdings Inc has a twelve month low of $28.97 and a twelve month high of $44.73.
HD Supply (NASDAQ:HDS) last issued its earnings results on Tuesday, December 5th. The industrial products company reported $0.80 earnings per share (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate of $0.75 by $0.05. The company had revenue of $1.37 billion during the quarter, compared to analysts’ expectations of $1.34 billion. HD Supply had a return on equity of 41.89% and a net margin of 16.55%. The firm’s quarterly revenue was up 7.5% on a year-over-year basis. During the same period in the prior year, the business earned $0.83 EPS. equities research analysts anticipate that HD Supply Holdings Inc will post 2.27 earnings per share for the current year.
Several research firms recently commented on HDS. Zacks Investment Research downgraded HD Supply from a “buy” rating to a “hold” rating in a research note on Friday, December 8th. BidaskClub raised HD Supply from a “hold” rating to a “buy” rating in a research note on Thursday, December 7th. Robert W. Baird reissued a “hold” rating and issued a $38.00 price objective on shares of HD Supply in a research note on Monday, October 9th. ValuEngine downgraded HD Supply from a “buy” rating to a “hold” rating in a research note on Saturday. Finally, SunTrust Banks reissued a “hold” rating and issued a $42.00 price objective on shares of HD Supply in a research note on Thursday, December 7th. One equities research analyst has rated the stock with a sell rating, fourteen have assigned a hold rating and three have issued a buy rating to the company’s stock. The company currently has an average rating of “Hold” and a consensus price target of $38.85.
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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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