HD Supply Holdings Inc (HDS) Shares Bought by AMP Capital Investors Ltd

AMP Capital Investors Ltd boosted its stake in shares of HD Supply Holdings Inc (NASDAQ:HDS) by 3.7% in the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 199,450 shares of the industrial products company’s stock after buying an additional 7,203 shares during the quarter. AMP Capital Investors Ltd owned approximately 0.11% of HD Supply worth $8,469,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently made changes to their positions in the stock. Blair William & Co. IL grew its position in shares of HD Supply by 270.8% in the 3rd quarter. Blair William & Co. IL now owns 59,494 shares of the industrial products company’s stock worth $2,546,000 after buying an additional 43,450 shares during the last quarter. Connor Clark & Lunn Investment Management Ltd. grew its position in shares of HD Supply by 300.6% in the 3rd quarter. Connor Clark & Lunn Investment Management Ltd. now owns 64,100 shares of the industrial products company’s stock worth $2,743,000 after buying an additional 48,100 shares during the last quarter. Dimensional Fund Advisors LP grew its position in shares of HD Supply by 7.2% in the 3rd quarter. Dimensional Fund Advisors LP now owns 1,387,061 shares of the industrial products company’s stock worth $59,350,000 after buying an additional 93,551 shares during the last quarter. Quantbot Technologies LP grew its position in shares of HD Supply by 44.6% in the 3rd quarter. Quantbot Technologies LP now owns 76,280 shares of the industrial products company’s stock worth $3,264,000 after buying an additional 23,541 shares during the last quarter. Finally, Panagora Asset Management Inc. grew its position in shares of HD Supply by 25.1% in the 3rd quarter. Panagora Asset Management Inc. now owns 3,292,688 shares of the industrial products company’s stock worth $140,894,000 after buying an additional 661,288 shares during the last quarter. Institutional investors own 95.09% of the company’s stock.

A number of brokerages have recently issued reports on HDS. BidaskClub downgraded shares of HD Supply from a “buy” rating to a “hold” rating in a research report on Friday, September 7th. Gordon Haskett began coverage on shares of HD Supply in a research report on Friday, October 12th. They issued a “hold” rating on the stock. Northcoast Research raised shares of HD Supply from a “neutral” rating to a “buy” rating in a research report on Thursday, August 30th. ValuEngine downgraded shares of HD Supply from a “buy” rating to a “hold” rating in a research report on Friday, September 7th. Finally, Zacks Investment Research downgraded shares of HD Supply from a “buy” rating to a “hold” rating in a research report on Thursday, August 9th. Six research analysts have rated the stock with a hold rating and ten have issued a buy rating to the company’s stock. HD Supply has an average rating of “Buy” and a consensus target price of $47.33.

NASDAQ:HDS opened at $39.69 on Friday. The company has a market cap of $7.23 billion, a price-to-earnings ratio of 17.18, a P/E/G ratio of 0.85 and a beta of 1.45. HD Supply Holdings Inc has a twelve month low of $34.49 and a twelve month high of $46.29. The company has a current ratio of 2.27, a quick ratio of 1.31 and a debt-to-equity ratio of 1.30.

HD Supply (NASDAQ:HDS) last released its earnings results on Tuesday, December 4th. The industrial products company reported $1.00 earnings per share for the quarter, topping the consensus estimate of $0.98 by $0.02. The company had revenue of $1.61 billion for the quarter, compared to the consensus estimate of $1.59 billion. HD Supply had a net margin of 5.07% and a return on equity of 38.58%. HD Supply’s revenue was up 17.7% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $0.80 EPS. On average, equities research analysts expect that HD Supply Holdings Inc will post 3.33 earnings per share for the current year.

In other news, Director Jana Partners Llc sold 621,235 shares of the company’s stock in a transaction on Friday, October 5th. The shares were sold at an average price of $42.37, for a total value of $26,321,726.95. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. 0.72% of the stock is currently owned by insiders.

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About HD Supply

HD Supply Holdings, Inc operates as an industrial distributor in North America. It operates through two segments, Facilities Maintenance, and Construction & Industrial. The Facilities Maintenance segment offers electrical and lighting items, plumbing, appliances, janitorial supplies, hardware, kitchen and bath cabinets, window coverings, textiles and guest amenities, healthcare maintenance, and water and wastewater treatment products, as well as heating, ventilating, and air conditioning products.

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Institutional Ownership by Quarter for HD Supply (NASDAQ:HDS)

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