Swiss National Bank Purchases 19,700 Shares of HD Supply Holdings Inc (NASDAQ:HDS)

Swiss National Bank lifted its stake in shares of HD Supply Holdings Inc (NASDAQ:HDS) by 3.5% during the first quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 582,400 shares of the industrial products company’s stock after purchasing an additional 19,700 shares during the quarter. Swiss National Bank owned about 0.34% of HD Supply worth $25,247,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors also recently made changes to their positions in HDS. Investors Research Corp bought a new position in HD Supply during the 1st quarter valued at $30,000. Penserra Capital Management LLC boosted its stake in HD Supply by 58.4% during the 4th quarter. Penserra Capital Management LLC now owns 944 shares of the industrial products company’s stock valued at $35,000 after purchasing an additional 348 shares in the last quarter. Quadrant Capital Group LLC boosted its stake in HD Supply by 610.3% during the 1st quarter. Quadrant Capital Group LLC now owns 1,243 shares of the industrial products company’s stock valued at $52,000 after purchasing an additional 1,068 shares in the last quarter. Captrust Financial Advisors boosted its stake in HD Supply by 23.4% during the 4th quarter. Captrust Financial Advisors now owns 1,505 shares of the industrial products company’s stock valued at $56,000 after purchasing an additional 285 shares in the last quarter. Finally, FinTrust Capital Advisors LLC boosted its stake in HD Supply by 36.7% during the 1st quarter. FinTrust Capital Advisors LLC now owns 1,303 shares of the industrial products company’s stock valued at $56,000 after purchasing an additional 350 shares in the last quarter. Institutional investors and hedge funds own 94.82% of the company’s stock.

A number of brokerages have issued reports on HDS. Longbow Research raised HD Supply from a “neutral” rating to a “buy” rating and set a $53.00 price target for the company in a research note on Monday, June 3rd. Royal Bank of Canada increased their price target on HD Supply from $43.00 to $44.00 and gave the company a “sector perform” rating in a research note on Wednesday, March 20th. They noted that the move was a valuation call. BidaskClub lowered HD Supply from a “buy” rating to a “hold” rating in a research note on Wednesday, March 13th. Zacks Investment Research lowered HD Supply from a “hold” rating to a “sell” rating in a research note on Wednesday, March 20th. Finally, Northcoast Research reissued a “buy” rating on shares of HD Supply in a research note on Wednesday, June 12th. Five analysts have rated the stock with a hold rating and eight have assigned a buy rating to the company. The company presently has a consensus rating of “Buy” and an average target price of $47.50.

In other HD Supply news, CFO Evan Levitt sold 1,500 shares of the firm’s stock in a transaction dated Thursday, April 11th. The stock was sold at an average price of $44.70, for a total transaction of $67,050.00. Following the transaction, the chief financial officer now directly owns 35,961 shares in the company, valued at $1,607,456.70. The transaction was disclosed in a filing with the SEC, which is available through this link. 0.89% of the stock is owned by company insiders.

Shares of HDS traded up $0.08 during mid-day trading on Monday, reaching $40.36. The company’s stock had a trading volume of 2,622,548 shares, compared to its average volume of 1,630,660. The company has a fifty day moving average price of $41.28. The company has a market cap of $7.02 billion, a P/E ratio of 11.87, a price-to-earnings-growth ratio of 0.68 and a beta of 1.16. HD Supply Holdings Inc has a 1 year low of $35.35 and a 1 year high of $47.13. The company has a debt-to-equity ratio of 1.77, a quick ratio of 1.07 and a current ratio of 2.06.

HD Supply (NASDAQ:HDS) last released its earnings results on Tuesday, June 11th. The industrial products company reported $0.84 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of $0.81 by $0.03. HD Supply had a return on equity of 43.10% and a net margin of 6.70%. The company had revenue of $1.49 billion during the quarter, compared to analyst estimates of $1.49 billion. During the same quarter in the prior year, the company earned $0.70 earnings per share. The company’s revenue for the quarter was up 7.5% on a year-over-year basis. Sell-side analysts predict that HD Supply Holdings Inc will post 3.59 EPS for the current year.

HD Supply Company Profile

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 supplies, appliances, janitorial supplies, hardware products, kitchen and bath cabinets, window coverings, textiles and guest amenities, healthcare maintenance products, 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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