BNP Paribas Arbitrage SA reduced its position in shares of HD Supply Holdings, Inc. (NASDAQ:HDS) by 25.8% in the third quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 243,782 shares of the industrial products company’s stock after selling 84,593 shares during the quarter. BNP Paribas Arbitrage SA owned approximately 0.13% of HD Supply Holdings worth $8,793,000 as of its most recent filing with the Securities & Exchange Commission.

Other large investors have also recently bought and sold shares of the company. Creative Planning raised its holdings in HD Supply Holdings by 15.2% during the 2nd quarter. Creative Planning now owns 3,800 shares of the industrial products company’s stock valued at $116,000 after buying an additional 500 shares during the last quarter. Livforsakringsbolaget Skandia Omsesidigt bought a new stake in HD Supply Holdings during the 2nd quarter valued at $129,000. Barrett Asset Management LLC bought a new stake in HD Supply Holdings during the 2nd quarter valued at $161,000. Pinebridge Investments L.P. raised its holdings in HD Supply Holdings by 170.0% during the 2nd quarter. Pinebridge Investments L.P. now owns 5,400 shares of the industrial products company’s stock valued at $165,000 after buying an additional 3,400 shares during the last quarter. Finally, Daiwa Securities Group Inc. bought a new stake in HD Supply Holdings during the 2nd quarter valued at $181,000. Institutional investors own 98.83% of the company’s stock.

A number of equities research analysts recently commented on HDS shares. Credit Suisse Group lowered shares of HD Supply Holdings from an “outperform” rating to a “neutral” rating and set a $33.00 price target for the company. in a report on Friday, September 8th. Royal Bank Of Canada boosted their price objective on shares of HD Supply Holdings from $39.00 to $41.00 and gave the company an “outperform” rating in a research report on Wednesday, August 30th. Zacks Investment Research downgraded shares of HD Supply Holdings from a “buy” rating to a “hold” rating in a research report on Friday, September 1st. BidaskClub downgraded shares of HD Supply Holdings from a “buy” rating to a “hold” rating in a research report on Thursday, October 12th. Finally, Northcoast Research assumed coverage on shares of HD Supply Holdings in a research report on Tuesday, July 25th. They set a “neutral” rating on the stock. Thirteen investment analysts have rated the stock with a hold rating and six have given a buy rating to the stock. The stock presently has an average rating of “Hold” and an average price target of $38.50.

Shares of HD Supply Holdings, Inc. (HDS) opened at $34.44 on Thursday. The firm has a market cap of $6,454.22, a PE ratio of 13.61, a PEG ratio of 0.78 and a beta of 1.40. The company has a debt-to-equity ratio of 3.57, a current ratio of 2.04 and a quick ratio of 1.41. HD Supply Holdings, Inc. has a 1 year low of $28.97 and a 1 year high of $44.73.

HD Supply Holdings (NASDAQ:HDS) last released its earnings results on Wednesday, September 6th. The industrial products company reported $0.64 earnings per share for the quarter, hitting the Zacks’ consensus estimate of $0.64. The firm had revenue of $1.35 billion for the quarter, compared to the consensus estimate of $1.35 billion. HD Supply Holdings had a net margin of 9.31% and a return on equity of 49.76%. The company’s revenue was up 5.4% compared to the same quarter last year. During the same period in the prior year, the firm earned $0.85 EPS. research analysts anticipate that HD Supply Holdings, Inc. will post 2.21 earnings per share for the current fiscal year.

HD Supply Holdings announced that its Board of Directors has approved a stock buyback plan on Tuesday, August 29th that permits the company to buyback $500.00 million in outstanding shares. This buyback authorization permits the industrial products company to purchase shares of its stock through open market purchases. Shares buyback plans are generally a sign that the company’s board believes its stock is undervalued.

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HD Supply Holdings 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.

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

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