Cascade Investment Advisors Inc. cut its position in shares of HD Supply Holdings Inc (NASDAQ:HDS) by 1.6% during the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 25,715 shares of the industrial products company’s stock after selling 425 shares during the quarter. Cascade Investment Advisors Inc.’s holdings in HD Supply were worth $1,115,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently made changes to their positions in the company. FMR LLC increased its holdings in shares of HD Supply by 18.4% during the fourth quarter. FMR LLC now owns 20,846,482 shares of the industrial products company’s stock valued at $782,159,000 after purchasing an additional 3,243,867 shares during the period. Vanguard Group Inc increased its holdings in shares of HD Supply by 5.1% during the third quarter. Vanguard Group Inc now owns 17,692,988 shares of the industrial products company’s stock valued at $757,084,000 after purchasing an additional 864,941 shares during the period. Boston Partners increased its holdings in shares of HD Supply by 780.5% during the fourth quarter. Boston Partners now owns 4,302,702 shares of the industrial products company’s stock valued at $161,437,000 after purchasing an additional 3,814,025 shares during the period. Iridian Asset Management LLC CT increased its holdings in shares of HD Supply by 21.4% during the fourth quarter. Iridian Asset Management LLC CT now owns 4,120,220 shares of the industrial products company’s stock valued at $154,591,000 after purchasing an additional 727,127 shares during the period. Finally, D. E. Shaw & Co. Inc. increased its holdings in shares of HD Supply by 13.1% during the fourth quarter. D. E. Shaw & Co. Inc. now owns 2,707,816 shares of the industrial products company’s stock valued at $101,597,000 after purchasing an additional 312,896 shares during the period. Hedge funds and other institutional investors own 98.48% of the company’s stock.

A number of research analysts have recently commented on HDS shares. Robert W. Baird raised HD Supply from a “neutral” rating to an “outperform” rating and set a $39.96 price target on the stock in a report on Friday, January 25th. BidaskClub raised HD Supply from a “hold” rating to a “buy” rating in a report on Thursday, March 7th. Zacks Investment Research lowered HD Supply from a “hold” rating to a “sell” rating in a report on Wednesday, March 20th. Buckingham Research initiated coverage on HD Supply in a report on Thursday, December 20th. They set a “buy” rating and a $44.00 target price on the stock. Finally, Royal Bank of Canada lifted their target price on HD Supply from $43.00 to $44.00 and gave the stock a “sector perform” rating in a report on Wednesday, March 20th. They noted that the move was a valuation call. One equities research analyst has rated the stock with a sell rating, four have given a hold rating and nine have assigned a buy rating to the stock. The stock has a consensus rating of “Buy” and a consensus price target of $46.50.

Shares of HDS opened at $44.68 on Monday. The stock has a market capitalization of $7.63 billion, a P/E ratio of 13.14, a P/E/G ratio of 0.80 and a beta of 1.25. HD Supply Holdings Inc has a 1-year low of $35.35 and a 1-year high of $46.29. The company has a debt-to-equity ratio of 1.66, a quick ratio of 1.10 and a current ratio of 2.13.

HD Supply (NASDAQ:HDS) last issued its quarterly earnings results on Monday, March 18th. The industrial products company reported $0.70 earnings per share for the quarter, topping the Zacks’ consensus estimate of $0.67 by $0.03. The firm had revenue of $1.45 billion for the quarter, compared to analysts’ expectations of $1.42 billion. HD Supply had a return on equity of 41.40% and a net margin of 6.52%. HD Supply’s revenue was up 22.2% on a year-over-year basis. During the same quarter last year, the business posted $0.49 EPS. As a group, equities analysts forecast that HD Supply Holdings Inc will post 3.69 EPS for the current year.

In related news, CFO Evan Levitt sold 1,500 shares of HD Supply stock in a transaction dated Thursday, April 11th. The stock was sold at an average price of $44.70, for a total value of $67,050.00. Following the transaction, the chief financial officer now owns 35,961 shares of the company’s stock, valued at approximately $1,607,456.70. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Company insiders own 0.89% of the company’s stock.

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HD Supply 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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