Dimensional Fund Advisors LP Acquires 15,166 Shares of HD Supply Holdings Inc (HDS)

Dimensional Fund Advisors LP lifted its stake in shares of HD Supply Holdings Inc (NASDAQ:HDS) by 2.2% in the 3rd quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 698,824 shares of the industrial products company’s stock after buying an additional 15,166 shares during the period. Dimensional Fund Advisors LP owned about 0.37% of HD Supply worth $25,207,000 as of its most recent SEC filing.

Several other large investors also recently made changes to their positions in HDS. Massey Quick Simon & CO. LLC acquired a new stake in HD Supply in the third quarter valued at $185,000. Pinebridge Investments L.P. increased its holdings in HD Supply by 170.0% in the second quarter. Pinebridge Investments L.P. now owns 5,400 shares of the industrial products company’s stock valued at $165,000 after purchasing an additional 3,400 shares during the period. Commonwealth Equity Services Inc acquired a new stake in HD Supply in the third quarter valued at $236,000. Oakbrook Investments LLC acquired a new stake in HD Supply in the third quarter valued at $244,000. Finally, CIBC Asset Management Inc acquired a new stake in HD Supply in the third quarter valued at $245,000.

A number of research firms recently weighed in on HDS. ValuEngine downgraded HD Supply from a “buy” rating to a “hold” rating in a report on Saturday, February 3rd. BidaskClub downgraded HD Supply from a “buy” rating to a “hold” rating in a report on Friday, January 5th. Zacks Investment Research downgraded HD Supply from a “buy” rating to a “hold” rating in a report on Tuesday, November 7th. Finally, SunTrust Banks reiterated a “hold” rating and set a $42.00 price target on shares of HD Supply in a report on Thursday, December 7th. One investment analyst has rated the stock with a sell rating, fourteen have issued a hold rating and three have issued a buy rating to the company. The company currently has an average rating of “Hold” and a consensus price target of $38.85.

HD Supply Holdings Inc (NASDAQ HDS) traded up $0.23 during mid-day trading on Friday, hitting $35.80. 2,170,000 shares of the stock were exchanged, compared to its average volume of 1,990,506. The company has a market cap of $6,647.27, a PE ratio of 6.73, a PEG ratio of 0.63 and a beta of 1.29. The company has a quick ratio of 1.80, a current ratio of 2.80 and a debt-to-equity ratio of 1.40. HD Supply Holdings Inc has a one year low of $28.97 and a one year high of $44.73.

HD Supply (NASDAQ:HDS) last released its quarterly earnings data on Tuesday, December 5th. The industrial products company reported $0.80 earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of $0.75 by $0.05. The company had revenue of $1.37 billion for the quarter, compared to analysts’ expectations of $1.34 billion. HD Supply had a net margin of 16.55% and a return on equity of 41.89%. The business’s revenue was up 7.5% on a year-over-year basis. During the same quarter in the prior year, the firm earned $0.83 EPS. research analysts forecast that HD Supply Holdings Inc will post 2.27 EPS for the current year.

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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.

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

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