Gamco Investors INC. ET AL acquired a new position in HD Supply Holdings, Inc. (NASDAQ:HDS) during the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund acquired 12,330 shares of the industrial products company’s stock, valued at approximately $445,000.

Other institutional investors have also recently modified their holdings of the company. Creative Planning grew its position in shares of HD Supply Holdings by 15.2% in the 2nd quarter. Creative Planning now owns 3,800 shares of the industrial products company’s stock worth $116,000 after buying an additional 500 shares during the last quarter. Livforsakringsbolaget Skandia Omsesidigt acquired a new stake in HD Supply Holdings in the 2nd quarter worth approximately $129,000. Barrett Asset Management LLC acquired a new stake in HD Supply Holdings in the 2nd quarter worth approximately $161,000. Pinebridge Investments L.P. boosted its stake in HD Supply Holdings by 170.0% in the 2nd quarter. Pinebridge Investments L.P. now owns 5,400 shares of the industrial products company’s stock worth $165,000 after purchasing an additional 3,400 shares in the last quarter. Finally, Daiwa Securities Group Inc. acquired a new stake in HD Supply Holdings in the 2nd quarter worth approximately $181,000. 98.83% of the stock is currently owned by hedge funds and other institutional investors.

Shares of HD Supply Holdings, Inc. (NASDAQ HDS) opened at $34.44 on Thursday. The company has a debt-to-equity ratio of 3.57, a quick ratio of 1.41 and a current ratio of 2.04. HD Supply Holdings, Inc. has a 12 month low of $28.97 and a 12 month high of $44.73. The company has a market cap of $6,454.22, a P/E ratio of 13.61, a price-to-earnings-growth ratio of 0.78 and a beta of 1.40.

HD Supply Holdings (NASDAQ:HDS) last announced its quarterly earnings data on Wednesday, September 6th. The industrial products company reported $0.64 EPS for the quarter, meeting the consensus estimate of $0.64. HD Supply Holdings had a net margin of 9.31% and a return on equity of 49.76%. The business had revenue of $1.35 billion during the quarter, compared to analysts’ expectations of $1.35 billion. During the same period in the previous year, the business posted $0.85 EPS. The business’s quarterly revenue was up 5.4% compared to the same quarter last year. equities research analysts predict that HD Supply Holdings, Inc. will post 2.21 earnings per share for the current year.

HD Supply Holdings declared that its board has initiated a stock repurchase plan on Tuesday, August 29th that permits the company to repurchase $500.00 million in shares. This repurchase authorization permits the industrial products company to repurchase shares of its stock through open market purchases. Stock repurchase plans are generally an indication that the company’s board of directors believes its stock is undervalued.

A number of analysts recently commented on the stock. SunTrust Banks, Inc. reiterated a “hold” rating and issued a $35.00 target price on shares of HD Supply Holdings in a research note on Friday, November 10th. Zacks Investment Research cut shares of HD Supply Holdings from a “buy” rating to a “hold” rating in a research note on Tuesday, November 7th. BidaskClub cut shares of HD Supply Holdings from a “buy” rating to a “hold” rating in a research note on Thursday, October 12th. Robert W. Baird reiterated a “hold” rating and issued a $38.00 target price on shares of HD Supply Holdings in a research note on Monday, October 9th. Finally, Wells Fargo & Company lifted their target price on shares of HD Supply Holdings from $40.00 to $42.00 and gave the stock an “outperform” rating in a research note on Friday, October 6th. Thirteen equities research analysts have rated the stock with a hold rating and six have issued a buy rating to the company. The company has a consensus rating of “Hold” and a consensus price target of $38.50.

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HD Supply Holdings 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.

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

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