Bailard Inc. bought a new position in shares of HD Supply Holdings Inc (NASDAQ:HDS) during the third quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm bought 21,138 shares of the industrial products company’s stock, valued at approximately $904,000.

A number of other institutional investors and hedge funds also recently modified their holdings of HDS. Bank of Montreal Can acquired a new stake in HD Supply in the second quarter valued at approximately $2,297,000. Eqis Capital Management Inc. acquired a new stake in HD Supply in the second quarter valued at approximately $214,000. Aperio Group LLC boosted its stake in HD Supply by 3.9% in the second quarter. Aperio Group LLC now owns 51,314 shares of the industrial products company’s stock valued at $2,201,000 after acquiring an additional 1,911 shares in the last quarter. TD Asset Management Inc. boosted its stake in HD Supply by 3.0% in the second quarter. TD Asset Management Inc. now owns 312,777 shares of the industrial products company’s stock valued at $13,415,000 after acquiring an additional 8,987 shares in the last quarter. Finally, Sumitomo Mitsui Trust Holdings Inc. boosted its stake in HD Supply by 8.0% in the second quarter. Sumitomo Mitsui Trust Holdings Inc. now owns 616,131 shares of the industrial products company’s stock valued at $26,426,000 after acquiring an additional 45,748 shares in the last quarter. Hedge funds and other institutional investors own 95.09% of the company’s stock.

In related news, Director Jana Partners Llc sold 621,235 shares of the firm’s stock in a transaction on Friday, October 5th. The shares were sold at an average price of $42.37, for a total transaction of $26,321,726.95. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Company insiders own 0.72% of the company’s stock.

Shares of HD Supply stock opened at $37.89 on Friday. The company has a debt-to-equity ratio of 1.18, a current ratio of 2.05 and a quick ratio of 1.31. HD Supply Holdings Inc has a 1 year low of $34.49 and a 1 year high of $46.29. The firm has a market cap of $7.01 billion, a P/E ratio of 16.40, a price-to-earnings-growth ratio of 0.83 and a beta of 1.45.

HD Supply (NASDAQ:HDS) last issued its earnings results on Tuesday, December 4th. The industrial products company reported $1.00 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $0.98 by $0.02. HD Supply had a net margin of 5.07% and a return on equity of 38.09%. The firm had revenue of $1.61 billion during the quarter, compared to analysts’ expectations of $1.59 billion. During the same quarter last year, the company posted $0.80 earnings per share. The firm’s revenue was up 17.7% compared to the same quarter last year. As a group, equities analysts anticipate that HD Supply Holdings Inc will post 3.43 earnings per share for the current fiscal year.

Several brokerages have weighed in on HDS. Zacks Investment Research upgraded shares of HD Supply from a “hold” rating to a “buy” rating and set a $51.00 target price for the company in a research note on Friday, August 31st. BidaskClub upgraded shares of HD Supply from a “hold” rating to a “buy” rating in a research note on Tuesday, August 21st. Northcoast Research upgraded shares of HD Supply from a “neutral” rating to a “buy” rating in a research note on Thursday, August 30th. Raymond James raised their target price on shares of HD Supply from $47.00 to $48.00 and gave the company a “buy” rating in a research note on Thursday, September 6th. Finally, SunTrust Banks raised their target price on shares of HD Supply from $50.00 to $52.00 in a research note on Thursday, September 6th. Six analysts have rated the stock with a hold rating and ten have assigned a buy rating to the stock. The stock presently has an average rating of “Buy” and a consensus target price of $47.33.

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