Shares of HD Supply Holdings Inc (NASDAQ:HDS) have been assigned an average rating of “Hold” from the eighteen ratings firms that are presently covering the firm, MarketBeat reports. One analyst has rated the stock with a sell rating, fourteen have assigned a hold rating and three have issued a buy rating on the company. The average 12-month price objective among analysts that have issued ratings on the stock in the last year is $37.80.
A number of brokerages recently commented on HDS. ValuEngine lowered HD Supply from a “buy” rating to a “hold” rating in a research report on Saturday, February 3rd. BidaskClub lowered HD Supply from a “sell” rating to a “strong sell” rating in a research report on Wednesday, January 31st. Royal Bank of Canada lowered HD Supply from an “outperform” rating to a “sector perform” rating in a research report on Wednesday, January 3rd. Zacks Investment Research lowered HD Supply from a “buy” rating to a “hold” rating in a research report on Friday, December 8th. Finally, SunTrust Banks reiterated a “hold” rating and issued a $42.00 target price on shares of HD Supply in a research report on Thursday, December 7th.
Shares of HD Supply (NASDAQ:HDS) traded up $0.18 during mid-day trading on Tuesday, hitting $36.24. The stock had a trading volume of 1,055,498 shares, compared to its average volume of 2,271,667. HD Supply has a 1-year low of $28.97 and a 1-year high of $44.49. The stock has a market capitalization of $6,647.28, a price-to-earnings ratio of 6.78, a price-to-earnings-growth ratio of 0.63 and a beta of 1.29. The company has a debt-to-equity ratio of 1.40, a current ratio of 2.80 and a quick ratio of 1.80.
A number of large investors have recently made changes to their positions in HDS. Ameriprise Financial Inc. raised its stake in shares of HD Supply by 105.6% during the 2nd quarter. Ameriprise Financial Inc. now owns 248,977 shares of the industrial products company’s stock worth $7,629,000 after buying an additional 127,898 shares during the period. Dimensional Fund Advisors LP raised its stake in shares of HD Supply by 2.1% during the 2nd quarter. Dimensional Fund Advisors LP now owns 683,658 shares of the industrial products company’s stock worth $20,941,000 after buying an additional 14,197 shares during the period. OxFORD Asset Management LLP acquired a new position in shares of HD Supply during the 2nd quarter worth approximately $577,000. Janus Henderson Group PLC acquired a new position in shares of HD Supply during the 2nd quarter worth approximately $3,004,000. Finally, State Street Corp raised its stake in shares of HD Supply by 37.3% during the 2nd quarter. State Street Corp now owns 3,526,699 shares of the industrial products company’s stock worth $108,026,000 after buying an additional 957,778 shares during the period.
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About HD Supply
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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