BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp Has $2.49 Million Holdings in HD Supply Holdings Inc (HDS)

BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp decreased its holdings in shares of HD Supply Holdings Inc (NASDAQ:HDS) by 61.8% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 66,481 shares of the industrial products company’s stock after selling 107,586 shares during the period. BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp’s holdings in HD Supply were worth $2,494,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also made changes to their positions in HDS. 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 worth $161,437,000 after buying an additional 3,814,025 shares in the last quarter. JPMorgan Chase & Co. increased its holdings in shares of HD Supply by 1,148.4% during the third quarter. JPMorgan Chase & Co. now owns 2,144,848 shares of the industrial products company’s stock worth $91,779,000 after buying an additional 1,973,046 shares in the last quarter. FMR LLC increased its holdings in shares of HD Supply by 10.1% during the third quarter. FMR LLC now owns 17,602,615 shares of the industrial products company’s stock worth $753,217,000 after buying an additional 1,614,823 shares in the last quarter. 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 worth $757,084,000 after buying an additional 864,941 shares in the last quarter. Finally, 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 worth $154,591,000 after buying an additional 727,127 shares in the last quarter. Hedge funds and other institutional investors own 93.36% of the company’s stock.

Shares of HD Supply stock opened at $42.99 on Friday. The company has a debt-to-equity ratio of 1.18, a current ratio of 2.05 and a quick ratio of 1.11. The company has a market capitalization of $7.66 billion, a P/E ratio of 18.61, a P/E/G ratio of 0.85 and a beta of 1.25. HD Supply Holdings Inc has a fifty-two week low of $35.35 and a fifty-two week high of $46.29.

Several research firms have recently weighed in on HDS. BidaskClub lowered shares of HD Supply from a “buy” rating to a “hold” rating in a report on Wednesday. Zacks Investment Research lowered shares of HD Supply from a “buy” rating to a “hold” rating in a report on Wednesday, February 6th. Raymond James dropped their price objective on shares of HD Supply from $48.00 to $45.00 and set an “outperform” rating for the company in a report on Thursday, December 6th. Barclays dropped their price objective on shares of HD Supply from $51.00 to $48.00 and set an “overweight” rating for the company in a report on Monday, December 17th. Finally, Robert W. Baird raised shares of HD Supply from a “neutral” rating to an “outperform” rating and set a $39.96 price objective for the company in a report on Friday, January 25th. Five equities research analysts have rated the stock with a hold rating and ten have issued a buy rating to the company’s stock. The company presently has an average rating of “Buy” and an average target price of $46.60.

In related news, Director Jana Partners Llc sold 588,300 shares of the firm’s stock in a transaction that occurred on Friday, January 4th. The shares were sold at an average price of $37.71, for a total value of $22,184,793.00. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. In the last three months, insiders sold 3,251,545 shares of company stock valued at $123,065,335. 0.72% of the stock is currently owned by company insiders.

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About HD Supply

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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