HD Supply Holdings (HDS) Receiving Positive News Coverage, AlphaOne Reports
- Author: Zachary Reyes Jun 07, 2017,
Jun 07, 2017, 4:58
Four analysts have rated the stock with a hold rating, ten have assigned a buy rating and one has assigned a strong buy rating to the stock. (HDS)'s latest closing price distance was 6.46% from the average-price of 200 days while it maintained a distance from the 50 Day Moving Average at 2.08% and 1.22% compared with the 20 Day Moving Average. The Washington-based Parametric Port Associates Limited Company has invested 0% in Q2 Holdings Inc (NYSE:QTWO). Credit Suisse Group AG restated a "buy" rating on shares of HD Supply Holdings in a report on Thursday, March 16th. If you are accessing this piece of content on another site, it was copied illegally and reposted in violation of United States and global copyright and trademark law. Fred Alger Mngmt owns 1.04% invested in HD Supply Holdings Inc (NASDAQ:HDS) for 4.48 million shares. RBC Capital Markets maintained it with "Outperform" rating and $43 target in Thursday, September 8 report.
About 13.79 million shares traded or 550.47% up from the average. The stock touched 52-week High of $37.17 on 01/25/17 and 52-week Low of $20.77 on 08/04/16. Sterne Agee CRT initiated HD Supply Holdings Inc (NASDAQ:HDS) on Tuesday, March 22 with "Buy" rating. Looking ahead to earnings forecasts, for the running fiscal period, Wall Street analysts have anticipated that the company will report 0.60 earnings per share. The company had revenue of $1.64 billion for the quarter, compared to analysts' expectations of $1.63 billion. During the same period in the previous year, the business earned $0.27 EPS. The analysts estimated sales for the higher end at 1166.31 million and lower end at 1038.4 million while the year ago reported sale was 1185.45 million.
News stories about HD Supply Holdings (NASDAQ:HDS) have been trending positive recently, according to AlphaOne Sentiment. Also, Chairman Joseph J. Deangelo sold 712,145 shares of HD Supply Holdings stock in a transaction dated Tuesday, April 4th. The shares were sold at an average price of $40.50, for a total value of $125,388.00. Following the completion of the transaction, the senior vice president now owns 16,436 shares in the company, valued at approximately $695,735.88. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink.
Workday Inc's Chief Financial Officer Robynne Sisco sold 1,320 shares of the company's stock in a trade dated 05/06/2017. (CF) now has P/E (Price to Earnings) ratio of 0 while the company's industry has 26.54 P/E and the sector P/E is 38.43. Company insiders own 0.98% of the company's stock. The disclosure for this sale can be found here. She also sold 1,405 shares with a total value of about $132,638 Dollars in the last month. (CF). These ratios are important while doing valuation of the company or the shares of the company.
Now the P/E of HD Supply Holdings, Inc. stands at 40.94. (HDS) belonging to the Industrial Products sector has surged 0.78% and closed its last trading session at $41.47. Also, the number of investment professionals holding HD Supply Holdings Inc in their top 10 holdings increased from 8 to 10 for an increase of 2. Following the completion of the sale, the insider now directly owns 26,790 shares in the company, valued at $1,132,681.20. Ibex Wealth Advisors bought a new stake in shares of HD Supply Holdings during the fourth quarter valued at $126,000.
In the past 5 years, the stock showed growth of 30.41% per annum. Moreover, Greenwich Investment Management Inc. has 3.08% invested in the company for 164,681 shares. BlackRock Inc. now owns 8,197,945 shares of the industrial products company's stock valued at $337,140,000 after buying an additional 8,150,145 shares during the last quarter.
Driehaus Capital Management Llc decreased Patheon Nv stake by 24,524 shares to 60,115 valued at $1.73M in 2016Q4. Cadence Capital Management LLC now owns 6,096 shares of the industrial products company's stock valued at $251,000 after buying an additional 53 shares during the last quarter. Hedge funds and other institutional investors own 96.17% of the company's stock. UBS Oconnor LLC purchased a new position in shares of HD Supply Holdings during the third quarter valued at approximately $14,500,000. The company has market cap of $7.00 billion.