William Blair reaffirmed their outperform rating on shares of HD Supply Holdings Inc. (NASDAQ:HDS) in a research note issued to investors on Thursday morning.

A number of other equities research analysts have also weighed in on the stock. RBC Capital Markets lowered shares of HD Supply Holdings from an outperform rating to a sector perform rating and dropped their price objective for the company from $43.00 to $35.00 in a report on Tuesday, September 20th. Royal Bank Of Canada lowered shares of HD Supply Holdings from an outperform rating to a sector perform rating and lowered their price target for the company from $43.00 to $35.00 in a report on Tuesday, September 20th. Bank of America Corp. reaffirmed a buy rating on shares of HD Supply Holdings in a report on Wednesday, September 14th. Morgan Stanley set a $35.00 price target on shares of HD Supply Holdings and gave the company a hold rating in a report on Thursday, September 8th. Finally, Zacks Investment Research lowered shares of HD Supply Holdings from a buy rating to a hold rating in a report on Thursday, September 8th. Six equities research analysts have rated the stock with a hold rating and fourteen have given a buy rating to the company’s stock. HD Supply Holdings presently has a consensus rating of Buy and an average target price of $37.60.

Shares of HD Supply Holdings (NASDAQ:HDS) traded down 0.43% during midday trading on Thursday, hitting $32.59. The stock had a trading volume of 1,221,924 shares. HD Supply Holdings has a 52-week low of $21.26 and a 52-week high of $36.99. The stock has a market cap of $6.55 billion, a PE ratio of 5.44 and a beta of 1.33. The firm has a 50 day moving average price of $33.25 and a 200-day moving average price of $34.17.

HD Supply Holdings (NASDAQ:HDS) last announced its quarterly earnings data on Wednesday, September 7th. The company reported $0.85 earnings per share for the quarter, missing analysts’ consensus estimates of $0.88 by $0.03. The company had revenue of $2 billion for the quarter, compared to analysts’ expectations of $2.03 billion. HD Supply Holdings had a net margin of 16.16% and a return on equity of 84.15%. HD Supply Holdings’s quarterly revenue was up 4.1% compared to the same quarter last year. During the same period last year, the firm earned $0.56 earnings per share. Equities analysts predict that HD Supply Holdings will post $2.55 EPS for the current fiscal year.

In related news, Chairman Joseph J. Deangelo acquired 32,100 shares of the stock in a transaction that occurred on Thursday, September 22nd. The stock was purchased at an average price of $31.07 per share, with a total value of $997,347.00. Following the transaction, the chairman now owns 242,782 shares of the company’s stock, valued at approximately $7,543,236.74. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. 0.98% of the stock is currently owned by insiders.

Several institutional investors have recently bought and sold shares of HDS. Toronto Dominion Bank boosted its position in HD Supply Holdings by 0.3% in the second quarter. Toronto Dominion Bank now owns 4,029 shares of the company’s stock worth $141,000 after buying an additional 11 shares during the last quarter. Montag & Caldwell LLC boosted its position in HD Supply Holdings by 0.3% in the second quarter. Montag & Caldwell LLC now owns 31,658 shares of the company’s stock worth $1,102,000 after buying an additional 100 shares during the last quarter. Babson Capital Management LLC boosted its position in HD Supply Holdings by 0.4% in the first quarter. Babson Capital Management LLC now owns 45,200 shares of the company’s stock worth $1,495,000 after buying an additional 200 shares during the last quarter. Brown Advisory Inc. boosted its position in HD Supply Holdings by 1.9% in the second quarter. Brown Advisory Inc. now owns 11,669 shares of the company’s stock worth $407,000 after buying an additional 222 shares during the last quarter. Finally, Concert Wealth Management Inc. boosted its position in HD Supply Holdings by 3.8% in the second quarter. Concert Wealth Management Inc. now owns 8,186 shares of the company’s stock worth $283,000 after buying an additional 298 shares during the last quarter. 96.64% of the stock is owned by hedge funds and other institutional investors.

HD Supply Holdings Company Profile

HD Supply Holdings, Inc is an industrial distributor in North America. The Company provides a range of products and value-add services to approximately 500,000 customers in maintenance, repair and operations, water infrastructure and residential and non-residential construction sectors. The Company operates in three segments: Facilities Maintenance, Waterworks, and Construction & Industrial-White Cap.

5 Day Chart for NASDAQ:HDS

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