First Eagle Investment Management LLC decreased its position in shares of HD Supply Holdings Inc. (NASDAQ:HDS) by 19.7% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 648,900 shares of the company’s stock after selling 158,855 shares during the period. First Eagle Investment Management LLC owned approximately 0.32% of HD Supply Holdings worth $20,752,000 at the end of the most recent quarter.

Several other large investors have also made changes to their positions in 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 valued at $141,000 after buying an additional 11 shares during the period. 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 valued at $1,102,000 after buying an additional 100 shares during the period. 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 valued at $1,495,000 after buying an additional 200 shares during the period. 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 valued at $407,000 after buying an additional 222 shares during the period. 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 valued at $283,000 after buying an additional 298 shares during the period. 98.50% of the stock is owned by institutional investors and hedge funds.

Institutional Ownership by Quarter for HD Supply Holdings (NASDAQ:HDS)

Shares of HD Supply Holdings Inc. (NASDAQ:HDS) traded down 0.608% during midday trading on Tuesday, hitting $38.425. 594,856 shares of the company traded hands. The stock’s 50-day moving average is $34.49 and its 200 day moving average is $34.45. HD Supply Holdings Inc. has a 12-month low of $21.26 and a 12-month high of $39.68. The stock has a market capitalization of $7.72 billion, a P/E ratio of 6.419 and a beta of 1.29.

HD Supply Holdings (NASDAQ:HDS) last posted its quarterly earnings data on Wednesday, September 7th. The company reported $0.85 earnings per share for the quarter, missing the consensus estimate of $0.88 by $0.03. The company earned $2 billion during the quarter, compared to analyst estimates of $2.03 billion. HD Supply Holdings had a net margin of 16.16% and a return on equity of 84.15%. The company’s revenue was up 4.1% compared to the same quarter last year. During the same quarter in the previous year, the business posted $0.56 EPS. On average, analysts expect that HD Supply Holdings Inc. will post $2.56 earnings per share for the current year.

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HDS has been the subject of several recent analyst reports. Zacks Investment Research cut shares of HD Supply Holdings from a “buy” rating to a “hold” rating in a research report on Thursday, November 17th. Wells Fargo & Co. restated a “buy” rating on shares of HD Supply Holdings in a research report on Sunday, September 4th. Morgan Stanley set a $35.00 target price on shares of HD Supply Holdings and gave the stock a “hold” rating in a research report on Thursday, September 8th. JPMorgan Chase & Co. decreased their price objective on shares of HD Supply Holdings from $35.00 to $33.00 and set a “neutral” rating for the company in a report on Thursday, September 8th. Finally, SunTrust Banks Inc. decreased their price objective on shares of HD Supply Holdings from $42.00 to $38.00 and set a “buy” rating for the company in a report on Thursday, September 8th. Six equities research analysts have rated the stock with a hold rating and thirteen have given a buy rating to the company’s stock. HD Supply Holdings currently has an average rating of “Buy” and a consensus target price of $38.14.

In other HD Supply Holdings news, Chairman Joseph J. Deangelo purchased 32,100 shares of the stock in a transaction dated Thursday, September 22nd. The stock was bought at an average price of $31.07 per share, for a total transaction of $997,347.00. Following the transaction, the chairman now directly owns 242,782 shares in the company, valued at $7,543,236.74. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link. 0.98% of the stock is currently owned by company insiders.

About HD Supply Holdings

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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