The stock of HD Supply Holdings Inc (NASDAQ:HDS) is a huge mover today! About 997,052 shares traded hands. HD Supply Holdings Inc (NASDAQ:HDS) has risen 9.97% since March 3, 2016 and is uptrending. It has outperformed by 1.62% the S&P500.
The move comes after 6 months positive chart setup for the $6.53B company. It was reported on Oct, 6 by Barchart.com. We have $52.83 PT which if reached, will make NASDAQ:HDS worth $4.11B more.
HD Supply Holdings Inc (NASDAQ:HDS) Ratings Coverage
Out of 9 analysts covering HD Supply Holdings (NASDAQ:HDS), 7 rate it a “Buy”, 0 “Sell”, while 2 “Hold”. This means 78% are positive. HD Supply Holdings has been the topic of 23 analyst reports since July 30, 2015 according to StockzIntelligence Inc. The rating was initiated by KeyBanc Capital Markets with “Overweight” on Friday, December 18. The rating was upgraded by RBC Capital Markets to “Outperform” on Thursday, July 30. RBC Capital Markets maintained HD Supply Holdings Inc (NASDAQ:HDS) on Thursday, September 10 with “Outperform” rating. The firm has “Buy” rating given on Tuesday, March 22 by Sterne Agee CRT. Credit Suisse initiated the shares of HDS in a report on Tuesday, September 15 with “Outperform” rating. Susquehanna maintained HD Supply Holdings Inc (NASDAQ:HDS) rating on Wednesday, December 9. Susquehanna has “Positive” rating and $34 price target. On Thursday, October 15 the stock rating was initiated by Goldman Sachs with “Buy”. The stock of HD Supply Holdings Inc (NASDAQ:HDS) has “Outperform” rating given on Wednesday, December 9 by RBC Capital Markets. The firm earned “Positive” rating on Tuesday, November 17 by Susquehanna. The firm has “Sector Perform” rating by RBC Capital Markets given on Tuesday, September 20.
According to Zacks Investment Research, “HD Supply Holdings, Inc. is engaged in industrial distribution primarily in North America. It operates in four segments: Facilities Maintenance, Waterworks, Power Solutions and White Cap. Facilities Maintenance distributes maintenance, repair and operations products, provides value-add services and fabricates custom products to multifamily, hospitality, healthcare and institutional facilities. Waterworks distributes complete lines of water and wastewater transmission products, serving contractors and municipalities. Power Solutions distributes electrical transmission and distribution products, power plant MRO supplies and smart-grid products, arranges materials management and procurement outsourcing for the power generation and distribution industries. White Cap distributes specialized hardware, tools, engineered materials and safety products to non-residential and residential contractors. HD Supply Holdings, Inc. is based in Atlanta, Georgia.”
Insitutional Activity: The institutional sentiment increased to 1.21 in 2016 Q2. Its up 0.13, from 1.08 in 2016Q1. The ratio increased, as 30 funds sold all HD Supply Holdings Inc shares owned while 111 reduced positions. 51 funds bought stakes while 120 increased positions. They now own 183.08 million shares or 1.43% less from 185.74 million shares in 2016Q1.
Mountain Pacific Investment Advisers Id last reported 1.18% of its portfolio in the stock. Moreover, Goldman Sachs Grp Incorporated has 0.02% invested in HD Supply Holdings Inc (NASDAQ:HDS) for 1.76 million shares. Driehaus Cap Mngmt Limited Company last reported 0.02% of its portfolio in the stock. Aqr Capital Management Ltd Liability holds 0.06% of its portfolio in HD Supply Holdings Inc (NASDAQ:HDS) for 1.00M shares. Amalgamated National Bank accumulated 0.07% or 32,125 shares. Cipher Capital L P holds 0.03% or 12,501 shares in its portfolio. Pacad Inv Limited holds 0.17% or 35,979 shares in its portfolio. Stifel Corporation holds 103,389 shares or 0.02% of its portfolio. Willingdon Wealth Mgmt accumulated 51,038 shares or 0.91% of the stock. Usca Ria Limited Co, a Texas-based fund reported 6,000 shares. One Trading Limited Partnership last reported 510 shares in the company. Paloma Prns Mgmt has 22,202 shares for 0.01% of their US portfolio. American Century Companies has 0.22% invested in the company for 5.54M shares. California Public Employees Retirement System last reported 0.02% of its portfolio in the stock. Moreover, Raymond James & Associates has 0.01% invested in HD Supply Holdings Inc (NASDAQ:HDS) for 98,711 shares.
More important recent HD Supply Holdings Inc (NASDAQ:HDS) news were published by: Prnewswire.com which released: “Industrial Equipment Wholesale Stocks Technical Reports — HD Supply, WESCO …” on October 06, 2016, also Fool.com published article titled: “Why HD Supply Holdings Inc.’s Shares Plunged 17% Today”, Finance.Yahoo.com published: “HD Supply Holdings, Inc. Announces Pricing of Incremental Term Loan and …” on September 19, 2016. More interesting news about HD Supply Holdings Inc (NASDAQ:HDS) was released by: Nasdaq.com and their article: “Earnings Reaction History: HD Supply Holdings, Inc., 58.3% Follow-Through …” with publication date: September 07, 2016.
HDS Company Profile
HD Supply Holdings, Inc., incorporated on June 18, 2007, is an industrial distributor in North America. The Firm provides a range of products and value-add services to approximately 500,000 clients in maintenance, repair and operations, water infrastructure and residential and non-residential construction sectors. The Firm operates in three divisions: Facilities Maintenance, Waterworks, and Construction & Industrial-White Cap. Facilities Maintenance distributes MRO products, provides value-add services and fabricates custom products. Waterworks distributes lines of water and wastewater transmission products, serving contractors and municipalities in the water and wastewater industries for non-residential and residential uses. Construction & Industrial-White Cap distributes specialized hardware, tools, engineered materials and safety products to non-residential and residential contractors.
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