Community Bank & Trust Waco Texas Sells 5,987 Shares of HD Supply Holdings Inc (HDS)

Community Bank & Trust Waco Texas cut its holdings in shares of HD Supply Holdings Inc (NASDAQ:HDS) by 20.9% during the fourth quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 22,671 shares of the industrial products company’s stock after selling 5,987 shares during the period. Community Bank & Trust Waco Texas’ holdings in HD Supply were worth $908,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. State of New Jersey Common Pension Fund D boosted its stake in HD Supply by 4.2% in the third quarter. State of New Jersey Common Pension Fund D now owns 1,875,000 shares of the industrial products company’s stock valued at $67,632,000 after acquiring an additional 75,000 shares in the last quarter. Davidson Kempner Capital Management LP acquired a new stake in shares of HD Supply during the third quarter worth $12,625,000. BlackRock Inc. lifted its stake in shares of HD Supply by 20.6% during the second quarter. BlackRock Inc. now owns 9,886,158 shares of the industrial products company’s stock worth $302,814,000 after buying an additional 1,688,213 shares during the period. Cannell Peter B & Co. Inc. lifted its stake in shares of HD Supply by 0.8% during the third quarter. Cannell Peter B & Co. Inc. now owns 1,898,195 shares of the industrial products company’s stock worth $68,468,000 after buying an additional 14,645 shares during the period. Finally, Achmea Investment Management B.V. acquired a new stake in shares of HD Supply during the second quarter worth $324,000.

Shares of HD Supply Holdings Inc (NASDAQ HDS) traded down $0.78 during trading on Wednesday, hitting $38.45. 2,122,400 shares of the company traded hands, compared to its average volume of 2,688,760. The company has a current ratio of 2.80, a quick ratio of 1.80 and a debt-to-equity ratio of 1.40. HD Supply Holdings Inc has a 12-month low of $28.97 and a 12-month high of $44.73. The stock has a market capitalization of $7,010.00, a PE ratio of 32.04, a PEG ratio of 0.86 and a beta of 1.40.

HD Supply (NASDAQ:HDS) last issued its earnings results on Tuesday, December 5th. The industrial products company reported $0.80 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $0.75 by $0.05. HD Supply had a net margin of 16.55% and a return on equity of 41.89%. The firm had revenue of $1.37 billion during the quarter, compared to analysts’ expectations of $1.34 billion. During the same quarter last year, the company posted $0.83 earnings per share. The firm’s revenue was up 7.5% compared to the same quarter last year. analysts predict that HD Supply Holdings Inc will post 2.27 earnings per share for the current fiscal year.

Several equities research analysts have recently commented on HDS shares. BidaskClub upgraded shares of HD Supply from a “hold” rating to a “buy” rating in a research note on Thursday, September 28th. Zacks Investment Research downgraded shares of HD Supply from a “buy” rating to a “hold” rating in a research note on Friday, December 8th. SunTrust Banks reiterated a “hold” rating and set a $35.00 price objective on shares of HD Supply in a research note on Friday, November 10th. Robert W. Baird reiterated a “hold” rating and set a $38.00 price objective on shares of HD Supply in a research note on Monday, October 9th. Finally, Royal Bank of Canada downgraded shares of HD Supply from an “outperform” rating to a “sector perform” rating in a research note on Wednesday, January 3rd. One investment analyst has rated the stock with a sell rating, thirteen have assigned a hold rating and four have issued a buy rating to the stock. HD Supply has a consensus rating of “Hold” and a consensus target price of $38.85.

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HD Supply Company Profile

HD Supply Holdings, Inc is an industrial distributor in North America. The Company’s segments include Facilities Maintenance, Construction & Industrial-White Cap, and Corporate. As of January 29, 2017, the Company operated through approximately 500 locations across 48 states in the United States and six Canadian provinces.

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

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