HDS has been the topic of several other research reports. Royal Bank of Canada lowered HD Supply from an outperform rating to a sector perform rating in a report on Wednesday, January 3rd. BidaskClub lowered HD Supply from a buy rating to a hold rating in a report on Friday, January 5th. ValuEngine upgraded HD Supply from a hold rating to a buy rating in a report on Tuesday, December 5th. SunTrust Banks upgraded HD Supply from a hold rating to a buy rating and increased their price target for the stock from $38.01 to $48.00 in a report on Thursday, March 15th. Finally, Zacks Investment Research upgraded HD Supply from a hold rating to a buy rating and set a $43.00 price target on the stock in a report on Thursday, December 7th. Twelve research analysts have rated the stock with a hold rating and seven have issued a buy rating to the company’s stock. The stock currently has an average rating of Hold and a consensus target price of $39.71.
Shares of HDS stock opened at $36.95 on Wednesday. HD Supply has a one year low of $28.97 and a one year high of $42.25. The company has a market capitalization of $7,046.43, a P/E ratio of 7.38, a P/E/G ratio of 0.77 and a beta of 1.31. The company has a debt-to-equity ratio of 1.43, a quick ratio of 1.93 and a current ratio of 3.02.
Several hedge funds have recently bought and sold shares of HDS. Cerebellum GP LLC bought a new position in shares of HD Supply in the fourth quarter valued at approximately $132,000. Bessemer Group Inc. lifted its holdings in shares of HD Supply by 849.5% in the fourth quarter. Bessemer Group Inc. now owns 3,475 shares of the industrial products company’s stock valued at $139,000 after purchasing an additional 3,109 shares in the last quarter. American International Group Inc. bought a new position in shares of HD Supply in the fourth quarter valued at approximately $177,000. Cadence Capital Management LLC bought a new position in shares of HD Supply in the fourth quarter valued at approximately $215,000. Finally, Fuller & Thaler Asset Management Inc. bought a new position in shares of HD Supply in the fourth quarter valued at approximately $228,000. Institutional investors own 96.96% of the company’s stock.
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About HD Supply
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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