Quantitative Systematic Strategies LLC lowered its position in shares of HD Supply Holdings Inc (NASDAQ:HDS) by 37.1% during the first quarter, HoldingsChannel.com reports. The firm owned 47,308 shares of the industrial products company’s stock after selling 27,875 shares during the period. Quantitative Systematic Strategies LLC’s holdings in HD Supply were worth $2,051,000 as of its most recent SEC filing.
Several other institutional investors and hedge funds have also recently bought and sold shares of the company. Ledyard National Bank bought a new stake in shares of HD Supply in the fourth quarter worth $28,000. Penserra Capital Management LLC increased its stake in shares of HD Supply by 58.4% in the fourth quarter. Penserra Capital Management LLC now owns 944 shares of the industrial products company’s stock worth $35,000 after buying an additional 348 shares during the last quarter. Legacy Financial Advisors Inc. increased its stake in shares of HD Supply by 46.3% in the fourth quarter. Legacy Financial Advisors Inc. now owns 977 shares of the industrial products company’s stock worth $37,000 after buying an additional 309 shares during the last quarter. Taylor Hoffman Wealth Management bought a new stake in shares of HD Supply in the fourth quarter worth $37,000. Finally, Truewealth LLC increased its stake in shares of HD Supply by 55.1% in the fourth quarter. Truewealth LLC now owns 1,273 shares of the industrial products company’s stock worth $48,000 after buying an additional 452 shares during the last quarter. Institutional investors own 98.48% of the company’s stock.
In other news, CFO Evan Levitt sold 1,500 shares of the business’s stock in a transaction on Thursday, April 11th. The shares were sold at an average price of $44.70, for a total transaction of $67,050.00. Following the completion of the transaction, the chief financial officer now owns 35,961 shares of the company’s stock, valued at $1,607,456.70. The sale was disclosed in a filing with the SEC, which is accessible through this hyperlink. Insiders own 0.89% of the company’s stock.
HD Supply stock traded down $0.48 during mid-day trading on Monday, reaching $44.20. The company’s stock had a trading volume of 847,381 shares, compared to its average volume of 1,560,218. The company has a market cap of $7.63 billion, a PE ratio of 13.00, a P/E/G ratio of 0.80 and a beta of 1.25. The company has a debt-to-equity ratio of 1.66, a current ratio of 2.13 and a quick ratio of 1.10. HD Supply Holdings Inc has a twelve month low of $35.35 and a twelve month high of $46.29.
HD Supply (NASDAQ:HDS) last released its quarterly earnings data on Monday, March 18th. The industrial products company reported $0.70 EPS for the quarter, topping analysts’ consensus estimates of $0.67 by $0.03. The firm had revenue of $1.45 billion during the quarter, compared to the consensus estimate of $1.42 billion. HD Supply had a net margin of 6.52% and a return on equity of 41.40%. The firm’s revenue was up 22.2% on a year-over-year basis. During the same quarter in the previous year, the company posted $0.49 earnings per share. Equities research analysts anticipate that HD Supply Holdings Inc will post 3.69 earnings per share for the current year.
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HD Supply Company Profile
HD Supply Holdings, Inc operates as an industrial distributor in North America. It operates through two segments, Facilities Maintenance, and Construction & Industrial. The Facilities Maintenance segment offers electrical and lighting items, plumbing supplies, appliances, janitorial supplies, hardware products, kitchen and bath cabinets, window coverings, textiles and guest amenities, healthcare maintenance products, and water and wastewater treatment products, as well as heating, ventilating, and air conditioning products.
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