The HD Supply Holdings Inc (HDS) Downgraded by ValuEngine to "Hold"

Gladys Abbott
June 12, 2017

More notable recent HD Supply Holdings Inc (NASDAQ:HDS) news were published by: Benzinga.com which released: "HD Supply Plummets 17% Following Q1 Earnings" on June 06, 2017, also Benzinga.com with their article: "Very Different Expectations For HD Supply And Navistar Earnings" published on June 05, 2017, Nasdaq.com published: "Mid-Afternoon Market Update: Crude Oil Up 1%; HD Supply Holdings Shares Plummet" on June 06, 2017. Deutsche Bank AG now has $33.00 price objective on the industrial products company's stock.

HDS has a 1-year high price of $ 44.73 and 1-year low price of $30.05. Finally, Zurcher Kantonalbank Zurich Cantonalbank increased its position in shares of HD Supply Holdings by 14.5% in the third quarter. Bluemountain Capital Management Llc holds 0.05% or 60,769 shares. Cypress Semiconductor Corporation (NASDAQ:CY) earnings have risen with a quarterly rate of 14.1% over the last 5 years. 8,839,431 shares of the company were exchanged.

12/18/2015 - KeyBanc began new coverage on HD Supply Holdings, Inc. giving the company a " rating. Credit Suisse Group reissued a buy rating on shares of HD Supply Holdings in a report on Thursday, March 16th. AT Bancorp increased its position in shares of HD Supply Holdings by 1.9% in the first quarter. This recommendation lands on a scale between 1 and 5. TIAA CREF Investment Management LLC owned approximately 0.95% of HD Supply Holdings worth $78,917,000 as of its most recent SEC filing. Bronfman E.L. Rothschild L.P. now owns 2,993 shares of the industrial products company's stock worth $123,000 after buying an additional 49 shares during the period. Institutional investors own 96.17% of the company's stock.

News articles about HD Supply Holdings (NASDAQ:HDS) have been trending somewhat positive this week, Alpha One Sentiment Analysis reports. (NASDAQ:HDS) has a market cap of $6.54 billion and over the last 12 months, HDS has gone weaker by -13.17%. HD Supply Holdings has a 12 month low of $30.05 and a 12 month high of $44.73. The stock's 50 day moving average price is $39.67 and its 200 day moving average price is $41.19. Currently HD Supply Holdings, Inc.

Now the P/E of HD Supply Holdings, Inc. stands at 21.05. The business had revenue of $1.87 billion for the quarter, compared to analyst estimates of $1.86 billion. During the same period in the previous year, the firm earned $0.51 earnings per share.

Shares of HD Supply Holdings, Inc.

Pro-Trader Daily takes a look at the recentcorporate events and news making the headlines for HD Supply Holdings, Inc. If you are reading this story on another site, it was stolen and republished in violation of United States and global copyright and trademark legislation. The stock showed weekly upbeat performance of 15.05%, which was maintained for the month at 2.39%.

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A number of equities research analysts recently commented on the company. Jpmorgan Chase & Company holds 0.05% of its portfolio in HD Supply Holdings Inc (NASDAQ:HDS) for 5.15 million shares.

Morgan Stanley has lowered their rating for HD Supply Holdings (NASDAQ:HDS) shares to a "Hold" in analysts note that was made public on 7 June. Robert W. Baird lowered HD Supply Holdings from an "outperform" rating to a "neutral" rating and cut their price target for the stock from $47.00 to $37.00 in a research report on Wednesday.

When it comes to the Analysis of a Stock, Price Target plays a vital role. Eight investment analysts have rated the stock with a hold rating, nine have assigned a buy rating and one has assigned a strong buy rating to the stock. No trade can occur until someone is willing to sell a stock at a price that another is willing to buy it at. Driehaus Mgmt Limited Liability Company has invested 0.05% of its portfolio in HD Supply Holdings Inc (NASDAQ:HDS). As of January 29, 2017, its range of product lines and services included approximately 845,000 stock-keeping units (SKUs) of products, brands, as well as value-add services supporting the entire life-cycle of a project from infrastructure and construction to maintenance, fix and operations.

Since the beginning of the calendar year, the stock is -25.88%. Also, SVP Margaret Newman sold 9,160 shares of HD Supply Holdings stock in a transaction on Monday, March 13th.

Stock exchanges work according to the invisible hand of supply and demand, which determines the price where stocks are bought and sold. The disclosure for this sale can be found here. Insiders have sold a total of 1,326,614 shares of company stock worth $54,106,212 over the last quarter. The stock rose 1.53% or $1.44 reaching $95.58 per share.

Ironbridge Capital Mngmt Lp has invested 0.19% in HD Supply Holdings Inc (NASDAQ:HDS). The Company's segments include Facilities Maintenance, Waterworks, Construction & Industrial-White Cap, and Corporate.

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