HD Supply Holdings Inc (NASDAQ:HDS) Director Acquires $3,982,063.20 in Stock

HD Supply Holdings Inc (NASDAQ:HDS) Director Lauren Taylor Wolfe acquired 142,420 shares of the firm’s stock in a transaction on Thursday, March 19th. The shares were acquired at an average price of $27.96 per share, with a total value of $3,982,063.20. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink.

Lauren Taylor Wolfe also recently made the following trade(s):

  • On Monday, March 23rd, Lauren Taylor Wolfe bought 41,129 shares of HD Supply stock. The stock was purchased at an average price of $23.59 per share, with a total value of $970,233.11.

HDS opened at $28.22 on Thursday. The stock has a market capitalization of $3.96 billion, a PE ratio of 10.45, a P/E/G ratio of 0.43 and a beta of 1.09. The firm’s fifty day moving average price is $36.78 and its 200 day moving average price is $39.10. The company has a debt-to-equity ratio of 1.79, a current ratio of 2.04 and a quick ratio of 1.10. HD Supply Holdings Inc has a 12-month low of $21.69 and a 12-month high of $47.13.

HD Supply (NASDAQ:HDS) last posted its quarterly earnings results on Tuesday, March 17th. The industrial products company reported $0.64 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.56 by $0.08. The firm had revenue of $1.39 billion for the quarter, compared to analysts’ expectations of $1.38 billion. HD Supply had a net margin of 7.35% and a return on equity of 43.45%. The firm’s quarterly revenue was down 4.2% on a year-over-year basis. During the same period in the prior year, the company posted $0.70 earnings per share. On average, equities research analysts forecast that HD Supply Holdings Inc will post 2.86 earnings per share for the current fiscal year.

Several brokerages have recently weighed in on HDS. ValuEngine upgraded shares of HD Supply from a “sell” rating to a “hold” rating in a research note on Tuesday, December 3rd. Royal Bank of Canada decreased their target price on shares of HD Supply from $37.00 to $30.00 and set a “sector perform” rating for the company in a research note on Wednesday, March 18th. Raymond James decreased their target price on shares of HD Supply from $45.00 to $38.00 and set an “outperform” rating for the company in a research note on Monday, March 16th. BidaskClub downgraded shares of HD Supply from a “hold” rating to a “sell” rating in a research note on Thursday, March 19th. Finally, Wells Fargo & Co decreased their target price on shares of HD Supply from $48.00 to $42.00 and set an “overweight” rating for the company in a research note on Thursday, March 12th. Two analysts have rated the stock with a sell rating, seven have given a hold rating and six have given a buy rating to the company’s stock. The stock has an average rating of “Hold” and an average target price of $42.64.

Institutional investors and hedge funds have recently bought and sold shares of the stock. Huntington National Bank acquired a new stake in HD Supply in the fourth quarter valued at $29,000. FIL Ltd acquired a new stake in shares of HD Supply during the fourth quarter worth $30,000. Citizens Financial Group Inc RI acquired a new stake in shares of HD Supply during the fourth quarter worth $37,000. SRS Capital Advisors Inc. acquired a new stake in shares of HD Supply during the fourth quarter worth $38,000. Finally, Nisa Investment Advisors LLC acquired a new stake in shares of HD Supply during the fourth quarter worth $80,000. 97.15% of the stock is currently owned by hedge funds and other institutional investors.

About HD Supply

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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