Analysts at RBC Capital Markets Reiterated their Past ‘Outperform’ rating on Shares HD Supply Holdings (NDAQ:HDS), Set a $41.00 Price Objective





August 30, 2017 – By Dolores Ford







Investors sentiment increased to 1.13 in 2016 Q4. Its up 0.26, from 0.87 in 2016Q3. It improved, as 33 investors sold HD Supply Holdings Inc shares while 124 reduced holdings. 88 funds opened positions while 89 raised stakes. 192.63 million shares or 0.75% more from 191.20 million shares in 2016Q3 were reported.

Price T Rowe Assoc Md reported 84,624 shares stake. 14.50 million were reported by Jana Ptnrs Ltd Llc. Renaissance Techs Lc accumulated 711,700 shares. Natixis holds 0.2% or 454,700 shares. Nuveen Asset Management Ltd reported 0.1% stake. Rail holds 5.06% or 160,128 shares in its portfolio. Pitcairn holds 0.05% or 9,102 shares. 5,087 are owned by Suntrust Banks. 2,750 were reported by Nomura Asset Ltd. Boothbay Fund Management Ltd Com accumulated 7,200 shares. Dimensional Fund Advisors Lp, Texas-based fund reported 654,197 shares. Pinnacle Limited has invested 0.02% in HD Supply Holdings Inc (NASDAQ:HDS). Delphi Mngmt Ma stated it has 61,680 shares or 1.53% of all its holdings. Barclays Plc has invested 0.02% in HD Supply Holdings Inc (NASDAQ:HDS). Kbc Group Inc Nv owns 86,430 shares.

HD Supply Holdings (NDAQ:HDS) Rating Reaffirmed

In a research report revealed on 30 August, The Outperform rating of HD Supply Holdings (NDAQ:HDS) shares was restate by Analysts at RBC Capital Markets, who now has a $41.00 price target on the stock. RBC Capital Markets’s price target would suggest a possible upside of 27.53 % from the previous stock close of the company.

Investors sentiment increased to 1.13 in 2016 Q4. Its up 0.26, from 0.87 in 2016Q3. It improved, as 33 investors sold HD Supply Holdings Inc shares while 124 reduced holdings. 88 funds opened positions while 89 raised stakes. 192.63 million shares or 0.75% more from 191.20 million shares in 2016Q3 were reported.

Price T Rowe Assoc Md reported 84,624 shares stake. 14.50 million were reported by Jana Ptnrs Ltd Llc. Renaissance Techs Lc accumulated 711,700 shares. Natixis holds 0.2% or 454,700 shares. Nuveen Asset Management Ltd reported 0.1% stake. Rail holds 5.06% or 160,128 shares in its portfolio. Pitcairn holds 0.05% or 9,102 shares. 5,087 are owned by Suntrust Banks. 2,750 were reported by Nomura Asset Ltd. Boothbay Fund Management Ltd Com accumulated 7,200 shares. Dimensional Fund Advisors Lp, Texas-based fund reported 654,197 shares. Pinnacle Limited has invested 0.02% in HD Supply Holdings Inc (NASDAQ:HDS). Delphi Mngmt Ma stated it has 61,680 shares or 1.53% of all its holdings. Barclays Plc has invested 0.02% in HD Supply Holdings Inc (NASDAQ:HDS). Kbc Group Inc Nv owns 86,430 shares.

HD Supply Holdings Inc (NASDAQ:HDS) Ratings Coverage

Among 7 analysts covering HD Supply Holdings (NDAQ:HDS), 3 have Buy rating, 0 Sell and 4 Hold. Therefore 43% are positive. HD Supply Holdings has $53 highest and $33 lowest target. $40.60’s average target is 26.28% above currents $32.15 stock price. HD Supply Holdings had 7 analyst reports since April 12, 2017 according to SRatingsIntel. Robert W. Baird downgraded the stock to “Neutral” rating in Wednesday, June 7 report. Raymond James upgraded it to “Outperform” rating and $44 target in Monday, April 24 report. The rating was maintained by RBC Capital Markets with “Buy” on Wednesday, April 12. Susquehanna downgraded the shares of HDS in report on Wednesday, June 14 to “Neutral” rating. The stock of HD Supply Holdings Inc (NASDAQ:HDS) has “Hold” rating given on Friday, June 9 by Deutsche Bank. The company was upgraded on Friday, July 14 by JP Morgan. Drexel Hamilton downgraded the stock to “Hold” rating in Wednesday, June 7 report.

The stock increased 2.10% or $0.66 during the last trading session, reaching $32.15. About shares traded. HD Supply Holdings Inc (NDAQ:HDS) has risen 25.80% since August 30, 2016 and is uptrending. It has outperformed by 9.10% the S&P500.

Analysts await HD Supply Holdings Inc (NASDAQ:HDS) to report earnings on September, 6. They expect $0.64 earnings per share, down 24.71 % or $0.21 from last year’s $0.85 per share. HDS’s profit will be $129.79 million for 12.56 P/E if the $0.64 EPS becomes a reality. After $0.63 actual earnings per share reported by HD Supply Holdings Inc for the previous quarter, Wall Street now forecasts 1.59 % EPS growth.

HD Supply Holdings, Inc. is an industrial distributor in North America. The company has market cap of $6.52 billion. The Company’s divisions include Facilities Maintenance, Construction & Industrial-White Cap, and Corporate. It has a 21.47 P/E ratio. As of January 29, 2017, the Company operated through approximately 500 locations across 48 states in the United States and six Canadian provinces.

More notable recent HD Supply Holdings Inc (NASDAQ:HDS) news were published by: Nasdaq.com which released: “HD Supply, Inc. Announces the Successful Completion of the Consent …” on August 25, 2017, also Globenewswire.com with their article: “HD Supply Holdings, Inc. Announces Authorization for Additional Share Repurchases” published on August 29, 2017, Globenewswire.com published: “SHAREHOLDER ALERT: Levi & Korsinsky, LLP Notifies Shareholders of HD Supply …” on August 03, 2017. More interesting news about HD Supply Holdings Inc (NASDAQ:HDS) were released by: Prnewswire.com and their article: “Harwood Feffer LLP Announces Investigation of HD Supply Holdings, Inc.” published on August 14, 2017 as well as Nasdaq.com‘s news article titled: “HD Supply Holdings, Inc. Announces Fiscal 2017 Second-Quarter Earnings Release …” with publication date: August 01, 2017.

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