Timucuan Asset Management Inc. FL Grows Holdings in HD Supply Holdings Inc (HDS)

Timucuan Asset Management Inc. FL boosted its holdings in shares of HD Supply Holdings Inc (NASDAQ:HDS) by 23.9% during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 2,267,150 shares of the industrial products company’s stock after buying an additional 437,733 shares during the quarter. HD Supply accounts for 6.0% of Timucuan Asset Management Inc. FL’s investment portfolio, making the stock its 6th largest position. Timucuan Asset Management Inc. FL’s holdings in HD Supply were worth $85,063,000 as of its most recent SEC filing.

A number of other institutional investors have also added to or reduced their stakes in HDS. Ledyard National Bank acquired a new stake in shares of HD Supply in the 4th quarter valued at $28,000. Penserra Capital Management LLC raised its holdings in shares of HD Supply by 58.4% in the 4th quarter. Penserra Capital Management LLC now owns 944 shares of the industrial products company’s stock valued at $35,000 after purchasing an additional 348 shares in the last quarter. Legacy Financial Advisors Inc. raised its holdings in shares of HD Supply by 46.3% in the 4th quarter. Legacy Financial Advisors Inc. now owns 977 shares of the industrial products company’s stock valued at $37,000 after purchasing an additional 309 shares in the last quarter. Taylor Hoffman Wealth Management acquired a new stake in shares of HD Supply in the 4th quarter valued at $37,000. Finally, Truewealth LLC raised its holdings in shares of HD Supply by 55.1% in the 4th quarter. Truewealth LLC now owns 1,273 shares of the industrial products company’s stock valued at $48,000 after purchasing an additional 452 shares in the last quarter. Institutional investors own 93.36% of the company’s stock.

A number of research analysts recently commented on HDS shares. BidaskClub downgraded shares of HD Supply from a “buy” rating to a “hold” rating in a research report on Wednesday. Zacks Investment Research downgraded shares of HD Supply from a “buy” rating to a “hold” rating in a research report on Wednesday, February 6th. Robert W. Baird raised shares of HD Supply from a “neutral” rating to an “outperform” rating and set a $39.96 target price on the stock in a research report on Friday, January 25th. Raymond James dropped their target price on shares of HD Supply from $48.00 to $45.00 and set an “outperform” rating on the stock in a research report on Thursday, December 6th. Finally, Buckingham Research started coverage on shares of HD Supply in a research report on Thursday, December 20th. They issued a “buy” rating and a $44.00 target price on the stock. Five investment analysts have rated the stock with a hold rating and eleven have issued a buy rating to the stock. HD Supply has a consensus rating of “Buy” and a consensus price target of $46.60.



HD Supply stock traded down $0.17 during midday trading on Friday, hitting $43.23. 25,459 shares of the company’s stock were exchanged, compared to its average volume of 1,573,245. HD Supply Holdings Inc has a 12-month low of $35.35 and a 12-month high of $46.29. The company has a debt-to-equity ratio of 1.18, a quick ratio of 1.11 and a current ratio of 2.05. The company has a market capitalization of $7.73 billion, a P/E ratio of 18.74, a PEG ratio of 0.85 and a beta of 1.25.

In other HD Supply news, Director Jana Partners Llc sold 588,300 shares of the firm’s stock in a transaction on Friday, January 4th. The shares were sold at an average price of $37.71, for a total transaction of $22,184,793.00. The sale was disclosed in a filing with the SEC, which is available through this hyperlink. Insiders have sold a total of 3,251,545 shares of company stock worth $123,065,335 over the last three months. 0.72% of the stock is currently owned by insiders.

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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, appliances, janitorial supplies, hardware, kitchen and bath cabinets, window coverings, textiles and guest amenities, healthcare maintenance, and water and wastewater treatment products, as well as heating, ventilating, and air conditioning products.

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Institutional Ownership by Quarter for HD Supply (NASDAQ:HDS)

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