HD Supply Holdings Inc’s Trend Up, Especially After This Options Activity

 HD Supply Holdings Inc's Trend Up, Especially After This Options Activity

In today’s session HD Supply Holdings Inc (HDS) registered an unusually high (500) contracts volume of call trades. Someone, most probably a professional was a very active buyer of the November, 2016 call, expecting serious HDS increase. With 500 contracts traded and 6774 open interest for the Nov, 16 contract, it seems this is a quite bullish bet. The option with symbol: HDS161118C00032500 closed last at: $0.7 or 30% down. About 1.11M shares traded hands. HD Supply Holdings Inc (NASDAQ:HDS) has declined 3.24% since April 5, 2016 and is downtrending. It has underperformed by 5.20% the S&P500.

HD Supply Holdings Inc (NASDAQ:HDS) Ratings Coverage

Out of 9 analysts covering HD Supply Holdings (NASDAQ:HDS), 7 rate it a “Buy”, 0 “Sell”, while 2 “Hold”. This means 78% are positive. HD Supply Holdings has been the topic of 24 analyst reports since July 30, 2015 according to StockzIntelligence Inc. Longbow initiated the stock with “Buy” rating in Thursday, June 2 report. The stock of HD Supply Holdings Inc (NASDAQ:HDS) earned “Outperform” rating by RBC Capital Markets on Thursday, September 8. On Wednesday, December 9 the stock rating was maintained by RBC Capital Markets with “Outperform”. The company was initiated on Tuesday, September 15 by Credit Suisse. The stock of HD Supply Holdings Inc (NASDAQ:HDS) earned “Overweight” rating by Barclays Capital on Monday, October 5. As per Friday, June 17, the company rating was reinitiated by Credit Suisse. As per Tuesday, March 22, the company rating was initiated by Sterne Agee CRT. The stock of HD Supply Holdings Inc (NASDAQ:HDS) earned “Outperform” rating by RBC Capital Markets on Thursday, September 10. Susquehanna upgraded HD Supply Holdings Inc (NASDAQ:HDS) rating on Tuesday, November 17. Susquehanna has “Positive” rating and $35 price target. The rating was downgraded by RBC Capital Markets on Tuesday, September 20 to “Sector Perform”.

According to Zacks Investment Research, “HD Supply Holdings, Inc. is engaged in industrial distribution primarily in North America. It operates in four segments: Facilities Maintenance, Waterworks, Power Solutions and White Cap. Facilities Maintenance distributes maintenance, repair and operations products, provides value-add services and fabricates custom products to multifamily, hospitality, healthcare and institutional facilities. Waterworks distributes complete lines of water and wastewater transmission products, serving contractors and municipalities. Power Solutions distributes electrical transmission and distribution products, power plant MRO supplies and smart-grid products, arranges materials management and procurement outsourcing for the power generation and distribution industries. White Cap distributes specialized hardware, tools, engineered materials and safety products to non-residential and residential contractors. HD Supply Holdings, Inc. is based in Atlanta, Georgia.”

Insitutional Activity: The institutional sentiment increased to 1.21 in 2016 Q2. Its up 0.13, from 1.08 in 2016Q1. The ratio increased, as 30 funds sold all HD Supply Holdings Inc shares owned while 111 reduced positions. 51 funds bought stakes while 120 increased positions. They now own 183.08 million shares or 1.43% less from 185.74 million shares in 2016Q1.
Credit Agricole S A holds 102,999 shares or 0.01% of its portfolio. Anchor Bolt L P has 1.02% invested in the company for 838,960 shares. Bogle Investment Mgmt L P De holds 0.07% or 30,400 shares in its portfolio. Three Corner Global Invsts Lp holds 565,500 shares or 6.76% of its portfolio. Franklin Res holds 0.07% of its portfolio in HD Supply Holdings Inc (NASDAQ:HDS) for 3.72M shares. Ngam Advisors L P has 0.05% invested in the company for 100,839 shares. Morgan Stanley accumulated 0.01% or 693,614 shares. Allianz Asset Mgmt Ag holds 526,844 shares or 0.01% of its portfolio. Moreover, Analytic Invsts Ltd has 0.14% invested in HD Supply Holdings Inc (NASDAQ:HDS) for 349,896 shares. Capstone Invest Advsr Limited Com holds 0.01% or 19,000 shares in its portfolio. Schwab Charles Invest Mngmt holds 0.02% or 509,488 shares in its portfolio. The New York-based Pinnacle Limited has invested 0.01% in HD Supply Holdings Inc (NASDAQ:HDS). Longbow Prns L P owns 14,523 shares or 11.27% of their US portfolio. Amalgamated Bank accumulated 32,125 shares or 0.07% of the stock. The Massachusetts-based Frontier Limited Liability Co has invested 0.81% in HD Supply Holdings Inc (NASDAQ:HDS).

HD Supply Holdings, Inc. is an industrial distributor in North America. The company has a market cap of $6.80 billion. The Firm provides a range of products and value-add services to approximately 500,000 clients in maintenance, repair and operations, water infrastructure and residential and non-residential construction sectors. It has a 6.14 P/E ratio. The Firm operates in three divisions: Facilities Maintenance, Waterworks, and Construction & Industrial-White Cap.

HDS Company Profile

HD Supply Holdings, Inc., incorporated on June 18, 2007, is an industrial distributor in North America. The Firm provides a range of products and value-add services to approximately 500,000 clients in maintenance, repair and operations, water infrastructure and residential and non-residential construction sectors. The Firm operates in three divisions: Facilities Maintenance, Waterworks, and Construction & Industrial-White Cap. Facilities Maintenance distributes MRO products, provides value-add services and fabricates custom products. Waterworks distributes lines of water and wastewater transmission products, serving contractors and municipalities in the water and wastewater industries for non-residential and residential uses. Construction & Industrial-White Cap distributes specialized hardware, tools, engineered materials and safety products to non-residential and residential contractors.

More recent HD Supply Holdings Inc (NASDAQ:HDS) news were published by: Barrons.com which released: “Jana Partners Weighs HD Supply Holdings” on November 05, 2016. Also Reuters.com published the news titled: “CORRECTED-UPDATE 1-Activist Jana Partners stocks up on HD Supply shares” on October 27, 2016. Finance.Yahoo.com‘s news article titled: “Activist Jana Partners stocks up on HD Supply shares” with publication date: October 27, 2016 was also an interesting one.

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