Fjarde Ap-Fonden Fourth Swedish National Pension Fund Position in Continental Resources (CLR) Lowered as Valuation Declined; Three Peaks Capital Management Decreased Its Hd Supply Hldgs (HDS) Position by $305,136; Stock Price Declined

January 14, 2018 - By Nellie Frank

Three Peaks Capital Management Llc decreased its stake in Hd Supply Hldgs Inc (HDS) by 5.51% based on its latest 2017Q3 regulatory filing with the SEC. Three Peaks Capital Management Llc sold 8,476 shares as the company’s stock declined 3.14% while stock markets rallied. The institutional investor held 145,363 shares of the consumer services company at the end of 2017Q3, valued at $5.24M, down from 153,839 at the end of the previous reported quarter. Three Peaks Capital Management Llc who had been investing in Hd Supply Hldgs Inc for a number of months, seems to be less bullish one the $7.28B market cap company. The stock increased 0.69% or $0.27 during the last trading session, reaching $39.23. About 2.29 million shares traded or 1.48% up from the average. HD Supply Holdings, Inc. (NASDAQ:HDS) has risen 25.80% since January 14, 2017 and is uptrending. It has outperformed by 9.10% the S&P500.

Fjarde Ap-Fonden Fourth Swedish National Pension Fund decreased its stake in Continental Resources Inc (CLR) by 33.68% based on its latest 2017Q3 regulatory filing with the SEC. Fjarde Ap-Fonden Fourth Swedish National Pension Fund sold 14,286 shares as the company’s stock declined 7.27% while stock markets rallied. The institutional investor held 28,136 shares of the energy company at the end of 2017Q3, valued at $1.09 million, down from 42,422 at the end of the previous reported quarter. Fjarde Ap-Fonden Fourth Swedish National Pension Fund who had been investing in Continental Resources Inc for a number of months, seems to be less bullish one the $21.40B market cap company. The stock decreased 1.15% or $0.67 during the last trading session, reaching $57.66. About 2.14M shares traded. Continental Resources, Inc. (NYSE:CLR) has risen 4.05% since January 14, 2017 and is uptrending. It has underperformed by 12.65% the S&P500.

Three Peaks Capital Management Llc, which manages about $566.27 million and $677.09 million US Long portfolio, upped its stake in Summit Matls Inc by 60,130 shares to 207,109 shares, valued at $6.63 million in 2017Q3, according to the filing. It also increased its holding in Regal Entmt Group (NYSE:RGC) by 150,497 shares in the quarter, for a total of 417,669 shares, and has risen its stake in Scientific Games Corp (NASDAQ:SGMS).

Investors sentiment decreased to 0.62 in Q3 2017. Its down 0.37, from 0.99 in 2017Q2. It worsened, as 70 investors sold HDS shares while 119 reduced holdings. 37 funds opened positions while 80 raised stakes. 186.53 million shares or 1.63% less from 189.62 million shares in 2017Q2 were reported. Hsbc Hldgs Public Limited Company invested in 16,175 shares or 0% of the stock. Gotham Asset Mngmt has invested 0.01% of its portfolio in HD Supply Holdings, Inc. (NASDAQ:HDS). Willingdon Wealth Management stated it has 0% in HD Supply Holdings, Inc. (NASDAQ:HDS). Mrj holds 110,600 shares or 2.24% of its portfolio. Pillar Pacific Capital Mngmt Ltd Co owns 0.03% invested in HD Supply Holdings, Inc. (NASDAQ:HDS) for 6,700 shares. Asset Mgmt reported 0.01% of its portfolio in HD Supply Holdings, Inc. (NASDAQ:HDS). 88,045 were accumulated by British Columbia Inv. Corsair Capital Management LP has 3.07% invested in HD Supply Holdings, Inc. (NASDAQ:HDS). Jpmorgan Chase & holds 4.10M shares. Utd Cap Advisers Llc has invested 0% in HD Supply Holdings, Inc. (NASDAQ:HDS). Moreover, Asset Mngmt Inc has 0.01% invested in HD Supply Holdings, Inc. (NASDAQ:HDS). Public Sector Pension Investment Board invested 0% of its portfolio in HD Supply Holdings, Inc. (NASDAQ:HDS). New Jersey Better Educational Savings Tru has 0.33% invested in HD Supply Holdings, Inc. (NASDAQ:HDS) for 11,000 shares. Raymond James Finance Svcs Advisors accumulated 32,637 shares or 0.01% of the stock. Signaturefd Ltd Company holds 0.06% of its portfolio in HD Supply Holdings, Inc. (NASDAQ:HDS) for 11,779 shares.

Analysts await HD Supply Holdings, Inc. (NASDAQ:HDS) to report earnings on March, 13. They expect $0.43 EPS, down 2.27% or $0.01 from last year’s $0.44 per share. HDS’s profit will be $79.84M for 22.81 P/E if the $0.43 EPS becomes a reality. After $0.80 actual EPS reported by HD Supply Holdings, Inc. for the previous quarter, Wall Street now forecasts -46.25% negative EPS growth.

Among 17 analysts covering HD Supply Holdings (NASDAQ:HDS), 6 have Buy rating, 0 Sell and 11 Hold. Therefore 35% are positive. HD Supply Holdings had 50 analyst reports since July 30, 2015 according to SRatingsIntel. The firm earned “Neutral” rating on Wednesday, June 14 by Susquehanna. RBC Capital Markets downgraded HD Supply Holdings, Inc. (NASDAQ:HDS) rating on Tuesday, September 20. RBC Capital Markets has “Sector Perform” rating and $35 target. The rating was upgraded by Morgan Stanley to “Overweight” on Tuesday, December 20. RBC Capital Markets maintained HD Supply Holdings, Inc. (NASDAQ:HDS) on Tuesday, December 5 with “Buy” rating. The firm has “Outperform” rating given on Tuesday, September 15 by Credit Suisse. The firm earned “Outperform” rating on Friday, June 17 by Credit Suisse. Susquehanna maintained it with “Hold” rating and $41.0 target in Wednesday, January 3 report. The firm earned “Outperform” rating on Thursday, September 10 by RBC Capital Markets. Robert W. Baird downgraded it to “Neutral” rating and $37 target in Wednesday, June 7 report. SunTrust maintained it with “Hold” rating and $42.0 target in Tuesday, December 5 report.

Analysts await Continental Resources, Inc. (NYSE:CLR) to report earnings on February, 28. They expect $0.20 earnings per share, up 385.71% or $0.27 from last year’s $-0.07 per share. CLR’s profit will be $74.23 million for 72.08 P/E if the $0.20 EPS becomes a reality. After $0.09 actual earnings per share reported by Continental Resources, Inc. for the previous quarter, Wall Street now forecasts 122.22% EPS growth.

Among 37 analysts covering Continental Resources Inc. (NYSE:CLR), 25 have Buy rating, 0 Sell and 12 Hold. Therefore 68% are positive. Continental Resources Inc. had 132 analyst reports since July 21, 2015 according to SRatingsIntel. The stock has “Buy” rating by RBC Capital Markets on Friday, June 2. RBC Capital Markets maintained Continental Resources, Inc. (NYSE:CLR) on Thursday, July 20 with “Buy” rating. The firm earned “Hold” rating on Wednesday, September 27 by Cowen & Co. The stock of Continental Resources, Inc. (NYSE:CLR) earned “Overweight” rating by Morgan Stanley on Wednesday, November 8. The rating was upgraded by Deutsche Bank on Wednesday, April 13 to “Buy”. Capital One downgraded the shares of CLR in report on Wednesday, April 27 to “Equal-Weight” rating. As per Friday, July 21, the company rating was maintained by Citigroup. Cowen & Co maintained Continental Resources, Inc. (NYSE:CLR) on Friday, November 10 with “Hold” rating. Tudor Pickering upgraded Continental Resources, Inc. (NYSE:CLR) on Monday, January 18 to “Buy” rating. The stock of Continental Resources, Inc. (NYSE:CLR) earned “Buy” rating by Piper Jaffray on Tuesday, January 9.

Fjarde Ap-Fonden Fourth Swedish National Pension Fund, which manages about $5.25 billion US Long portfolio, upped its stake in First Rep Bk San Francisco C (NYSE:FRC) by 5,733 shares to 51,798 shares, valued at $5.41M in 2017Q3, according to the filing. It also increased its holding in Verizon Communications Inc (NYSE:VZ) by 13,959 shares in the quarter, for a total of 963,462 shares, and has risen its stake in Caterpillar Inc Del (NYSE:CAT).

Since December 13, 2017, it had 0 insider purchases, and 1 sale for $958,024 activity.

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