Salesforce Com (CRM) Share Price Rose While Bloom Tree Partners Has Trimmed by $5.34 Million Its Holding; Tower Bridge Advisors Cut Its Hd Supply Hldgs (HDS) Stake as Stock Value Declined

February 21, 2018 - By Nellie Frank

Tower Bridge Advisors decreased its stake in Hd Supply Hldgs Inc (HDS) by 11.64% based on its latest 2017Q3 regulatory filing with the SEC. Tower Bridge Advisors sold 11,108 shares as the company’s stock declined 3.14% while stock markets rallied. The institutional investor held 84,320 shares of the consumer services company at the end of 2017Q3, valued at $3.04 billion, down from 95,428 at the end of the previous reported quarter. Tower Bridge Advisors who had been investing in Hd Supply Hldgs Inc for a number of months, seems to be less bullish one the $6.71B market cap company. The stock decreased 0.22% or $0.08 during the last trading session, reaching $36.16. About 1.23M shares traded. HD Supply Holdings, Inc. (NASDAQ:HDS) has risen 25.80% since February 21, 2017 and is uptrending. It has outperformed by 9.10% the S&P500.

Alok Agrawal decreased its stake in Salesforce Com Inc (CRM) by 12.99% based on its latest 2017Q3 regulatory filing with the SEC. Bloom Tree Partners Llc sold 57,437 shares as the company’s stock rose 7.28% with the market. The hedge fund run by Alok Agrawal held 384,763 shares of the prepackaged software company at the end of 2017Q3, valued at $35.95 million, down from 442,200 at the end of the previous reported quarter. Bloom Tree Partners Llc who had been investing in Salesforce Com Inc for a number of months, seems to be less bullish one the $82.60B market cap company. The stock increased 1.32% or $1.49 during the last trading session, reaching $114.35. About 4.29 million shares traded. Salesforce.com, inc. (NYSE:CRM) has risen 7.78% since February 21, 2017 and is uptrending. It has underperformed by 8.92% the S&P500.

Analysts await HD Supply Holdings, Inc. (NASDAQ:HDS) to report earnings on March, 13 before the open. They expect $0.44 earnings per share, 0.00% or $0.00 from last year’s $0.44 per share. HDS’s profit will be $81.70M for 20.55 P/E if the $0.44 EPS becomes a reality. After $0.80 actual earnings per share reported by HD Supply Holdings, Inc. for the previous quarter, Wall Street now forecasts -45.00% negative EPS growth.

Tower Bridge Advisors, which manages about $1.11 billion and $879.96 billion US Long portfolio, upped its stake in Novartis Adr (NYSE:NVS) by 7,397 shares to 98,874 shares, valued at $8.49B in 2017Q3, according to the filing. It also increased its holding in Cognizant Technology (NASDAQ:CTSH) by 17 shares in the quarter, for a total of 177,962 shares, and has risen its stake in Leidos Hldgs Inc (NYSE:LDOS).

Investors sentiment decreased to 0.62 in Q3 2017. Its down 0.37, from 0.99 in 2017Q2. It dived, 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. Glenmede Na reported 0% stake. Moreover, Fifth Third Savings Bank has 0.14% invested in HD Supply Holdings, Inc. (NASDAQ:HDS). Zebra Cap Mngmt Ltd Limited Liability Company invested in 0.21% or 17,629 shares. Pictet Asset Management Ltd holds 0.35% of its portfolio in HD Supply Holdings, Inc. (NASDAQ:HDS) for 3.39 million shares. Assetmark has 0% invested in HD Supply Holdings, Inc. (NASDAQ:HDS). Nomura Hldgs has invested 0.01% in HD Supply Holdings, Inc. (NASDAQ:HDS). Frontier Management Limited owns 2.26 million shares. Quantbot Tech Ltd Partnership reported 22,471 shares or 0.08% of all its holdings. Sg Americas Secs Ltd Liability Corporation accumulated 0% or 5,321 shares. United Capital Advisers Limited Com invested 0% in HD Supply Holdings, Inc. (NASDAQ:HDS). California Employees Retirement System stated it has 445,211 shares. Supplemental Annuity Collective Of Nj owns 0.38% invested in HD Supply Holdings, Inc. (NASDAQ:HDS) for 24,000 shares. 700,000 are held by Melvin Limited Partnership. Bnp Paribas Arbitrage has 0.02% invested in HD Supply Holdings, Inc. (NASDAQ:HDS). Point72 Asset Management Lp has 0.1% invested in HD Supply Holdings, Inc. (NASDAQ:HDS).

Among 18 analysts covering HD Supply Holdings (NASDAQ:HDS), 7 have Buy rating, 0 Sell and 11 Hold. Therefore 39% are positive. HD Supply Holdings has $5300 highest and $30 lowest target. $40.27’s average target is 11.37% above currents $36.16 stock price. HD Supply Holdings had 51 analyst reports since July 30, 2015 according to SRatingsIntel. Longbow initiated the shares of HDS in report on Thursday, June 2 with “Buy” rating. The rating was maintained by Credit Suisse with “Outperform” on Thursday, December 10. The firm earned “Outperform” rating on Wednesday, December 9 by RBC Capital Markets. Morgan Stanley upgraded the stock to “Overweight” rating in Tuesday, December 20 report. The stock of HD Supply Holdings, Inc. (NASDAQ:HDS) earned “Buy” rating by RBC Capital Markets on Monday, July 10. The firm earned “Positive” rating on Tuesday, November 17 by Susquehanna. Robert W. Baird maintained HD Supply Holdings, Inc. (NASDAQ:HDS) rating on Monday, October 9. Robert W. Baird has “Hold” rating and $38.0 target. RBC Capital Markets maintained the stock with “Buy” rating in Wednesday, June 7 report. The firm earned “Buy” rating on Monday, May 29 by RBC Capital Markets. The firm has “Outperform” rating by Macquarie Research given on Friday, August 26.

Since August 22, 2017, it had 2 buys, and 93 selling transactions for $74.54 million activity. Another trade for 124,331 shares valued at $12.31M was sold by Dayon Alexandre. Harris Parker sold $194,269 worth of stock. $966,601 worth of Salesforce.com, inc. (NYSE:CRM) was sold by BLOCK KEITH. Roos John Victor sold 129 shares worth $14,051. Martinez Maria also sold $87,204 worth of Salesforce.com, inc. (NYSE:CRM) shares. 8,624 shares were sold by Hawkins Mark J, worth $863,251 on Thursday, October 26.

Bloom Tree Partners Llc, which manages about $1.41B and $995.81 million US Long portfolio, upped its stake in Willis Towers Watson Pub Ltd by 76,778 shares to 250,878 shares, valued at $38.69 million in 2017Q3, according to the filing. It also increased its holding in Luxoft Hldg Inc (NYSE:LXFT) by 147,568 shares in the quarter, for a total of 641,086 shares, and has risen its stake in Microsoft Corp (NASDAQ:MSFT).

Among 51 analysts covering Salesforce.com (NYSE:CRM), 45 have Buy rating, 1 Sell and 5 Hold. Therefore 88% are positive. Salesforce.com has $135 highest and $18 lowest target. $107.66’s average target is -5.85% below currents $114.35 stock price. Salesforce.com had 202 analyst reports since August 21, 2015 according to SRatingsIntel. The rating was initiated by Cowen & Co on Friday, June 24 with “Outperform”. The stock of Salesforce.com, inc. (NYSE:CRM) has “Buy” rating given on Thursday, July 27 by Northland Capital. RBC Capital Markets maintained Salesforce.com, inc. (NYSE:CRM) rating on Wednesday, November 8. RBC Capital Markets has “Buy” rating and $110.0 target. The firm earned “Outperform” rating on Thursday, May 19 by Oppenheimer. The rating was upgraded by BNP Paribas on Thursday, August 27 to “Neutral”. Morgan Stanley maintained Salesforce.com, inc. (NYSE:CRM) rating on Saturday, August 22. Morgan Stanley has “Overweight” rating and $85 target. Oppenheimer maintained the stock with “Outperform” rating in Thursday, November 19 report. BMO Capital Markets maintained the stock with “Outperform” rating in Friday, November 18 report. The firm has “Outperform” rating by Wedbush given on Thursday, May 19. As per Thursday, September 1, the company rating was maintained by Mizuho.

Analysts await Salesforce.com, inc. (NYSE:CRM) to report earnings on February, 28 after the close. They expect $0.11 EPS, up 450.00% or $0.09 from last year’s $0.02 per share. CRM’s profit will be $79.45 million for 259.89 P/E if the $0.11 EPS becomes a reality. After $0.15 actual EPS reported by Salesforce.com, inc. for the previous quarter, Wall Street now forecasts -26.67% negative EPS growth.

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By1 Nellie Frank

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