Balasa Dinverno Foltz buys $1.8 Million stake in Hewlett Packard Enterprise Co (HPE)

Hewlett Packard Enterprise Co (HPE) : Balasa Dinverno Foltz scooped up 72,226 additional shares in Hewlett Packard Enterprise Co during the most recent quarter end , the firm said in a disclosure report filed with the SEC on May 11, 2016. The investment management firm now holds a total of 111,365 shares of Hewlett Packard Enterprise Co which is valued at $1.8 Million.Hewlett Packard Enterprise Co makes up approximately 0.32% of Balasa Dinverno Foltz’s portfolio.

Other Hedge Funds, Including , Twin Capital Management Inc boosted its stake in HPE in the latest quarter, The investment management firm added 63,870 additional shares and now holds a total of 243,600 shares of Hewlett Packard Enterprise Co which is valued at $3.8 Million. Hewlett Packard Enterprise Co makes up approx 0.30% of Twin Capital Management Inc’s portfolio.Pzena Investment Management boosted its stake in HPE in the latest quarter, The investment management firm added 515,664 additional shares and now holds a total of 20,837,525 shares of Hewlett Packard Enterprise Co which is valued at $328.8 Million. Hewlett Packard Enterprise Co makes up approx 2.02% of Pzena Investment Management’s portfolio. Banque Pictet Cie Sa sold out all of its stake in HPE during the most recent quarter. The investment firm sold 127,545 shares of HPE which is valued $2 Million.P Schoenfeld Asset Management Lp boosted its stake in HPE in the latest quarter, The investment management firm added 558,499 additional shares and now holds a total of 1,688,060 shares of Hewlett Packard Enterprise Co which is valued at $26.6 Million. Hewlett Packard Enterprise Co makes up approx 2.74% of P Schoenfeld Asset Management Lp’s portfolio.

On the company’s financial health, Hewlett Packard Enterprise Co reported $0.41 EPS for the quarter, beating the analyst consensus estimate by $ 0.01 according to the earnings call on Mar 3, 2016. Analyst had a consensus of $0.40. The company had revenue of $12724.00 million for the quarter, compared to analysts expectations of $12650.07 million. The company’s revenue was down -2.5 % compared to the same quarter last year.

Many Wall Street Analysts have commented on Hewlett Packard Enterprise Co. Company shares were Reiterated by RBC Capital Mkts on Mar 24, 2016 to “Sector Perform”, Firm has raised the Price Target to $ 18 from a previous price target of $15 .Hewlett Packard Enterprise Co was Upgraded by Macquarie to ” Outperform” on Mar 21, 2016. Company shares were Reiterated by Maxim Group on Mar 7, 2016 to “Hold”, Firm has raised the Price Target to $ 19 from a previous price target of $13.50 .

Hewlett Packard Enterprise Company (Hewlett Packard Enterprise) is engaged in offering information technology (IT) and enterprise services solutions. The Company focuses on technology solutions which enables the customers to build cloud-enabled mobile-ready solutions that is suited to their needs. The Company’s portfolio includes enterprise services software and financial services businesses. Hewlett Packard Enterprise offers its services to various enterprises and governments.

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