Hewlett Packard Enterprise Co (HPE) : Oldfield Partners Llp reduced its stake in Hewlett Packard Enterprise Co by 1.3% during the most recent quarter end. The investment management company now holds a total of 7,155,409 shares of Hewlett Packard Enterprise Co which is valued at $112.8 Million after selling 94,500 shares in Hewlett Packard Enterprise Co , the firm said in a disclosure report filed with the SEC on May 11, 2016.Hewlett Packard Enterprise Co makes up approximately 9.48% of Oldfield Partners Llp’s portfolio.
Other Hedge Funds, Including , Leonard Capital Management Inc sold out all of its stake in HPE during the most recent quarter. The investment firm sold 240,000 shares of HPE which is valued $3.8 Million.Hosking Partners Llp boosted its stake in HPE in the latest quarter, The investment management firm added 16,575 additional shares and now holds a total of 226,718 shares of Hewlett Packard Enterprise Co which is valued at $3.6 Million. Hewlett Packard Enterprise Co makes up approx 0.17% of Hosking Partners Llp’s portfolio. Numeric Investors added HPE to its portfolio by purchasing 23,500 company shares during the most recent quarter which is valued at $370,830.World Asset Management Inc reduced its stake in HPE by selling 24,871 shares or 13.3% in the most recent quarter. The Hedge Fund company now holds 162,135 shares of HPE which is valued at $2.7 Million. Hewlett Packard Enterprise Co makes up approx 0.11% of World Asset Management Inc’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.