Amg National Trust Bank Lowers stake in Hewlett Packard Enterprise Co (HPE)

Hewlett Packard Enterprise Co (HPE) : Amg National Trust Bank reduced its stake in Hewlett Packard Enterprise Co by 0.15% during the most recent quarter end. The investment management company now holds a total of 83,225 shares of Hewlett Packard Enterprise Co which is valued at $1,790,170 after selling 127 shares in Hewlett Packard Enterprise Co , the firm said in a disclosure report filed with the SEC on Aug 3, 2016.Hewlett Packard Enterprise Co makes up approximately 0.16% of Amg National Trust Bank’s portfolio.

Other Hedge Funds, Including , Sg Americas Securities boosted its stake in HPE in the latest quarter, The investment management firm added 2,235,503 additional shares and now holds a total of 2,307,096 shares of Hewlett Packard Enterprise Co which is valued at $49,625,635. Hewlett Packard Enterprise Co makes up approx 0.38% of Sg Americas Securities’s portfolio. Ipswich Investment Management sold out all of its stake in HPE during the most recent quarter. The investment firm sold 3,788 shares of HPE which is valued $81,480. Concert Wealth Management sold out all of its stake in HPE during the most recent quarter. The investment firm sold 10,391 shares of HPE which is valued $218,419.Balasa Dinverno Foltz reduced its stake in HPE by selling 7,151 shares or 6.42% in the most recent quarter. The Hedge Fund company now holds 104,214 shares of HPE which is valued at $2,062,395. Hewlett Packard Enterprise Co makes up approx 0.36% of Balasa Dinverno Foltz’s portfolio. Foundation Resource Management Inc sold out all of its stake in HPE during the most recent quarter. The investment firm sold 339,885 shares of HPE which is valued $6,471,410.

On the company’s financial health, Hewlett Packard Enterprise Co reported $0.42 EPS for the quarter, based on the information available during the earnings call on May 24, 2016. Analyst had a consensus estimate of $0.42. The company had revenue of $12711.00 million for the quarter, compared to analysts expectations of $12336.07 million. The company’s revenue was up 1.3% compared to the same quarter last year.

Many Wall Street Analysts have commented on Hewlett Packard Enterprise Co. Hewlett Packard Enterprise Co was Upgraded by Citigroup to ” Buy” on Jul 25, 2016. Company shares were Reiterated by Deutsche Bank on Jun 9, 2016 to “Buy”, Firm has raised the Price Target to $ 22 from a previous price target of $19 .Company shares were Reiterated by Mizuho on May 25, 2016 to “Neutral”, Firm has raised the Price Target to $ 16 from a previous price target of $13 .

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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