Clifford Swan Investment Counsel Lowers stake in Hewlett Packard Enterprise Co (HPE)

Hewlett Packard Enterprise Co (HPE) : Clifford Swan Investment Counsel reduced its stake in Hewlett Packard Enterprise Co by 1.36% during the most recent quarter end. The investment management company now holds a total of 853,419 shares of Hewlett Packard Enterprise Co which is valued at $18,681,342 after selling 11,799 shares in Hewlett Packard Enterprise Co , the firm said in a disclosure report filed with the SEC on Aug 10, 2016.Hewlett Packard Enterprise Co makes up approximately 1.26% of Clifford Swan Investment Counsel’s portfolio.

Other Hedge Funds, Including , Massmutual Trust Co Fsbadv reduced its stake in HPE by selling 70 shares or 62.5% in the most recent quarter. The Hedge Fund company now holds 42 shares of HPE which is valued at $919.Auxier Asset Management reduced its stake in HPE by selling 100 shares or 0.63% in the most recent quarter. The Hedge Fund company now holds 15,804 shares of HPE which is valued at $346,266. Hewlett Packard Enterprise Co makes up approx 0.08% of Auxier Asset Management’s portfolio.Amg National Trust Bank reduced its stake in HPE by selling 127 shares or 0.15% in the most recent quarter. The Hedge Fund company now holds 83,225 shares of HPE which is valued at $1,790,170. Hewlett Packard Enterprise Co makes up approx 0.16% of Amg National Trust Bank’s portfolio. Riggs Asset Managment sold out all of its stake in HPE during the most recent quarter. The investment firm sold 632 shares of HPE which is valued $13,285.Meyer Handelman Co boosted its stake in HPE in the latest quarter, The investment management firm added 3,350 additional shares and now holds a total of 445,014 shares of Hewlett Packard Enterprise Co which is valued at $8,922,531. Hewlett Packard Enterprise Co makes up approx 0.39% of Meyer Handelman Co’s portfolio.

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 Initiated by Raymond James to “Mkt Perform” on Aug 17, 2016. 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 .

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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