Flippin Bruce Porter Inc Lowers stake in Hewlett Packard Enterprise Co (HPE)

Hewlett Packard Enterprise Co (HPE) : Flippin Bruce Porter Inc reduced its stake in Hewlett Packard Enterprise Co by 1.5% during the most recent quarter end. The investment management company now holds a total of 203,460 shares of Hewlett Packard Enterprise Co which is valued at $4,431,359 after selling 3,106 shares in Hewlett Packard Enterprise Co , the firm said in a disclosure report filed with the SEC on Aug 8, 2016.Hewlett Packard Enterprise Co makes up approximately 1.24% of Flippin Bruce Porter Inc’s portfolio.

Other Hedge Funds, Including , Ftb Advisors boosted its stake in HPE in the latest quarter, The investment management firm added 348 additional shares and now holds a total of 3,825 shares of Hewlett Packard Enterprise Co which is valued at $80,402. Hewlett Packard Enterprise Co makes up approx 0.01% of Ftb Advisors’s portfolio. Grandfield Dodd sold out all of its stake in HPE during the most recent quarter. The investment firm sold 10,859 shares of HPE which is valued $228,256.Robeco Institutional Asset Management B.v. boosted its stake in HPE in the latest quarter, The investment management firm added 28,503 additional shares and now holds a total of 248,368 shares of Hewlett Packard Enterprise Co which is valued at $4,979,778. Hewlett Packard Enterprise Co makes up approx 0.04% of Robeco Institutional Asset Management B.v.’s portfolio.Oakworth Capital boosted its stake in HPE in the latest quarter, The investment management firm added 3,000 additional shares and now holds a total of 9,818 shares of Hewlett Packard Enterprise Co which is valued at $196,851. Hewlett Packard Enterprise Co makes up approx 0.07% of Oakworth Capital’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 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.

Leave a Reply

Hewlett Packard Enterprise Co - Is it time to Sell?

Top Brokerage Firms are advising their investors on Hewlett Packard Enterprise Co. Subscribe to MoneyFlowIndex.Org Pre-Market Alerts, You will be the first to know the street buzz.