Gibraltar Capital Management Lowers stake in Hewlett Packard Enterprise Co (HPE)

Hewlett Packard Enterprise Co (HPE) : Gibraltar Capital Management reduced its stake in Hewlett Packard Enterprise Co by 0.2% during the most recent quarter end. The investment management company now holds a total of 55,290 shares of Hewlett Packard Enterprise Co which is valued at $1,189,288 after selling 113 shares in Hewlett Packard Enterprise Co , the firm said in a disclosure report filed with the SEC on Aug 1, 2016.Hewlett Packard Enterprise Co makes up approximately 1.38% of Gibraltar Capital Management’s portfolio.

Other Hedge Funds, Including , Park Circle Co added HPE to its portfolio by purchasing 1,500 company shares during the most recent quarter which is valued at $30,075. Hewlett Packard Enterprise Co makes up approx 0.02% of Park Circle Co’s portfolio.Eqis Capital Management boosted its stake in HPE in the latest quarter, The investment management firm added 2,400 additional shares and now holds a total of 57,995 shares of Hewlett Packard Enterprise Co which is valued at $1,147,721. Hewlett Packard Enterprise Co makes up approx 0.08% of Eqis Capital Management’s portfolio. Summit Financial Wealth Advisors added HPE to its portfolio by purchasing 13,142 company shares during the most recent quarter which is valued at $250,224. Hewlett Packard Enterprise Co makes up approx 0.10% of Summit Financial Wealth Advisors’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.

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