Hotchkis Wiley Capital Management buys $592,245,880 stake in Hewlett Packard Enterprise Co (HPE)

Hewlett Packard Enterprise Co (HPE) : Hotchkis Wiley Capital Management scooped up 2,126,559 additional shares in Hewlett Packard Enterprise Co during the most recent quarter end , the firm said in a disclosure report filed with the SEC on Aug 12, 2016. The investment management firm now holds a total of 27,055,545 shares of Hewlett Packard Enterprise Co which is valued at $592,245,880.Hewlett Packard Enterprise Co makes up approximately 2.40% of Hotchkis Wiley Capital Management’s portfolio.

Other Hedge Funds, Including , Dubuque Bank Trust Co sold out all of its stake in HPE during the most recent quarter. The investment firm sold 700 shares of HPE which is valued $15,323.Wealth Architects reduced its stake in HPE by selling 2,559 shares or 7.36% in the most recent quarter. The Hedge Fund company now holds 32,228 shares of HPE which is valued at $701,926. Hewlett Packard Enterprise Co makes up approx 0.33% of Wealth Architects’s portfolio.Pzena Investment Management reduced its stake in HPE by selling 72,969 shares or 0.35% in the most recent quarter. The Hedge Fund company now holds 20,764,556 shares of HPE which is valued at $454,951,422. Hewlett Packard Enterprise Co makes up approx 2.68% of Pzena Investment Management’s portfolio.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.

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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