Wealth Architects Lowers stake in Hewlett Packard Enterprise Co (HPE)

Hewlett Packard Enterprise Co (HPE) : Wealth Architects reduced its stake in Hewlett Packard Enterprise Co by 7.36% during the most recent quarter end. The investment management company now holds a total of 32,228 shares of Hewlett Packard Enterprise Co which is valued at $701,926 after selling 2,559 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 0.33% of Wealth Architects’s portfolio.

Other Hedge Funds, Including , Oxford Asset Management boosted its stake in HPE in the latest quarter, The investment management firm added 56,028 additional shares and now holds a total of 737,738 shares of Hewlett Packard Enterprise Co which is valued at $16,067,934. Hewlett Packard Enterprise Co makes up approx 0.63% of Oxford Asset Management’s portfolio.Mizuho Trust Banking Ltd. reduced its stake in HPE by selling 64,581 shares or 2.29% in the most recent quarter. The Hedge Fund company now holds 2,756,031 shares of HPE which is valued at $59,282,227. Hewlett Packard Enterprise Co makes up approx 0.18% of Mizuho Trust Banking Ltd.’s portfolio.Shelton Capital Management reduced its stake in HPE by selling 3,800 shares or 5.41% in the most recent quarter. The Hedge Fund company now holds 66,459 shares of HPE which is valued at $1,429,533. Hewlett Packard Enterprise Co makes up approx 0.12% of Shelton Capital Management’s portfolio.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.First Niagara Bank reduced its stake in HPE by selling 1,826 shares or 7.59% in the most recent quarter. The Hedge Fund company now holds 22,231 shares of HPE which is valued at $452,401. Hewlett Packard Enterprise Co makes up approx 0.13% of First Niagara Bank’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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