Jana Partners adds Hewlett Packard Enterprise Co (HPE) to its portfolio

Hewlett Packard Enterprise Co (HPE) : Jana Partners added new position in Hewlett Packard Enterprise Co during the most recent quarter end. The investment management firm now holds 4,057,209 shares of Hewlett Packard Enterprise Co which is valued at $88,812,305 , the company said in a statement filed on Aug 15, 2016 with the SEC.Hewlett Packard Enterprise Co makes up approximately 1.57% of Jana Partners’s portfolio.

Other Hedge Funds, Including , Euclid Advisors reduced its stake in HPE by selling 58,304 shares or 46.8% in the most recent quarter. The Hedge Fund company now holds 66,265 shares of HPE which is valued at $1,450,541. Hewlett Packard Enterprise Co makes up approx 0.05% of Euclid Advisors’s portfolio.Bayesian Capital Management Lp boosted its stake in HPE in the latest quarter, The investment management firm added 22,200 additional shares and now holds a total of 37,100 shares of Hewlett Packard Enterprise Co which is valued at $812,119. Hewlett Packard Enterprise Co makes up approx 0.46% of Bayesian Capital Management Lp’s portfolio.Engineers Gate Manager Lp boosted its stake in HPE in the latest quarter, The investment management firm added 127,590 additional shares and now holds a total of 407,077 shares of Hewlett Packard Enterprise Co which is valued at $8,910,916. Hewlett Packard Enterprise Co makes up approx 0.60% of Engineers Gate Manager Lp’s portfolio.Advisors Asset Management reduced its stake in HPE by selling 591 shares or 4.94% in the most recent quarter. The Hedge Fund company now holds 11,370 shares of HPE which is valued at $247,639.New York State Teachers Retirement System reduced its stake in HPE by selling 68,556 shares or 2.05% in the most recent quarter. The Hedge Fund company now holds 3,283,458 shares of HPE which is valued at $65,833,333. Hewlett Packard Enterprise Co makes up approx 0.17% of New York State Teachers Retirement System’s portfolio.

On the company’s financial health, Hewlett Packard Enterprise Co reported $0.49 EPS for the quarter, beating the analyst consensus estimate by $ 0.04 according to the earnings call on Sep 7, 2016. Analyst had a consensus of $0.45. The company had revenue of $12210.00 million for the quarter, compared to analysts expectations of $12610.78 million. The company’s revenue was down -3.9 % compared to the same quarter last year.

Many Wall Street Analysts have commented on Hewlett Packard Enterprise Co. Company shares were Reiterated by Mizuho on Sep 8, 2016 to “Neutral”, Firm has raised the Price Target to $ 20 from a previous price target of $16 .Hewlett Packard Enterprise Co was Downgraded by Wells Fargo to ” Market Perform” on Sep 8, 2016. Hewlett Packard Enterprise Co was Initiated by Raymond James to “Mkt Perform” on Aug 17, 2016.

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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