Fjarde Ap-fonden Fourth Swedish National Pension Fund buys $8,850,122 stake in Hewlett Packard Enterprise Co (HPE)

Hewlett Packard Enterprise Co (HPE) : Fjarde Ap-fonden Fourth Swedish National Pension Fund scooped up 9,192 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 Oct 14, 2016. The investment management firm now holds a total of 411,060 shares of Hewlett Packard Enterprise Co which is valued at $8,850,122.Hewlett Packard Enterprise Co makes up approximately 0.20% of Fjarde Ap-fonden Fourth Swedish National Pension Fund’s portfolio.

Other Hedge Funds, Including , Webster Bank N. A. added HPE to its portfolio by purchasing 9,700 company shares during the most recent quarter which is valued at $208,841. Hewlett Packard Enterprise Co makes up approx 0.03% of Webster Bank N. A.’s portfolio.Capstone Asset Management Co boosted its stake in HPE in the latest quarter, The investment management firm added 1,556 additional shares and now holds a total of 122,407 shares of Hewlett Packard Enterprise Co which is valued at $2,690,506. Hewlett Packard Enterprise Co makes up approx 0.08% of Capstone Asset Management Co’s portfolio.Jacobs Coca reduced its stake in HPE by selling 1,250 shares or 4.73% in the most recent quarter. The Hedge Fund company now holds 25,195 shares of HPE which is valued at $566,888. Hewlett Packard Enterprise Co makes up approx 0.13% of Jacobs Coca’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. CLSA Initiated Hewlett Packard Enterprise Co on Oct 14, 2016 to “Underperform”, Price Target of the shares are set at $24.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 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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