Hewlett Packard Enterprise Co (HPE) : Atlantic Investment Management reduced its stake in Hewlett Packard Enterprise Co by 27.27% during the most recent quarter end. The investment management company now holds a total of 562,373 shares of Hewlett Packard Enterprise Co which is valued at $12,310,345 after selling 210,877 shares in Hewlett Packard Enterprise Co , the firm said in a disclosure report filed with the SEC on Aug 15, 2016.Hewlett Packard Enterprise Co makes up approximately 1.32% of Atlantic Investment Management’s portfolio.
Other Hedge Funds, Including , Strategic Investment Management reduced its stake in HPE by selling 2,127 shares or 10.42% in the most recent quarter. The Hedge Fund company now holds 18,282 shares of HPE which is valued at $400,193. Hewlett Packard Enterprise Co makes up approx 0.19% of Strategic Investment Management’s portfolio.Central Trust Co reduced its stake in HPE by selling 3,829 shares or 38.77% in the most recent quarter. The Hedge Fund company now holds 6,048 shares of HPE which is valued at $131,725. Hewlett Packard Enterprise Co makes up approx 0.01% of Central Trust Co’s portfolio. Northpointe Capital sold out all of its stake in HPE during the most recent quarter. The investment firm sold 168,331 shares of HPE which is valued $3,425,536.Calamos Advisors boosted its stake in HPE in the latest quarter, The investment management firm added 93 additional shares and now holds a total of 245,935 shares of Hewlett Packard Enterprise Co which is valued at $5,004,777. Hewlett Packard Enterprise Co makes up approx 0.05% of Calamos Advisors’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. 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.