Badgley Phelps Bell Inc buys $8,219,638 stake in Hewlett Packard Enterprise Co (HPE)

Hewlett Packard Enterprise Co (HPE) : Badgley Phelps Bell Inc scooped up 11,675 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 1, 2016. The investment management firm now holds a total of 382,131 shares of Hewlett Packard Enterprise Co which is valued at $8,219,638.Hewlett Packard Enterprise Co makes up approximately 0.73% of Badgley Phelps Bell Inc’s portfolio.

Other Hedge Funds, Including , Kalos Management sold out all of its stake in HPE during the most recent quarter. The investment firm sold 74,128 shares of HPE which is valued $1,594,493. First Citizens Bank Trust Co added HPE to its portfolio by purchasing 218,018 company shares during the most recent quarter which is valued at $4,582,738. Hewlett Packard Enterprise Co makes up approx 0.40% of First Citizens Bank Trust Co’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. Financial Consulate Inc sold out all of its stake in HPE during the most recent quarter. The investment firm sold 94,620 shares of HPE which is valued $1,897,131.Carroll Financial Associates reduced its stake in HPE by selling 377 shares or 24.01% in the most recent quarter. The Hedge Fund company now holds 1,193 shares of HPE which is valued at $23,932.

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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