Fil Ltd Lowers stake in Hewlett Packard Enterprise Co (HPE)

Hewlett Packard Enterprise Co (HPE) : Fil Ltd reduced its stake in Hewlett Packard Enterprise Co by 24.0% during the most recent quarter end. The investment management company now holds a total of 18,098,068 shares of Hewlett Packard Enterprise Co which is valued at $396,166,709 after selling 5,714,122 shares in Hewlett Packard Enterprise Co , the firm said in a disclosure report filed with the SEC on Aug 11, 2016.Hewlett Packard Enterprise Co makes up approximately 1.20% of Fil Ltd’s portfolio.

Other Hedge Funds, Including , Johnson Investment Counsel Inc added HPE to its portfolio by purchasing 13,182 company shares during the most recent quarter which is valued at $288,554. Hewlett Packard Enterprise Co makes up approx 0.01% of Johnson Investment Counsel Inc’s portfolio. M&r Capital Management Inc added HPE to its portfolio by purchasing 351 company shares during the most recent quarter which is valued at $7,683. Cambridge Trust Co sold out all of its stake in HPE during the most recent quarter. The investment firm sold 12,149 shares of HPE which is valued $266,185.Simplex Trading boosted its stake in HPE in the latest quarter, The investment management firm added 22,347 additional shares and now holds a total of 30,347 shares of Hewlett Packard Enterprise Co which is valued at $608,761. Hewlett Packard Enterprise Co makes up approx 0.08% of Simplex Trading’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 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.

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