Ionic Capital Management buys $12,426,637 stake in Hewlett Packard Enterprise Co (HPE)

Hewlett Packard Enterprise Co (HPE) : Ionic Capital Management scooped up 134,600 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 Nov 14, 2016. The investment management firm now holds a total of 532,190 shares of Hewlett Packard Enterprise Co which is valued at $12,426,637.Hewlett Packard Enterprise Co makes up approximately 2.26% of Ionic Capital Management’s portfolio.

Other Hedge Funds, Including , Alyeska Investment Group reduced its stake in HPE by selling 2,131,752 shares or 63.6% in the most recent quarter. The Hedge Fund company now holds 1,220,094 shares of HPE which is valued at $28,489,195. Hewlett Packard Enterprise Co makes up approx 0.29% of Alyeska Investment Group’s portfolio.Wesbanco Bank Inc reduced its stake in HPE by selling 30 shares or 0.23% in the most recent quarter. The Hedge Fund company now holds 13,282 shares of HPE which is valued at $308,541. Hewlett Packard Enterprise Co makes up approx 0.02% of Wesbanco Bank Inc’s portfolio.High Pointe Capital Management reduced its stake in HPE by selling 34,457 shares or 32.9% in the most recent quarter. The Hedge Fund company now holds 70,290 shares of HPE which is valued at $1,624,402. Hewlett Packard Enterprise Co makes up approx 2.91% of High Pointe Capital Management’s portfolio.Assetmark Inc reduced its stake in HPE by selling 1,653 shares or 33.74% in the most recent quarter. The Hedge Fund company now holds 3,246 shares of HPE which is valued at $71,542.Winfield Associates boosted its stake in HPE in the latest quarter, The investment management firm added 40 additional shares and now holds a total of 245 shares of Hewlett Packard Enterprise Co which is valued at $5,410.

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.

Investors should note that on Nov 10, 2016, Hewlett Packard Enterprise Co announced a cash dividend of $0.0650. The company’s management has announced Dec 12, 2016 as the ex-dividend date and fixed the record date on Dec 14, 2016. The payable date has been fixed on Jan 4, 2017.

Many Wall Street Analysts have commented on Hewlett Packard Enterprise Co. Hewlett Packard Enterprise Co was Upgraded by Raymond James to ” Outperform” on Nov 18, 2016. Company shares were Reiterated by Needham on Oct 19, 2016 to “Buy”, Firm has raised the Price Target to $ 26 from a previous price target of $24 .CLSA Initiated Hewlett Packard Enterprise Co on Oct 14, 2016 to “Underperform”, Price Target of the shares are set at $24.

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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