Hewlett Packard Enterprise Co (HPE) : Newbrook Capital Advisors Lp added new position in Hewlett Packard Enterprise Co during the most recent quarter end. The investment management firm now holds 1,365,491 shares of Hewlett Packard Enterprise Co which is valued at $29,890,598 , the company said in a statement filed on Aug 15, 2016 with the SEC.Hewlett Packard Enterprise Co makes up approximately 3.98% of Newbrook Capital Advisors Lp’s portfolio.
Other Hedge Funds, Including , First Republic Investment Management reduced its stake in HPE by selling 12,174 shares or 13.58% in the most recent quarter. The Hedge Fund company now holds 77,490 shares of HPE which is valued at $1,696,256. Hewlett Packard Enterprise Co makes up approx 0.02% of First Republic Investment Management’s portfolio.Burt Wealth Advisors reduced its stake in HPE by selling 500 shares or 49.95% in the most recent quarter. The Hedge Fund company now holds 501 shares of HPE which is valued at $10,045. Hewlett Packard Enterprise Co makes up approx 0.01% of Burt Wealth Advisors’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.