P Schoenfeld Asset Management Lp buys $53,158,727 stake in Hewlett Packard Enterprise Co (HPE)

Hewlett Packard Enterprise Co (HPE) : P Schoenfeld Asset Management Lp scooped up 740,388 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 10, 2016. The investment management firm now holds a total of 2,428,448 shares of Hewlett Packard Enterprise Co which is valued at $53,158,727.Hewlett Packard Enterprise Co makes up approximately 7.38% of P Schoenfeld Asset Management Lp’s portfolio.

Other Hedge Funds, Including , New York State Common Retirement Fund reduced its stake in HPE by selling 74,078 shares or 1.27% in the most recent quarter. The Hedge Fund company now holds 5,756,173 shares of HPE which is valued at $126,002,627. Hewlett Packard Enterprise Co makes up approx 0.18% of New York State Common Retirement Fund’s portfolio. Nine Chapters Capital Management sold out all of its stake in HPE during the most recent quarter. The investment firm sold 321,900 shares of HPE which is valued $6,969,135.Torray reduced its stake in HPE by selling 355 shares or 0.06% in the most recent quarter. The Hedge Fund company now holds 550,565 shares of HPE which is valued at $12,062,879. Hewlett Packard Enterprise Co makes up approx 0.87% of Torray’s portfolio.Commonwealth Equity Services Inc reduced its stake in HPE by selling 43,064 shares or 28.25% in the most recent quarter. The Hedge Fund company now holds 109,382 shares of HPE which is valued at $2,396,560. Hewlett Packard Enterprise Co makes up approx 0.02% of Commonwealth Equity Services Inc’s portfolio.Benjamin F. Edwards Company reduced its stake in HPE by selling 1,051 shares or 8.34% in the most recent quarter. The Hedge Fund company now holds 11,552 shares of HPE which is valued at $225,264. Hewlett Packard Enterprise Co makes up approx 0.04% of Benjamin F. Edwards Company’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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