Yacktman Asset Management Lp buys $61,010,534 stake in Hewlett Packard Enterprise Co (HPE)

Hewlett Packard Enterprise Co (HPE) : Yacktman Asset Management Lp scooped up 34,824 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 2,836,380 shares of Hewlett Packard Enterprise Co which is valued at $61,010,534.Hewlett Packard Enterprise Co makes up approximately 0.50% of Yacktman Asset Management Lp’s portfolio.

Other Hedge Funds, Including , Boston Private Wealth boosted its stake in HPE in the latest quarter, The investment management firm added 2,613 additional shares and now holds a total of 49,136 shares of Hewlett Packard Enterprise Co which is valued at $1,056,915. Hewlett Packard Enterprise Co makes up approx 0.04% of Boston Private Wealth’s portfolio.Rehmann Capital Advisory Group boosted its stake in HPE in the latest quarter, The investment management firm added 4,506 additional shares and now holds a total of 25,624 shares of Hewlett Packard Enterprise Co which is valued at $521,448. Hewlett Packard Enterprise Co makes up approx 0.10% of Rehmann Capital Advisory Group’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.Nn Investment Partners Holdings N.v. reduced its stake in HPE by selling 61,966 shares or 21.69% in the most recent quarter. The Hedge Fund company now holds 223,751 shares of HPE which is valued at $4,363,145. Hewlett Packard Enterprise Co makes up approx 0.04% of Nn Investment Partners Holdings N.v.’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 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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