Hewlett-Packard Company (NYSE:HPQ) witnessed a selling pressure and the shares last traded with a loss of -0.82 points or -2.8% at $28.5. This represents a $0.70 annualized dividend and a yield of 2.40%. On 11 August, Copa Holdings SA (NYSE:CPA) shares fell -3.55% and was closed at $73.97. In the past six months, there is a change of -21.39% in the total insider ownership. Equities research analysts forecast that Hewlett-Packard Company will post $3.65 earnings per share for the current fiscal year. The stock was sold at an average price of $30.18, for a total value of $142,419.42. The Insider information was revealed by the Securities and Exchange Commission in a Form 4 filing. HP has emphasized the importance of the cloud in building this enterprise-focused company but hopes that data analytics will help it stand out from its competitors. The brokerage now has a $45.00 target price on the computer maker’s stock. The firm’s 50-day moving average is $30.47 and its 200-day moving average is $33.08.
Advertisement
A number of other analysts have also commented on the company.
Using a simplified recommendation ratings scale from one to five, analysts are giving Hewlett-Packard Company (NYSE:HPQ) a rating of 2.05. Zacks downgraded shares of Hewlett-Packard Company from a hold rating to a sell rating in a research report on Thursday, July 23rd. In the current session the stock reached as high as 29.97 and dipped down to 29.31. General Motors Company (NYSE:GM) ended the last trading day at $31.74. The daily volume was measured at 9,890,056 shares. The 52-week high of Hewlett-Packard Company (NYSE:HPQ) is $41.1 and the 52-week low is $29.4.
Hewlett-Packard Company (HP) is a provider of products, technologies, software, solutions and services to individual consumers, small- and medium-sized businesses (SMBs) and large enterprises, including customers in the Government, health and education sectors.
Advertisement
The board of HP Inc. will include Shumeet Banerji, founder of Condorcet and former CEO of Booz & Co.; Carl Bass, president and CEO of Autodesk; Robert Bennett, managing director of Hilltop Investments and former CEO of Liberty Media; Chip Bergh, CEO of Levi Strauss; Stacy Brown-Philpot, COO of TaskRabbit; Stephanie Burns, former CEO of Dow Corning; Mary Anne Citrino, senior advisor at Blackstone; Rajiv Gupta, former chairman and CEO of Rohm and Haas (: ); Stacey Mobley, former CAO at DuPont; Subra Suresh, president of Carnegie Mellon University; and Dion Weisler, now executive vice president at HP. The Companys offerings include personal computing and other access devices; multi-vendor customer services, including infrastructure technology and business process outsourcing, technology support and maintenance, application development and support services and consulting and integration services, and imaging and printing-related products and services. In December 2011, the Company acquired Hiflex Software GmbH.
