Dodge & Cox now owns 224,069,718 shares of the company’s stock worth $3,972,756,000 after buying an additional 6,540,190 shares in the last quarter.
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In April, HP Inc. sold these and other Autonomy assets to OpenText, a Canadian enterprise information management vendor, for an undisclosed sum.
“Building upon established success in the region helping governments be efficient, agile and resilient, the extension of HPE Future City to Asia Pacific and Japan will accelerate the development and deployment of solutions that improve quality of life, drive economic growth, and create sustainable communities”, said Suparno Banerjee, vice president, Public Sector Strategic Programs, Hewlett Packard Enterprise.
06/08/2016 – Hewlett Packard Enterprise Co had its “neutral” rating reiterated by analysts at Sterne Agee.
Additionally, the company has EPS of -5.89. Finally, Nuveen Asset Management LLC boosted its position in Hewlett Packard Enterprise by 477.9% in the first quarter. The company’s revenue was up 1.3% compared to the same quarter past year.
Shares of Hewlett Packard Enterprise Co.
HPE is up 0.5% to $19.60 in recent trading. The stock is now trading up its SMA 50 of $18.65.
Hewlett Packard Enterprise Co has a 50 day moving average of 18.65 and a 200 day moving average of 16.15.
According to Zacks Investment Research, “Hewlett Packard Enterprise Company was spun-off from the Hewlett-Packard Company in November 2015”. The company has the institutional ownership of 82.70%.
Hewlett Packard Enterprise (NYSE:HPE) last released its quarterly earnings results on Tuesday, May 24th.
The average revenue estimate is fixed at $10.07B for next year based on the thoughts of 23 Analysts.
A number of equities analysts have weighed in on HPE shares.
Hewlett Packard Enterprise officials reportedly are considering selling software assets like Autonomy and Vertica Systems as they look to streamline the company to meet changing customer demands brought on by such trends as the cloud, the proliferation of mobile devices and the Internet of things.
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The analyst reiterates an Outperform rating on the company with and raises his price target to $25. 3 Months Ago, the stock has been rated as “Buy” from 9 Analysts. They now have a Dollars 24 price target on the stock.
