Big Money Are Selling Hewlett Packard Co (NYSE:HPQ), Sentiment at 0.7

June 27, 2018 - By Heather Owens

HP Inc. (NYSE:HPQ) Corporate Logo

Positions for Hewlett Packard Co (NYSE:HPQ)

In Q1 2018 Hewlett Packard Co (NYSE:HPQ) big money sentiment decreased to 0.7, according to Securities and Exchange Commission filings. That’s down -0.93, from 2017Q4’s 1.63. 7 funds started new and increased positions, while 10 sold and reduced their stakes in Hewlett Packard Co so the sentiment has dropped. These funds own 1.93 million shares, that’s up from 1.73 million shares in 2017Q4. Funds holding Hewlett Packard Co in top 10 was flat from 0 to 0 for the same number . 5 Investors Sold All; 5 Reduced Holdings; 5 increased stakes while 2 funds bought stakes.

Most Hewlett Packard Co Investors

Grassi Investment Management owns 143,000 shares in Hewlett Packard Co as of Q1 2018. Hewlett Packard Co’s shareholder Greenwich Wealth Management Llc owns 142,063 shares as of Q1 2018. Meag Munich Ergo Kapitalanlagegesellschaft Mbh reported 294,222 shares. Balasa Dinverno & Foltz Llc revealed 58,657 shares position in Hewlett Packard Co. The Alabama-based fund Mitchell Mcleod Pugh & Williams Inc holds 10,845 shares or 0.17% of their US long stock exposure.

HP Inc. provides products, technologies, software, solutions, and services to individual consumers, small- and medium-sized businesses, and large enterprises, including clients in the government, health, and education sectors worldwide.The firm is valued at $37.12 billion. It operates through Personal Systems and Printing divisions.The P/E ratio is 8.86. The Personal Systems segment offers commercial personal computers , consumer PCs, workstations, thin clients, commercial tablets and mobility devices, retail point-of-sale systems, displays and other related accessories, software, support, and services for the commercial and consumer markets.

HPQ touched $23.05 during the last trading session after $0.04 change.HP Inc. has volume of 6.06 million shares. Since June 27, 2017 HPQ has risen 19.27% and is uptrending. The stock outperformed the S&P500 by 6.70%.

Investors expect HP Inc. (NYSE:HPQ)’s quarterly earnings on August, 22., according to Faxor. Analysts have anticipation on stock’s earnings per share of $0.50. That’s up 16.28 % from last year’s $0.43 earnings per share. If earnings per share of $0.50 is published the profit of HPQ could hit $805.25 million giving it 11.53 P/E. Wall Street now forecasts 4.17 % EPS growth despite HP Inc. previous quarter’s EPS of $0.48.

135,448 were reported by Eqis Cap Mgmt. Wagner Bowman Mgmt has invested 0.1% in HP Inc. (NYSE:HPQ). The California-based Gemmer Asset Mngmt Ltd Liability has invested 0.01% in HP Inc. (NYSE:HPQ). West Oak Capital Ltd Liability Com holds 0% or 4,196 shs in its capital. Gulf Intll Bancshares (Uk) Limited reported 523,216 shs or 0.15% of all its holdings. Invest Advsrs Ltd Limited Liability Company holds 0.02% of its capital in HP Inc. (NYSE:HPQ) for 14,730 shs. Vantage Inv Advsr Ltd Co reported 0% of its capital in HP Inc. (NYSE:HPQ). Grassi Investment accumulated 143,000 shs. Meag Munich Ergo Kapitalanlagegesellschaft Mbh holds 0.21% of its capital in HP Inc. (NYSE:HPQ) for 294,222 shs. Alphamark Advsr Ltd Llc has invested 0% of its capital in HP Inc. (NYSE:HPQ). American Rech & Management owns 800 shs. Balasa Dinverno & Foltz Ltd holds 58,657 shs. Greenwich Wealth Mngmt Limited Liability Company owns 142,063 shs or 0.49% of their US capital. 10,845 are held by Mitchell Mcleod Pugh Williams. Newman Dignan & Sheerar Inc accumulated 10,275 shs.

HP Inc. had 9 selling transactions and 0 buys since January 5, 2018. This’s net activity of $28.41 million. Another trade for 117,275 shs valued at $2.81 million was made by KEOGH TRACY S on Monday, June 11. On Friday, January 12 COUGHLIN RON sold $337,500 worth of HP Inc. (NYSE:HPQ) or 15,000 shs. MYERS MARIE sold $471,175 worth of HP Inc. (NYSE:HPQ) on Wednesday, June 6. On Friday, January 5 FLAXMAN JON E also sold $4.48M worth of HP Inc. (NYSE:HPQ).

HP Inc. (NYSE:HPQ) Ratings Coverage

Total analysts of 12 have positions in HP Inc (NYSE:HPQ) as follows: 6 rated it a “Buy”, 0 with “Sell” and 6 with “Hold”. The positive are 50%. The firm has $28 highest while $22.0 is the lowest target. The average target $25.73 is 11.63% above the last ($23.05) price. Since January 16, 2018 according to StockzIntelligence Inc HP Inc has 15 analyst reports. In Wednesday, May 30 report Morgan Stanley maintained the stock with “Equal-Weight” rating. On Friday, February 23 the firm has “Buy” rating by UBS given. On Tuesday, January 23 the firm earned “Equal-Weight” rating by Morgan Stanley. On Monday, February 26 the firm has “Buy” rating by J.P. Morgan given. The stock rating was downgraded by Barclays Capital to “Equal-Weight” on Wednesday, January 17. On Friday, February 23 the stock has “Hold” rating by Maxim Group. On Thursday, February 1 the rating was downgraded by Mizuho to “Hold”. In Wednesday, May 30 report Maxim Group upgraded the stock to “Buy” rating. In Tuesday, January 16 report UBS maintained it with “Buy” rating and $26.0 target. On Thursday, February 22 the stock has “Buy” rating by RBC Capital Markets.

Another two news for HP Inc. (NYSE:HPQ) were briefly brought out by: Fool.com on June 09, 2018 with title “Is Hewlett-Packard Company (HPQ) a Buy?”. The other Globenewswire.com‘s article was titled “HP Inc. Names Alex Cho President, Personal Systems Business” and brought out on June 13, 2018.

HP Inc. (NYSE:HPQ) Analyst Ratings Chart

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