Fintel reports that on November 18, 2024, Raymond James upgraded their outlook for Hewlett Packard Enterprise (XTRA:2HP) from Outperform to Strong Buy.
Analyst Price Forecast Suggests 2.82% Downside
As of October 22, 2024, the average one-year price target for Hewlett Packard Enterprise is 19,61 €/share. The forecasts range from a low of 16,52 € to a high of 22,90 €. The average price target represents a decrease of 2.82% from its latest reported closing price of 20,18 € / share.
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The projected annual revenue for Hewlett Packard Enterprise is 30,469MM, an increase of 4.99%. The projected annual non-GAAP EPS is 2.17.
What is the Fund Sentiment?
There are 1,829 funds or institutions reporting positions in Hewlett Packard Enterprise. This is an increase of 73 owner(s) or 4.16% in the last quarter. Average portfolio weight of all funds dedicated to 2HP is 0.20%, an increase of 0.98%. Total shares owned by institutions increased in the last three months by 4.70% to 1,264,342K shares.
What are Other Shareholders Doing?
BlackRock holds 120,652K shares representing 9.29% ownership of the company.
Bank Of America holds 45,260K shares representing 3.49% ownership of the company. In its prior filing, the firm reported owning 49,386K shares , representing a decrease of 9.12%. The firm decreased its portfolio allocation in 2HP by 79.10% over the last quarter.
VTSMX - Vanguard Total Stock Market Index Fund Investor Shares holds 41,059K shares representing 3.16% ownership of the company. In its prior filing, the firm reported owning 40,901K shares , representing an increase of 0.39%. The firm increased its portfolio allocation in 2HP by 16.56% over the last quarter.
DODGX - Dodge & Cox Stock Fund holds 37,601K shares representing 2.90% ownership of the company. In its prior filing, the firm reported owning 41,858K shares , representing a decrease of 11.32%. The firm decreased its portfolio allocation in 2HP by 13.61% over the last quarter.
VFINX - Vanguard 500 Index Fund Investor Shares holds 33,359K shares representing 2.57% ownership of the company. In its prior filing, the firm reported owning 32,762K shares , representing an increase of 1.79%. The firm increased its portfolio allocation in 2HP by 15.09% over the last quarter.
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