For $148.10 Million, UBS Now Owns Hewlett Packard Enterprise

UBS Asset Management Americas INC has increased its holdings of Hewlett-Packard Enterprise (NYSE: HPE) during the third quarter of this year, as indicated by UBS Asset Management Americas' statement filed with the Securities and Exchange Commission from the third quarter of the year.

‍

As a result of the additional purchases of 2,134,643 shares made by the institutional investor during the period in question, the total number of shares owned by the investor at the end of the period in question is 12,362,348. There is an estimated 0.96% stake owned by UBS Asset Management Americas INC in Hewlett-Packard Enterprise, which is currently valued at $148,110,000.

‍

In accordance with the company's most recent filing with the Securities and Exchange Commission, this is the information that was provided to us.

‍

Several equity analysts were asked about HPE stock in recent press releases. In a report distributed on Friday, December 2, Credit Suisse Group informed investors that the price objective for shares of Hewlett-Packard Enterprise has been raised from $18.50 to $19.00.

‍

Friday was the day when the note was released.

‍

Hewlett-Packard Enterprise stock was upgraded from "underweight" to "neutral" by Morgan Stanley in a research report published on Friday, March 1, 2019.

‍

As stated in a report made public on November 30, the price objective that Deutsche Bank Aktiengesellschaft has placed on shares of Hewlett-Packard Enterprise has been increased from $15.00 to $16.00, as stated in the report.

‍

Before this, the price objective was set at $15.00. However, Susquehanna Securities increased its target price on Hewlett-Packard Enterprise shares from $15.00 to $16.00 in a research note that was published on November 30. It was reported on Friday, March 3 that Citigroup has increased its price objective on shares of Hewlett-Packard Enterprise from $13.00 to $14.00 in a research note that was published on Friday.

‍

This was the last and most important item on the agenda.

‍

A total of 15 financial experts are of the opinion that the stock should be purchased, five experts are of the opinion that it should be retained, and two experts are of the opinion that the stock should be sold.

‍

Analysts estimate that the stock should reach a price of $16.92 over the next twelve months based on information obtained from Trade Algo

‍

There have been a number of institutional investors who have adjusted their investment strategy in HPE stock over the past few months.

‍

There was an increase of 3.3% in the amount of Hewlett-Packard Enterprise stock that Cambridge Trust Company personally owned during the second quarter of this year. Cambridge Trust Company now owns 20,727 shares of the company's stock, which is a value of $275,000, following the acquisition of an additional 668 shares over the past three months. The company now holds a total of 27,057 shares of the company's stock, which is a value of $275,000.

‍

Strategic Wealth Advisors Group LLC added 3.6% more Hewlett-Packard Enterprise (HPE) stock to its holdings in the third quarter, bringing the total to 100%. The Strit Group LLC now owns 222,249 shares of Hewlett-Packard Enterprise (HPE) stock worth $267,000. Strit Group LLC now owns 100% of Hewlett-Packard Enterprise (HPE) stock.

‍

During the most recent quarter, the company purchased an additional 777 shares in the technology company as a result of making an additional investment in the company.

‍

Crossmark Global Holdings INC purchased additional shares of Hewlett-Packard Enterprise during the third quarter, which resulted in a 0.4% increase in its holdings of the company. In total, Crossmark Global Holdings INC now holds 223,300 shares of the stock of the technology company in its possession.

‍

During the preceding quarter, the company purchased 780 additional shares at a cost of approximately $2,675,000 and its estimated market value for these shares is $2,675,000.

‍

TRUE Private Wealth Advisers increased five percentage points on the Hewlett-Packard Enterprise stock during the third quarter of 2018.

‍

The value of TRUE Private Wealth Advisors' holdings is currently $199,000, and the firm owns 16,672 shares with this value.