Packard

HCL Technologies to Acquire Important IP and R&D Assets from Hewlett Packard Enterprise – Latest Industry Update

by
HCL Technologies to Acquire Important IP and R&D Assets from Hewlett Packard Enterprise – Latest Industry Update

HCL Technologies (HCLTech) has announced its intention to acquire specific intellectual property (IP) and research and development (R&D) assets from Hewlett Packard Enterprise (HPE). This strategic move is aimed at bolstering HCLTech’s capabilities in the telecom engineering services sector, with a focus on business support systems (BSS), network applications, cloud services, and data intelligence. By … Read more

HCLTech Acquires Communication Technology Group Assets from Hewlett Packard for $225 Million – CNBC TV18

by
HCLTech Acquires Communication Technology Group Assets from Hewlett Packard for 5 Million – CNBC TV18

HCLTech Ltd, an IT services company, announced its acquisition of the assets of Communications Technology Group (CTG) from Hewlett Packard Enterprise (HPE) for $225 million in an all-cash deal. Approximately 1,500 CTG employees specializing in the telecommunications industry will join HCLTech in countries such as Spain, Italy, India, Japan, and China to serve clients globally. … Read more

Simplicity Wealth LLC Acquires More Hewlett Packard Enterprise (NYSE:HPE) Shares

by
Simplicity Wealth LLC Acquires More Hewlett Packard Enterprise (NYSE:HPE) Shares

Simplicity Wealth LLC recently acquired a new stake in Hewlett Packard Enterprise during the first quarter, purchasing 44,252 shares valued at approximately $785,000. Other notable investors who have increased their holdings in the company include Whittier Trust Co. of Nevada Inc., Verdence Capital Advisors LLC, Montgomery Investment Management Inc., IMPACTfolio LLC, and Avantax Planning Partners … Read more

NBC Securities Inc. offloads 997 shares of Hewlett Packard Enterprise (NYSE:HPE)

by
NBC Securities Inc. offloads 997 shares of Hewlett Packard Enterprise (NYSE:HPE)

NBC Securities Inc. reduced its holdings of Hewlett Packard Enterprise (NYSE: HPE) by 32.7% in the fourth quarter, as reported in its recent 13F filing with the SEC. The institutional investor sold 997 shares, leaving it with 2,052 shares valued at $34,000. Other institutional investors like AGF Management Ltd., Teacher Retirement System of Texas, Thompson … Read more

Mitsubishi UFJ Asset Management Co. Ltd. Acquires Shares of Hewlett Packard Enterprise (NYSE:HPE)

by
Simplicity Wealth LLC Acquires More Hewlett Packard Enterprise (NYSE:HPE) Shares

Mitsubishi UFJ Asset Management Co. Ltd. increased its stake in Hewlett Packard Enterprise shares by 8.7% in the fourth quarter, according to a recent disclosure with the Securities and Exchange Commission. The company now owns 1,360,638 shares of the technology company worth $23,185,000 at the end of the quarter. Additionally, several other large investors have … Read more

Hewlett Packard Enterprise (HPE) Embraces Risk Through Debt Financing

by
Hewlett Packard Enterprise (HPE) Embraces Risk Through Debt Financing

In the world of investing, the concern over permanent loss rather than stock price volatility is a common sentiment among practical investors, according to Howard Marks. When evaluating the risk level of a stock, it is important to consider the impact of debt, as excessive debt can potentially lead to the downfall of a company. … Read more

Analyzing Hewlett Packard’s Options Market Dynamics in Depth – Hewlett Packard (NYSE:HPE)

by
Analyzing Hewlett Packard’s Options Market Dynamics in Depth – Hewlett Packard (NYSE:HPE)

Investors with significant funds have shown optimism towards Hewlett Packard (HPE) recently, as indicated by an increase in options trading activity. The presence of large positions in the options market suggests that some individuals or institutions may have insider knowledge about potential developments related to HPE. Benzinga’s options scanner detected 8 trades in Hewlett Packard … Read more

Hewlett Packard Enterprise (NYSE:HPE) Shareholders See 26% Return, But YoY Earnings Growth Surpasses

by
Hewlett Packard Enterprise (HPE) Embraces Risk Through Debt Financing

Stock markets have a tendency to rise over time, making investing in stocks attractive. However, not every stock performs as well as the overall market. This is the case with Hewlett Packard Enterprise (NYSE: HPE), whose share price has only increased by 22% in the last year and 9.6% over the past three years, lagging … Read more

Forecasting the Stock of Hewlett Packard Enterprise (HPE) and Price Target for 2024

by
Forecasting the Stock of Hewlett Packard Enterprise (HPE) and Price Target for 2024

In 2024, Hewlett Packard Enterprise’s stock is forecasted to have a consensus rating of “Hold” based on 10 analyst ratings. The consensus target price for the stock is $17.91, with a high forecast of $20.00 and a low forecast of $14.00. MarketBeat calculates analyst consensus ratings for stocks by normalizing each analyst rating to a … Read more

Hewlett Packard Enterprise (NYSE:HPE) to Increase Dividend Compared to Last Year’s Payment

by
Hewlett Packard Enterprise (NYSE:HPE) to Increase Dividend Compared to Last Year’s Payment

The board of Company Hewlett Packard Enterprise, listed on the New York Stock Exchange under HPE, recently announced an increased dividend payment of $0.13 which will be paid on January 11. This brings the annual payout to 3.1% of the share price, higher than many other companies in the same sector. This dividend is easily … Read more