Brown Advisory Inc. offloaded 4203 shares of
HP Inc. Despite this, HP Inc.'s stock has been on a steady rise, although it still lags behind the market. Institutional investors who control 79% of HP Inc.'s shares have had a fantastic week, with one-year returns significantly impressive. On the same note, certain analysts believe HP Inc. offers a great investment opportunity for value investors due to their undervalued status.
Dai-Ichi Life Insurance Company Ltd, a major stakeholder, has reduced their invested position. HP Inc. continues to attract new investors as
Janney Montgomery Scott LLC asserts a $4.06 million position and Quest Partners LLC invests $874,000. Although HP's Q1 Fiscal 2024 earnings matched expectations, revenues fell short, causing stock to decline by 3%, which did not deter major analyst upgrades.
Morgan Stanley predicts an "upside" due to an improving PC recovery, and BofA Securities increased HP's price target to $35. HP Inc. also declared a quarterly dividend of $0.2756, maintaining its reputation as a great dividend stock.
Hp HPQ News Analytics from Tue, 29 Aug 2023 07:00:00 GMT to Sun, 26 May 2024 11:53:28 GMT -
Rating 2
- Innovation 6
- Information 8
- Rumor -2
