Tiedemann Wealth Management LLC grew its position in HP Inc (NYSE:HPQ) by 17.6% in the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 40,929 shares of the computer maker’s stock after acquiring an additional 6,115 shares during the period. Tiedemann Wealth Management LLC’s holdings in HP were worth $310,000 at the end of the most recent reporting period.

Several other large investors have also recently bought and sold shares of HPQ. Bronfman E.L. Rothschild L.P. raised its position in HP by 19.7% in the 2nd quarter. Bronfman E.L. Rothschild L.P. now owns 6,167 shares of the computer maker’s stock worth $108,000 after purchasing an additional 1,013 shares during the last quarter. YorkBridge Wealth Partners LLC raised its position in HP by 3.2% in the 2nd quarter. YorkBridge Wealth Partners LLC now owns 6,457 shares of the computer maker’s stock worth $113,000 after purchasing an additional 200 shares during the last quarter. Evercore Wealth Management LLC raised its position in HP by 14.0% in the 2nd quarter. Evercore Wealth Management LLC now owns 6,793 shares of the computer maker’s stock worth $119,000 after purchasing an additional 836 shares during the last quarter. D.A. Davidson & CO. raised its position in HP by 1.1% in the 2nd quarter. D.A. Davidson & CO. now owns 7,580 shares of the computer maker’s stock worth $132,000 after purchasing an additional 85 shares during the last quarter. Finally, Advisory Services Network LLC raised its position in HP by 9.8% in the 2nd quarter. Advisory Services Network LLC now owns 9,217 shares of the computer maker’s stock worth $161,000 after purchasing an additional 824 shares during the last quarter. Institutional investors own 79.99% of the company’s stock.

In other news, CEO Dion J. Weisler sold 95,521 shares of the business’s stock in a transaction on Monday, September 25th. The shares were sold at an average price of $19.97, for a total value of $1,907,554.37. Following the completion of the transaction, the chief executive officer now owns 435,018 shares of the company’s stock, valued at approximately $8,687,309.46. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, insider Marie Myers sold 11,752 shares of the business’s stock in a transaction on Tuesday, September 5th. The shares were sold at an average price of $19.25, for a total transaction of $226,226.00. Following the completion of the transaction, the insider now directly owns 11,752 shares of the company’s stock, valued at approximately $226,226. The disclosure for this sale can be found here. Insiders sold a total of 2,125,905 shares of company stock valued at $43,709,345 in the last three months. 0.62% of the stock is owned by company insiders.

Several research firms recently weighed in on HPQ. Stifel Nicolaus restated a “hold” rating and issued a $14.00 price objective on shares of HP in a research report on Thursday, August 24th. Mizuho restated a “buy” rating and issued a $21.00 price objective on shares of HP in a research report on Thursday, August 24th. BMO Capital Markets restated a “hold” rating and issued a $20.00 price objective on shares of HP in a research report on Thursday, August 24th. Royal Bank Of Canada restated a “buy” rating and issued a $22.00 price objective on shares of HP in a research report on Thursday, August 24th. Finally, Guggenheim restated a “neutral” rating on shares of HP in a research report on Monday, October 2nd. Eleven investment analysts have rated the stock with a hold rating, fourteen have issued a buy rating and one has issued a strong buy rating to the company’s stock. The company presently has an average rating of “Buy” and a consensus target price of $21.31.

Shares of HP Inc (NYSE:HPQ) traded down $0.04 during trading on Friday, hitting $21.41. 9,909,906 shares of the company’s stock traded hands, compared to its average volume of 10,986,204. The company has a market cap of $35,760.00, a PE ratio of 13.13, a price-to-earnings-growth ratio of 2.29 and a beta of 1.84. HP Inc has a 52 week low of $14.40 and a 52 week high of $22.68. The company has a quick ratio of 0.74, a current ratio of 1.00 and a debt-to-equity ratio of -1.98.

HP (NYSE:HPQ) last issued its earnings results on Tuesday, November 21st. The computer maker reported $0.44 EPS for the quarter, meeting the consensus estimate of $0.44. The company had revenue of $13.93 billion during the quarter, compared to analysts’ expectations of $13.36 billion. HP had a net margin of 4.85% and a negative return on equity of 70.25%. The business’s revenue for the quarter was up 11.3% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.36 EPS. research analysts forecast that HP Inc will post 1.79 earnings per share for the current fiscal year.

The company also recently declared a quarterly dividend, which will be paid on Wednesday, January 3rd. Stockholders of record on Wednesday, December 13th will be issued a $0.1393 dividend. This is a positive change from HP’s previous quarterly dividend of $0.13. The ex-dividend date of this dividend is Tuesday, December 12th. This represents a $0.56 annualized dividend and a dividend yield of 2.60%. HP’s payout ratio is 35.81%.

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HP Profile

HP Inc is a provider of products, technologies, software, solutions and services to individual consumers, small- and medium-sized businesses, and enterprises, including customers in the government, health and education sectors. The Company provides personal computing and other access devices, imaging and printing products, and related technologies, solutions and services.

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Institutional Ownership by Quarter for HP (NYSE:HPQ)

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