Hewlett-Packard (NYSE: HPQ) has recently received a number of price target changes and ratings updates:

  • 9/19/2016 – Hewlett-Packard was downgraded by analysts at Vetr from a “strong-buy” rating to a “buy” rating. They now have a $16.12 price target on the stock.
  • 9/13/2016 – Hewlett-Packard had its “buy” rating reaffirmed by analysts at Jefferies Group. They now have a $16.75 price target on the stock.
  • 9/13/2016 – Hewlett-Packard had its “sector perform” rating reaffirmed by analysts at RBC Capital Markets. They now have a $14.00 price target on the stock.
  • 9/13/2016 – Hewlett-Packard had its “buy” rating reaffirmed by analysts at Brean Capital. They now have a $18.00 price target on the stock.
  • 9/13/2016 – Hewlett-Packard had its “buy” rating reaffirmed by analysts at Morgan Stanley.
  • 9/12/2016 – Hewlett-Packard was upgraded by analysts at Vetr from a “buy” rating to a “strong-buy” rating. They now have a $16.12 price target on the stock.
  • 9/8/2016 – Hewlett-Packard had its “sector perform” rating reaffirmed by analysts at FBN Securities.
  • 9/7/2016 – Hewlett-Packard had its “buy” rating reaffirmed by analysts at Jefferies Group. They now have a $16.75 price target on the stock.
  • 9/1/2016 – Hewlett-Packard had its “sector perform” rating reaffirmed by analysts at RBC Capital Markets. They now have a $14.00 price target on the stock.
  • 8/29/2016 – Hewlett-Packard had its price target raised by analysts at Argus from $16.00 to $19.00. They now have a “buy” rating on the stock.
  • 8/26/2016 – Hewlett-Packard had its “overweight” rating reaffirmed by analysts at Morgan Stanley. They now have a $16.00 price target on the stock, up previously from $15.00.
  • 8/25/2016 – Hewlett-Packard had its price target raised by analysts at Citigroup Inc. from $13.00 to $14.00. They now have a “neutral” rating on the stock.
  • 8/25/2016 – Hewlett-Packard had its price target raised by analysts at Jefferies Group from $16.00 to $16.75. They now have a “buy” rating on the stock.
  • 8/25/2016 – Hewlett-Packard had its “neutral” rating reaffirmed by analysts at Mizuho. They now have a $12.00 price target on the stock.
  • 8/25/2016 – Hewlett-Packard was downgraded by analysts at Maxim Group from a “buy” rating to a “hold” rating. They now have a $15.00 price target on the stock, down previously from $17.00.
  • 8/25/2016 – Hewlett-Packard had its price target raised by analysts at BMO Capital Markets from $12.00 to $13.00. They now have a “market perform” rating on the stock.
  • 8/25/2016 – Hewlett-Packard had its price target raised by analysts at Barclays PLC from $13.00 to $14.00. They now have an “equal weight” rating on the stock.
  • 8/25/2016 – Hewlett-Packard had its “buy” rating reaffirmed by analysts at Deutsche Bank AG. They now have a $15.00 price target on the stock.
  • 8/22/2016 – Hewlett-Packard had its price target raised by analysts at Royal Bank Of Canada from $12.00 to $14.00. They now have a “sector perform” rating on the stock.
  • 8/22/2016 – Hewlett-Packard had its “sector perform” rating reaffirmed by analysts at RBC Capital Markets. They now have a $14.00 price target on the stock, up previously from $12.00.
  • 8/12/2016 – Hewlett-Packard had its “buy” rating reaffirmed by analysts at Credit Suisse Group AG. They now have a $19.00 price target on the stock.

Hewlett-Packard Co. (NYSE:HPQ) opened at 14.99 on Thursday. Hewlett-Packard Co. has a 12 month low of $8.91 and a 12 month high of $15.00. The stock’s 50 day moving average price is $14.42 and its 200 day moving average price is $13.06. The firm has a market capitalization of $25.65 billion, a P/E ratio of 7.98 and a beta of 1.59.

Hewlett-Packard (NYSE:HPQ) last released its quarterly earnings results on Wednesday, August 24th. The computer maker reported $0.48 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of $0.44 by $0.04. Hewlett-Packard had a net margin of 5.41% and a return on equity of 106.26%. The company earned $11.89 billion during the quarter, compared to analysts’ expectations of $11.44 billion. During the same period in the prior year, the company earned $0.88 earnings per share. The business’s quarterly revenue was down 3.8% compared to the same quarter last year. On average, analysts forecast that Hewlett-Packard Co. will post $1.61 earnings per share for the current year.

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, October 5th. Stockholders of record on Wednesday, September 14th will be given a dividend of $0.124 per share. This represents a $0.50 dividend on an annualized basis and a dividend yield of 3.31%. The ex-dividend date is Monday, September 12th. Hewlett-Packard’s dividend payout ratio is currently 26.74%.

In other news, insider Tracy S. Keogh sold 100,000 shares of the company’s stock in a transaction dated Monday, August 15th. The shares were sold at an average price of $14.50, for a total transaction of $1,450,000.00. Following the completion of the transaction, the insider now owns 213,582 shares of the company’s stock, valued at $3,096,939. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, insider Marie Myers sold 10,269 shares of the company’s stock in a transaction dated Monday, August 29th. The shares were sold at an average price of $14.55, for a total transaction of $149,413.95. Following the transaction, the insider now directly owns 22,390 shares of the company’s stock, valued at approximately $325,774.50. The disclosure for this sale can be found here. Insiders own 0.51% of the company’s stock.

HP Inc, formerly Hewlett-Packard Company, is a provider of products, technologies, software, solutions and services to individual consumers, small- and medium-sized businesses and large enterprises. The Company operates in seven business segments: Personal Systems, Printing, the Enterprise Group, Enterprise Services, Software, HP Financial Services and Corporate Investments.

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