Intrust Bank NA grew its holdings in HP Inc. (NYSE:HPQ) by 11.6% in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 29,464 shares of the company’s stock after purchasing an additional 3,060 shares during the period. Intrust Bank NA’s holdings in HP were worth $588,000 as of its most recent SEC filing.

Several other institutional investors have also bought and sold shares of HPQ. Bronfman E.L. Rothschild L.P. increased its holdings in shares of HP by 19.7% in the 2nd quarter. Bronfman E.L. Rothschild L.P. now owns 6,167 shares of the company’s stock worth $108,000 after purchasing an additional 1,013 shares in the last quarter. YorkBridge Wealth Partners LLC increased its holdings in shares of HP by 3.2% in the 2nd quarter. YorkBridge Wealth Partners LLC now owns 6,457 shares of the company’s stock worth $113,000 after purchasing an additional 200 shares in the last quarter. Evercore Wealth Management LLC increased its holdings in shares of HP by 14.0% in the 2nd quarter. Evercore Wealth Management LLC now owns 6,793 shares of the company’s stock worth $119,000 after purchasing an additional 836 shares in the last quarter. Whittier Trust Co. of Nevada Inc. increased its holdings in shares of HP by 15.4% in the 2nd quarter. Whittier Trust Co. of Nevada Inc. now owns 7,443 shares of the company’s stock worth $130,000 after purchasing an additional 996 shares in the last quarter. Finally, D.A. Davidson & CO. increased its holdings in shares of HP by 1.1% in the 2nd quarter. D.A. Davidson & CO. now owns 7,580 shares of the company’s stock worth $132,000 after purchasing an additional 85 shares in the last quarter. 79.63% of the stock is owned by institutional investors and hedge funds.

A number of analysts have commented on HPQ shares. Stifel Nicolaus reissued a “hold” rating and issued a $14.00 target price on shares of HP in a report on Wednesday, August 16th. Loop Capital lifted their price objective on HP from $23.00 to $25.00 and gave the stock a “buy” rating in a report on Friday, October 13th. BMO Capital Markets reaffirmed a “hold” rating and issued a $20.00 price objective on shares of HP in a report on Thursday, August 24th. Jefferies Group LLC lifted their price objective on HP from $18.00 to $18.75 and gave the stock a “hold” rating in a report on Tuesday, July 18th. Finally, Citigroup Inc. lifted their price objective on HP from $20.00 to $23.00 and gave the stock a “buy” rating in a report on Friday, October 13th. Nine analysts have rated the stock with a hold rating, sixteen have given a buy rating and one has assigned a strong buy rating to the company’s stock. HP currently has an average rating of “Buy” and a consensus target price of C$21.57.

In other HP news, insider Dion J. Weisler sold 80,102 shares of the company’s stock in a transaction that occurred on Monday, November 6th. The stock was sold at an average price of C$21.47, for a total transaction of C$1,719,789.94. Following the sale, the insider now directly owns 339,497 shares in the company, valued at C$7,289,000.59. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. Also, insider Dion J. Weisler sold 525,719 shares of the company’s stock in a transaction that occurred on Thursday, November 2nd. The shares were sold at an average price of C$21.22, for a total value of C$11,155,757.18. Following the sale, the insider now owns 865,216 shares in the company, valued at C$18,359,883.52. The disclosure for this sale can be found here. Insiders sold 1,812,176 shares of company stock worth $37,016,874 over the last quarter. 0.62% of the stock is owned by company insiders.

HP Inc. (HPQ) traded down C$0.02 during trading hours on Monday, hitting C$21.21. The company had a trading volume of 1,512,713 shares, compared to its average volume of 10,872,534. The company has a quick ratio of 0.74, a current ratio of 0.97 and a debt-to-equity ratio of -1.55. The stock has a market capitalization of $35,540.00, a P/E ratio of 13.52, a P/E/G ratio of 3.15 and a beta of 1.84. HP Inc. has a 12 month low of C$14.40 and a 12 month high of C$22.31.

HP (NYSE:HPQ) last posted its earnings results on Wednesday, August 23rd. The company reported C$0.43 EPS for the quarter, topping analysts’ consensus estimates of C$0.42 by C$0.01. The company had revenue of C$13.06 billion for the quarter, compared to the consensus estimate of C$12.31 billion. HP had a negative return on equity of 64.93% and a net margin of 4.66%. The firm’s revenue for the quarter was up 9.8% on a year-over-year basis. During the same period in the previous year, the business earned $0.48 earnings per share. equities research analysts predict that HP Inc. will post 1.65 earnings per share for the current year.

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About HP

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.

Institutional Ownership by Quarter for HP (NYSE:HPQ)

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