Dodge & Cox is the second biggest holder of HP Inc. (HPQ)

HP Inc. (NYSE:HPQ) is on recovery track with 51.04% gain from a 1-year low price of $14.40. The company added 0.83% to attain the price of $21.75 on 11/17/2017. Throughout the recent session, the prices were hovering between $21.4502 and $21.87. These shares are 5.75% off its target price of $23 and the current market capitalization stands at $36.52B. The recent change has given its price a 4.92% lead over SMA 50 and -2.49% deficit over its 52-week high. The stock witnessed -0.96% declines, 17.12% gains and 13.81% gains for the 1-month, 3-month and 6-month period, respectively. To measure price-variation, we found HPQ’s volatility during a week at 1.59% and during a month it has been found around 1.31%.

HP Inc. (HPQ) Top Holders

Institutional investors currently hold around $29.23 billion or 82.9% in HPQ stock. Look at its top three institutional owners. Vanguard Group Inc owns $2.71 billion in HP Inc., which represents roughly 7.41% of the company’s market cap and approximately 9.26% of the institutional ownership. Similar statistics are true for the second largest owner, Dodge & Cox, which owns 115,270,677 shares of the stock are valued at $2.49 billion. The third largest holder is Blackrock Inc., which currently holds $2.36 billion worth of this stock and that ownership represents nearly 6.47% of its market capitalization.

HP Inc. 13F Filings

At the end of 09/30/2017 reporting period, 346 institutional holders increased their position in HP Inc. (NYSE:HPQ) by some 96,373,076 shares, 384 decreased positions by 80,724,546 and 147 held positions by 1,178,220,000. That puts total institutional holdings at 1,355,317,622 shares, according to SEC filings. The stock grabbed 60 new institutional investments totaling 17,410,247 shares while 59 institutional investors sold out their entire positions totaling 2,312,966 shares.

HP Inc. (NYSE:HPQ) Insider Trades

Multiple company employees have indulged in significant insider trading. HP Inc. disclosed in a document filed with the US Securities and Exchange Commission (SEC) that Chief Legal Officer, GC & Sec Rivera Kim M has sold 41,761 shares of HP Inc. (HPQ) in trading session dated Nov. 13, 2017. These shares are worth $888,674 and were traded at $21.28 each. The SEC filing shows that Weisler Dion J performed a sale of 80,102 shares. The President and CEO disposed these shares by way of transaction on Nov. 06, 2017. The company’s shares were given away at $21.47 per share worth to an income of some $1,719,790 on account of Weisler Dion J.

President and CEO, Weisler Dion J, sold 525,719 common shares of HP Inc. (HPQ) in the open market. In a transaction dated Nov. 02, 2017, the shares were put up for sale at an average price of $21.22, raking in a sum of $11,155,757. After this sale, 419,599 common shares of HPQ are directly owned by the insider, with total stake valued at $9,126,278.

In the transaction dated Oct. 13, 2017, the great number of shares disposed came courtesy the President and CEO; Weisler Dion J disposed a total of 525,719 shares at an average price of $20.97, amounting to approximately $11,024,327. The insider now directly owns 339,497 shares worth $7,384,060.

HP Inc. (HPQ) Analyst Guide

Several analysts have released their opinion on HP Inc. (NYSE:HPQ), with 6 analysts believing it is a strong buy. Whereas 5 of them predict the stock is a hold. Also, there are 2 buy, 0 sell and 0 strong sell ratings, collectively assigning a 1.92 average brokerage recommendation.

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