Hewlett-Packard Company VP Jeff T. Ricci Sells 3,729 Shares (HPQ)

Share on StockTwits

Hewlett-Packard Company (NYSE:HPQ) VP Jeff T. Ricci unloaded 3,729 shares of the company’s stock in a transaction dated Tuesday, March 4th. The stock was sold at an average price of $29.97, for a total value of $111,758.13. Following the completion of the transaction, the vice president now directly owns 967 shares in the company, valued at approximately $28,981. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link.

Shares of Hewlett-Packard Company (NYSE:HPQ) traded down 0.60% on Wednesday, hitting $29.94. The stock had a trading volume of 6,509,614 shares. Hewlett-Packard Company has a 52 week low of $19.07 and a 52 week high of $30.71. The stock’s 50-day moving average is $29.35 and its 200-day moving average is $25.82. The company has a market cap of $57.096 billion and a price-to-earnings ratio of 11.03.

Hewlett-Packard Company (NYSE:HPQ) last released its earnings data on Thursday, February 20th. The company reported $0.90 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.84 by $0.06. The company had revenue of $28.20 billion for the quarter, compared to the consensus estimate of $27.19 billion. Analysts expect that Hewlett-Packard Company will post $3.71 EPS for the current fiscal year.

The company also recently declared a quarterly dividend, which is scheduled for Wednesday, April 2nd. Stockholders of record on Wednesday, March 12th will be given a dividend of $0.1452 per share. This represents a $0.58 dividend on an annualized basis and a yield of 1.94%. The ex-dividend date of this dividend is Monday, March 10th.

Several analysts have recently commented on the stock. Analysts at TheStreet reiterated a “hold” rating on shares of Hewlett-Packard Company in a research note on Monday. Separately, analysts at Zacks reiterated a “neutral” rating on shares of Hewlett-Packard Company in a research note on Tuesday, February 25th. They now have a $31.00 price target on the stock. Finally, analysts at Goldman Sachs raised their price target on shares of Hewlett-Packard Company from $21.00 to $37.00 in a research note on Monday, February 24th. They now have a “hold” rating on the stock. One analyst has rated the stock with a sell rating, seventeen have given a hold rating and twelve have issued a buy rating to the company. Hewlett-Packard Company presently has a consensus rating of “Hold” and a consensus price target of $28.83.

Hewlett-Packard Company (NYSE:HPQ) is a provider of products, technologies, software, solutions and services to individual consumers, small- and medium-sized businesses (SMBs) and large enterprises, including customers in the Government, health and education sectors.

Stay on top of analysts' coverage with Analyst Ratings Network's FREE daily email newsletter that provides a concise list of analysts' upgrades and downgrades. Click here to register now.

Latest News

Sunni Politician In Iraq Kidnapped From His Home
Sunni Politician In Iraq Kidnapped From His Home
Insider Buying: Townsquare Media Director Acquires 6,700 Shares of Stock
Insider Buying: Townsquare Media Director Acquires 6,700 Shares of Stock
S.Y. Bancorp VP Unloads $44,295 in Stock
S.Y. Bancorp VP Unloads $44,295 in Stock
Insider Selling: PepsiCo EVP Sells 4,340 Shares of Stock
Insider Selling: PepsiCo EVP Sells 4,340 Shares of Stock
Xoom Corp VP Christopher G. Ferro Unloads 7,000 Shares
Xoom Corp VP Christopher G. Ferro Unloads 7,000 Shares
PepsiCo EVP Sells $2,589,229 in Stock
PepsiCo EVP Sells $2,589,229 in Stock


Leave a Reply

 
© 2006-2014 Mideast Time.