Lsv Asset Management Reduces $3M in HP Inc. ($HPQ)
Key Points
- Lsv Asset Management changed its HP Inc. ($HPQ) stake by 1.0% last quarter, cutting to 11,108,047 shares worth $269.81 million.
- Wall Street's consensus rating on $HPQ is Hold and an average price target of $22.91.
- $HPQ last traded around $24.29.
Lsv Asset Management trimmed its position in HP Inc. ($HPQ) by 1.0% during the most recent quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 11,108,047 shares of HP Inc. after selling 116,592 shares during the quarter. Lsv Asset Management's holdings in HP Inc. were worth $269.81 million as of its most recent filing.
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About HP Inc.
HP Inc. provides personal computing, printing, 3D printing, hybrid work, gaming, and other related technologies in the United States and internationally. The company operates through three segments: Personal Systems, Printing, and Corporate Investments. The Personal Systems segment offers commercial and consumer desktops and notebooks, workstations, thin clients, retail point-of-sale systems, displays, software, hybrid systems, and endpoint security and services, as well as lifecycle services, including support and deployment, configurations, and extended warranty services. The Printing segment provides consumer and commercial printer hardware, supplies, and solutions, as well as office and home printing solutions; and focuses on graphics, 3D printing, and personalization solutions for the commercial and industrial markets. The Corporate Investments segment is involved in the business incubation and investment projects. It serves small- and medium-sized businesses, public sector, and enterprises. The company was formerly known as Hewlett-Packard Company and changed its name to HP Inc. in October 2015. HP Inc. was founded in 1939 and is headquartered in Palo Alto, California.
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