Mackay Shields LLC reduced its position in shares of Hewlett Packard Enterprise Co (NYSE:HPE) by 28.1% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 427,586 shares of the technology company’s stock after selling 166,877 shares during the period. Mackay Shields LLC’s holdings in Hewlett Packard Enterprise were worth $6,247,000 at the end of the most recent quarter.
Several other institutional investors have also recently added to or reduced their stakes in the business. Boston Partners boosted its stake in shares of Hewlett Packard Enterprise by 67.2% during the 2nd quarter. Boston Partners now owns 13,969,750 shares of the technology company’s stock worth $204,098,000 after purchasing an additional 5,615,283 shares during the last quarter. LSV Asset Management boosted its stake in shares of Hewlett Packard Enterprise by 2.3% during the 1st quarter. LSV Asset Management now owns 10,904,432 shares of the technology company’s stock worth $191,263,000 after purchasing an additional 242,200 shares during the last quarter. Prudential Financial Inc. boosted its stake in shares of Hewlett Packard Enterprise by 196.3% during the 1st quarter. Prudential Financial Inc. now owns 8,753,931 shares of the technology company’s stock worth $153,544,000 after purchasing an additional 5,799,831 shares during the last quarter. First Trust Advisors LP boosted its stake in shares of Hewlett Packard Enterprise by 17.0% during the 2nd quarter. First Trust Advisors LP now owns 8,603,281 shares of the technology company’s stock worth $125,694,000 after purchasing an additional 1,250,834 shares during the last quarter. Finally, Schwab Charles Investment Management Inc. boosted its stake in shares of Hewlett Packard Enterprise by 1.6% during the 1st quarter. Schwab Charles Investment Management Inc. now owns 6,314,644 shares of the technology company’s stock worth $110,759,000 after purchasing an additional 96,426 shares during the last quarter. 81.53% of the stock is currently owned by institutional investors.
Best Stocks To Invest In Right Now: Duke Energy Corporation(DUK)
Advisors' Opinion:- [By Chris Lange]
Watch for Duke Energy Corp.’s (NYSE: DUK) first-quarter report on Thursday. The consensus forecast is $1.14 in EPS on $5.81 billion in revenue. Shares closed at $79.89. The consensus price target is $82.20, and shares have traded between $72.93 and $91.80 in the past 52 weeks.
- [By Reuben Gregg Brewer]
Investing when you are young is generally focused on growing your nest egg. And as you near retirement, that starts to change to a goal of living off your savings. Doing that can be a lot easier if you focus on dividend-paying companies backed by stable businesses. Here are three high-yield stocks that fit that bill: Magellan Midstream Partners LP (NYSE:MMP), Duke Energy Corporation (NYSE:DUK), and Procter & Gamble (NYSE:PG).
- [By Max Byerly]
Tocqueville Asset Management L.P. reduced its position in Duke Energy Corp (NYSE:DUK) by 0.6% in the second quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 138,215 shares of the utilities provider’s stock after selling 885 shares during the period. Tocqueville Asset Management L.P.’s holdings in Duke Energy were worth $10,930,000 at the end of the most recent reporting period.
Best Stocks To Invest In Right Now: PacWest Bancorp(PACW)
Advisors' Opinion:- [By Ethan Ryder]
Eagle Boston Investment Management Inc. raised its holdings in PacWest Bancorp (NASDAQ:PACW) by 4.3% during the second quarter, HoldingsChannel.com reports. The firm owned 216,438 shares of the financial services provider’s stock after buying an additional 8,918 shares during the period. Eagle Boston Investment Management Inc.’s holdings in PacWest Bancorp were worth $10,696,000 as of its most recent filing with the SEC.
- [By Shane Hupp]
PacWest Bancorp (NASDAQ:PACW) – Stock analysts at Wedbush reduced their Q1 2019 earnings per share estimates for shares of PacWest Bancorp in a research report issued on Wednesday, September 12th. Wedbush analyst D. Chiaverini now forecasts that the financial services provider will earn $0.89 per share for the quarter, down from their prior estimate of $0.90. Wedbush currently has a “Neutral” rating on the stock. Wedbush also issued estimates for PacWest Bancorp’s Q1 2020 earnings at $0.98 EPS and Q2 2020 earnings at $1.02 EPS.
- [By Logan Wallace]
Get a free copy of the Zacks research report on PacWest Bancorp (PACW)
For more information about research offerings from Zacks Investment Research, visit Zacks.com
- [By Ethan Ryder]
PacWest Banc (NASDAQ: PACW) and Arrow Financial (NASDAQ:AROW) are both finance companies, but which is the superior investment? We will compare the two businesses based on the strength of their dividends, valuation, earnings, institutional ownership, risk, analyst recommendations and profitability.
- [By Max Byerly]
ValuEngine upgraded shares of PacWest Bancorp (NASDAQ:PACW) from a sell rating to a hold rating in a research report report published on Wednesday morning.
Best Stocks To Invest In Right Now: ENI S.p.A.(E)
Advisors' Opinion:- [By Shane Hupp]
ENI (NYSE:E) was downgraded by analysts at Zacks Investment Research from a hold rating to a sell rating. According to Zacks, “With recovering oil prices, Eni’s operating profits from its Refining & Marketing business has gone down in the first half of 2018 against the comparable period of 2017. Also, operating profit from its Chemical business fell 79% during this period due to rising costs of oil-based feedstock. Moreover, Eni has sold 50% of its stake in the Zohr field, a high yielding project, which can impact its revenues. Fall in demand for products like gasoil and gasoline, in Italy, is also a concern for the company. If this consumption trend persists, the company’s profit levels will get affected. Given these headwinds, Eni seems like a risky bet that ordinary investors should exit.”
- [By Joseph Griffin]
Eni SpA (NYSE:E) has received an average rating of “Hold” from the twelve analysts that are presently covering the company, MarketBeat.com reports. Two investment analysts have rated the stock with a sell recommendation, three have given a hold recommendation and seven have issued a buy recommendation on the company. The average 12 month target price among brokerages that have issued ratings on the stock in the last year is $34.24.
- [By Zacks]
Following the reform, Mexico drew multi-billion dollars' investment. It could lead up to an output of 3 MMBbl/d by the end of the planned period, as predicted by the supporters of the reform. The reform could also bring down electricity rates in the country. So far, Mexico has awarded around 90 contracts, both onshore and offshore. The country raised about $100 billion from the auctions by the end of January. With nine oil and gas blocks, Shell has emerged as the leading player in the auctions held so far. Other winners in the bidding processes include Eni S.p.A. (NYSE: E)of Italy, Inpex of Japan, France's TOTAL S.A. (NYSE: TOT), Chevron and more.
- [By Shane Hupp]
Enterprise Group Inc (TSE:E) shares hit a new 52-week low during trading on Friday . The stock traded as low as C$0.37 and last traded at C$0.37, with a volume of 24200 shares traded. The stock had previously closed at C$0.40.
Best Stocks To Invest In Right Now: Pacific American Income Shares, Inc.(PAI)
Advisors' Opinion:- [By Max Byerly]
PCHAIN (CURRENCY:PAI) traded up 0.3% against the dollar during the 24 hour period ending at 0:00 AM E.T. on June 23rd. One PCHAIN token can now be bought for about $0.0807 or 0.00001322 BTC on exchanges including Bibox, IDEX and Hotbit. PCHAIN has a total market capitalization of $0.00 and $2.46 million worth of PCHAIN was traded on exchanges in the last 24 hours. During the last week, PCHAIN has traded 18.4% lower against the dollar.
- [By Shane Hupp]
Project Pai (CURRENCY:PAI) traded down 6.5% against the US dollar during the 1 day period ending at 22:00 PM ET on July 11th. In the last week, Project Pai has traded flat against the US dollar. One Project Pai coin can currently be purchased for approximately $1.05 or 0.00016577 BTC on cryptocurrency exchanges including LBank, Bitfinex and Huobi. Project Pai has a total market capitalization of $0.00 and $86.99 million worth of Project Pai was traded on exchanges in the last day.
- [By Stephan Byrd]
PCHAIN (CURRENCY:PAI) traded down 1.2% against the dollar during the 1 day period ending at 0:00 AM E.T. on August 19th. PCHAIN has a market cap of $12.30 million and approximately $1.53 million worth of PCHAIN was traded on exchanges in the last 24 hours. Over the last week, PCHAIN has traded 9.6% lower against the dollar. One PCHAIN token can now be bought for about $0.0281 or 0.00000432 BTC on major exchanges including Bilaxy, Hotbit, DDEX and DEx.top.
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