BlackRock Amends HPE Stake, Signals Continued Confidence
Ticker: HPE-PC · Form: SC 13G/A · Filed: Jan 24, 2024 · CIK: 1645590
| Field | Detail |
|---|---|
| Company | Hewlett Packard Enterprise Co (HPE-PC) |
| Form Type | SC 13G/A |
| Filed Date | Jan 24, 2024 |
| Risk Level | low |
| Sentiment | neutral |
Complexity: simple
Sentiment: neutral
Topics: institutional-ownership, amendment, passive-investing
TL;DR
**BlackRock updated its HPE holdings, showing it's still a major player.**
AI Summary
BlackRock, Inc. filed an amended SC 13G/A on January 24, 2024, indicating its ownership of Hewlett Packard Enterprise Co. common stock as of December 31, 2023. This filing, Amendment No. 10, updates their previous disclosures regarding their stake in the company. For investors, this means a major institutional investor like BlackRock continues to hold a significant position in Hewlett Packard Enterprise, which can be seen as a vote of confidence in the company's long-term prospects.
Why It Matters
This filing shows that BlackRock, a massive investment firm, still holds a substantial amount of Hewlett Packard Enterprise stock, which can influence other investors' perceptions and potentially the stock's stability.
Risk Assessment
Risk Level: low — This is a routine amendment filing by a large institutional investor and does not indicate any immediate negative or positive risk.
Analyst Insight
An investor should note that BlackRock continues to hold a position in Hewlett Packard Enterprise, suggesting ongoing institutional interest. However, this filing alone doesn't provide details on changes in the number of shares held, so further investigation into BlackRock's specific share count would be needed for a more complete picture.
Key Players & Entities
- BlackRock, Inc. (company) — the reporting person and institutional investor
- Hewlett Packard Enterprise Co (company) — the subject company whose securities are being reported
- December 31, 2023 (date) — the date of the event requiring the filing
- January 24, 2024 (date) — the filing date of the SC 13G/A
FAQ
What type of filing is this document?
This document is an SC 13G/A, which is an amendment to a Schedule 13G filing, as indicated by 'FORM TYPE: SC 13G/A' and '(Amendment No: 10)' in the filing.
Who is the reporting person in this filing?
The reporting person is BlackRock, Inc., as stated under '(1)Names of reporting persons. BlackRock, Inc.' in the filing.
What is the subject company whose securities are being reported?
The subject company is Hewlett Packard Enterprise Co, as identified under '(Name of Issuer) HEWLETT PACKARD ENTERPRISE CO' in the filing.
What was the date of the event that required this filing?
The date of the event which required this filing was December 31, 2023, as stated under '(Date of Event Which Requires Filing of this Statement) December 31, 2023'.
What is the CUSIP number for the securities reported?
The CUSIP number for the Common Stock of Hewlett Packard Enterprise Co is 42824C109, as listed under '(CUSIP Number) 42824C109'.
Filing Details
This Form SC 13G/A (Form SC 13G/A) was filed with the SEC on January 24, 2024 regarding Hewlett Packard Enterprise Co (HPE-PC).