Financial Institutions Buying Hewlett-Packard’s Stock in Third Quarter
Insiders are generally long-term investors due to restriction in making short-term profits. In contrast, wealth management institutions always have short-term investment. Wall St. Watchdog reveals information regarding the insiders and institutions which recently increased stock shares of Hewlett-Packard Company (NYSE:HPQ).
SEC data indicate that these institutions significantly increased their stock shares of Hewlett-Packard Company in Q3 2011:
BAUPOST GROUP LLC/MA: On 06/30/2011, held 0 shares. On 09/30/2011, held 20,750,000 shares, worth $465,837,500.
RELATIONAL INVESTORS LLC: On 06/30/2011, held 0 shares. On 09/30/2011, held 17,528,200 shares, worth $393,508,090.
PAULSON MANAGEMENT LLC: On 06/30/2011, held 0 shares. On 09/30/2011, held 15,173,300 shares, worth $340,640,585.
INTERNATIONAL VALUE ADVISERS, LLC: On 06/30/2011, held 0 shares. On 09/30/2011, held 9,522,006 shares, worth $213,769,035.
THORNBURG INVESTMENT MANAGEMENT INC: On 06/30/2011, held 0 shares. On 09/30/2011, held 7,560,777 shares, worth $169,739,444.
About the company: Hewlett-Packard Company provides imaging and printing systems, computing systems, and information technology services for business and home. The Company’s products include laser and inkjet printers, scanners, copiers and faxes, personal computers, workstations, storage solutions, and other computing and printing systems. Hewlett-Packard sells its products worldwide.
Competitors to Watch: Dell Inc. (NASDAQ:DELL), Apple Inc. (NASDAQ:AAPL), Oracle Corporation (NASDAQ:ORCL), Microsoft Corporation (NASDAQ:MSFT), Cisco Systems, Inc. (NASDAQ:CSCO), Intl. Business Machines Corp. (NYSE:IBM), EMC Corporation (NYSE:EMC), Super Micro Computer, Inc. (NASDAQ:SMCI), RadiSys Corporation (NASDAQ:RSYS), and Silicon Graphics Intl. Corp (NASDAQ:SGI).
(Note: Data regarding Hewlett-Packard Company’s stock holdings are sourced from whalewisdom.com. All data are assumed to be accurate.)
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