HP stock is trading -14.08% below its average target price of $30.15 after dropping -1.2% during today's afternoon session. Analysts are giving the large-cap Computer Hardware company an average rating of hold and target prices ranging from $23.0 to $39.0 per share.
HP's short interest — meaning the percentage of the share float that is being shorted — is lower than average at 2.0%. The stock's short ratio is 2.12. The company's insiders own 0.2% of its outstanding shares, which indicates a strong alignment between management and shareholder interests.
Another number to watch is the company's rate of institutional share ownership, which now stands at 80.2%. In conclusion, we believe there is mixed market sentiment regarding HP.
Institutions Invested in HP
|2023-06-30||Berkshire Hathaway, Inc||12%||120,952,818||$3,133,282,833|
|2023-06-30||Vanguard Group Inc||11%||104,626,327||$2,710,345,072|
|2023-06-30||State Street Corporation||4%||44,433,277||$1,151,044,071|
|2023-06-30||Dodge & Cox Inc||4%||39,509,098||$1,023,483,210|
|2023-06-30||Primecap Management Company||2%||20,948,295||$542,665,596|
|2023-06-30||Geode Capital Management, LLC||2%||19,328,389||$500,701,930|
|2023-06-30||Dimensional Fund Advisors LP||1%||13,150,599||$340,666,276|
|2023-06-30||Lsv Asset Management||1%||12,844,710||$332,742,221|