Fintel reports that on September 27, 2024, B of A Securities downgraded their outlook for HP (SNSE:HPQCL) from Buy to Neutral.
What is the Fund Sentiment?
There are 2,022 funds or institutions reporting positions in HP. This is an increase of 119 owner(s) or 6.25% in the last quarter. Average portfolio weight of all funds dedicated to HPQCL is 0.24%, an increase of 21.52%. Total shares owned by institutions increased in the last three months by 3.53% to 847,428K shares.
What are Other Shareholders Doing?
Dodge & Cox holds 35,099K shares representing 3.64% ownership of the company. In its prior filing, the firm reported owning 35,351K shares , representing a decrease of 0.72%. The firm increased its portfolio allocation in HPQCL by 19.04% over the last quarter.
VTSMX - Vanguard Total Stock Market Index Fund Investor Shares holds 29,412K shares representing 3.05% ownership of the company. In its prior filing, the firm reported owning 29,552K shares , representing a decrease of 0.48%. The firm increased its portfolio allocation in HPQCL by 12.16% over the last quarter.
DODGX - Dodge & Cox Stock Fund holds 26,316K shares representing 2.73% ownership of the company. No change in the last quarter.
Bank Of America holds 23,637K shares representing 2.45% ownership of the company. In its prior filing, the firm reported owning 22,268K shares , representing an increase of 5.79%. The firm decreased its portfolio allocation in HPQCL by 71.17% over the last quarter.
Primecap Management holds 22,451K shares representing 2.33% ownership of the company. In its prior filing, the firm reported owning 21,131K shares , representing an increase of 5.88%. The firm increased its portfolio allocation in HPQCL by 19.51% over the last quarter.
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