{"id":428078,"date":"2022-04-07T18:44:17","date_gmt":"2022-04-07T15:44:17","guid":{"rendered":"https:\/\/en.buradabiliyorum.com\/hps-stock-hits-record-after-warren-buffett-discloses-stake\/"},"modified":"2022-04-07T18:44:17","modified_gmt":"2022-04-07T15:44:17","slug":"hps-stock-hits-record-after-warren-buffett-discloses-stake","status":"publish","type":"post","link":"https:\/\/buradabiliyorum.com\/en\/hps-stock-hits-record-after-warren-buffett-discloses-stake\/","title":{"rendered":"#HP&#8217;s stock hits record after Warren Buffett discloses stake"},"content":{"rendered":"<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_84 counter-hierarchy ez-toc-counter ez-toc-custom ez-toc-container-direction\">\n<p class=\"ez-toc-title\" style=\"cursor:inherit\">Table of Contents<\/p>\n<label for=\"ez-toc-cssicon-toggle-item-6a261df2dc823\" class=\"ez-toc-cssicon-toggle-label\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #dd3333;color:#dd3333\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #dd3333;color:#dd3333\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/label><input type=\"checkbox\"  id=\"ez-toc-cssicon-toggle-item-6a261df2dc823\" checked aria-label=\"Toggle\" \/><nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-1'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/buradabiliyorum.com\/en\/hps-stock-hits-record-after-warren-buffett-discloses-stake\/#%E2%80%9CHPs_stock_hits_record_after_Warren_Buffett_discloses_stake%E2%80%9D\" >&#8220;HP&#8217;s stock hits record after Warren Buffett discloses stake&#8221;<\/a><\/li><\/ul><\/nav><\/div>\n<h1><span class=\"ez-toc-section\" id=\"%E2%80%9CHPs_stock_hits_record_after_Warren_Buffett_discloses_stake%E2%80%9D\"><\/span>&#8220;HP&#8217;s stock hits record after Warren Buffett discloses stake&#8221;<span class=\"ez-toc-section-end\"><\/span><\/h1>\n<div>\n<aside class=\"single__inline-module alignleft\">\n<\/aside>\n<p>HP\u2019s\u00a0stock soared to a record high on Thursday after Warren Buffett\u2019s Berkshire Hathaway revealed it had taken an 11.4% stake valued at about $4.2 billion in the maker of personal computers and printers.<\/p>\n<p>Berkshire said on Wednesday night it owned nearly 121 million HP shares, including 11.1 million purchased this week.<\/p>\n<p>Shares of HP were up $5.28, or 15%, at $40.19 in early trading on Thursday, after earlier reaching a record $40.50.<\/p>\n<p>Separated in 2015 from the former Hewlett-Packard, HP is a traditional <a href=\"https:\/\/buradabiliyorum.com\/en\/category\/technology\/\" data-internallinksmanager029f6b8e52c=\"4\" title=\"Technology\" target=\"_blank\" rel=\"noopener\">technology<\/a> stock that has benefited from increased demand as people spend more time working and being schooled at home.<\/p>\n<p>The Palo Alto, Calif.-based company agreed last month to buy audio and video accessories maker Poly, once known as Plantronics, for $1.7 billion.\u00a0<\/p>\n<p>Buffett has until recently struggled to deploy more of the $146.7 billion cash pile his Omaha, Neb.-based conglomerate had accumulated, citing high market valuations and competition from private equity and other investors.<\/p>\n<figure class=\"wp-block-image size-large\"><img decoding=\"async\" loading=\"lazy\" width=\"1024\" height=\"682\" src=\"https:\/\/nypost.com\/wp-content\/uploads\/sites\/2\/2022\/04\/buffet-80.jpg?w=1024\" alt=\"Warren Buffett\" class=\"wp-image-21815758\" srcset=\"https:\/\/nypost.com\/wp-content\/uploads\/sites\/2\/2022\/04\/buffet-80.jpg?quality=75&amp;strip=all&amp;w=1535 1536w, https:\/\/nypost.com\/wp-content\/uploads\/sites\/2\/2022\/04\/buffet-80.jpg?quality=75&amp;strip=all 1024w, https:\/\/nypost.com\/wp-content\/uploads\/sites\/2\/2022\/04\/buffet-80.jpg?quality=75&amp;strip=all&amp;w=512 512w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\"\/><figcaption>In the last month, Berkshire said it has committed <a href=\"https:\/\/buradabiliyorum.com\/en\/category\/download-scripts-themes-apps\/\" data-internallinksmanager029f6b8e52c=\"9\" title=\"Download Scripts &amp; Themes &amp; Apps\" target=\"_blank\" rel=\"noopener\">app<\/a>roximately $22 billion to major new investments.<\/figcaption><figcaption><span class=\"credit\">WireImage<\/span><\/figcaption><\/figure>\n<p>But in the last month, Berkshire said it has committed approximately $22 billion to major new investments.<\/p>\n<p>These include a 14.6% stake in Occidental Petroleum Corp.\u00a0and an $11.6 billion purchase of insurer Alleghany Corp., Berkshire\u2019s largest acquisition since 2016.<\/p>\n<p>Buffett\u2019s company also owns dozens of businesses including Geico auto insurance and the BNSF railroad, and ended 2021 with a $161.2 billion stake in iPhone maker Apple.<\/p>\n<p>\u201cBerkshire Hathaway is one of the world\u2019s most respected investors and we welcome them as an investor,\u201d HP said in a statement.<\/p>\n<figure class=\"wp-block-image size-large\"><img decoding=\"async\" loading=\"lazy\" width=\"1024\" height=\"682\" src=\"https:\/\/nypost.com\/wp-content\/uploads\/sites\/2\/2022\/04\/hp-82.jpg?w=1024\" alt=\"HP logo\" class=\"wp-image-21815774\" srcset=\"https:\/\/nypost.com\/wp-content\/uploads\/sites\/2\/2022\/04\/hp-82.jpg?quality=75&amp;strip=all&amp;w=1535 1536w, https:\/\/nypost.com\/wp-content\/uploads\/sites\/2\/2022\/04\/hp-82.jpg?quality=75&amp;strip=all 1024w, https:\/\/nypost.com\/wp-content\/uploads\/sites\/2\/2022\/04\/hp-82.jpg?quality=75&amp;strip=all&amp;w=512 512w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\"\/><figcaption>HP is a traditional technology stock that has benefited from increased demand as people spend more time working and being schooled at home.<\/figcaption><figcaption><span class=\"credit\">picture alliance via Getty Image<\/span><\/figcaption><\/figure>\n<p>Berkshire did not im<a href=\"https:\/\/buradabiliyorum.com\/en\/category\/social-mediaa\/\" data-internallinksmanager029f6b8e52c=\"1\" title=\"Social Media\" target=\"_blank\" rel=\"noopener\">media<\/a>tely respond to requests for comment.<\/p>\n<p>Morningstar analyst Mark Cash said HP might appeal to Berkshire because HP is aggressively returning capital to shareholders through stock buybacks and higher dividends.<\/p>\n<p>\u201cHP operates in markets that are challenging to (durably) grow at heightened rates, so focusing on margins and returns are the best way to reward shareholders,\u201d Cash said. \u201cWithin tech, HP can be considered a value play.\u201d<\/p>\n<p>Berkshire repurchased $27 billion of its own stock in 2021.\n                        <\/p><\/div>\n<blockquote><p><strong><span style=\"color: #ff6600;\">If you liked the article, do not forget to share it with your friends. Follow us on\u00a0<span style=\"color: #ff0000;\"><a style=\"color: #ff0000;\" href=\"https:\/\/news.google.com\/publications\/CAAqBwgKMLG0nwswvr63Aw\" target=\"_blank\" rel=\"nofollow noopener noreferrer\">Google News<\/a><\/span>\u00a0too, click on the star and choose us from your favorites.<\/span><\/strong><\/p><\/blockquote>\n<blockquote>\n<p style=\"text-align: center;\">For forums sites go to <span style=\"color: #ff9900;\"><a style=\"color: #ff9900;\" href=\"https:\/\/forum.buradabiliyorum.com\/\" target=\"_blank\" rel=\"noopener\">Forum.BuradaBiliyorum.Com<\/a><\/span><\/strong><\/p>\n<\/blockquote>\n<blockquote>\n<p style=\"text-align: center;\"><strong>If you want to read more <a href=\"https:\/\/buradabiliyorum.com\/en\/category\/news\/\" data-internallinksmanager029f6b8e52c=\"2\" title=\"News\" target=\"_blank\" rel=\"noopener\">News<\/a> articles, you can visit our <span style=\"color: #ff9900;\"><a style=\"color: #ff9900;\" href=\"https:\/\/en.buradabiliyorum.com\/news\/\" target=\"_blank\" rel=\"noopener\">News category.<\/a><\/span><\/strong><\/p>\n<\/blockquote>\n<p><span style=\"color: black;\"><a style=\"color: #ff9900;\" href=\"https:\/\/nypost.com\/2022\/04\/07\/hps-stock-hits-record-after-warren-buffett-discloses-stake\/\" target=\"_blank\" rel=\"noopener\">Source<\/a><\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>&#8220;HP&#8217;s stock hits record after Warren Buffett discloses stake&#8221; HP\u2019s\u00a0stock soared to a record high on Thursday after Warren Buffett\u2019s Berkshire Hathaway revealed it had taken an 11.4% stake valued at about $4.2 billion in the maker of personal computers and printers. Berkshire said on Wednesday night it owned nearly 121 million HP shares, including&#8230;<\/p>\n","protected":false},"author":1,"featured_media":428079,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"fifu_image_url":"https:\/\/nypost.com\/wp-content\/uploads\/sites\/2\/2022\/04\/buffet-hp.jpg?quality=75&strip=all&w=1024","fifu_image_alt":"","footnotes":""},"categories":[70897],"tags":[127661,70758,127703,70359,70760],"class_list":["post-428078","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","tag-4-7-22","tag-berkshire-hathaway","tag-hewlett-packard","tag-stocks","tag-warren-buffett"],"_links":{"self":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/428078","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/comments?post=428078"}],"version-history":[{"count":0,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/428078\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media\/428079"}],"wp:attachment":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media?parent=428078"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/categories?post=428078"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/tags?post=428078"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}