버크셔 헤서웨이 HP 주식 11% 매수

2022.04.06

2022년4월8일 현재 HP 주가는 38.63달러이고 시가총액은 406.92억달러(원화 약 48.83조원)이다.

4월6일 워렌버핏이 회장으로 있는 버크셔 헤서웨이는 HP 주식 11%,

42억달러(원화 약 5.04조원어치) 매수했다고 발표했다.

 

매수 목적은 알려지지 않았다.

 

 

 

 

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Berkshire Hathaway Takes 11% Stake in HP (investopedia.com)

버크셔 헤서웨이 HP 주식 11% 매수.

 

Berkshire Hathaway Inc. (BRK.A, BRK.B) has taken an 11% stake in tech hardware maker HP Inc. (HPQ), according to SEC Form 4 filings. Through April 6, 2022, Berkshire had acquired nearly 121 million shares of HP, which were worth about $4.2 billion as of the close on that date. Moreover, Berkshire is now the largest shareholder in HP.

 

버크셔 헤서웨이는 2022년4월6일 42억달러 상당의 HP 주식 11%인 121백만주식을 매입했다고 발표했다.

 

In morning trading on April 7, shares of HP were up by about 17% from the previous close, having jumped 15% in pre-market trading. HP stock had been a market laggard, its shares up by less than 50% since October 2009.3

 

KEY TAKEAWAYS

• Berkshire Hathaway (BRK.A, BRK.B) has taken an 11% stake in tech hardware maker HP Inc. (HPQ).
• 컴퓨터 생산업체 HP 주식 지분 11% 매수.
•  
• This "validates HPQ's strategy/deep value" writes one analyst.
• It also makes Berkshire the largest shareholder in HP.
• 이로서 버크셔 헤서웨이는 HP 최대 주주로 등극.
•  
• In his annual letter released on Feb. 28, 2022, Warren Buffett said that Berkshire was finding "little that excites us" in terms of possible investments
• 지난 2월28일 투자자들에게 보낸 연례 편지에서는 워렌버핏은 흥미있는 주식이 거의 없다고 하였다.
•  
• However, Berkshire has made three big investments since then.
• 하지만 그후로 3갱의 큰 투자를 하였다.

Berkshire Finds Value

It is unclear whether Berkshire CEO Warren Buffett initiated the decision to invest in HP or if it was executed by one of his two portfolio managers, Todd Combs and Ted Weschler. Buffett traditionally has had the final word on larger transactions.1

 

The investment in HP is also another sign that Berkshire is finding value in U.S. stock market, after a comment by Buffett in his 2021 annual letter, released in February 2022, that the firm was finding "little that excites us." The purchase of HP shares follows a recent investment of $7.5 billion in Occidental Petroleum Corporation (OXY) stock and an $11.6 billion takeover of insurer Alleghany Corporation (Y).1

 

'Validates HPQ's Strategy/Deep Value'

"We view Berkshire buying HPQ shares as a positive that validates HPQ's strategy/deep value," wrote Amit Daryanani, a tech analyst at Evercore ISI, in a note to clients. HP also has one of the largest share buyback programs among companies that Daryanani covers, and this is another reason why he believes that Berkshire's stake "makes sense."43

 

About HP

HP has product lines that include: commercial and consumer desktop and notebook personal computers; workstations; thin clients; commercial tablets and mobility devices; retail point-of-sale systems, displays, and other related accessories; consumer and commercial printer hardware, supplies, solutions, and services; and scanning devices. HP also offers software, support, and services for the commercial and consumer markets. It also has HP Labs and certain business incubation projects.5 The company was founded by William R. Hewlett and David Packard in 1939 and is headquartered in Palo Alto, California.

 

Hewlett Packard Enterprise Company (HPE), headquartered in Spring, Texas, is a separate corporate entity spun out of the old Hewlett-Packard.

 

'Secular Tailwinds Associated With Hybrid'

HP seeks to expand product offerings to take advantage of the global shift toward hybrid work. CEO Enrique Lores told investors in late February 2022: "We continue to see very strong demand, driven in large part by the secular tailwinds associated with hybrid. The way people work and live has fundamentally changed and we see this trend continuing across our segments ... Consumers are investing to improve their home office setups as hybrid work becomes the norm."6

 

Driven by the shift to hybrid work, HP expects the personal computer (PC) market to be worth about $560 billion by 2024. Other growth areas are gaming and 3D printing. In March 2022, HP agreed to buy Plantronics Inc. (POLY), which sells phone headsets and audio and video accessories, in a $3.3 billion deal also spurred by the rise of remote work.7