Tibra Equities Europe Ltd lessened its position in Hewlett Packard Enterprise Co (NYSE:HPE) by 23.3% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 106,000 shares of the technology company’s stock after selling 32,144 shares during the period. Tibra Equities Europe Ltd’s holdings in Hewlett Packard Enterprise were worth $1,400,000 at the end of the most recent quarter.
Several other institutional investors and hedge funds have also recently made changes to their positions in the company. State of Alaska Department of Revenue raised its stake in Hewlett Packard Enterprise by 1.2% in the 4th quarter. State of Alaska Department of Revenue now owns 320,003 shares of the technology company’s stock worth $4,226,000 after purchasing an additional 3,824 shares in the last quarter. Bank of New York Mellon Corp raised its stake in Hewlett Packard Enterprise by 10.9% in the 3rd quarter. Bank of New York Mellon Corp now owns 12,535,270 shares of the technology company’s stock worth $204,450,000 after purchasing an additional 1,229,369 shares in the last quarter. Calamos Advisors LLC raised its stake in Hewlett Packard Enterprise by 17.6% in the 4th quarter. Calamos Advisors LLC now owns 295,805 shares of the technology company’s stock worth $3,908,000 after purchasing an additional 44,286 shares in the last quarter. Legal & General Group Plc raised its stake in Hewlett Packard Enterprise by 0.7% in the 3rd quarter. Legal & General Group Plc now owns 8,301,473 shares of the technology company’s stock worth $135,376,000 after purchasing an additional 54,050 shares in the last quarter. Finally, Polaris Capital Management LLC grew its holdings in shares of Hewlett Packard Enterprise by 13.0% during the 4th quarter. Polaris Capital Management LLC now owns 1,164,065 shares of the technology company’s stock valued at $15,377,000 after purchasing an additional 134,300 shares during the last quarter. 82.01% of the stock is owned by institutional investors.
NYSE:HPE opened at $15.87 on Thursday. The company has a debt-to-equity ratio of 0.56, a quick ratio of 0.80 and a current ratio of 0.94. Hewlett Packard Enterprise Co has a 52 week low of $12.09 and a 52 week high of $18.89. The firm has a market capitalization of $21.76 billion, a PE ratio of 10.17, a PEG ratio of 1.54 and a beta of 1.60.
Hewlett Packard Enterprise (NYSE:HPE) last posted its quarterly earnings data on Thursday, February 21st. The technology company reported $0.42 EPS for the quarter, beating the Zacks’ consensus estimate of $0.35 by $0.07. Hewlett Packard Enterprise had a net margin of 2.11% and a return on equity of 11.31%. The company had revenue of $7.55 billion for the quarter, compared to analyst estimates of $7.68 billion. During the same period in the prior year, the firm posted $0.34 EPS. Equities research analysts forecast that Hewlett Packard Enterprise Co will post 1.63 earnings per share for the current year.
The business also recently announced a quarterly dividend, which will be paid on Wednesday, April 3rd. Investors of record on Wednesday, March 13th will be given a dividend of $0.1125 per share. The ex-dividend date of this dividend is Tuesday, March 12th. This represents a $0.45 dividend on an annualized basis and a dividend yield of 2.84%. Hewlett Packard Enterprise’s payout ratio is presently 28.85%.
In other Hewlett Packard Enterprise news, insider Philip Davis sold 13,974 shares of the company’s stock in a transaction on Friday, February 22nd. The shares were sold at an average price of $16.50, for a total transaction of $230,571.00. Following the transaction, the insider now owns 16,412 shares in the company, valued at $270,798. The transaction was disclosed in a filing with the SEC, which is accessible through this link. Also, SVP Kirt P. Karros sold 14,126 shares of the company’s stock in a transaction on Friday, January 25th. The stock was sold at an average price of $15.00, for a total transaction of $211,890.00. The disclosure for this sale can be found here. Insiders have sold a total of 1,702,360 shares of company stock worth $27,895,760 in the last quarter. 0.56% of the stock is owned by corporate insiders.
Several equities research analysts recently issued reports on HPE shares. Morgan Stanley lowered shares of Hewlett Packard Enterprise from an “overweight” rating to an “equal weight” rating and decreased their price target for the company from $21.00 to $15.00 in a report on Tuesday, January 15th. UBS Group lowered shares of Hewlett Packard Enterprise from a “neutral” rating to a “sell” rating and decreased their price target for the company from $17.00 to $13.00 in a report on Tuesday, March 12th. ValuEngine raised shares of Hewlett Packard Enterprise from a “sell” rating to a “hold” rating in a report on Tuesday, January 29th. Maxim Group decreased their price target on shares of Hewlett Packard Enterprise from $18.00 to $17.00 and set a “hold” rating on the stock in a report on Thursday, December 6th. Finally, BMO Capital Markets reissued a “hold” rating and set a $16.00 target price on shares of Hewlett Packard Enterprise in a report on Thursday, February 21st. Four equities research analysts have rated the stock with a sell rating, seven have given a hold rating and five have assigned a buy rating to the company. Hewlett Packard Enterprise has an average rating of “Hold” and a consensus target price of $17.27.
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Hewlett Packard Enterprise Company Profile
Hewlett Packard Enterprise Company operates as a technology company. The company operates through four segments: Hybrid IT, Intelligent Edge, Financial Services, and Corporate Investments. The Hybrid IT segment provides industry standard servers for multi-workload computing; mission-critical servers; converged storage solutions, including all-flash arrays and hybrid storage solutions; and traditional storage solutions comprising tape, storage networking, and disk products, such as HPE MSA and HPE XP.
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