Oxford Asset Management LLP Purchases New Position in Hewlett Packard Enterprise (NYSE:HPE)

Oxford Asset Management LLP acquired a new stake in Hewlett Packard Enterprise (NYSE:HPE - Free Report) in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund acquired 16,944 shares of the technology company's stock, valued at approximately $362,000.

A number of other large investors also recently bought and sold shares of HPE. Hara Capital LLC acquired a new stake in shares of Hewlett Packard Enterprise in the fourth quarter worth approximately $28,000. Tandem Financial LLC purchased a new stake in Hewlett Packard Enterprise in the 4th quarter valued at about $32,000. Conquis Financial LLC acquired a new position in shares of Hewlett Packard Enterprise in the 4th quarter worth approximately $41,000. R Squared Ltd purchased a new position in shares of Hewlett Packard Enterprise during the fourth quarter worth $45,000. Finally, Tompkins Financial Corp grew its position in Hewlett Packard Enterprise by 397.9% in the 4th quarter. Tompkins Financial Corp now owns 2,878 shares of the technology company's stock valued at $61,000 after acquiring an additional 2,300 shares in the last quarter. 80.78% of the stock is owned by institutional investors and hedge funds.

Insiders Place Their Bets

In other news, Director Bethany Mayer sold 6,409 shares of the stock in a transaction on Friday, April 4th. The shares were sold at an average price of $13.19, for a total value of $84,534.71. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link. Company insiders own 0.36% of the company's stock.

Analyst Ratings Changes

Several equities research analysts recently weighed in on HPE shares. Barclays decreased their target price on Hewlett Packard Enterprise from $27.00 to $20.00 and set an "overweight" rating for the company in a research note on Friday, March 7th. Wells Fargo & Company lowered their price target on Hewlett Packard Enterprise from $22.00 to $17.00 and set an "equal weight" rating on the stock in a report on Friday, March 7th. Susquehanna reduced their price objective on shares of Hewlett Packard Enterprise from $20.00 to $15.00 and set a "neutral" rating on the stock in a research note on Friday, March 7th. Daiwa America downgraded Hewlett Packard Enterprise from a "strong-buy" rating to a "hold" rating in a research report on Wednesday, March 12th. Finally, StockNews.com lowered shares of Hewlett Packard Enterprise from a "buy" rating to a "hold" rating in a research report on Friday, March 7th. Ten analysts have rated the stock with a hold rating, six have assigned a buy rating and one has issued a strong buy rating to the stock. According to MarketBeat, the stock presently has an average rating of "Hold" and an average price target of $20.60.

Hewlett Packard Enterprise Stock Performance

NYSE:HPE traded up $0.49 during mid-day trading on Friday, hitting $16.90. 7,727,808 shares of the company's stock traded hands, compared to its average volume of 16,958,841. The firm has a market capitalization of $22.19 billion, a price-to-earnings ratio of 8.90, a price-to-earnings-growth ratio of 2.03 and a beta of 1.20. The firm has a 50 day moving average of $15.90 and a two-hundred day moving average of $19.60. The company has a current ratio of 1.29, a quick ratio of 0.99 and a debt-to-equity ratio of 0.54. Hewlett Packard Enterprise has a 12 month low of $11.97 and a 12 month high of $24.66.

Hewlett Packard Enterprise Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Friday, April 18th. Investors of record on Friday, March 21st were given a dividend of $0.13 per share. This represents a $0.52 dividend on an annualized basis and a yield of 3.08%. The ex-dividend date was Friday, March 21st. Hewlett Packard Enterprise's dividend payout ratio (DPR) is currently 25.37%.

Hewlett Packard Enterprise Profile

Hewlett Packard Enterprise Company provides solutions that allow customers to capture, analyze, and act upon data seamlessly in the Americas, Europe, the Middle East, Africa, the Asia Pacific, and Japan. It operates in six segments: Compute, HPC & AI, Storage, Intelligent Edge, Financial Services, and Corporate Investments and Other.