Banco Bilbao Vizcaya Argentaria S.A. Sells 46,322 Shares of Hewlett Packard Enterprise (NYSE:HPE)

Banco Bilbao Vizcaya Argentaria S.A. trimmed its holdings in Hewlett Packard Enterprise (NYSE:HPE - Free Report) by 6.5% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 670,869 shares of the technology company's stock after selling 46,322 shares during the period. Banco Bilbao Vizcaya Argentaria S.A. owned about 0.05% of Hewlett Packard Enterprise worth $14,322,000 as of its most recent filing with the Securities and Exchange Commission.

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

Hewlett Packard Enterprise Stock Down 1.5 %

Shares of NYSE:HPE traded down $0.25 during trading on Wednesday, hitting $16.06. 5,414,305 shares of the company were exchanged, compared to its average volume of 16,895,032. The company has a current ratio of 1.29, a quick ratio of 0.99 and a debt-to-equity ratio of 0.54. The firm has a fifty day moving average price of $16.09 and a two-hundred day moving average price of $19.66. The stock has a market cap of $21.10 billion, a price-to-earnings ratio of 8.45, a P/E/G ratio of 2.03 and a beta of 1.20. Hewlett Packard Enterprise has a fifty-two week low of $11.97 and a fifty-two week high of $24.66.

Hewlett Packard Enterprise Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, April 18th. Shareholders of record on Friday, March 21st were issued a $0.13 dividend. This represents a $0.52 annualized dividend and a yield of 3.24%. The ex-dividend date of this dividend was Friday, March 21st. Hewlett Packard Enterprise's dividend payout ratio is currently 25.37%.

Insider Buying and Selling

In related news, Director Bethany Mayer sold 6,409 shares of the company's stock in a transaction that occurred on Friday, April 4th. The stock was 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 SEC, which can be accessed through this hyperlink. 0.36% of the stock is currently owned by company insiders.

Analysts Set New Price Targets

A number of research analysts have recently commented on the stock. Wells Fargo & Company cut their price target on shares of 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. Bank of America decreased their price target on Hewlett Packard Enterprise from $26.00 to $20.00 and set a "buy" rating for the company in a report on Friday, March 7th. Daiwa Capital Markets downgraded shares of Hewlett Packard Enterprise from an "outperform" rating to a "neutral" rating and set a $16.00 price objective on the stock. in a report on Wednesday, March 12th. Susquehanna dropped their target price on shares of Hewlett Packard Enterprise from $20.00 to $15.00 and set a "neutral" rating for the company in a report on Friday, March 7th. Finally, StockNews.com downgraded shares of Hewlett Packard Enterprise from a "buy" rating to a "hold" rating in a research note on Friday, March 7th. Ten investment analysts have rated the stock with a hold rating, six have issued a buy rating and one has assigned a strong buy rating to the company. According to data from MarketBeat, the stock has an average rating of "Hold" and an average target price of $20.60.

About Hewlett Packard Enterprise

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.