Centiva Capital LP Buys 106,181 Shares of Hewlett Packard Enterprise (NYSE:HPE)

Centiva Capital LP raised its position in Hewlett Packard Enterprise (NYSE:HPE - Free Report) by 480.2% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 128,291 shares of the technology company's stock after acquiring an additional 106,181 shares during the quarter. Centiva Capital LP's holdings in Hewlett Packard Enterprise were worth $2,739,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Wilmington Savings Fund Society FSB purchased a new position in Hewlett Packard Enterprise during the third quarter worth $507,000. Synovus Financial Corp grew its stake in Hewlett Packard Enterprise by 7.9% during the 3rd quarter. Synovus Financial Corp now owns 23,751 shares of the technology company's stock worth $486,000 after buying an additional 1,732 shares during the last quarter. Principal Financial Group Inc. lifted its position in shares of Hewlett Packard Enterprise by 4.6% during the 3rd quarter. Principal Financial Group Inc. now owns 1,561,022 shares of the technology company's stock valued at $31,939,000 after acquiring an additional 68,892 shares during the period. GAMMA Investing LLC lifted its position in Hewlett Packard Enterprise by 57.2% during the fourth quarter. GAMMA Investing LLC now owns 15,521 shares of the technology company's stock worth $331,000 after buying an additional 5,646 shares during the period. Finally, Nordea Investment Management AB grew its holdings in Hewlett Packard Enterprise by 35.1% during the 4th quarter. Nordea Investment Management AB now owns 7,253,035 shares of the technology company's stock valued at $155,142,000 after purchasing an additional 1,885,559 shares in the last quarter. 80.78% of the stock is owned by hedge funds and other institutional investors.

Hewlett Packard Enterprise Stock Performance

Shares of NYSE HPE opened at $16.69 on Tuesday. Hewlett Packard Enterprise has a 52 week low of $11.97 and a 52 week high of $24.66. The stock has a market capitalization of $21.92 billion, a PE ratio of 8.78, a price-to-earnings-growth ratio of 2.03 and a beta of 1.29. The stock has a 50 day moving average price of $15.76 and a 200 day moving average price of $19.53. The company has a debt-to-equity ratio of 0.54, a quick ratio of 0.99 and a current ratio of 1.29.

Hewlett Packard Enterprise Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Friday, April 18th. Shareholders of record on Friday, March 21st were paid a $0.13 dividend. The ex-dividend date was Friday, March 21st. This represents a $0.52 dividend on an annualized basis and a yield of 3.12%. Hewlett Packard Enterprise's dividend payout ratio (DPR) is presently 25.37%.

Analyst Ratings Changes

Several research firms recently commented on HPE. Barclays cut their target price on shares of 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. Daiwa America lowered shares of Hewlett Packard Enterprise from a "strong-buy" rating to a "hold" rating in a research note on Wednesday, March 12th. Morgan Stanley cut shares of Hewlett Packard Enterprise from an "overweight" rating to an "equal weight" rating and set a $14.00 price target for the company. in a research report on Tuesday, April 8th. Bank of America reduced their price objective on Hewlett Packard Enterprise from $26.00 to $20.00 and set a "buy" rating for the company in a research note on Friday, March 7th. Finally, Daiwa Capital Markets lowered Hewlett Packard Enterprise from an "outperform" rating to a "neutral" rating and set a $16.00 price target for the company. in a research note on Wednesday, March 12th. Ten analysts have rated the stock with a hold rating, six have issued a buy rating and one has given a strong buy rating to the stock. According to data from MarketBeat, the company has an average rating of "Hold" and an average target price of $20.60.

Insider Activity at Hewlett Packard Enterprise

In other news, Director Bethany Mayer sold 6,409 shares of Hewlett Packard Enterprise stock in a transaction that occurred 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 document filed with the Securities & Exchange Commission, which is available through this link. 0.36% of the stock is owned by corporate insiders.

Hewlett Packard Enterprise Company 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.

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