Achmea Investment Management B.V. Sells 86,178 Shares of Hewlett Packard Enterprise Company (NYSE:HPE)

Achmea Investment Management B.V. trimmed its position in Hewlett Packard Enterprise Company (NYSE:HPE - Free Report) by 21.3% during the first quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 318,385 shares of the technology company's stock after selling 86,178 shares during the quarter. Achmea Investment Management B.V.'s holdings in Hewlett Packard Enterprise were worth $4,913,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently modified their holdings of the company. Aviso Financial Inc. lifted its position in shares of Hewlett Packard Enterprise by 0.9% in the fourth quarter. Aviso Financial Inc. now owns 54,060 shares of the technology company's stock valued at $1,154,000 after buying an additional 490 shares during the last quarter. Forum Financial Management LP lifted its holdings in Hewlett Packard Enterprise by 2.2% during the 4th quarter. Forum Financial Management LP now owns 23,639 shares of the technology company's stock valued at $505,000 after purchasing an additional 515 shares during the last quarter. Huntington National Bank boosted its position in Hewlett Packard Enterprise by 3.1% during the fourth quarter. Huntington National Bank now owns 17,463 shares of the technology company's stock worth $373,000 after purchasing an additional 529 shares during the period. Meridian Investment Counsel Inc. increased its holdings in shares of Hewlett Packard Enterprise by 3.6% in the fourth quarter. Meridian Investment Counsel Inc. now owns 17,232 shares of the technology company's stock valued at $368,000 after purchasing an additional 599 shares during the last quarter. Finally, Colonial Trust Co SC raised its position in shares of Hewlett Packard Enterprise by 16.4% in the fourth quarter. Colonial Trust Co SC now owns 4,420 shares of the technology company's stock valued at $94,000 after purchasing an additional 622 shares during the period. 80.78% of the stock is owned by institutional investors.

Insider Buying and Selling at Hewlett Packard Enterprise

In other news, EVP Phil Mottram sold 30,000 shares of the company's stock in a transaction that occurred on Monday, June 30th. The shares were sold at an average price of $20.54, for a total transaction of $616,200.00. Following the completion of the sale, the executive vice president owned 42,427 shares of the company's stock, valued at approximately $871,450.58. This represents a 41.42% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, SVP Jeremy Cox sold 68,590 shares of Hewlett Packard Enterprise stock in a transaction that occurred on Friday, June 27th. The shares were sold at an average price of $18.44, for a total transaction of $1,264,799.60. The disclosure for this sale can be found here. Insiders have sold a total of 134,999 shares of company stock valued at $2,520,534 in the last ninety days. 0.36% of the stock is currently owned by company insiders.

Hewlett Packard Enterprise Price Performance

NYSE:HPE traded up $0.06 during trading hours on Tuesday, reaching $20.51. 26,394,478 shares of the company were exchanged, compared to its average volume of 16,723,037. The business has a 50 day moving average of $17.48 and a 200 day moving average of $18.59. Hewlett Packard Enterprise Company has a 1-year low of $11.97 and a 1-year high of $24.66. The company has a debt-to-equity ratio of 0.52, a current ratio of 1.29 and a quick ratio of 0.96. The company has a market capitalization of $26.91 billion, a P/E ratio of 20.72, a P/E/G ratio of 2.96 and a beta of 1.35.

Hewlett Packard Enterprise (NYSE:HPE - Get Free Report) last released its earnings results on Tuesday, June 3rd. The technology company reported $0.38 earnings per share for the quarter, beating analysts' consensus estimates of $0.33 by $0.05. The firm had revenue of $7.63 billion during the quarter, compared to the consensus estimate of $7.51 billion. Hewlett Packard Enterprise had a return on equity of 9.59% and a net margin of 4.60%. The company's revenue was up 5.9% compared to the same quarter last year. During the same period in the prior year, the company posted $0.42 EPS. Research analysts forecast that Hewlett Packard Enterprise Company will post 1.85 EPS for the current year.

Hewlett Packard Enterprise Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, July 17th. Shareholders of record on Wednesday, June 18th will be paid a dividend of $0.13 per share. The ex-dividend date of this dividend is Wednesday, June 18th. This represents a $0.52 dividend on an annualized basis and a yield of 2.54%. Hewlett Packard Enterprise's payout ratio is 52.53%.

Wall Street Analyst Weigh In

Several analysts recently commented on HPE shares. Daiwa America downgraded shares of Hewlett Packard Enterprise from a "strong-buy" rating to a "hold" rating in a report on Wednesday, March 12th. Loop Capital raised their price objective on shares of Hewlett Packard Enterprise from $16.00 to $18.00 and gave the stock a "hold" rating in a research report on Monday, June 9th. UBS Group upped their target price on Hewlett Packard Enterprise from $16.00 to $18.00 and gave the company a "neutral" rating in a research report on Wednesday, June 4th. Raymond James Financial increased their target price on Hewlett Packard Enterprise from $23.00 to $26.00 and gave the stock a "strong-buy" rating in a research note on Wednesday, June 4th. Finally, KeyCorp assumed coverage on Hewlett Packard Enterprise in a research note on Thursday, June 26th. They issued a "sector weight" rating for the company. Nine 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's stock. According to data from MarketBeat, the company presently has a consensus rating of "Moderate Buy" and a consensus price target of $21.54.

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.