Czech National Bank Has $4.66 Million Position in Hewlett Packard Enterprise (NYSE:HPE)

Czech National Bank grew its stake in Hewlett Packard Enterprise (NYSE:HPE - Free Report) by 7.1% in the 1st quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 301,670 shares of the technology company's stock after buying an additional 20,092 shares during the quarter. Czech National Bank's holdings in Hewlett Packard Enterprise were worth $4,655,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently made changes to their positions in the stock. Putney Financial Group LLC acquired a new position in Hewlett Packard Enterprise during the fourth quarter worth $25,000. Hara Capital LLC acquired a new position in Hewlett Packard Enterprise during the fourth quarter worth $28,000. Ameriflex Group Inc. acquired a new position in Hewlett Packard Enterprise during the fourth quarter worth $31,000. Tandem Financial LLC acquired a new position in Hewlett Packard Enterprise during the fourth quarter worth $32,000. Finally, Elequin Capital LP acquired a new position in Hewlett Packard Enterprise during the fourth quarter worth $37,000. Institutional investors and hedge funds own 80.78% of the company's stock.

Insiders Place Their Bets

In other Hewlett Packard Enterprise news, Director Bethany Mayer sold 6,409 shares of the stock in a transaction dated Friday, April 4th. The shares were sold at an average price of $13.19, for a total transaction of $84,534.71. The sale was disclosed in a filing with the SEC, which can be accessed through this hyperlink. Corporate insiders own 0.36% of the company's stock.

Hewlett Packard Enterprise Stock Performance

HPE traded down $0.07 during trading on Thursday, hitting $17.78. The stock had a trading volume of 23,708,464 shares, compared to its average volume of 17,305,963. The company has a debt-to-equity ratio of 0.54, a current ratio of 1.29 and a quick ratio of 0.99. The company has a 50 day moving average price of $16.09 and a 200-day moving average price of $19.08. Hewlett Packard Enterprise has a one year low of $11.97 and a one year high of $24.66. The firm has a market cap of $23.35 billion, a price-to-earnings ratio of 9.36, a P/E/G ratio of 2.03 and a beta of 1.29.

Hewlett Packard Enterprise (NYSE:HPE - Get Free Report) last released its quarterly earnings results on Tuesday, June 3rd. The technology company reported $0.38 EPS for the quarter, beating the consensus estimate of $0.33 by $0.05. The business had revenue of $7.63 billion for the quarter, compared to the consensus estimate of $7.51 billion. Hewlett Packard Enterprise had a net margin of 8.56% and a return on equity of 8.94%. Hewlett Packard Enterprise'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 earnings per share. As a group, research analysts predict that Hewlett Packard Enterprise 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 is Wednesday, June 18th. This represents a $0.52 dividend on an annualized basis and a yield of 2.93%. Hewlett Packard Enterprise's payout ratio is 25.37%.

Analyst Ratings Changes

HPE has been the topic of several analyst reports. Bank of America dropped their price target on shares of Hewlett Packard Enterprise from $26.00 to $20.00 and set a "buy" rating on the stock in a research report on Friday, March 7th. Raymond James upped their price target on shares of Hewlett Packard Enterprise from $23.00 to $26.00 and gave the stock a "strong-buy" rating in a research report on Wednesday. Wells Fargo & Company upped their price target on shares of Hewlett Packard Enterprise from $17.00 to $20.00 and gave the stock an "equal weight" rating in a research report on Wednesday. Barclays upped their price target on shares of Hewlett Packard Enterprise from $20.00 to $24.00 and gave the stock an "overweight" rating in a research report on Wednesday. Finally, Wall Street Zen lowered shares of Hewlett Packard Enterprise from a "buy" rating to a "hold" rating in a research report on Friday, March 7th. Nine equities research analysts have rated the stock with a hold rating, seven have given a buy rating and one has assigned a strong buy rating to the company's stock. Based on data from MarketBeat.com, Hewlett Packard Enterprise has an average rating of "Moderate Buy" and an average target price of $21.33.

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.