Generali Investments CEE investicni spolecnost a.s. Has $3.70 Million Stake in Hewlett Packard Enterprise Company (NYSE:HPE)

Generali Investments CEE investicni spolecnost a.s. lifted its stake in shares of Hewlett Packard Enterprise Company (NYSE:HPE - Free Report) by 8.1% during the 1st quarter, according to its most recent Form 13F filing with the SEC. The fund owned 240,000 shares of the technology company's stock after purchasing an additional 18,000 shares during the period. Generali Investments CEE investicni spolecnost a.s.'s holdings in Hewlett Packard Enterprise were worth $3,703,000 as of its most recent filing with the SEC.

Several other large investors have also modified their holdings of HPE. Geode Capital Management LLC lifted its holdings in Hewlett Packard Enterprise by 2.2% in the fourth quarter. Geode Capital Management LLC now owns 32,173,982 shares of the technology company's stock worth $686,011,000 after acquiring an additional 681,242 shares during the last quarter. Northern Trust Corp lifted its holdings in Hewlett Packard Enterprise by 24.7% in the fourth quarter. Northern Trust Corp now owns 16,184,240 shares of the technology company's stock worth $345,534,000 after acquiring an additional 3,208,424 shares during the last quarter. Raymond James Financial Inc. bought a new position in Hewlett Packard Enterprise in the fourth quarter worth about $292,959,000. Boston Partners lifted its holdings in Hewlett Packard Enterprise by 19.1% in the fourth quarter. Boston Partners now owns 12,848,336 shares of the technology company's stock worth $276,075,000 after acquiring an additional 2,058,562 shares during the last quarter. Finally, Slate Path Capital LP lifted its holdings in Hewlett Packard Enterprise by 44.8% in the fourth quarter. Slate Path Capital LP now owns 12,689,164 shares of the technology company's stock worth $270,914,000 after acquiring an additional 3,924,039 shares during the last quarter. Institutional investors own 80.78% of the company's stock.

Hewlett Packard Enterprise Price Performance

Shares of NYSE HPE traded up $0.07 during mid-day trading on Friday, reaching $21.32. 12,296,572 shares of the company traded hands, compared to its average volume of 16,804,224. Hewlett Packard Enterprise Company has a fifty-two week low of $11.97 and a fifty-two week 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 firm has a market cap of $27.97 billion, a PE ratio of 21.53, a price-to-earnings-growth ratio of 3.09 and a beta of 1.35. The stock has a fifty day simple moving average of $17.91 and a 200-day simple moving average of $18.59.

Hewlett Packard Enterprise (NYSE:HPE - Get Free Report) last posted its quarterly earnings data on Tuesday, June 3rd. The technology company reported $0.38 EPS for the quarter, beating analysts' consensus estimates of $0.33 by $0.05. Hewlett Packard Enterprise had a net margin of 4.60% and a return on equity of 9.59%. The business had revenue of $7.63 billion for the quarter, compared to analyst estimates of $7.51 billion. During the same quarter last year, the business earned $0.42 earnings per share. The business's revenue for the quarter was up 5.9% on a year-over-year basis. Equities research analysts anticipate that Hewlett Packard Enterprise Company will post 1.85 EPS for the current fiscal year.

Hewlett Packard Enterprise Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Thursday, July 17th. Shareholders of record on Wednesday, June 18th will be given a $0.13 dividend. The ex-dividend date of this dividend is Wednesday, June 18th. This represents a $0.52 annualized dividend and a yield of 2.44%. Hewlett Packard Enterprise's dividend payout ratio (DPR) is 52.53%.

Analysts Set New Price Targets

A number of equities analysts have issued reports on the stock. Raymond James Financial raised their target price on shares of Hewlett Packard Enterprise from $23.00 to $26.00 and gave the stock a "strong-buy" rating in a report on Wednesday, June 4th. KeyCorp assumed coverage on shares of Hewlett Packard Enterprise in a report on Thursday, June 26th. They issued a "sector weight" rating on the stock. Wells Fargo & Company raised their target price on shares of Hewlett Packard Enterprise from $20.00 to $22.00 and gave the stock an "equal weight" rating in a report on Thursday. Morgan Stanley raised their price target on shares of Hewlett Packard Enterprise from $14.00 to $22.00 and gave the company an "equal weight" rating in a research note on Tuesday, May 20th. Finally, Loop Capital raised their price target on shares of Hewlett Packard Enterprise from $16.00 to $18.00 and gave the company a "hold" rating in a research note on Monday, June 9th. One investment analyst has rated the stock with a sell rating, eight have issued a hold rating, six have given a buy rating and one has given a strong buy rating to the company's stock. According to MarketBeat, the stock currently has an average rating of "Hold" and a consensus price target of $21.85.

Insider Activity at Hewlett Packard Enterprise

In other Hewlett Packard Enterprise news, 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 value of $1,264,799.60. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, EVP Phil Mottram sold 30,000 shares of Hewlett Packard Enterprise stock in a transaction that occurred on Monday, June 30th. The stock was sold at an average price of $20.54, for a total transaction of $616,200.00. Following the completion of the transaction, the executive vice president owned 42,427 shares in the company, valued at approximately $871,450.58. This trade represents a 41.42% decrease in their position. The disclosure for this sale can be found here. In the last 90 days, insiders sold 128,590 shares of company stock worth $2,436,000. 0.36% of the stock is currently owned by company insiders.

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.