Hewlett Packard Enterprise Company (NYSE:HPE) Shares Purchased by Generali Investments CEE investicni spolecnost a.s.

Generali Investments CEE investicni spolecnost a.s. raised its position in Hewlett Packard Enterprise Company (NYSE:HPE - Free Report) by 8.1% during the first quarter, according to its most recent filing with the SEC. The institutional investor 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 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Jones Financial Companies Lllp raised its holdings in shares of Hewlett Packard Enterprise by 115.5% during the 4th quarter. Jones Financial Companies Lllp now owns 11,053 shares of the technology company's stock worth $236,000 after acquiring an additional 5,924 shares during the period. Charles Schwab Investment Management Inc. grew its position in Hewlett Packard Enterprise by 1.4% in the fourth quarter. Charles Schwab Investment Management Inc. now owns 9,744,952 shares of the technology company's stock worth $208,055,000 after acquiring an additional 135,874 shares during the period. Keybank National Association OH grew its position in Hewlett Packard Enterprise by 4.5% in the fourth quarter. Keybank National Association OH now owns 37,552 shares of the technology company's stock worth $802,000 after acquiring an additional 1,618 shares during the period. Victory Capital Management Inc. grew its position in Hewlett Packard Enterprise by 16.6% in the fourth quarter. Victory Capital Management Inc. now owns 2,275,903 shares of the technology company's stock worth $48,591,000 after acquiring an additional 324,042 shares during the period. Finally, Assetmark Inc. grew its position in Hewlett Packard Enterprise by 3.9% in the fourth quarter. Assetmark Inc. now owns 70,215 shares of the technology company's stock worth $1,499,000 after acquiring an additional 2,613 shares during the period. Hedge funds and other institutional investors own 80.78% of the company's stock.

Hewlett Packard Enterprise Trading Up 0.3%

NYSE:HPE traded up $0.07 on Friday, reaching $21.32. 12,296,572 shares of the company's stock were exchanged, compared to its average volume of 16,804,224. The company has a quick ratio of 0.96, a current ratio of 1.29 and a debt-to-equity ratio of 0.52. The firm has a market capitalization of $27.97 billion, a price-to-earnings ratio of 21.53, a price-to-earnings-growth ratio of 3.09 and a beta of 1.35. The business has a fifty day moving average of $17.91 and a 200-day moving average of $18.61. Hewlett Packard Enterprise Company has a 52-week low of $11.97 and a 52-week high of $24.66.

Hewlett Packard Enterprise (NYSE:HPE - Get Free Report) last issued its quarterly earnings results on Tuesday, June 3rd. The technology company reported $0.38 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.33 by $0.05. The company had revenue of $7.63 billion for the quarter, compared to analyst estimates of $7.51 billion. Hewlett Packard Enterprise had a net margin of 4.60% and a return on equity of 9.59%. The business's revenue for the quarter was up 5.9% compared to the same quarter last year. During the same period in the prior year, the firm earned $0.42 earnings per share. As a group, analysts expect that Hewlett Packard Enterprise Company will post 1.85 earnings per share for the current 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 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 2.44%. Hewlett Packard Enterprise's dividend payout ratio (DPR) is presently 52.53%.

Analyst Ratings Changes

HPE has been the subject of several analyst reports. KeyCorp began coverage on Hewlett Packard Enterprise in a research report on Thursday, June 26th. They issued a "sector weight" rating for the company. Raymond James Financial boosted their price objective on shares of Hewlett Packard Enterprise from $23.00 to $26.00 and gave the company a "strong-buy" rating in a report on Wednesday, June 4th. Loop Capital boosted 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. Evercore ISI raised shares of Hewlett Packard Enterprise from an "in-line" rating to an "outperform" rating and boosted their price target for the company from $17.00 to $22.00 in a research note on Tuesday, May 20th. Finally, Daiwa America downgraded shares of Hewlett Packard Enterprise from a "strong-buy" rating to a "hold" rating in a research note on Wednesday, March 12th. One equities research analyst has rated the stock with a sell rating, eight have given a hold rating, six have assigned a buy rating and one has given a strong buy rating to the company's stock. According to data from MarketBeat.com, Hewlett Packard Enterprise has an average rating of "Hold" and a consensus price target of $21.85.

Insider Transactions at Hewlett Packard Enterprise

In other news, EVP Phil Mottram sold 30,000 shares of the business's stock in a transaction dated 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 directly owned 42,427 shares of the company's stock, valued at approximately $871,450.58. The trade was a 41.42% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, SVP Jeremy Cox sold 68,590 shares of the business's stock in a transaction dated Friday, June 27th. The stock was sold at an average price of $18.44, for a total value of $1,264,799.60. The disclosure for this sale can be found here. Over the last three months, insiders have sold 128,590 shares of company stock valued at $2,436,000. Corporate insiders own 0.36% of the company's stock.

Hewlett Packard Enterprise 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.