Hewlett Packard Enterprise Company (NYSE:HPE) Shares Acquired by Asset Management One Co. Ltd.

Asset Management One Co. Ltd. increased its stake in shares of Hewlett Packard Enterprise Company (NYSE:HPE - Free Report) by 5.0% in the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 534,876 shares of the technology company's stock after purchasing an additional 25,342 shares during the quarter. Asset Management One Co. Ltd.'s holdings in Hewlett Packard Enterprise were worth $8,253,000 at the end of the most recent quarter.

Several other large investors also recently bought and sold shares of the stock. Geode Capital Management LLC grew its position in shares of Hewlett Packard Enterprise by 2.2% during the fourth quarter. Geode Capital Management LLC now owns 32,173,982 shares of the technology company's stock worth $686,011,000 after buying an additional 681,242 shares in the last quarter. Northern Trust Corp lifted its stake 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. acquired a new position in Hewlett Packard Enterprise during the 4th quarter worth approximately $292,959,000. Boston Partners increased its position in shares of Hewlett Packard Enterprise by 19.1% in the 4th quarter. Boston Partners now owns 12,848,336 shares of the technology company's stock valued at $276,075,000 after purchasing an additional 2,058,562 shares during the last quarter. Finally, Slate Path Capital LP increased its position in shares of Hewlett Packard Enterprise by 44.8% in the 4th quarter. Slate Path Capital LP now owns 12,689,164 shares of the technology company's stock valued at $270,914,000 after purchasing an additional 3,924,039 shares during the last quarter. Hedge funds and other institutional investors own 80.78% of the company's stock.

Wall Street Analyst Weigh In

HPE has been the subject of a number of analyst reports. UBS Group boosted their target price on shares of Hewlett Packard Enterprise from $16.00 to $18.00 and gave the stock a "neutral" rating in a research note on Wednesday, June 4th. Bank of America decreased their price target on Hewlett Packard Enterprise from $26.00 to $20.00 and set a "buy" rating for the company in a report on Friday, March 7th. Barclays upped their price objective on Hewlett Packard Enterprise from $20.00 to $24.00 and gave the stock an "overweight" rating in a research report on Wednesday, June 4th. Raymond James Financial raised their target price on Hewlett Packard Enterprise from $23.00 to $26.00 and gave the stock a "strong-buy" rating in a research report on Wednesday, June 4th. Finally, Daiwa America cut Hewlett Packard Enterprise from a "strong-buy" rating to a "hold" rating in a research note on Wednesday, March 12th. Nine analysts have rated the stock with a hold rating, six have given a buy rating and one has assigned a strong buy rating to the company. According to MarketBeat, the stock has a consensus rating of "Moderate Buy" and an average target price of $21.31.

Insider Transactions 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 Wednesday, June 25th. The stock was sold at an average price of $18.50, for a total transaction of $555,000.00. Following the completion of the sale, the executive vice president now owns 72,427 shares in the company, valued at $1,339,899.50. This represents a 29.29% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, Director Bethany Mayer sold 6,409 shares of the company's stock in a transaction on Friday, April 4th. The stock was sold at an average price of $13.19, for a total transaction of $84,534.71. The disclosure for this sale can be found here. Company insiders own 0.36% of the company's stock.

Hewlett Packard Enterprise Stock Up 0.4%

HPE stock opened at $18.44 on Friday. The company has a fifty day moving average price of $17.37 and a 200 day moving average price of $18.65. Hewlett Packard Enterprise Company has a 12 month low of $11.97 and a 12 month high of $24.66. The company has a market cap of $24.19 billion, a price-to-earnings ratio of 18.62, a price-to-earnings-growth ratio of 2.67 and a beta of 1.31. The company has a debt-to-equity ratio of 0.52, a current ratio of 1.29 and a quick ratio of 0.96.

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. Hewlett Packard Enterprise had a net margin of 4.60% and a return on equity of 9.59%. The firm had revenue of $7.63 billion during the quarter, compared to the consensus estimate of $7.51 billion. During the same quarter in the prior year, the firm earned $0.42 EPS. Hewlett Packard Enterprise's revenue for the quarter was up 5.9% on a year-over-year basis. Sell-side analysts expect that Hewlett Packard Enterprise Company will post 1.85 earnings per share for the current year.

Hewlett Packard Enterprise Announces Dividend

The business 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. This represents a $0.52 annualized dividend and a yield of 2.82%. The ex-dividend date of this dividend is Wednesday, June 18th. Hewlett Packard Enterprise's dividend payout ratio is presently 52.53%.

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.

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