International Assets Investment Management LLC Has $516,000 Stock Position in Hewlett Packard Enterprise Company (NYSE:HPE)

International Assets Investment Management LLC boosted its holdings in shares of Hewlett Packard Enterprise Company (NYSE:HPE - Free Report) by 106.4% in the first quarter, according to its most recent filing with the SEC. The firm owned 33,432 shares of the technology company's stock after acquiring an additional 17,232 shares during the period. International Assets Investment Management LLC's holdings in Hewlett Packard Enterprise were worth $516,000 as of its most recent filing with the SEC.

A number of other institutional investors have also recently bought and sold shares of the business. Putney Financial Group LLC acquired a new position in shares of Hewlett Packard Enterprise in the 4th quarter valued at $25,000. Hara Capital LLC acquired a new position in shares of Hewlett Packard Enterprise in the 4th quarter valued at $28,000. Ameriflex Group Inc. acquired a new position in shares of Hewlett Packard Enterprise in the 4th quarter valued at $31,000. Bruce G. Allen Investments LLC grew its holdings in shares of Hewlett Packard Enterprise by 345.0% in the 1st quarter. Bruce G. Allen Investments LLC now owns 1,700 shares of the technology company's stock valued at $26,000 after buying an additional 1,318 shares during the period. Finally, Elequin Capital LP acquired a new position in shares of Hewlett Packard Enterprise in the 4th quarter valued at $37,000. Institutional investors and hedge funds own 80.78% of the company's stock.

Insiders Place Their Bets

In related news, Director Bethany Mayer sold 6,409 shares of the firm's stock in a transaction dated Friday, April 4th. The shares were sold at an average price of $13.19, for a total value of $84,534.71. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Insiders own 0.36% of the company's stock.

Analyst Ratings Changes

Several brokerages have recently issued reports on HPE. Daiwa Capital Markets lowered shares of Hewlett Packard Enterprise from an "outperform" rating to a "neutral" rating and set a $16.00 price target for the company. in a report on Wednesday, March 12th. UBS Group boosted their price target on shares of Hewlett Packard Enterprise from $16.00 to $18.00 and gave the company a "neutral" rating in a report on Wednesday, June 4th. Susquehanna decreased their price target on shares of Hewlett Packard Enterprise from $20.00 to $15.00 and set a "neutral" rating for the company in a report on Friday, March 7th. KeyCorp initiated coverage on shares of Hewlett Packard Enterprise in a report on Thursday. They issued a "sector weight" rating for the company. Finally, Morgan Stanley upped their target price on shares of Hewlett Packard Enterprise from $14.00 to $22.00 and gave the stock an "equal weight" rating in a research note on Tuesday, May 20th. Nine analysts have rated the stock with a hold rating, six have assigned a buy rating and one has assigned a strong buy rating to the company. According to data from MarketBeat, the stock currently has an average rating of "Moderate Buy" and an average price target of $21.31.

Hewlett Packard Enterprise Stock Up 0.4%

NYSE:HPE traded up $0.07 on Friday, hitting $18.44. 17,125,978 shares of the company's stock were exchanged, compared to its average volume of 16,499,054. The firm has a 50-day moving average price of $17.30 and a 200-day moving average price of $18.67. 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 Company has a 52 week low of $11.97 and a 52 week high of $24.66. The company has a market cap of $24.19 billion, a P/E ratio of 18.62, a price-to-earnings-growth ratio of 2.71 and a beta of 1.31.

Hewlett Packard Enterprise (NYSE:HPE - Get Free Report) last issued its quarterly earnings results on Tuesday, June 3rd. The technology company reported $0.38 EPS for the quarter, topping 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 for the quarter, compared to analysts' expectations of $7.51 billion. During the same period in the previous year, the firm posted $0.42 EPS. The company's revenue for the quarter was up 5.9% on a year-over-year basis. As a group, analysts expect 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 dividend of $0.13 per share. The ex-dividend date of this dividend is Wednesday, June 18th. This represents a $0.52 annualized dividend and a yield of 2.82%. Hewlett Packard Enterprise's dividend payout ratio (DPR) is presently 52.53%.

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.