Robeco Institutional Asset Management B.V. Has $24.85 Million Holdings in Hewlett Packard Enterprise Company $HPE

Key Points

• Robeco Institutional Asset Management B.V. reduced its stake in Hewlett Packard Enterprise by 8.0%, owning approximately $24.85 million worth of shares as of their latest SEC filing.
• Institutional investors own 80.78% of Hewlett Packard Enterprise stock, indicating strong institutional interest in the company.
• The company declared a quarterly dividend of $0.13 per share, with the dividend payout ratio currently at 63.41%.

Robeco Institutional Asset Management B.V. cut its stake in Hewlett Packard Enterprise Company (NYSE:HPE - Free Report) by 8.0% in the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 1,215,054 shares of the technology company's stock after selling 105,909 shares during the period. Robeco Institutional Asset Management B.V. owned approximately 0.09% of Hewlett Packard Enterprise worth $24,848,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the business. Vanguard Group Inc. lifted its position in Hewlett Packard Enterprise by 1.7% during the 1st quarter. Vanguard Group Inc. now owns 167,199,996 shares of the technology company's stock worth $2,579,896,000 after buying an additional 2,779,446 shares in the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC lifted its position in Hewlett Packard Enterprise by 15.6% during the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 17,584,742 shares of the technology company's stock worth $271,333,000 after buying an additional 2,373,850 shares in the last quarter. Northern Trust Corp lifted its position in Hewlett Packard Enterprise by 3.4% during the 1st quarter. Northern Trust Corp now owns 16,730,015 shares of the technology company's stock worth $258,144,000 after buying an additional 545,775 shares in the last quarter. National Bank of Canada FI lifted its position in Hewlett Packard Enterprise by 1,369.1% during the 1st quarter. National Bank of Canada FI now owns 16,279,442 shares of the technology company's stock worth $251,192,000 after buying an additional 15,171,314 shares in the last quarter. Finally, AQR Capital Management LLC lifted its position in Hewlett Packard Enterprise by 45.6% during the 1st quarter. AQR Capital Management LLC now owns 12,521,303 shares of the technology company's stock worth $193,078,000 after buying an additional 3,922,516 shares in the last quarter. 80.78% of the stock is owned by institutional investors.

Analyst Ratings Changes

Several equities research analysts have commented on the stock. JPMorgan Chase & Co. assumed coverage on shares of Hewlett Packard Enterprise in a research report on Thursday, July 17th. They set an "overweight" rating and a $30.00 price target on the stock. Deutsche Bank Aktiengesellschaft boosted their price target on shares of Hewlett Packard Enterprise from $21.00 to $26.00 and gave the stock a "buy" rating in a research report on Wednesday, July 23rd. Susquehanna boosted their price target on shares of Hewlett Packard Enterprise from $16.00 to $21.00 and gave the stock a "neutral" rating in a research report on Thursday, September 4th. Barclays upped their target price on shares of Hewlett Packard Enterprise from $24.00 to $26.00 and gave the company an "overweight" rating in a report on Thursday, July 3rd. Finally, Zacks Research cut shares of Hewlett Packard Enterprise from a "strong-buy" rating to a "hold" rating in a report on Monday, September 29th. One equities research analyst has rated the stock with a Strong Buy rating, eight have assigned a Buy rating and twelve have given a Hold rating to the company's stock. Based on data from MarketBeat, the stock has a consensus rating of "Hold" and an average price target of $24.94.

Hewlett Packard Enterprise Stock Down 0.2%

Hewlett Packard Enterprise stock opened at $24.43 on Friday. The stock has a market cap of $32.23 billion, a P/E ratio of 29.79, a P/E/G ratio of 2.55 and a beta of 1.45. The company has a quick ratio of 0.69, a current ratio of 0.95 and a debt-to-equity ratio of 0.69. Hewlett Packard Enterprise Company has a twelve month low of $11.97 and a twelve month high of $25.36. The company's 50-day moving average price is $22.76 and its two-hundred day moving average price is $19.28.

Hewlett Packard Enterprise Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Friday, October 17th. Shareholders of record on Thursday, September 18th will be issued a $0.13 dividend. This represents a $0.52 annualized dividend and a yield of 2.1%. The ex-dividend date of this dividend is Thursday, September 18th. Hewlett Packard Enterprise's dividend payout ratio is currently 63.41%.

Insider Buying and Selling at Hewlett Packard Enterprise

In other Hewlett Packard Enterprise news, Director Gary M. Reiner sold 40,000 shares of the stock in a transaction dated Monday, September 15th. The shares were sold at an average price of $24.58, for a total value of $983,200.00. Following the transaction, the director directly owned 83,869 shares of the company's stock, valued at $2,061,500.02. This represents a 32.29% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, CEO Antonio F. Neri sold 166,666 shares of the stock in a transaction dated Friday, August 22nd. The shares were sold at an average price of $22.52, for a total transaction of $3,753,318.32. Following the completion of the transaction, the chief executive officer directly owned 1,919,060 shares in the company, valued at approximately $43,217,231.20. This represents a 7.99% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 543,738 shares of company stock valued at $12,922,932 in the last three months. 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.

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