TD Private Client Wealth LLC Has $651,000 Holdings in Hewlett Packard Enterprise Company (NYSE:HPE)

TD Private Client Wealth LLC lessened its holdings in shares of Hewlett Packard Enterprise Company (NYSE:HPE - Free Report) by 31.5% in the 1st quarter, according to its most recent filing with the SEC. The fund owned 42,189 shares of the technology company's stock after selling 19,436 shares during the period. TD Private Client Wealth LLC's holdings in Hewlett Packard Enterprise were worth $651,000 at the end of the most recent reporting period.

Several other large investors have also made changes to their positions in HPE. Penserra Capital Management LLC increased its stake in Hewlett Packard Enterprise by 43.1% during the first quarter. Penserra Capital Management LLC now owns 798,878 shares of the technology company's stock valued at $12,324,000 after acquiring an additional 240,555 shares during the period. Minneapolis Portfolio Management Group LLC increased its stake in Hewlett Packard Enterprise by 1.0% during the first quarter. Minneapolis Portfolio Management Group LLC now owns 718,338 shares of the technology company's stock valued at $11,084,000 after acquiring an additional 6,936 shares during the period. Sharp Financial Services LLC increased its stake in Hewlett Packard Enterprise by 48.9% during the first quarter. Sharp Financial Services LLC now owns 15,785 shares of the technology company's stock valued at $244,000 after acquiring an additional 5,185 shares during the period. HM Payson & Co. increased its stake in Hewlett Packard Enterprise by 15.6% during the first quarter. HM Payson & Co. now owns 8,088 shares of the technology company's stock valued at $125,000 after acquiring an additional 1,094 shares during the period. Finally, World Investment Advisors increased its stake in Hewlett Packard Enterprise by 5.7% during the first quarter. World Investment Advisors now owns 29,376 shares of the technology company's stock valued at $453,000 after acquiring an additional 1,591 shares during the period. Institutional investors and hedge funds own 80.78% of the company's stock.

Hewlett Packard Enterprise Price Performance

NYSE HPE traded down $0.54 during trading hours on Friday, reaching $20.75. 7,820,215 shares of the company's stock were exchanged, compared to its average volume of 19,541,590. The stock has a market cap of $27.22 billion, a PE ratio of 20.97, a price-to-earnings-growth ratio of 3.00 and a beta of 1.35. Hewlett Packard Enterprise Company has a one year low of $11.97 and a one year high of $24.66. The firm has a fifty day moving average of $18.28 and a 200-day moving average of $18.61. The company has a current ratio of 1.29, a quick ratio of 0.96 and a debt-to-equity ratio of 0.52.

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

Hewlett Packard Enterprise Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, July 17th. Shareholders of record on Wednesday, June 18th will be issued a dividend of $0.13 per share. This represents a $0.52 annualized dividend and a yield of 2.51%. The ex-dividend date of this dividend is Wednesday, June 18th. Hewlett Packard Enterprise's dividend payout ratio is 52.53%.

Analyst Upgrades and Downgrades

Several brokerages recently issued reports on HPE. Wells Fargo & Company boosted their price target on Hewlett Packard Enterprise from $20.00 to $22.00 and gave the company an "equal weight" rating in a research note on Thursday, July 3rd. Loop Capital boosted their price target on Hewlett Packard Enterprise from $16.00 to $18.00 and gave the company a "hold" rating in a research note on Monday, June 9th. Raymond James Financial upped their price objective on Hewlett Packard Enterprise from $23.00 to $26.00 and gave the company a "strong-buy" rating in a research note on Wednesday, June 4th. KeyCorp began coverage on Hewlett Packard Enterprise in a research note on Thursday, June 26th. They issued a "sector weight" rating on the stock. Finally, Wolfe Research began coverage on Hewlett Packard Enterprise in a research note on Tuesday. They issued a "peer perform" rating on the stock. One research analyst has rated the stock with a sell rating, nine have given a hold rating, six have given a buy rating and one has given a strong buy rating to the stock. According to data from MarketBeat.com, the stock currently has a consensus rating of "Hold" and a consensus target price of $22.15.

Insider Buying and Selling at Hewlett Packard Enterprise

In other news, SVP Jeremy Cox sold 68,590 shares of the stock in a transaction on Friday, June 27th. The stock was sold at an average price of $18.44, for a total value of $1,264,799.60. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, EVP Phil Mottram sold 30,000 shares of the stock in a transaction on Monday, June 30th. The shares were sold at an average price of $20.54, for a total value of $616,200.00. Following the completion of the transaction, the executive vice president directly 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 ninety days, insiders have sold 128,590 shares of company stock worth $2,436,000. Company 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.