Vontobel Holding Ltd. Has $35.16 Million Holdings in Hewlett Packard Enterprise Company $HPE

Vontobel Holding Ltd. reduced its stake in shares of Hewlett Packard Enterprise Company (NYSE:HPE - Free Report) by 2.0% during the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 1,719,242 shares of the technology company's stock after selling 34,994 shares during the quarter. Vontobel Holding Ltd. owned about 0.13% of Hewlett Packard Enterprise worth $35,158,000 at the end of the most recent quarter.

Other large investors have also recently bought and sold shares of the company. Farther Finance Advisors LLC lifted its holdings in Hewlett Packard Enterprise by 2.3% in the first quarter. Farther Finance Advisors LLC now owns 31,437 shares of the technology company's stock valued at $492,000 after buying an additional 699 shares during the period. Harbor Capital Advisors Inc. raised its position in shares of Hewlett Packard Enterprise by 90.6% during the 1st quarter. Harbor Capital Advisors Inc. now owns 29,055 shares of the technology company's stock valued at $448,000 after acquiring an additional 13,813 shares during the last quarter. GAMMA Investing LLC raised its position in shares of Hewlett Packard Enterprise by 14.4% during the 1st quarter. GAMMA Investing LLC now owns 17,760 shares of the technology company's stock valued at $274,000 after acquiring an additional 2,239 shares during the last quarter. Simplicity Wealth LLC grew its stake in shares of Hewlett Packard Enterprise by 10.2% during the first quarter. Simplicity Wealth LLC now owns 11,548 shares of the technology company's stock worth $178,000 after purchasing an additional 1,070 shares during the period. Finally, Avanza Fonder AB grew its stake in shares of Hewlett Packard Enterprise by 11.0% during the first quarter. Avanza Fonder AB now owns 133,712 shares of the technology company's stock worth $2,155,000 after purchasing an additional 13,218 shares during the period. Institutional investors and hedge funds own 80.78% of the company's stock.

Hewlett Packard Enterprise Trading Up 4.7%

HPE opened at $26.08 on Thursday. Hewlett Packard Enterprise Company has a twelve month low of $11.97 and a twelve month high of $26.44. The company has a quick ratio of 0.69, a current ratio of 0.95 and a debt-to-equity ratio of 0.69. The company has a fifty day moving average of $23.02 and a 200-day moving average of $19.46. The stock has a market cap of $34.41 billion, a PE ratio of 31.81, a price-to-earnings-growth ratio of 2.60 and a beta of 1.45.

Hewlett Packard Enterprise Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Friday, October 17th. Investors of record on Thursday, September 18th will be given a $0.13 dividend. This represents a $0.52 dividend on an annualized basis and a yield of 2.0%. The ex-dividend date of this dividend is Thursday, September 18th. Hewlett Packard Enterprise's payout ratio is presently 63.41%.

Insider Activity at Hewlett Packard Enterprise

In other Hewlett Packard Enterprise news, CEO Antonio F. Neri sold 166,666 shares of Hewlett Packard Enterprise stock in a transaction dated Friday, September 12th. The stock was sold at an average price of $25.03, for a total transaction of $4,171,649.98. Following the completion of the transaction, the chief executive officer owned 1,585,726 shares in the company, valued at approximately $39,690,721.78. The trade was a 9.51% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, EVP Maeve C. Culloty sold 3,738 shares of the stock in a transaction on Tuesday, September 23rd. The shares were sold at an average price of $25.12, for a total value of $93,898.56. The disclosure for this sale can be found here. Insiders sold 543,738 shares of company stock valued at $12,922,932 in the last three months. Corporate insiders own 0.36% of the company's stock.

Analysts Set New Price Targets

A number of equities analysts have issued reports on the company. Susquehanna raised their target price on Hewlett Packard Enterprise from $16.00 to $21.00 and gave the stock a "neutral" rating in a report on Thursday, September 4th. Bank of America increased their price target on shares of Hewlett Packard Enterprise from $24.00 to $25.00 and gave the company a "buy" rating in a research report on Tuesday, September 2nd. The Goldman Sachs Group upped their target price on shares of Hewlett Packard Enterprise from $25.00 to $27.00 and gave the company a "neutral" rating in a research note on Thursday, October 2nd. Evercore ISI upped their target price on shares of Hewlett Packard Enterprise from $25.00 to $28.00 and gave the company an "outperform" rating in a research note on Wednesday, August 6th. Finally, Sanford C. Bernstein initiated coverage on shares of Hewlett Packard Enterprise in a report on Tuesday, September 16th. They issued a "market perform" rating and a $24.00 price target for the company. One equities research analyst has rated the stock with a Strong Buy rating, eight have assigned a Buy rating and twelve have assigned a Hold rating to the stock. Based on data from MarketBeat.com, the stock has a consensus rating of "Hold" and an average price target of $25.06.

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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.