Worldquant Millennium Advisors LLC Grows Holdings in Hewlett Packard Enterprise (NYSE:HPE)

Worldquant Millennium Advisors LLC increased its position in shares of Hewlett Packard Enterprise (NYSE:HPE - Free Report) by 1,382.5% during the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 3,299,615 shares of the technology company's stock after purchasing an additional 3,077,046 shares during the quarter. Worldquant Millennium Advisors LLC owned approximately 0.25% of Hewlett Packard Enterprise worth $70,447,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Geode Capital Management LLC boosted its holdings in 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 purchasing an additional 681,242 shares during the last quarter. Northern Trust Corp boosted its holdings in Hewlett Packard Enterprise by 24.7% during the fourth quarter. Northern Trust Corp now owns 16,184,240 shares of the technology company's stock worth $345,534,000 after purchasing an additional 3,208,424 shares during the last quarter. Raymond James Financial Inc. purchased a new position in Hewlett Packard Enterprise during the fourth quarter worth about $292,959,000. Boston Partners boosted its holdings in Hewlett Packard Enterprise by 19.1% during the fourth quarter. Boston Partners now owns 12,848,336 shares of the technology company's stock worth $276,075,000 after purchasing an additional 2,058,562 shares during the last quarter. Finally, Slate Path Capital LP boosted its holdings in Hewlett Packard Enterprise by 44.8% during the fourth quarter. Slate Path Capital LP now owns 12,689,164 shares of the technology company's stock worth $270,914,000 after purchasing an additional 3,924,039 shares during the last quarter. 80.78% of the stock is currently owned by hedge funds and other institutional investors.

Insider Activity

In other news, Director Bethany Mayer sold 6,409 shares of Hewlett Packard Enterprise stock in a transaction on Friday, April 4th. The stock was sold at an average price of $13.19, for a total value of $84,534.71. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. 0.36% of the stock is owned by company insiders.

Hewlett Packard Enterprise Price Performance

Shares of NYSE HPE opened at $17.45 on Tuesday. The stock has a market cap of $22.92 billion, a PE ratio of 9.18, a price-to-earnings-growth ratio of 2.03 and a beta of 1.29. Hewlett Packard Enterprise has a fifty-two week low of $11.97 and a fifty-two week high of $24.66. The company has a debt-to-equity ratio of 0.54, a quick ratio of 0.99 and a current ratio of 1.29. The stock has a fifty day moving average of $15.71 and a 200-day moving average of $19.36.

Hewlett Packard Enterprise Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Friday, April 18th. Stockholders of record on Friday, March 21st were given a $0.13 dividend. This represents a $0.52 annualized dividend and a dividend yield of 2.98%. The ex-dividend date was Friday, March 21st. Hewlett Packard Enterprise's dividend payout ratio (DPR) is presently 25.37%.

Analyst Ratings Changes

Several research firms recently weighed in on HPE. Susquehanna cut their price target on shares of Hewlett Packard Enterprise from $20.00 to $15.00 and set a "neutral" rating on the stock in a report on Friday, March 7th. Loop Capital dropped their target price on shares of Hewlett Packard Enterprise from $24.00 to $16.00 and set a "hold" rating on the stock in a research note on Monday, March 10th. StockNews.com cut shares of Hewlett Packard Enterprise from a "buy" rating to a "hold" rating in a research note on Friday, March 7th. Wells Fargo & Company dropped their target price on shares of Hewlett Packard Enterprise from $22.00 to $17.00 and set an "equal weight" rating on the stock in a research note on Friday, March 7th. Finally, Daiwa Capital Markets cut shares of Hewlett Packard Enterprise from an "outperform" rating to a "neutral" rating and set a $16.00 target price on the stock. in a research note on Wednesday, March 12th. Ten research analysts have rated the stock with a hold rating, six have assigned a buy rating and one has given a strong buy rating to the company's stock. According to MarketBeat.com, the stock presently has an average rating of "Hold" and an average target price of $20.60.

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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