Hewlett Packard Enterprise (NYSE:HPE) Holdings Raised by Maytus Capital Management LLC

Maytus Capital Management LLC lifted its position in Hewlett Packard Enterprise (NYSE:HPE - Free Report) by 55.6% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 210,000 shares of the technology company's stock after buying an additional 75,000 shares during the quarter. Maytus Capital Management LLC's holdings in Hewlett Packard Enterprise were worth $4,484,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors have also recently bought and sold shares of the stock. Mather Group LLC. grew its position in Hewlett Packard Enterprise by 6.2% in the fourth quarter. Mather Group LLC. now owns 7,557 shares of the technology company's stock worth $161,000 after acquiring an additional 440 shares in the last quarter. Lakewood Asset Management LLC lifted its stake in Hewlett Packard Enterprise by 0.4% during the 4th quarter. Lakewood Asset Management LLC now owns 104,990 shares of the technology company's stock valued at $2,242,000 after acquiring an additional 457 shares during the period. Essex Financial Services Inc. raised its position in Hewlett Packard Enterprise by 3.6% during the fourth quarter. Essex Financial Services Inc. now owns 13,396 shares of the technology company's stock valued at $286,000 after acquiring an additional 461 shares in the last quarter. Westside Investment Management Inc. boosted its position in Hewlett Packard Enterprise by 0.8% during the fourth quarter. Westside Investment Management Inc. now owns 62,523 shares of the technology company's stock worth $1,335,000 after purchasing an additional 475 shares in the last quarter. Finally, Aviso Financial Inc. lifted its holdings in Hewlett Packard Enterprise by 0.9% in the 4th quarter. Aviso Financial Inc. now owns 54,060 shares of the technology company's stock valued at $1,154,000 after purchasing an additional 490 shares in the last quarter. 80.78% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

HPE has been the topic of several research reports. Daiwa Capital Markets lowered 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. Morgan Stanley downgraded Hewlett Packard Enterprise from an "overweight" rating to an "equal weight" rating and set a $14.00 price target for the company. in a research note on Tuesday, April 8th. Susquehanna cut their target price on Hewlett Packard Enterprise from $20.00 to $15.00 and set a "neutral" rating on the stock in a research report on Friday, March 7th. StockNews.com cut Hewlett Packard Enterprise from a "buy" rating to a "hold" rating in a research note on Friday, March 7th. Finally, Barclays cut their price target on Hewlett Packard Enterprise from $27.00 to $20.00 and set an "overweight" rating on the stock in a report on Friday, March 7th. Ten 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 stock. Based on data from MarketBeat, Hewlett Packard Enterprise presently has an average rating of "Hold" and an average target price of $20.60.

Insider Buying and Selling

In related news, Director Bethany Mayer sold 6,409 shares of Hewlett Packard Enterprise stock in a transaction that occurred on Friday, April 4th. The stock was sold at an average price of $13.19, for a total transaction of $84,534.71. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Corporate insiders own 0.36% of the company's stock.

Hewlett Packard Enterprise Stock Performance

Hewlett Packard Enterprise stock opened at $17.72 on Tuesday. Hewlett Packard Enterprise has a 1-year low of $11.97 and a 1-year high of $24.66. The company has a debt-to-equity ratio of 0.54, a current ratio of 1.29 and a quick ratio of 0.99. The stock has a market cap of $23.27 billion, a price-to-earnings ratio of 9.32, a price-to-earnings-growth ratio of 2.03 and a beta of 1.29. The firm has a 50 day simple moving average of $15.52 and a 200-day simple moving average of $19.44.

Hewlett Packard Enterprise Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, April 18th. Investors of record on Friday, March 21st were given a $0.13 dividend. The ex-dividend date was Friday, March 21st. This represents a $0.52 dividend on an annualized basis and a dividend yield of 2.94%. Hewlett Packard Enterprise's dividend payout ratio (DPR) is presently 25.37%.

Hewlett Packard Enterprise Company 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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