Hewlett Packard Enterprise (NYSE:HPE) Stock Holdings Increased by Jaffetilchin Investment Partners LLC

Jaffetilchin Investment Partners LLC grew its holdings in shares of Hewlett Packard Enterprise (NYSE:HPE - Free Report) by 333.2% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 30,462 shares of the technology company's stock after purchasing an additional 23,430 shares during the period. Jaffetilchin Investment Partners LLC's holdings in Hewlett Packard Enterprise were worth $650,000 at the end of the most recent reporting period.

A number of other large investors have also modified their holdings of the business. Kathmere Capital Management LLC grew its stake in Hewlett Packard Enterprise by 87.2% in the 4th quarter. Kathmere Capital Management LLC now owns 25,483 shares of the technology company's stock valued at $544,000 after acquiring an additional 11,869 shares during the last quarter. Lebenthal Global Advisors LLC raised its position in shares of Hewlett Packard Enterprise by 83.7% during the 4th quarter. Lebenthal Global Advisors LLC now owns 36,096 shares of the technology company's stock worth $771,000 after purchasing an additional 16,447 shares during the last quarter. Nordea Investment Management AB lifted its stake in Hewlett Packard Enterprise by 35.1% in the 4th quarter. Nordea Investment Management AB now owns 7,253,035 shares of the technology company's stock valued at $155,142,000 after buying an additional 1,885,559 shares in the last quarter. Korea Investment CORP raised its holdings in shares of Hewlett Packard Enterprise by 8.3% in the fourth quarter. Korea Investment CORP now owns 1,003,921 shares of the technology company's stock worth $21,434,000 after acquiring an additional 77,244 shares during the last quarter. Finally, Nisa Investment Advisors LLC boosted its stake in shares of Hewlett Packard Enterprise by 78.8% during the fourth quarter. Nisa Investment Advisors LLC now owns 909,919 shares of the technology company's stock valued at $19,545,000 after acquiring an additional 401,016 shares during the last quarter. 80.78% of the stock is owned by hedge funds and other institutional investors.

Hewlett Packard Enterprise Stock Up 1.7 %

Shares of HPE traded up $0.26 during midday trading on Thursday, hitting $15.14. The company had a trading volume of 9,923,272 shares, compared to its average volume of 16,686,509. The company has a quick ratio of 0.99, a current ratio of 1.29 and a debt-to-equity ratio of 0.54. The stock has a market cap of $19.88 billion, a price-to-earnings ratio of 7.97, a PEG ratio of 2.03 and a beta of 1.20. Hewlett Packard Enterprise has a 52 week low of $11.97 and a 52 week high of $24.66. The company's 50 day moving average price is $17.14 and its 200 day moving average price is $19.97.

Hewlett Packard Enterprise Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Friday, April 18th. Shareholders of record on Friday, March 21st will be paid a dividend of $0.13 per share. The ex-dividend date of this dividend is Friday, March 21st. This represents a $0.52 annualized dividend and a yield of 3.44%. Hewlett Packard Enterprise's payout ratio is 25.37%.

Analyst Upgrades and Downgrades

A number of equities research analysts have recently commented on the stock. Deutsche Bank Aktiengesellschaft upgraded shares of Hewlett Packard Enterprise from a "hold" rating to a "buy" rating and set a $25.00 price target for the company in a report on Thursday, December 19th. Daiwa America cut Hewlett Packard Enterprise from a "strong-buy" rating to a "hold" rating in a report on Wednesday, March 12th. Morgan Stanley cut shares of Hewlett Packard Enterprise from an "overweight" rating to an "equal weight" rating and set a $14.00 target price on the stock. in a research report on Tuesday, April 8th. Barclays cut their price target on shares of Hewlett Packard Enterprise from $27.00 to $20.00 and set an "overweight" rating on the stock in a research note on Friday, March 7th. Finally, Bank of America lowered their price objective on shares of Hewlett Packard Enterprise from $26.00 to $20.00 and set a "buy" rating for the company in a research note on Friday, March 7th. Ten analysts have rated the stock with a hold rating, six have issued a buy rating and one has issued a strong buy rating to the company's stock. According to MarketBeat.com, Hewlett Packard Enterprise currently has a consensus rating of "Hold" and a consensus target price of $20.60.

Insider Activity at Hewlett Packard Enterprise

In related news, Director Bethany Mayer sold 6,409 shares of the company's stock in a transaction 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 is available through this hyperlink. Insiders own 0.36% of the company's stock.

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.