Hewlett Packard Enterprise (NYSE:HPE) Shares Purchased by Mercer Global Advisors Inc. ADV

Mercer Global Advisors Inc. ADV grew its stake in shares of Hewlett Packard Enterprise (NYSE:HPE - Free Report) by 11.0% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 311,976 shares of the technology company's stock after buying an additional 30,865 shares during the quarter. Mercer Global Advisors Inc. ADV's holdings in Hewlett Packard Enterprise were worth $6,661,000 at the end of the most recent quarter.

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

Hewlett Packard Enterprise Trading Down 0.2 %

Shares of NYSE:HPE traded down $0.03 during midday trading on Friday, reaching $16.84. 13,621,165 shares of the company's stock were exchanged, compared to its average volume of 17,071,238. The firm's 50 day simple moving average is $15.58 and its two-hundred day simple moving average is $19.47. The stock has a market cap of $22.12 billion, a price-to-earnings ratio of 8.86, a P/E/G 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 current ratio of 1.29 and a quick ratio of 0.99.

Hewlett Packard Enterprise Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Friday, April 18th. Investors of record on Friday, March 21st were issued a $0.13 dividend. The ex-dividend date of this dividend was Friday, March 21st. This represents a $0.52 annualized dividend and a yield of 3.09%. Hewlett Packard Enterprise's dividend payout ratio (DPR) is 25.37%.

Wall Street Analyst Weigh In

A number of equities research analysts have recently issued reports on the stock. Daiwa America downgraded shares of Hewlett Packard Enterprise from a "strong-buy" rating to a "hold" rating in a research report 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 objective for the company. in a research note on Tuesday, April 8th. StockNews.com lowered shares of Hewlett Packard Enterprise from a "buy" rating to a "hold" rating in a report on Friday, March 7th. Loop Capital dropped their price target on shares of Hewlett Packard Enterprise from $24.00 to $16.00 and set a "hold" rating for the company in a research report on Monday, March 10th. Finally, Bank of America decreased their price objective on shares of Hewlett Packard Enterprise from $26.00 to $20.00 and set a "buy" rating on the stock in a research report on Friday, March 7th. Ten equities research analysts have rated the stock with a hold rating, six have issued a buy rating and one has assigned a strong buy rating to the company's stock. According to MarketBeat.com, the stock currently has a consensus rating of "Hold" and a consensus price target of $20.60.

Insider Buying and Selling

In other Hewlett Packard Enterprise news, Director Bethany Mayer sold 6,409 shares of the company's 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 transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. 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.