Hewlett Packard Enterprise (NYSE:HPE) Shares Purchased by MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd.

MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. boosted its stake in shares of Hewlett Packard Enterprise (NYSE:HPE - Free Report) by 10.2% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 746,928 shares of the technology company's stock after acquiring an additional 69,274 shares during the quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. owned about 0.06% of Hewlett Packard Enterprise worth $15,947,000 as of its most recent SEC filing.

Several other large investors also recently added to or reduced their stakes in HPE. Mather Group LLC. grew its stake in shares of 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 buying an additional 440 shares during the last quarter. Lakewood Asset Management LLC grew its stake in shares of Hewlett Packard Enterprise by 0.4% during the fourth quarter. Lakewood Asset Management LLC now owns 104,990 shares of the technology company's stock valued at $2,242,000 after buying an additional 457 shares during the last quarter. Essex Financial Services Inc. grew its stake in shares of 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 buying an additional 461 shares during the last quarter. Westside Investment Management Inc. grew its stake in shares of 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 valued at $1,335,000 after buying an additional 475 shares during the last quarter. Finally, Aviso Financial Inc. grew its stake in shares of 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 last quarter. 80.78% of the stock is owned by institutional investors.

Insider Activity

In related news, Director Bethany Mayer sold 6,409 shares of the firm's 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 document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Company insiders own 0.36% of the company's stock.

Hewlett Packard Enterprise Stock Up 1.2%

Shares of NYSE HPE traded up $0.22 during mid-day trading on Wednesday, reaching $17.94. 3,768,741 shares of the company were exchanged, compared to its average volume of 17,226,184. 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 $23.56 billion, a price-to-earnings ratio of 9.42, a P/E/G ratio of 2.03 and a beta of 1.29. Hewlett Packard Enterprise has a 1 year low of $11.97 and a 1 year high of $24.66. The firm has a 50-day moving average of $15.76 and a 200 day moving average of $19.35.

Hewlett Packard Enterprise Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Friday, April 18th. Stockholders of record on Friday, March 21st were issued a dividend of $0.13 per share. The ex-dividend date was Friday, March 21st. This represents a $0.52 annualized dividend and a dividend yield of 2.90%. Hewlett Packard Enterprise's dividend payout ratio is presently 25.37%.

Analyst Upgrades and Downgrades

A number of research analysts have recently commented on the company. 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 note on Friday, March 7th. Morgan Stanley boosted their price target on Hewlett Packard Enterprise from $14.00 to $22.00 and gave the company an "equal weight" rating in a report on Tuesday. Daiwa America lowered Hewlett Packard Enterprise from a "strong-buy" rating to a "hold" rating in a report on Wednesday, March 12th. Daiwa Capital Markets lowered Hewlett Packard Enterprise from an "outperform" rating to a "neutral" rating and set a $16.00 price target for the company. in a report on Wednesday, March 12th. Finally, Bank of America lowered their price target on Hewlett Packard Enterprise from $26.00 to $20.00 and set a "buy" rating for the company in a report on Friday, March 7th. Nine research analysts have rated the stock with a hold rating, seven have issued a buy rating and one has issued a strong buy rating to the stock. According to data from MarketBeat, the stock presently has an average rating of "Moderate Buy" and an average target price of $21.13.

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.