Hewlett Packard Enterprise (NYSE:HPE) Shares Purchased by Vanguard Personalized Indexing Management LLC

Vanguard Personalized Indexing Management LLC raised its position in shares of Hewlett Packard Enterprise (NYSE:HPE - Free Report) by 36.0% during the 4th quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 203,999 shares of the technology company's stock after purchasing an additional 53,994 shares during the quarter. Vanguard Personalized Indexing Management LLC's holdings in Hewlett Packard Enterprise were worth $3,464,000 at the end of the most recent reporting period.

A number of other hedge funds have also modified their holdings of the company. Dimensional Fund Advisors LP raised its position in Hewlett Packard Enterprise by 4.1% during the 4th quarter. Dimensional Fund Advisors LP now owns 17,733,959 shares of the technology company's stock worth $301,151,000 after buying an additional 695,038 shares during the last quarter. Morgan Stanley lifted its holdings in shares of Hewlett Packard Enterprise by 4.2% in the 3rd quarter. Morgan Stanley now owns 15,879,051 shares of the technology company's stock valued at $275,819,000 after buying an additional 634,727 shares during the period. Northern Trust Corp boosted its stake in shares of Hewlett Packard Enterprise by 6.6% in the third quarter. Northern Trust Corp now owns 14,831,872 shares of the technology company's stock worth $257,630,000 after buying an additional 913,014 shares during the last quarter. Invesco Ltd. raised its position in Hewlett Packard Enterprise by 6.5% during the third quarter. Invesco Ltd. now owns 14,518,564 shares of the technology company's stock valued at $252,187,000 after acquiring an additional 880,271 shares in the last quarter. Finally, AQR Capital Management LLC lifted its holdings in Hewlett Packard Enterprise by 10.0% in the third quarter. AQR Capital Management LLC now owns 14,395,647 shares of the technology company's stock valued at $250,052,000 after acquiring an additional 1,309,878 shares during the period. 80.78% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

Several research firms recently issued reports on HPE. Wells Fargo & Company boosted their target price on shares of Hewlett Packard Enterprise from $17.00 to $19.00 and gave the company an "equal weight" rating in a research note on Wednesday, April 17th. Stifel Nicolaus cut their price objective on Hewlett Packard Enterprise from $20.00 to $18.00 and set a "buy" rating for the company in a research report on Friday, March 1st. Evercore ISI decreased their target price on Hewlett Packard Enterprise from $19.00 to $18.00 and set an "in-line" rating on the stock in a research report on Friday, March 1st. Sanford C. Bernstein cut shares of Hewlett Packard Enterprise from an "outperform" rating to a "market perform" rating and dropped their price target for the company from $20.00 to $17.00 in a research note on Tuesday, January 16th. Finally, Morgan Stanley increased their price objective on shares of Hewlett Packard Enterprise from $16.00 to $19.00 and gave the company an "equal weight" rating in a report on Monday, April 15th. Eight analysts have rated the stock with a hold rating and three have issued a buy rating to the company's stock. Based on data from MarketBeat, Hewlett Packard Enterprise currently has a consensus rating of "Hold" and a consensus price target of $17.91.

Hewlett Packard Enterprise Trading Up 1.9 %

Shares of HPE traded up $0.33 during midday trading on Wednesday, reaching $17.98. The company had a trading volume of 11,294,805 shares, compared to its average volume of 14,121,875. The firm has a 50 day simple moving average of $17.41 and a 200-day simple moving average of $16.49. The company has a quick ratio of 0.63, a current ratio of 0.89 and a debt-to-equity ratio of 0.37. The stock has a market cap of $23.37 billion, a PE ratio of 12.23, a price-to-earnings-growth ratio of 3.22 and a beta of 1.20. Hewlett Packard Enterprise has a 1-year low of $13.79 and a 1-year high of $20.07.

Hewlett Packard Enterprise (NYSE:HPE - Get Free Report) last posted its earnings results on Thursday, February 29th. The technology company reported $0.48 earnings per share for the quarter, beating the consensus estimate of $0.45 by $0.03. Hewlett Packard Enterprise had a net margin of 6.81% and a return on equity of 9.12%. The company had revenue of $6.76 billion for the quarter, compared to analyst estimates of $7.09 billion. During the same period in the previous year, the business posted $0.38 EPS. Hewlett Packard Enterprise's revenue was down 13.5% on a year-over-year basis. Research analysts forecast that Hewlett Packard Enterprise will post 1.4 EPS for the current fiscal year.

Hewlett Packard Enterprise Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Friday, April 12th. Shareholders of record on Friday, March 15th were given a dividend of $0.13 per share. This represents a $0.52 dividend on an annualized basis and a dividend yield of 2.89%. The ex-dividend date was Thursday, March 14th. Hewlett Packard Enterprise's dividend payout ratio is presently 35.86%.

Insider Activity

In other news, SVP Jeremy Cox sold 18,323 shares of the firm's stock in a transaction on Wednesday, April 24th. The stock was sold at an average price of $16.96, for a total transaction of $310,758.08. Following the completion of the transaction, the senior vice president now directly owns 15,541 shares in the company, valued at $263,575.36. The transaction was disclosed in a document filed with the SEC, which is available at this link. Insiders own 0.40% of the company's stock.

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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