Wellington Shields & Co. LLC continued to hold its stake in shares of Hewlett Packard Enterprise Co (NYSE:HPE) during the first quarter, according to its most recent filing with the SEC. The institutional investor owned 13,000 shares of the technology company’s stock at the end of the first quarter. Wellington Shields & Co. LLC’s holdings in Hewlett Packard Enterprise were worth $308,000 at the end of the most recent reporting period.
Several other hedge funds also recently made changes to their positions in the stock. Nikko Asset Management Americas Inc. bought a new stake in shares of Hewlett Packard Enterprise during the third quarter valued at about $205,000. Manning & Napier Advisors LLC acquired a new position in Hewlett Packard Enterprise during the third quarter worth $225,000. Bradley Foster & Sargent Inc. CT raised its position in Hewlett Packard Enterprise by 27.3% in the third quarter. Bradley Foster & Sargent Inc. CT now owns 23,310 shares of the technology company’s stock worth $530,000 after buying an additional 5,000 shares during the last quarter. APG Asset Management N.V. raised its position in Hewlett Packard Enterprise by 94.4% in the third quarter. APG Asset Management N.V. now owns 5,229,096 shares of the technology company’s stock worth $118,962,000 after buying an additional 2,538,707 shares during the last quarter. Finally, Huntington National Bank raised its position in Hewlett Packard Enterprise by 19.3% in the third quarter. Huntington National Bank now owns 78,971 shares of the technology company’s stock worth $1,797,000 after buying an additional 12,793 shares during the last quarter. Institutional investors and hedge funds own 79.10% of the company’s stock.
Shares of Hewlett Packard Enterprise Co (HPE) opened at 17.16 on Tuesday. The firm has a market cap of $28.45 billion, a PE ratio of 9.31 and a beta of 3.05. The company’s 50-day moving average is $18.57 and its 200-day moving average is $17.79. Hewlett Packard Enterprise Co has a 52 week low of $12.71 and a 52 week high of $19.16.
Hewlett Packard Enterprise (NYSE:HPE) last released its quarterly earnings data on Wednesday, May 31st. The technology company reported $0.35 EPS for the quarter, hitting analysts’ consensus estimates of $0.35. The firm had revenue of $9.90 billion during the quarter, compared to the consensus estimate of $9.75 billion. Hewlett Packard Enterprise had a net margin of 6.31% and a return on equity of 10.43%. The firm’s revenue was down 22.1% on a year-over-year basis. During the same quarter in the previous year, the company posted $0.42 earnings per share. Analysts forecast that Hewlett Packard Enterprise Co will post $1.42 EPS for the current fiscal year. The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, July 5th. Shareholders of record on Wednesday, June 14th will be issued a $0.065 dividend. This represents a $0.26 dividend on an annualized basis and a yield of 1.52%. The ex-dividend date is Monday, June 12th. Hewlett Packard Enterprise’s dividend payout ratio is presently 14.21%.
A number of equities analysts recently weighed in on the stock. Berenberg Bank set a $17.00 price target on shares of Hewlett Packard Enterprise and gave the stock a “hold” rating in a research report on Saturday. Tigress Financial began coverage on shares of Hewlett Packard Enterprise in a report on Monday, April 17th. They issued a “neutral” rating on the stock. Zacks Investment Research upgraded shares of Hewlett Packard Enterprise from a “strong sell” rating to a “hold” rating in a report on Monday. Raymond James Financial, Inc. reiterated an “outperform” rating and issued a $21.00 target price on shares of Hewlett Packard Enterprise in a report on Monday. Finally, Barclays PLC decreased their target price on shares of Hewlett Packard Enterprise from $21.00 to $18.00 and set an “underweight” rating on the stock in a report on Wednesday, May 10th. Two research analysts have rated the stock with a sell rating, eighteen have given a hold rating, eleven have assigned a buy rating and one has assigned a strong buy rating to the stock. The company presently has a consensus rating of “Hold” and an average price target of $22.15. In other Hewlett Packard Enterprise news, SVP Jeff T. Ricci sold 31,695 shares of Hewlett Packard Enterprise stock in a transaction on Monday, April 24th. The shares were sold at an average price of $18.23, for a total value of $577,799.85. Following the completion of the transaction, the senior vice president now owns 31,695 shares of the company’s stock, valued at $577,799.85. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, EVP John F. Schultz sold 17,176 shares of the business’s stock in a transaction on Friday, March 31st. The shares were sold at an average price of $24.00, for a total transaction of $412,224.00. The disclosure for this sale can be found here. In the last ninety days, insiders sold 1,643,163 shares of company stock valued at $36,204,095. 0.87% of the stock is currently owned by corporate insiders.
Receive News & Ratings for Hewlett Packard Enterprise Co Daily – Enter your email address below to receive a concise daily summary of the latest news and analysts’ ratings for Hewlett Packard Enterprise Co and related companies with MarketBeat.com’s FREE daily email newsletter.