2 weeks Ago By ABMN Staff
Maverick Capital Ltd. boosted its stake in Hewlett Packard Enterprise ( NYSE:HPE – Free Report ) by 280.3% in the second quarter, according to the company in its most recent disclosure with the SEC.
The firm owned 132,601 shares of the technology company’s stock after purchasing an additional 97,730 shares during the quarter. Maverick Capital Ltd.’s holdings in Hewlett Packard Enterprise were worth $2,807,000 as of its most recent filing with the SEC.
Several other institutional investors and hedge funds have also recently bought and sold shares of HPE. Wells Fargo & Company MN increased its holdings in shares of Hewlett Packard Enterprise by 4.1% during the 4th quarter.
Wells Fargo & Company MN now owns 1,317,516 shares of the technology company’s stock worth $22,371,000 after buying an additional 51,311 shares during the last quarter. Commerce Bank increased its stake in Hewlett Packard Enterprise by 2.0% during the fourth quarter.
Commerce Bank now owns 57,274 shares of the technology company’s stock worth $973,000 after acquiring an additional 1,126 shares during the last quarter. United Services Automobile Association raised its holdings in shares of Hewlett Packard Enterprise by 23.5% in the 4th quarter.
United Services Automobile Association now owns 46,263 shares of the technology company’s stock worth $786,000 after purchasing an additional 8,813 shares during the period. Steward Partners Investment Advisory LLC lifted its stake in shares of Hewlett Packard Enterprise by 709.0% in the 4th quarter.
Steward Partners Investment Advisory LLC now owns 205,856 shares of the technology company’s stock valued at $3,495,000 after purchasing an additional 180,410 shares in the last quarter. Finally, TD Asset Management Inc grew its holdings in shares of Hewlett Packard Enterprise by 49.0% during the 4th quarter.
TD Asset Management Inc now owns 799,850 shares of the technology company’s stock worth $13,581,000 after purchasing an additional 263,182 shares during the period. Institutional investors and hedge funds own 80.78% of the company’s stock.
Hewlett Packard Enterprise Stock Up 2.5 % Shares of NYSE HPE opened at $20.35 on Friday.
The firm has a market cap of $26.45 billion, a price-to-earnings ratio of 14.85, a PEG ratio of 3.
05 and a beta of 1.19. Hewlett Packard Enterprise has a 1 year low of $14.
47 and a 1 year high of $22.82. The company has a debt-to-equity ratio of 0.
36, a quick ratio of 0.62 and a current ratio of 0.94.
The stock’s 50-day simple moving average is $18.57 and its 200-day simple moving average is $18.64.
Hewlett Packard Enterprise Dividend Announcement The business also recently disclosed a quarterly dividend, which will be paid on Friday, October 18th. Shareholders of record on Thursday, September 19th will be paid a dividend of $0.13 per share.
The ex-dividend date is Thursday, September 19th. This represents a $0.52 dividend on an annualized basis and a yield of 2.
56%. Hewlett Packard Enterprise’s dividend payout ratio (DPR) is 37.96%.
Wall Street Analyst Weigh In Several research analysts recently commented on HPE shares. Susquehanna restated a “neutral” rating and issued a $20.00 price target on shares of Hewlett Packard Enterprise in a report on Friday, September 6th.
Loop Capital raised their target price on shares of Hewlett Packard Enterprise from $16.00 to $18.00 and gave the company a “hold” rating in a research note on Monday, September 9th.
Evercore ISI upped their price target on shares of Hewlett Packard Enterprise from $18.00 to $22.00 and gave the stock an “in-line” rating in a research report on Wednesday, June 5th.
Barclays raised Hewlett Packard Enterprise from an “equal weight” rating to an “overweight” rating and raised their price objective for the company from $20.00 to $24.00 in a research report on Wednesday.
Finally, Bank of America upgraded Hewlett Packard Enterprise from a “neutral” rating to a “buy” rating and boosted their price objective for the stock from $21.00 to $24.00 in a research note on Tuesday, September 17th.
Eight equities research analysts have rated the stock with a hold rating and six have issued a buy rating to the company. According to MarketBeat, Hewlett Packard Enterprise currently has an average rating of “Hold” and an average target price of $21.31.
Read Our Latest Research Report on HPE Insiders Place Their Bets In other news, EVP Neil B. Macdonald sold 29,000 shares of the company’s stock in a transaction dated Friday, September 13th. The shares were sold at an average price of $17.
00, for a total value of $493,000.00. Following the sale, the executive vice president now owns 82,061 shares in the company, valued at approximately $1,395,037.
The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website . 0.40% of the stock is owned by company insiders.
About Hewlett Packard Enterprise ( Free Report ) 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. Featured Articles Want to see what other hedge funds are holding HPE? Visit HoldingsChannel.
com to get the latest 13F filings and insider trades for Hewlett Packard Enterprise ( NYSE:HPE – Free Report ). Receive News & Ratings for Hewlett Packard Enterprise Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Hewlett Packard Enterprise and related companies with MarketBeat.com's FREE daily email newsletter .
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