1 week Ago By ABMN Staff
Savant Capital LLC grew its position in Hewlett Packard Enterprise ( NYSE:HPE – Free Report ) by 3.5% in the second quarter, HoldingsChannel.com reports.
The firm owned 147,781 shares of the technology company’s stock after acquiring an additional 4,977 shares during the period. Savant Capital LLC’s holdings in Hewlett Packard Enterprise were worth $3,129,000 at the end of the most recent reporting period. Other hedge funds and other institutional investors have also recently modified their holdings of the company.
Rise Advisors LLC increased its stake in Hewlett Packard Enterprise by 253.9% in the 1st quarter. Rise Advisors LLC now owns 1,465 shares of the technology company’s stock worth $26,000 after buying an additional 1,051 shares in the last quarter.
ORG Partners LLC grew its stake in Hewlett Packard Enterprise by 224.5% during the second quarter. ORG Partners LLC now owns 1,853 shares of the technology company’s stock valued at $39,000 after acquiring an additional 1,282 shares in the last quarter.
American National Bank increased its holdings in Hewlett Packard Enterprise by 89.4% in the 1st quarter. American National Bank now owns 1,949 shares of the technology company’s stock valued at $35,000 after acquiring an additional 920 shares during the last quarter.
Johnson Financial Group Inc. purchased a new stake in Hewlett Packard Enterprise in the 4th quarter worth $35,000. Finally, Opal Wealth Advisors LLC purchased a new position in shares of Hewlett Packard Enterprise during the second quarter valued at about $51,000.
80.78% of the stock is owned by hedge funds and other institutional investors. Wall Street Analysts Forecast Growth A number of brokerages recently commented on HPE.
Argus raised Hewlett Packard Enterprise from a “hold” rating to a “buy” rating and set a $26.00 price target for the company in a research note on Friday, June 7th. Susquehanna reissued a “neutral” rating and issued a $20.
00 price objective on shares of Hewlett Packard Enterprise in a research note on Friday. Stifel Nicolaus upped their target price on Hewlett Packard Enterprise from $18.00 to $22.
00 and gave the company a “buy” rating in a research note on Wednesday, June 5th. UBS Group raised their price target on Hewlett Packard Enterprise from $17.00 to $19.
00 and gave the stock a “neutral” rating in a research note on Thursday. Finally, Evercore ISI upped their price objective on Hewlett Packard Enterprise from $18.00 to $22.
00 and gave the company an “in-line” rating in a research report on Wednesday, June 5th. Eight equities research analysts have rated the stock with a hold rating and four have assigned a buy rating to the stock. According to data from MarketBeat.
com, the company presently has a consensus rating of “Hold” and a consensus price target of $21.09. Insider Buying and Selling at Hewlett Packard Enterprise In other news, EVP Neil B.
Macdonald sold 36,671 shares of the business’s stock in a transaction on Tuesday, June 11th. The stock was sold at an average price of $20.51, for a total value of $752,122.
21. Following the completion of the transaction, the executive vice president now directly owns 111,054 shares of the company’s stock, valued at approximately $2,277,717.54.
The transaction was disclosed in a filing with the SEC, which is available at this hyperlink . In other Hewlett Packard Enterprise news, EVP Neil B. Macdonald sold 36,671 shares of Hewlett Packard Enterprise stock in a transaction dated Tuesday, June 11th.
The stock was sold at an average price of $20.51, for a total value of $752,122.21.
Following the transaction, the executive vice president now owns 111,054 shares in the company, valued at $2,277,717.54. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website .
Also, SVP Kirt P. Karros sold 30,686 shares of the business’s stock in a transaction dated Tuesday, June 11th. The stock was sold at an average price of $20.
49, for a total transaction of $628,756.14. The disclosure for this sale can be found here .
In the last 90 days, insiders have sold 90,141 shares of company stock valued at $1,874,608. 0.40% of the stock is currently owned by corporate insiders.
Hewlett Packard Enterprise Price Performance HPE opened at $17.53 on Monday. The company has a market capitalization of $22.
78 billion, a price-to-earnings ratio of 12.80, a PEG ratio of 2.80 and a beta of 1.
19. The company has a current ratio of 0.90, a quick ratio of 0.
59 and a debt-to-equity ratio of 0.34. Hewlett Packard Enterprise has a 12-month low of $14.
47 and a 12-month high of $22.82. The business’s fifty day simple moving average is $19.
38 and its 200-day simple moving average is $18.51. Hewlett Packard Enterprise ( NYSE:HPE – Get Free Report ) last posted its earnings results on Wednesday, September 4th.
The technology company reported $0.50 EPS for the quarter, beating analysts’ consensus estimates of $0.47 by $0.
03. Hewlett Packard Enterprise had a net margin of 6.38% and a return on equity of 8.
49%. The business had revenue of $7.71 billion for the quarter, compared to the consensus estimate of $7.
67 billion. During the same quarter last year, the firm posted $0.35 EPS.
The company’s revenue for the quarter was up 10.1% on a year-over-year basis. On average, equities research analysts anticipate that Hewlett Packard Enterprise will post 1.
59 earnings per share for the current fiscal year. Hewlett Packard Enterprise Announces Dividend The business also recently announced a quarterly dividend, which will be paid on Friday, October 18th. Shareholders of record on Thursday, September 19th will be issued a dividend of $0.
13 per share. The ex-dividend date of this dividend is Thursday, September 19th. This represents a $0.
52 dividend on an annualized basis and a yield of 2.97%. Hewlett Packard Enterprise’s dividend payout ratio is currently 37.
96%. Hewlett Packard Enterprise Profile ( 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.
Read More 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 ..
