Hewlett Packard Enterprise (NYSE:HPE) Shares Sold by 180 Wealth Advisors LLC

180 Wealth Advisors LLC reduced its stake in shares of Hewlett Packard Enterprise (NYSE:HPEFree Report) by 6.9% in the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 56,424 shares of the technology company’s stock after selling 4,161 shares during the period. 180 Wealth Advisors LLC’s holdings in Hewlett Packard Enterprise were worth $1,000,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also made changes to their positions in the stock. FMR LLC lifted its position in Hewlett Packard Enterprise by 7.7% during the third quarter. FMR LLC now owns 986,793 shares of the technology company’s stock valued at $17,141,000 after purchasing an additional 70,322 shares during the period. Dark Forest Capital Management LP acquired a new position in Hewlett Packard Enterprise during the third quarter valued at $355,000. Mariner LLC lifted its position in Hewlett Packard Enterprise by 16.1% during the third quarter. Mariner LLC now owns 229,934 shares of the technology company’s stock valued at $3,994,000 after purchasing an additional 31,809 shares during the period. Stifel Financial Corp increased its holdings in Hewlett Packard Enterprise by 6.8% in the third quarter. Stifel Financial Corp now owns 698,389 shares of the technology company’s stock valued at $12,131,000 after buying an additional 44,436 shares in the last quarter. Finally, Natixis Advisors L.P. increased its holdings in Hewlett Packard Enterprise by 66.5% in the third quarter. Natixis Advisors L.P. now owns 450,420 shares of the technology company’s stock valued at $7,824,000 after buying an additional 179,832 shares in the last quarter. 80.78% of the stock is currently owned by institutional investors and hedge funds.

Insider Transactions at Hewlett Packard Enterprise

In other news, CEO Gerri Gold sold 22,784 shares of the company’s stock in a transaction that occurred on Friday, June 14th. The shares were sold at an average price of $21.67, for a total value of $493,729.28. Following the transaction, the chief executive officer now directly owns 57,081 shares in the company, valued at approximately $1,236,945.27. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. In other news, SVP Jeremy Cox sold 18,323 shares of the company’s stock in a transaction that occurred on Wednesday, April 24th. The shares were sold at an average price of $16.96, for a total value of $310,758.08. Following the transaction, the senior vice president now directly owns 15,541 shares in the company, valued at approximately $263,575.36. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, CEO Gerri Gold sold 22,784 shares of the company’s stock in a transaction that occurred on Friday, June 14th. The stock was sold at an average price of $21.67, for a total transaction of $493,729.28. Following the sale, the chief executive officer now directly owns 57,081 shares in the company, valued at $1,236,945.27. The disclosure for this sale can be found here. In the last three months, insiders have sold 158,464 shares of company stock worth $3,160,866. 0.40% of the stock is currently owned by insiders.

Analyst Ratings Changes

A number of research analysts have weighed in on the stock. Barclays lifted their price objective on shares of Hewlett Packard Enterprise from $14.00 to $20.00 and gave the company an “equal weight” rating in a report on Wednesday, June 5th. Argus raised shares of Hewlett Packard Enterprise from a “hold” rating to a “buy” rating and set a $26.00 price objective for the company in a report on Friday, June 7th. StockNews.com raised shares of Hewlett Packard Enterprise from a “hold” rating to a “buy” rating in a report on Wednesday, June 5th. Stifel Nicolaus lifted their price objective on shares of Hewlett Packard Enterprise from $18.00 to $22.00 and gave the company a “buy” rating in a report on Wednesday, June 5th. Finally, Sanford C. Bernstein lifted their price objective on shares of Hewlett Packard Enterprise from $17.00 to $19.00 and gave the company a “market perform” rating in a report on Wednesday, June 5th. Nine research analysts have rated the stock with a hold rating and five have given a buy rating to the company. Based on data from MarketBeat, Hewlett Packard Enterprise currently has a consensus rating of “Hold” and a consensus target price of $20.85.

Check Out Our Latest Report on Hewlett Packard Enterprise

Hewlett Packard Enterprise Price Performance

HPE traded up $0.13 on Thursday, reaching $21.05. 12,904,232 shares of the company’s stock were exchanged, compared to its average volume of 16,390,266. The stock has a market cap of $27.36 billion, a PE ratio of 15.36, a P/E/G ratio of 3.05 and a beta of 1.18. Hewlett Packard Enterprise has a twelve month low of $14.47 and a twelve month high of $22.82. The stock’s fifty day moving average price is $18.57 and its 200-day moving average price is $17.26. The company has a debt-to-equity ratio of 0.34, a current ratio of 0.90 and a quick ratio of 0.59.

Hewlett Packard Enterprise (NYSE:HPEGet Free Report) last posted its earnings results on Tuesday, June 4th. The technology company reported $0.42 earnings per share for the quarter, beating the consensus estimate of $0.39 by $0.03. The company had revenue of $7.20 billion for the quarter, compared to analyst estimates of $6.82 billion. Hewlett Packard Enterprise had a net margin of 6.38% and a return on equity of 8.49%. Hewlett Packard Enterprise’s revenue was up 3.3% on a year-over-year basis. During the same period in the previous year, the business posted $0.32 EPS. Sell-side analysts expect that Hewlett Packard Enterprise will post 1.59 EPS for the current year.

Hewlett Packard Enterprise Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Thursday, July 18th. Shareholders of record on Wednesday, June 19th will be issued a $0.13 dividend. The ex-dividend date is Tuesday, June 18th. This represents a $0.52 annualized dividend and a yield of 2.47%. Hewlett Packard Enterprise’s payout ratio is 37.96%.

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.

Further Reading

Institutional Ownership by Quarter for Hewlett Packard Enterprise (NYSE:HPE)

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.