Ajo LP purchased a new position in shares of Hewlett Packard Enterprise Co. (NYSE:HPE) during the second quarter, Holdings Channel reports. The firm purchased 29,005 shares of the company’s stock, valued at approximately $530,000.

Several other large investors also recently bought and sold shares of HPE. Badgley Phelps & Bell Inc. raised its stake in Hewlett Packard Enterprise by 139.9% in the first quarter. Badgley Phelps & Bell Inc. now owns 370,456 shares of the company’s stock worth $6,568,000 after buying an additional 216,017 shares during the period. IFP Advisors Inc raised its stake in Hewlett Packard Enterprise by 3.6% in the first quarter. IFP Advisors Inc now owns 20,674 shares of the company’s stock worth $367,000 after buying an additional 712 shares during the period. Torray LLC raised its stake in Hewlett Packard Enterprise by 36.2% in the first quarter. Torray LLC now owns 550,920 shares of the company’s stock worth $9,768,000 after buying an additional 146,480 shares during the period. Patton Albertson Miller Group LLC bought a new stake in Hewlett Packard Enterprise during the first quarter worth about $377,000. Finally, Sound Shore Management Inc. CT bought a new stake in Hewlett Packard Enterprise during the first quarter worth about $114,704,000. Institutional investors and hedge funds own 80.69% of the company’s stock.

Hewlett Packard Enterprise Co. (NYSE:HPE) traded up 1.04% during mid-day trading on Thursday, hitting $23.36. The stock had a trading volume of 3,256,827 shares. The company has a 50 day moving average price of $21.84 and a 200 day moving average price of $18.88. Hewlett Packard Enterprise Co. has a one year low of $11.62 and a one year high of $23.53. The stock has a market cap of $38.91 billion and a P/E ratio of 9.75.

Hewlett Packard Enterprise (NYSE:HPE) last announced its quarterly earnings data on Wednesday, September 7th. The company reported $0.49 earnings per share (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate of $0.45 by $0.04. Hewlett Packard Enterprise had a net margin of 8.31% and a return on equity of 10.15%. The company earned $12.20 billion during the quarter, compared to analysts’ expectations of $12.64 billion. The firm’s quarterly revenue was down 3.9% compared to the same quarter last year. On average, equities analysts anticipate that Hewlett Packard Enterprise Co. will post $1.92 EPS for the current year.

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, November 2nd. Investors of record on Wednesday, October 12th will be given a dividend of $0.055 per share. The ex-dividend date of this dividend is Friday, October 7th. This represents a $0.22 dividend on an annualized basis and a yield of 0.95%. Hewlett Packard Enterprise’s dividend payout ratio (DPR) is 9.17%.

HPE has been the subject of several analyst reports. Mizuho increased their price objective on Hewlett Packard Enterprise from $13.00 to $16.00 and gave the stock a “neutral” rating in a research report on Wednesday, May 25th. Needham & Company LLC upgraded Hewlett Packard Enterprise from a “hold” rating to a “buy” rating and set a $22.00 price objective for the company in a research report on Wednesday, May 25th. Cross Research upgraded Hewlett Packard Enterprise from a “hold” rating to a “buy” rating in a research report on Wednesday, May 25th. FBN Securities increased their price objective on Hewlett Packard Enterprise from $18.00 to $21.00 and gave the stock an “outperform” rating in a research report on Wednesday, May 25th. Finally, Jefferies Group increased their price objective on Hewlett Packard Enterprise from $19.50 to $24.00 and gave the stock a “buy” rating in a research report on Wednesday, May 25th. One research analyst has rated the stock with a sell rating, seventeen have assigned a hold rating and fourteen have issued a buy rating to the company’s stock. The stock has a consensus rating of “Hold” and a consensus price target of $21.03.

In related news, EVP Michael G. Nefkens sold 107,500 shares of the company’s stock in a transaction on Thursday, September 15th. The shares were sold at an average price of $22.00, for a total transaction of $2,365,000.00. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, COO Christopher P. Hsu sold 31,193 shares of the company’s stock in a transaction on Friday, September 16th. The stock was sold at an average price of $22.01, for a total transaction of $686,557.93. Following the sale, the chief operating officer now directly owns 31,192 shares of the company’s stock, valued at $686,535.92. The disclosure for this sale can be found here. Corporate insiders own 0.57% of the company’s stock.

Hewlett Packard Enterprise Company Profile

Hewlett Packard Enterprise Company (Hewlett Packard Enterprise) is engaged in offering information technology (IT) and enterprise services solutions. The Company focuses on technology solutions, which enables the customers to build cloud-enabled, mobile-ready solutions that is suited to their needs. The Company’s portfolio includes enterprise services, software and financial services businesses.

5 Day Chart for NYSE:HPE

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