Hewlett Packard Enterprise Co. (NYSE:HPE) EVP Michael G. Nefkens sold 107,500 shares of Hewlett Packard Enterprise stock in a transaction that occurred 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 filing with the SEC, which is available at this hyperlink.

Hewlett Packard Enterprise Co. (NYSE:HPE) opened at 23.24 on Friday. The company has a market cap of $38.71 billion and a PE ratio of 9.70. Hewlett Packard Enterprise Co. has a 52 week low of $11.62 and a 52 week high of $23.53. The company has a 50-day moving average of $21.89 and a 200-day moving average of $18.91.

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

The business 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 $0.055 dividend. The ex-dividend date 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 is presently 9.17%.

A number of hedge funds have recently modified their holdings of HPE. Samlyn Capital LLC bought a new stake in shares of Hewlett Packard Enterprise during the first quarter worth about $36,722,000. Ladenburg Thalmann Financial Services Inc. increased its stake in Hewlett Packard Enterprise by 8.5% in the first quarter. Ladenburg Thalmann Financial Services Inc. now owns 55,270 shares of the company’s stock valued at $985,000 after buying an additional 4,307 shares during the period. Teachers Advisors Inc. increased its stake in Hewlett Packard Enterprise by 12.5% in the first quarter. Teachers Advisors Inc. now owns 4,786,596 shares of the company’s stock valued at $84,866,000 after buying an additional 533,279 shares during the period. Quantbot Technologies LP acquired a new stake in Hewlett Packard Enterprise during the second quarter valued at $609,000. Finally, Rothschild Asset Management Inc. acquired a new stake in Hewlett Packard Enterprise during the second quarter valued at $3,527,000. Institutional investors own 80.69% of the company’s stock.

Several equities research analysts have issued reports on HPE shares. Wells Fargo & Co. reiterated a “buy” rating on shares of Hewlett Packard Enterprise in a research report on Wednesday, June 8th. Sanford C. Bernstein restated a “buy” rating on shares of Hewlett Packard Enterprise in a report on Thursday, May 26th. Deutsche Bank AG restated a “buy” rating on shares of Hewlett Packard Enterprise in a report on Thursday, May 26th. FBN Securities restated a “buy” rating on shares of Hewlett Packard Enterprise in a report on Thursday, May 26th. Finally, Oppenheimer Holdings Inc. restated a “buy” rating and issued a $21.00 price objective on shares of Hewlett Packard Enterprise in a report on Wednesday, June 8th. One analyst has rated the stock with a sell rating, seventeen have given a hold rating and fourteen have assigned a buy rating to the company. The company currently has a consensus rating of “Hold” and a consensus price target of $21.03.

About Hewlett Packard Enterprise

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.

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