JPMorgan Chase & Co. boosted its stake in shares of Hewlett Packard Enterprise Co. (NYSE:HPE) by 0.5% during the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 9,264,690 shares of the company’s stock after buying an additional 49,760 shares during the period. JPMorgan Chase & Co.’s holdings in Hewlett Packard Enterprise were worth $210,771,000 at the end of the most recent reporting period.

Other hedge funds have also recently modified their holdings of the company. Bronfman E.L. Rothschild L.P. increased its stake in shares of Hewlett Packard Enterprise by 10.3% in the third quarter. Bronfman E.L. Rothschild L.P. now owns 4,739 shares of the company’s stock valued at $108,000 after buying an additional 441 shares during the period. Sei Investments Co. increased its stake in shares of Hewlett Packard Enterprise by 28.3% in the third quarter. Sei Investments Co. now owns 2,560,270 shares of the company’s stock valued at $58,247,000 after buying an additional 564,654 shares during the period. Rand Wealth LLC increased its stake in shares of Hewlett Packard Enterprise by 1.0% in the third quarter. Rand Wealth LLC now owns 49,107 shares of the company’s stock valued at $1,117,000 after buying an additional 476 shares during the period. Daiwa Securities Group Inc. increased its stake in shares of Hewlett Packard Enterprise by 15.6% in the third quarter. Daiwa Securities Group Inc. now owns 48,300 shares of the company’s stock valued at $1,099,000 after buying an additional 6,500 shares during the period. Finally, M&T Bank Corp increased its stake in shares of Hewlett Packard Enterprise by 35.7% in the third quarter. M&T Bank Corp now owns 434,264 shares of the company’s stock valued at $9,880,000 after buying an additional 114,304 shares during the period. 78.37% of the stock is owned by institutional investors.

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

Shares of Hewlett Packard Enterprise Co. (NYSE:HPE) opened at 23.80 on Thursday. The company has a market capitalization of $39.65 billion and a PE ratio of 13.08. Hewlett Packard Enterprise Co. has a 12 month low of $11.62 and a 12 month high of $23.90. The firm has a 50-day moving average of $22.48 and a 200 day moving average of $20.79.

Hewlett Packard Enterprise (NYSE:HPE) last announced its quarterly earnings results on Tuesday, November 22nd. The company reported $0.61 earnings per share for the quarter, meeting analysts’ consensus estimates of $0.61. Hewlett Packard Enterprise had a return on equity of 10.38% and a net margin of 6.31%. The firm had revenue of $12.50 billion for the quarter, compared to analysts’ expectations of $12.85 billion. During the same period in the prior year, the business posted $0.52 earnings per share. The business’s revenue was down 7.2% compared to the same quarter last year. On average, equities research analysts expect that Hewlett Packard Enterprise Co. will post $2.06 earnings per share for the current fiscal year.

The business also recently declared a quarterly dividend, which will be paid on Wednesday, January 4th. Shareholders of record on Wednesday, December 14th will be given a $0.065 dividend. This represents a $0.26 dividend on an annualized basis and a yield of 1.09%. This is a boost from Hewlett Packard Enterprise’s previous quarterly dividend of $0.06. The ex-dividend date is Monday, December 12th. Hewlett Packard Enterprise’s dividend payout ratio is 12.02%.

ILLEGAL ACTIVITY WARNING: “JPMorgan Chase & Co. Acquires 49,760 Shares of Hewlett Packard Enterprise Co. (HPE)” was posted by Daily Political and is owned by of Daily Political. If you are reading this article on another website, it was illegally stolen and reposted in violation of U.S. & international copyright & trademark laws. The correct version of this article can be read at http://www.dailypolitical.com/2016/12/01/jpmorgan-chase-co-acquires-49760-shares-of-hewlett-packard-enterprise-co-hpe.html.

Several analysts have issued reports on the stock. Vetr downgraded shares of Hewlett Packard Enterprise from a “strong-buy” rating to a “buy” rating and set a $26.49 price objective for the company. in a research report on Tuesday. Sanford C. Bernstein reissued an “outperform” rating and set a $24.50 price target on shares of Hewlett Packard Enterprise in a research report on Friday, November 25th. Susquehanna set a $20.00 price target on shares of Hewlett Packard Enterprise and gave the stock a “hold” rating in a research report on Thursday, November 24th. Jefferies Group decreased their price target on shares of Hewlett Packard Enterprise from $29.00 to $27.00 and set a “buy” rating for the company in a research report on Friday, November 25th. Finally, Deutsche Bank AG raised their price target on shares of Hewlett Packard Enterprise from $24.00 to $26.00 and gave the stock a “buy” rating in a research report on Wednesday, November 23rd. Two investment analysts have rated the stock with a sell rating, thirteen have assigned a hold rating and fifteen have assigned a buy rating to the company’s stock. The company currently has an average rating of “Hold” and an average price target of $22.83.

In other news, SVP Jeff T. Ricci sold 43,137 shares of the stock in a transaction on Monday, November 7th. The stock was sold at an average price of $22.44, for a total transaction of $967,994.28. Following the sale, the senior vice president now owns 52,221 shares in the company, valued at $1,171,839.24. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, Director Ann M. Livermore sold 44,000 shares of the stock in a transaction on Wednesday, September 21st. The stock was sold at an average price of $22.65, for a total value of $996,600.00. The disclosure for this sale can be found here. 0.57% of the stock is owned by company insiders.

Hewlett Packard Enterprise Company Profile

Hewlett Packard Enterprise Company is a provider of technology solutions. The Company operates through five segments: Enterprise Group, Software, Enterprise Services, Financial Services and Corporate Investments. The Enterprise Group segment provides its customers with the technology infrastructure they need to optimize traditional information technology (IT).

5 Day Chart for NYSE:HPE

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 Co. (NYSE:HPE).

Receive News & Ratings for Hewlett Packard Enterprise Co. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Hewlett Packard Enterprise Co. and related companies with MarketBeat.com's FREE daily email newsletter.