Dodge & Cox bought a new position in Hewlett Packard Enterprise Co (NYSE:HPE) during the fourth quarter, according to its most recent disclosure with the SEC. The fund bought 208,800,172 shares of the company’s stock, valued at approximately $4,831,636,000. Hewlett Packard Enterprise comprises approximately 4.3% of Dodge & Cox’s portfolio, making the stock its largest position. Dodge & Cox owned 0.13% of Hewlett Packard Enterprise at the end of the most recent reporting period.

Several other institutional investors have also made changes to their positions in the company. Mitsubishi UFJ Kokusai Asset Management Co. Ltd. increased its position in Hewlett Packard Enterprise by 2.3% in the third quarter. Mitsubishi UFJ Kokusai Asset Management Co. Ltd. now owns 398,197 shares of the company’s stock valued at $9,059,000 after buying an additional 8,833 shares during the last quarter. Mitsubishi UFJ Trust & Banking Corp increased its position in Hewlett Packard Enterprise by 0.7% in the third quarter. Mitsubishi UFJ Trust & Banking Corp now owns 3,576,150 shares of the company’s stock valued at $81,357,000 after buying an additional 24,623 shares during the last quarter. OZ Management LP increased its position in Hewlett Packard Enterprise by 212.4% in the third quarter. OZ Management LP now owns 8,391,778 shares of the company’s stock valued at $190,913,000 after buying an additional 5,705,284 shares during the last quarter. Nomura Asset Management Co. Ltd. increased its position in Hewlett Packard Enterprise by 1.3% in the third quarter. Nomura Asset Management Co. Ltd. now owns 274,330 shares of the company’s stock valued at $6,241,000 after buying an additional 3,470 shares during the last quarter. Finally, Oregon Public Employees Retirement Fund increased its position in Hewlett Packard Enterprise by 36.6% in the third quarter. Oregon Public Employees Retirement Fund now owns 407,040 shares of the company’s stock valued at $9,260,000 after buying an additional 108,973 shares during the last quarter. Hedge funds and other institutional investors own 79.10% of the company’s stock.

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

Hewlett Packard Enterprise Co (NYSE:HPE) traded up 0.48% on Monday, hitting $22.96. 3,506,374 shares of the stock traded hands. The stock has a market cap of $38.06 billion, a price-to-earnings ratio of 12.45 and a beta of 3.05. The company’s 50 day moving average price is $23.25 and its 200-day moving average price is $22.92. Hewlett Packard Enterprise Co has a 52-week low of $15.38 and a 52-week high of $24.88.

Hewlett Packard Enterprise (NYSE:HPE) last posted its earnings results on Thursday, February 23rd. The company reported $0.45 EPS for the quarter, topping analysts’ consensus estimates of $0.44 by $0.01. Hewlett Packard Enterprise had a net margin of 6.31% and a return on equity of 10.43%. The business earned $11.41 billion during the quarter, compared to the consensus estimate of $12.09 billion. During the same quarter in the previous year, the firm posted $0.41 EPS. The firm’s revenue was down 10.4% on a year-over-year basis. On average, analysts forecast that Hewlett Packard Enterprise Co will post $1.93 earnings per share for the current fiscal year.

The business also recently announced a quarterly dividend, which will be paid on Wednesday, April 5th. Shareholders of record on Wednesday, March 15th will be given a $0.065 dividend. This represents a $0.26 dividend on an annualized basis and a yield of 1.14%. The ex-dividend date of this dividend is Monday, March 13th. Hewlett Packard Enterprise’s dividend payout ratio (DPR) is presently 14.21%.

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Several equities analysts recently commented on the company. BMO Capital Markets reiterated a “market perform” rating and issued a $24.00 price objective (down previously from $27.00) on shares of Hewlett Packard Enterprise in a research note on Thursday, February 23rd. Raymond James Financial, Inc. upgraded Hewlett Packard Enterprise from a “market perform” rating to an “outperform” rating and set a $29.00 price objective on the stock in a research note on Wednesday, December 7th. Vetr downgraded Hewlett Packard Enterprise from a “strong-buy” rating to a “buy” rating and set a $27.33 price objective on the stock. in a research note on Wednesday, December 7th. Wells Fargo & Co reiterated a “market perform” rating and issued a $23.00 price objective (up previously from $22.00) on shares of Hewlett Packard Enterprise in a research note on Friday, February 24th. Finally, Jefferies Group LLC reiterated a “buy” rating and issued a $27.00 price objective on shares of Hewlett Packard Enterprise in a research note on Friday, February 24th. Three equities research analysts have rated the stock with a sell rating, sixteen have issued a hold rating, twelve have issued a buy rating and one has issued a strong buy rating to the stock. The stock presently has an average rating of “Hold” and a consensus target price of $23.99.

In other Hewlett Packard Enterprise news, EVP Michael G. Nefkens sold 831,311 shares of Hewlett Packard Enterprise stock in a transaction that occurred on Friday, March 10th. The shares were sold at an average price of $22.41, for a total value of $18,629,679.51. Following the completion of the sale, the executive vice president now owns 474,245 shares of the company’s stock, valued at approximately $10,627,830.45. The transaction was disclosed in a legal filing with the SEC, which is available at the SEC website. Also, EVP Michael G. Nefkens sold 257,965 shares of Hewlett Packard Enterprise stock in a transaction that occurred on Monday, March 13th. The stock was sold at an average price of $22.33, for a total transaction of $5,760,358.45. Following the completion of the sale, the executive vice president now directly owns 412 shares of the company’s stock, valued at approximately $9,199.96. The disclosure for this sale can be found here. In the last ninety days, insiders sold 1,412,009 shares of company stock valued at $31,696,713. 0.87% of the stock is currently owned by 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).

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