Hewlett Packard Enterprise Company (NYSE:HPE) – Equities researchers at KeyCorp issued their Q3 2017 earnings per share (EPS) estimates for shares of Hewlett Packard Enterprise in a report released on Sunday. KeyCorp analyst A. Kurtz expects that the technology company will earn $0.24 per share for the quarter. KeyCorp also issued estimates for Hewlett Packard Enterprise’s Q4 2017 earnings at $0.45 EPS.

HPE has been the topic of a number of other research reports. CIBC cut their target price on shares of Hewlett Packard Enterprise from $27.00 to $21.00 and set a “buy” rating on the stock in a research note on Tuesday, July 4th. Credit Suisse Group reissued an “outperform” rating on shares of Hewlett Packard Enterprise in a research note on Saturday, June 3rd. Maxim Group reissued a “hold” rating and issued a $18.00 target price on shares of Hewlett Packard Enterprise in a research note on Friday, July 14th. Stifel Nicolaus reissued a “hold” rating and issued a $20.00 target price on shares of Hewlett Packard Enterprise in a research note on Friday, May 26th. Finally, Mizuho reissued a “buy” rating on shares of Hewlett Packard Enterprise in a research note on Wednesday, July 12th. Two analysts have rated the stock with a sell rating, sixteen have given a hold rating, thirteen have given a buy rating and one has issued a strong buy rating to the stock. The stock has a consensus rating of “Hold” and a consensus price target of $21.99.

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Hewlett Packard Enterprise (NYSE:HPE) opened at 17.90 on Wednesday. The firm has a market cap of $29.40 billion, a P/E ratio of 13.57 and a beta of 2.74. Hewlett Packard Enterprise has a 1-year low of $14.79 and a 1-year high of $19.16. The firm has a 50 day moving average of $16.91 and a 200 day moving average of $17.58.

Hewlett Packard Enterprise (NYSE:HPE) last posted its quarterly earnings results on Wednesday, May 31st. The technology company reported $0.35 EPS for the quarter, hitting the Thomson Reuters’ consensus estimate of $0.35. The business had revenue of $9.90 billion during the quarter, compared to the consensus estimate of $9.75 billion. Hewlett Packard Enterprise had a net margin of 4.85% and a return on equity of 9.80%. The company’s quarterly revenue was down 22.1% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $0.42 earnings per share.

A number of hedge funds and other institutional investors have recently made changes to their positions in HPE. Reilly Financial Advisors LLC raised its position in Hewlett Packard Enterprise by 5.3% in the first quarter. Reilly Financial Advisors LLC now owns 5,002 shares of the technology company’s stock valued at $119,000 after buying an additional 250 shares during the period. State of Alaska Department of Revenue acquired a new position in Hewlett Packard Enterprise during the first quarter valued at approximately $125,000. Harfst & Associates Inc. acquired a new position in Hewlett Packard Enterprise during the first quarter valued at approximately $127,000. James Investment Research Inc. raised its position in Hewlett Packard Enterprise by 8.8% in the first quarter. James Investment Research Inc. now owns 5,580 shares of the technology company’s stock valued at $132,000 after buying an additional 450 shares during the period. Finally, YorkBridge Wealth Partners LLC raised its position in Hewlett Packard Enterprise by 12.1% in the first quarter. YorkBridge Wealth Partners LLC now owns 6,257 shares of the technology company’s stock valued at $117,000 after buying an additional 675 shares during the period. 80.87% of the stock is owned by institutional investors.

In other Hewlett Packard Enterprise news, CEO Margaret C. Whitman sold 62,652 shares of the firm’s stock in a transaction on Thursday, June 22nd. The shares were sold at an average price of $16.71, for a total transaction of $1,046,914.92. Following the completion of the transaction, the chief executive officer now directly owns 830,251 shares of the company’s stock, valued at approximately $13,873,494.21. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, CEO Margaret C. Whitman sold 132,192 shares of the firm’s stock in a transaction on Wednesday, June 21st. The stock was sold at an average price of $16.71, for a total transaction of $2,208,928.32. Following the transaction, the chief executive officer now directly owns 865,021 shares of the company’s stock, valued at $14,454,500.91. The disclosure for this sale can be found here. Over the last three months, insiders have sold 922,288 shares of company stock valued at $15,957,497. 0.87% of the stock is owned by company insiders.

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, October 4th. Shareholders of record on Wednesday, September 13th will be issued a dividend of $0.065 per share. This represents a $0.26 annualized dividend and a yield of 1.45%. Hewlett Packard Enterprise’s dividend payout ratio is currently 20.16%.

Hewlett Packard Enterprise Company Profile

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

Earnings History and Estimates for Hewlett Packard Enterprise (NYSE:HPE)

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