Hewlett Packard Enterprise Company (NYSE:HPE) CEO Margaret C. Whitman sold 251,268 shares of Hewlett Packard Enterprise stock in a transaction dated Friday, August 4th. The shares were sold at an average price of $17.40, for a total transaction of $4,372,063.20. Following the completion of the sale, the chief executive officer now owns 865,021 shares in the company, valued at approximately $15,051,365.40. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website.

Hewlett Packard Enterprise Company (NYSE HPE) opened at 17.63 on Tuesday. The firm’s 50-day moving average is $17.04 and its 200-day moving average is $17.61. The stock has a market capitalization of $28.96 billion, a P/E ratio of 13.37 and a beta of 2.74. Hewlett Packard Enterprise Company has a 52 week low of $15.49 and a 52 week high of $19.16.

Hewlett Packard Enterprise (NYSE:HPE) last announced its quarterly earnings data on Wednesday, May 31st. The technology company reported $0.35 earnings per share for the quarter, hitting the Thomson Reuters’ consensus estimate of $0.35. The business had revenue of $9.90 billion for the quarter, compared to analyst estimates 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 revenue was down 22.1% on a year-over-year basis. During the same period in the prior year, the firm posted $0.42 EPS. On average, equities research analysts predict that Hewlett Packard Enterprise Company will post $1.45 EPS for the current fiscal year.

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, October 4th. Investors of record on Wednesday, September 13th will be issued a $0.065 dividend. The ex-dividend date of this dividend is Tuesday, September 12th. This represents a $0.26 annualized dividend and a yield of 1.47%. Hewlett Packard Enterprise’s payout ratio is 20.16%.

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A number of hedge funds have recently modified their holdings of HPE. Boston Advisors LLC increased its stake in shares of Hewlett Packard Enterprise by 5.2% in the first quarter. Boston Advisors LLC now owns 19,765 shares of the technology company’s stock valued at $468,000 after buying an additional 976 shares during the period. DnB Asset Management AS increased its stake in Hewlett Packard Enterprise by 1,606.5% in the first quarter. DnB Asset Management AS now owns 2,817,112 shares of the technology company’s stock worth $66,766,000 after buying an additional 2,652,032 shares during the last quarter. Capital Investment Advisors LLC bought a new stake in Hewlett Packard Enterprise during the first quarter worth $410,000. Reilly Financial Advisors LLC increased its stake 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 worth $119,000 after buying an additional 250 shares during the last quarter. Finally, Heritage Investors Management Corp increased its stake in Hewlett Packard Enterprise by 2.4% in the first quarter. Heritage Investors Management Corp now owns 247,068 shares of the technology company’s stock worth $5,856,000 after buying an additional 5,900 shares during the last quarter. 80.31% of the stock is owned by institutional investors.

Several analysts have recently issued reports on the stock. Berenberg Bank set a $17.00 target price on shares of Hewlett Packard Enterprise and gave the company a “hold” rating in a research report on Saturday, June 3rd. Tigress Financial assumed coverage on shares of Hewlett Packard Enterprise in a research report on Monday, April 17th. They issued a “neutral” rating on the stock. Zacks Investment Research upgraded shares of Hewlett Packard Enterprise from a “strong sell” rating to a “hold” rating in a research report on Monday, June 5th. Raymond James Financial, Inc. reiterated an “outperform” rating and issued a $21.00 target price on shares of Hewlett Packard Enterprise in a research report on Monday, June 5th. Finally, Barclays PLC dropped their target price on shares of Hewlett Packard Enterprise from $21.00 to $18.00 and set an “underweight” rating on the stock in a research report on Wednesday, May 10th. Three investment analysts have rated the stock with a sell rating, fifteen have given a hold rating, twelve have given a buy rating and one has issued a strong buy rating to the company’s stock. The stock presently has a consensus rating of “Hold” and an average price target of $21.87.

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).

Insider Buying and Selling by Quarter for Hewlett Packard Enterprise (NYSE:HPE)

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