Hewlett Packard Enterprise Company (NYSE:HPE) shares traded down 2.1% on Monday . The company traded as low as $13.82 and last traded at $14.31. 22,355,795 shares changed hands during trading, an increase of 69% from the average session volume of 13,241,500 shares. The stock had previously closed at $14.01.

A number of research analysts have weighed in on the stock. Stifel Nicolaus reissued a “hold” rating and set a $20.00 target price on shares of Hewlett Packard Enterprise in a research report on Friday, May 26th. Robert W. Baird reissued a “hold” rating on shares of Hewlett Packard Enterprise in a research report on Thursday, June 1st. Credit Suisse Group reissued a “buy” rating and set a $21.00 target price on shares of Hewlett Packard Enterprise in a research report on Tuesday, May 23rd. Barclays PLC cut their target price on shares of Hewlett Packard Enterprise from $21.00 to $18.00 and set an “underweight” rating for the company in a research report on Wednesday, May 10th. Finally, Oppenheimer Holdings, Inc. reissued a “buy” rating and set a $17.00 target price on shares of Hewlett Packard Enterprise in a research report on Friday. Two analysts have rated the stock with a sell rating, seventeen have issued a hold rating, thirteen have issued a buy rating and one has given a strong buy rating to the company’s stock. The company currently has an average rating of “Hold” and a consensus target price of $21.55.

The firm has a market cap of $23.51 billion, a price-to-earnings ratio of 10.85 and a beta of 2.72. The firm’s 50 day moving average price is $13.67 and its 200-day moving average price is $13.70.

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, October 4th. Shareholders of record on Wednesday, September 13th will be paid a $0.065 dividend. This represents a $0.26 annualized dividend and a yield of 1.82%. The ex-dividend date is Tuesday, September 12th. Hewlett Packard Enterprise’s dividend payout ratio (DPR) is 20.16%.

In other Hewlett Packard Enterprise news, EVP Christopher P. Hsu sold 15,333 shares of Hewlett Packard Enterprise stock in a transaction dated Thursday, July 20th. The shares were sold at an average price of $17.67, for a total value of $270,934.11. Following the completion of the sale, the executive vice president now owns 15,333 shares in the company, valued at approximately $270,934.11. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Also, CEO Margaret C. Whitman sold 62,652 shares of Hewlett Packard Enterprise stock in a transaction dated Thursday, June 22nd. The stock was sold at an average price of $16.71, for a total transaction of $1,046,914.92. Following the completion of the sale, the chief executive officer now owns 830,251 shares of the company’s stock, valued at approximately $13,873,494.21. The disclosure for this sale can be found here. Insiders sold a total of 1,963,677 shares of company stock valued at $34,198,508 in the last quarter. Corporate insiders own 0.87% of the company’s stock.

A number of institutional investors have recently modified their holdings of HPE. WFG Advisors LP raised its stake in Hewlett Packard Enterprise by 15.3% in the 2nd quarter. WFG Advisors LP now owns 6,043 shares of the technology company’s stock worth $100,000 after purchasing an additional 801 shares in the last quarter. Archford Capital Strategies LLC increased its holdings in Hewlett Packard Enterprise by 6,858.7% in the 2nd quarter. Archford Capital Strategies LLC now owns 7,585 shares of the technology company’s stock valued at $101,000 after buying an additional 7,476 shares during the period. YorkBridge Wealth Partners LLC increased its holdings in Hewlett Packard Enterprise by 3.2% in the 2nd quarter. YorkBridge Wealth Partners LLC now owns 6,457 shares of the technology company’s stock valued at $108,000 after buying an additional 200 shares during the period. Whittier Trust Co. of Nevada Inc. increased its holdings in Hewlett Packard Enterprise by 4.1% in the 2nd quarter. Whittier Trust Co. of Nevada Inc. now owns 6,713 shares of the technology company’s stock valued at $111,000 after buying an additional 266 shares during the period. Finally, State of Alaska Department of Revenue bought a new position in Hewlett Packard Enterprise in the 1st quarter valued at about $125,000. Institutional investors and hedge funds own 80.21% of the company’s stock.

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About Hewlett Packard Enterprise

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).

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