BT Investment Management Ltd acquired a new stake in shares of Hewlett Packard Enterprise Company (NYSE:HPE) during the 2nd quarter, according to the company in its most recent 13F filing with the SEC. The firm acquired 341,215 shares of the technology company’s stock, valued at approximately $5,661,000.

Several other institutional investors also recently bought and sold shares of HPE. LS Investment Advisors LLC raised its position in shares of Hewlett Packard Enterprise by 13.5% during the 1st quarter. LS Investment Advisors LLC now owns 54,220 shares of the technology company’s stock valued at $1,285,000 after buying an additional 6,448 shares in the last quarter. Benjamin F. Edwards & Company Inc. raised its position in shares of Hewlett Packard Enterprise by 12.4% during the 1st quarter. Benjamin F. Edwards & Company Inc. now owns 12,545 shares of the technology company’s stock valued at $297,000 after buying an additional 1,382 shares in the last quarter. Swiss National Bank raised its position in shares of Hewlett Packard Enterprise by 26.8% during the 1st quarter. Swiss National Bank now owns 5,903,092 shares of the technology company’s stock valued at $139,903,000 after buying an additional 1,246,200 shares in the last quarter. World Asset Management Inc raised its position in shares of Hewlett Packard Enterprise by 9.3% during the 1st quarter. World Asset Management Inc now owns 176,636 shares of the technology company’s stock valued at $4,186,000 after buying an additional 15,055 shares in the last quarter. Finally, British Columbia Investment Management Corp raised its position in shares of Hewlett Packard Enterprise by 13.3% during the 1st quarter. British Columbia Investment Management Corp now owns 1,183,732 shares of the technology company’s stock valued at $28,054,000 after buying an additional 138,941 shares in the last quarter. Hedge funds and other institutional investors own 80.21% of the company’s stock.

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Several research firms have recently weighed in on HPE. Barclays PLC restated a “sell” rating and set a $14.00 price objective on shares of Hewlett Packard Enterprise in a research report on Friday, September 8th. Loop Capital restated a “hold” rating and set a $14.50 price objective (down previously from $17.00) on shares of Hewlett Packard Enterprise in a research report on Friday, September 8th. Susquehanna Bancshares Inc reiterated a “neutral” rating and issued a $14.00 target price (down previously from $17.00) on shares of Hewlett Packard Enterprise in a research report on Thursday, September 7th. Zacks Investment Research cut shares of Hewlett Packard Enterprise from a “hold” rating to a “sell” rating in a research report on Thursday, September 7th. Finally, Deutsche Bank AG decreased their target price on shares of Hewlett Packard Enterprise from $20.00 to $16.00 and set a “buy” rating on the stock in a research report on Wednesday, September 6th. Four investment analysts have rated the stock with a sell rating, seventeen have given a hold rating, thirteen have issued a buy rating and one has given a strong buy rating to the stock. Hewlett Packard Enterprise has a consensus rating of “Hold” and an average target price of $19.03.

Shares of Hewlett Packard Enterprise Company (HPE) traded up 0.37% during midday trading on Friday, hitting $13.52. 15,605,995 shares of the stock were exchanged. The stock has a market cap of $22.21 billion, a P/E ratio of 10.25 and a beta of 2.72. The firm has a 50 day moving average of $13.61 and a 200-day moving average of $13.66. Hewlett Packard Enterprise Company has a 12 month low of $12.26 and a 12 month high of $14.86.

Hewlett Packard Enterprise (NYSE:HPE) last posted its quarterly earnings results on Tuesday, September 5th. The technology company reported $0.30 EPS for the quarter, topping the Thomson Reuters’ consensus estimate of $0.26 by $0.04. The company had revenue of $8.21 billion for the quarter, compared to the consensus estimate of $7.49 billion. Hewlett Packard Enterprise had a net margin of 0.29% and a return on equity of 9.04%. The firm’s revenue was up 2.5% compared to the same quarter last year. During the same quarter last year, the firm posted $0.49 EPS. Equities research analysts anticipate that Hewlett Packard Enterprise Company will post $1.40 EPS for the current year.

The business also recently declared a quarterly dividend, which will be paid on Wednesday, October 4th. Investors of record on Wednesday, September 13th will be paid a $0.065 dividend. This represents a $0.26 annualized dividend and a yield of 1.92%. The ex-dividend date is Tuesday, September 12th. Hewlett Packard Enterprise’s dividend payout ratio is presently 371.48%.

In related news, CEO Margaret C. Whitman sold 249,052 shares of the firm’s stock in a transaction dated Thursday, September 14th. The shares were sold at an average price of $13.14, for a total value of $3,272,543.28. Following the transaction, the chief executive officer now owns 892,118 shares of the company’s stock, valued at approximately $11,722,430.52. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link. Also, CEO Margaret C. Whitman sold 62,652 shares of the firm’s 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 transaction, the chief executive officer now directly owns 830,251 shares in the company, valued at approximately $13,873,494.21. The disclosure for this sale can be found here. Insiders sold a total of 2,212,729 shares of company stock worth $37,471,052 in the last ninety days. 0.87% of the stock is currently owned by insiders.

Hewlett Packard Enterprise 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).

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

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