GSA Capital Partners LLP acquired a new position in shares of Hewlett Packard Enterprise Company (NYSE:HPE) during the 2nd quarter, according to its most recent 13F filing with the SEC. The fund acquired 173,615 shares of the technology company’s stock, valued at approximately $2,880,000.

A number of other hedge funds have also bought and sold shares of the business. Guardian Life Insurance Co. of America increased its holdings in Hewlett Packard Enterprise by 0.7% during the 1st quarter. Guardian Life Insurance Co. of America now owns 6,427 shares of the technology company’s stock worth $152,000 after purchasing an additional 43 shares during the last quarter. Buckingham Asset Management LLC increased its holdings in Hewlett Packard Enterprise by 0.5% during the 1st quarter. Buckingham Asset Management LLC now owns 19,748 shares of the technology company’s stock worth $468,000 after purchasing an additional 106 shares during the last quarter. Tdam USA Inc. increased its holdings in Hewlett Packard Enterprise by 0.9% during the 1st quarter. Tdam USA Inc. now owns 17,792 shares of the technology company’s stock worth $422,000 after purchasing an additional 162 shares during the last quarter. Cleararc Capital Inc. increased its holdings in Hewlett Packard Enterprise by 0.5% during the 1st quarter. Cleararc Capital Inc. now owns 40,716 shares of the technology company’s stock worth $965,000 after purchasing an additional 221 shares during the last quarter. Finally, Whittier Trust Co. of Nevada Inc. increased its holdings in Hewlett Packard Enterprise by 4.1% during the 2nd quarter. Whittier Trust Co. of Nevada Inc. now owns 6,713 shares of the technology company’s stock worth $111,000 after purchasing an additional 266 shares during the last quarter. Institutional investors own 81.34% of the company’s stock.

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Shares of Hewlett Packard Enterprise Company (NYSE HPE) traded up 0.5923% on Wednesday, reaching $13.5699. The company’s stock had a trading volume of 3,907,642 shares. The company has a 50 day moving average price of $13.61 and a 200 day moving average price of $13.67. The company has a market cap of $21.98 billion, a P/E ratio of 188.4708 and a beta of 2.72. Hewlett Packard Enterprise Company has a 52-week low of $12.26 and a 52-week high of $14.86.

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

The company also recently declared 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 dividend yield of 1.93%. The ex-dividend date of this dividend is Tuesday, September 12th. Hewlett Packard Enterprise’s dividend payout ratio is 371.48%.

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 stock was sold at an average price of $17.67, for a total value of $270,934.11. Following the sale, the executive vice president now owns 15,333 shares of the company’s stock, valued at approximately $270,934.11. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CEO Margaret C. Whitman sold 194,844 shares of Hewlett Packard Enterprise stock in a transaction dated Wednesday, July 12th. The shares were sold at an average price of $16.73, for a total value of $3,259,740.12. Following the completion of the sale, the chief executive officer now directly owns 865,021 shares in the company, valued at approximately $14,471,801.33. The disclosure for this sale can be found here. Insiders sold a total of 2,080,537 shares of company stock worth $35,262,123 in the last three months. Company insiders own 0.87% of the company’s stock.

HPE has been the subject of several research reports. BidaskClub lowered Hewlett Packard Enterprise from a “hold” rating to a “sell” rating in a research report on Saturday, August 5th. Morgan Stanley reiterated an “equal weight” rating and issued a $18.00 target price on shares of Hewlett Packard Enterprise in a research report on Friday, August 18th. Robert W. Baird reiterated a “hold” rating and issued a $19.00 target price on shares of Hewlett Packard Enterprise in a research report on Wednesday, June 7th. Deutsche Bank AG decreased their target price on Hewlett Packard Enterprise from $20.00 to $16.00 and set a “buy” rating for the company in a research report on Wednesday, September 6th. Finally, Barclays PLC reiterated a “sell” rating and issued a $14.00 target price on shares of Hewlett Packard Enterprise in a research report on Friday, September 8th. Four analysts have rated the stock with a sell rating, seventeen have given a hold rating, thirteen have given a buy rating and one has given a strong buy rating to the company’s stock. Hewlett Packard Enterprise has an average rating of “Hold” and an average target price of $18.79.

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).

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

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