FIL Ltd lessened its holdings in shares of Hewlett Packard Enterprise Company (NYSE:HPE) by 59.4% in the second quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 5,749,630 shares of the technology company’s stock after selling 8,422,889 shares during the quarter. FIL Ltd owned about 0.35% of Hewlett Packard Enterprise worth $95,387,000 at the end of the most recent reporting period.

Other large investors have also modified their holdings of the company. Harfst & Associates Inc. bought a new position in Hewlett Packard Enterprise during the first quarter worth about $127,000. YorkBridge Wealth Partners LLC boosted its position in Hewlett Packard Enterprise by 12.1% during the first quarter. YorkBridge Wealth Partners LLC now owns 6,257 shares of the technology company’s stock worth $117,000 after purchasing an additional 675 shares during the period. Guardian Life Insurance Co. of America boosted its position in Hewlett Packard Enterprise by 0.7% during the first 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 period. Whittier Trust Co. of Nevada Inc. boosted its position in Hewlett Packard Enterprise by 4.1% during the second 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 period. Finally, State of Alaska Department of Revenue boosted its position in Hewlett Packard Enterprise by 55.1% during the second quarter. State of Alaska Department of Revenue now owns 8,224 shares of the technology company’s stock worth $136,000 after purchasing an additional 2,920 shares during the period. Hedge funds and other institutional investors own 81.34% of the company’s stock.

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A number of equities analysts have weighed in on the stock. Berenberg Bank set a $17.00 target price on shares of Hewlett Packard Enterprise and gave the stock a “hold” rating in a research report on Saturday, June 3rd. Raymond James Financial, Inc. reiterated an “outperform” rating and set a $21.00 target price on shares of Hewlett Packard Enterprise in a research report on Monday, June 5th. 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. Jefferies Group LLC reiterated a “buy” rating and set a $17.50 target price (down previously from $22.00) on shares of Hewlett Packard Enterprise in a research report on Wednesday, September 6th. Finally, Royal Bank Of Canada reiterated a “sector perform” rating and set a $15.00 target price (down previously from $20.00) on shares of Hewlett Packard Enterprise in a research report on Friday, September 1st. Four research analysts have rated the stock with a sell rating, seventeen have given a hold rating, thirteen have assigned a buy rating and one has given a strong buy rating to the company’s stock. Hewlett Packard Enterprise has a consensus rating of “Hold” and an average price target of $18.79.

Hewlett Packard Enterprise Company (NYSE HPE) traded up 0.80% on Friday, hitting $13.90. 3,546,105 shares of the company’s stock traded hands. The stock has a 50 day moving average price of $13.61 and a 200-day moving average price of $13.67. The stock has a market cap of $22.51 billion, a P/E ratio of 193.06 and a beta of 2.72. 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 issued its quarterly earnings data on Tuesday, September 5th. The technology company reported $0.30 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $0.26 by $0.04. The business had revenue of $8.21 billion for the quarter, compared to analysts’ expectations of $7.49 billion. Hewlett Packard Enterprise had a return on equity of 9.04% and a net margin of 0.29%. The company’s revenue for the quarter was up 2.5% on a year-over-year basis. During the same period in the prior year, the firm earned $0.49 EPS. Equities analysts predict that Hewlett Packard Enterprise Company will post $1.40 earnings per share for the current fiscal year.

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, October 4th. Stockholders of record on Wednesday, September 13th will be issued a dividend of $0.065 per share. The ex-dividend date of this dividend is Tuesday, September 12th. This represents a $0.26 annualized dividend and a dividend yield of 1.91%. Hewlett Packard Enterprise’s dividend payout ratio (DPR) is 371.48%.

In other news, CEO Margaret C. Whitman sold 389,651 shares of the company’s stock in a transaction that occurred on Wednesday, July 19th. The stock was sold at an average price of $17.47, for a total transaction of $6,807,202.97. Following the sale, the chief executive officer now directly owns 1,157,250 shares of the company’s stock, valued at approximately $20,217,157.50. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, EVP Christopher P. Hsu sold 15,333 shares of the company’s stock in a transaction that occurred on 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 directly owns 15,333 shares in the company, valued at $270,934.11. The disclosure for this sale can be found here. Insiders have sold a total of 2,266,908 shares of company stock worth $37,619,353 over the last ninety days. Insiders own 0.87% of the company’s stock.

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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