Hewlett Packard Enterprise Company (NYSE:HPE) CEO Margaret C. Whitman sold 249,023 shares of the stock in a transaction on Monday, September 18th. The stock was sold at an average price of $13.67, for a total value of $3,404,144.41. Following the sale, the chief executive officer now owns 1,016,622 shares of the company’s stock, valued at $13,897,222.74. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link.

Shares of Hewlett Packard Enterprise Company (HPE) opened at 13.79 on Friday. Hewlett Packard Enterprise Company has a 52-week low of $12.26 and a 52-week high of $14.86. The company’s 50-day moving average price is $13.61 and its 200-day moving average price is $13.67. The firm has a market capitalization of $22.33 billion, a P/E ratio of 191.53 and a beta of 2.72.

Hewlett Packard Enterprise (NYSE:HPE) last announced its quarterly earnings results on Tuesday, September 5th. The technology company reported $0.30 EPS for the quarter, beating the Zacks’ consensus estimate of $0.26 by $0.04. Hewlett Packard Enterprise had a net margin of 0.29% and a return on equity of 9.04%. The business had revenue of $8.21 billion for the quarter, compared to analyst estimates of $7.49 billion. During the same quarter in the prior year, the business earned $0.49 EPS. Hewlett Packard Enterprise’s quarterly revenue was up 2.5% on a year-over-year basis. On average, equities research analysts expect that Hewlett Packard Enterprise Company will post $1.40 EPS for the current fiscal 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. The ex-dividend date is Tuesday, September 12th. This represents a $0.26 dividend on an annualized basis and a yield of 1.91%. Hewlett Packard Enterprise’s dividend payout ratio (DPR) is currently 371.48%.

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Institutional investors and hedge funds have recently made changes to their positions in the stock. WFG Advisors LP grew 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 valued at $100,000 after buying an additional 801 shares during the last quarter. Archford Capital Strategies LLC grew its stake 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 last quarter. YorkBridge Wealth Partners LLC grew its stake 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 last quarter. Whittier Trust Co. of Nevada Inc. grew its stake 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 last quarter. Finally, Harfst & Associates Inc. acquired a new position in Hewlett Packard Enterprise in the 1st quarter valued at about $127,000. Institutional investors and hedge funds own 81.34% of the company’s stock.

Several analysts recently issued reports on HPE shares. CIBC cut their price objective on Hewlett Packard Enterprise from $27.00 to $21.00 and set a “buy” rating for the company in a report on Tuesday, July 4th. Mizuho reissued a “buy” rating on shares of Hewlett Packard Enterprise in a research report on Wednesday, July 12th. Jefferies Group LLC reissued a “buy” rating and set a $22.00 target price on shares of Hewlett Packard Enterprise in a research report on Saturday, July 22nd. 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, September 1st. Finally, ValuEngine raised shares of Hewlett Packard Enterprise from a “hold” rating to a “buy” rating in a research report on Friday, September 1st. Four analysts have rated the stock with a sell rating, seventeen have issued a hold rating, thirteen have given a buy rating and one has issued a strong buy rating to the company. The company currently has an average rating of “Hold” and an average price target 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).

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

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