ProShare Advisors LLC grew its holdings in shares of Hewlett Packard Enterprise Company (NYSE:HPE) by 8.7% during the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 189,982 shares of the technology company’s stock after buying an additional 15,160 shares during the period. ProShare Advisors LLC’s holdings in Hewlett Packard Enterprise were worth $3,152,000 as of its most recent SEC filing.

Several other hedge funds have also made changes to their positions in HPE. BlackRock Inc. boosted its holdings in shares of Hewlett Packard Enterprise by 2,713.7% during the 1st quarter. BlackRock Inc. now owns 99,450,412 shares of the technology company’s stock valued at $2,356,975,000 after buying an additional 95,915,907 shares in the last quarter. Hotchkis & Wiley Capital Management LLC boosted its holdings in shares of Hewlett Packard Enterprise by 32.7% during the 2nd quarter. Hotchkis & Wiley Capital Management LLC now owns 67,334,620 shares of the technology company’s stock valued at $1,117,081,000 after buying an additional 16,592,308 shares in the last quarter. Victory Capital Management Inc. boosted its holdings in shares of Hewlett Packard Enterprise by 145.3% during the 2nd quarter. Victory Capital Management Inc. now owns 10,266,112 shares of the technology company’s stock valued at $170,315,000 after buying an additional 6,081,628 shares in the last quarter. Primecap Management Co. CA boosted its holdings in shares of Hewlett Packard Enterprise by 9.6% during the 1st quarter. Primecap Management Co. CA now owns 61,397,295 shares of the technology company’s stock valued at $1,455,116,000 after buying an additional 5,394,147 shares in the last quarter. Finally, Pzena Investment Management LLC boosted its holdings in shares of Hewlett Packard Enterprise by 27.7% during the 2nd quarter. Pzena Investment Management LLC now owns 22,129,234 shares of the technology company’s stock valued at $367,124,000 after buying an additional 4,794,388 shares in the last quarter. Hedge funds and other institutional investors own 81.34% of the company’s stock.

A number of brokerages have recently commented on HPE. Robert W. Baird restated a “hold” rating on shares of Hewlett Packard Enterprise in a report on Thursday, June 1st. Barclays PLC boosted their target price on shares of Hewlett Packard Enterprise from $17.00 to $18.00 and gave the company an “underweight” rating in a report on Friday, September 1st. Oppenheimer Holdings, Inc. restated a “buy” rating and set a $17.00 target price on shares of Hewlett Packard Enterprise in a report on Friday, September 1st. Jefferies Group LLC restated a “buy” rating and set a $22.00 target price on shares of Hewlett Packard Enterprise in a report on Saturday, July 22nd. Finally, Loop Capital began coverage on shares of Hewlett Packard Enterprise in a report on Tuesday, August 22nd. They set a “hold” rating and a $17.00 target price on the stock. Four investment analysts have rated the stock with a sell rating, seventeen have assigned a hold rating, thirteen have given a buy rating and one has issued a strong buy rating to the company. The company has an average rating of “Hold” and an average price target of $18.79.

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In other news, CEO Margaret C. Whitman sold 389,651 shares of the firm’s stock in a transaction dated Wednesday, July 19th. The stock was sold at an average price of $17.47, for a total value of $6,807,202.97. Following the completion of the transaction, the chief executive officer now directly owns 1,157,250 shares in the company, valued at $20,217,157.50. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. Also, EVP Christopher P. Hsu sold 15,333 shares of the firm’s 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 completion of the transaction, the executive vice president now owns 15,333 shares of the company’s stock, valued at $270,934.11. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 2,266,908 shares of company stock valued at $37,619,353. Company insiders own 0.87% of the company’s stock.

Shares of Hewlett Packard Enterprise Company (HPE) opened at 14.26 on Friday. The stock’s 50 day moving average is $13.61 and its 200 day moving average is $13.67. Hewlett Packard Enterprise Company has a 52-week low of $12.26 and a 52-week high of $14.86. The stock has a market cap of $23.09 billion, a price-to-earnings ratio of 198.06 and a beta of 2.72.

Hewlett Packard Enterprise (NYSE:HPE) last announced its quarterly earnings data on Tuesday, September 5th. The technology company reported $0.30 earnings per share (EPS) for the quarter, topping the 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 during the quarter, compared to analysts’ expectations of $7.49 billion. During the same period last year, the business posted $0.49 earnings per share. The company’s revenue for the quarter was up 2.5% compared to the same quarter last year. On average, equities analysts predict that Hewlett Packard Enterprise Company will post $1.40 EPS 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 paid a $0.065 dividend. This represents a $0.26 annualized dividend and a dividend yield of 1.82%. The ex-dividend date is Tuesday, September 12th. Hewlett Packard Enterprise’s payout ratio is 371.48%.

Hewlett Packard Enterprise Company 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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