Hewlett Packard Enterprise Company (NYSE:HPE) SVP Kirt P. Karros sold 9,135 shares of the firm’s stock in a transaction dated Tuesday, December 12th. The shares were sold at an average price of $14.33, for a total transaction of $130,904.55. Following the transaction, the senior vice president now owns 4,173 shares of the company’s stock, valued at approximately $59,799.09. The transaction was disclosed in a document filed with the SEC, which is available at this link.

Hewlett Packard Enterprise Company (NYSE HPE) traded up $0.17 during midday trading on Friday, hitting $14.41. 19,919,007 shares of the stock were exchanged, compared to its average volume of 12,488,531. The company has a quick ratio of 1.01, a current ratio of 1.13 and a debt-to-equity ratio of 0.43. The stock has a market capitalization of $22,712.80, a price-to-earnings ratio of 10.95, a price-to-earnings-growth ratio of 2.40 and a beta of 2.48. Hewlett Packard Enterprise Company has a 1-year low of $12.81 and a 1-year high of $24.88.

Hewlett Packard Enterprise (NYSE:HPE) last posted its quarterly earnings results on Tuesday, November 21st. The technology company reported $0.31 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.28 by $0.03. The business had revenue of $7.66 billion during the quarter, compared to analyst estimates of $7.78 billion. Hewlett Packard Enterprise had a net margin of 0.93% and a return on equity of 7.70%. The firm’s revenue was up 4.6% compared to the same quarter last year. During the same period in the prior year, the firm earned $0.61 earnings per share. equities research analysts predict that Hewlett Packard Enterprise Company will post 1.19 EPS for the current fiscal year.

The business also recently declared a quarterly dividend, which will be paid on Wednesday, January 3rd. Stockholders of record on Wednesday, December 13th will be given a $0.075 dividend. This represents a $0.30 dividend on an annualized basis and a dividend yield of 2.08%. This is a positive change from Hewlett Packard Enterprise’s previous quarterly dividend of $0.07. The ex-dividend date is Tuesday, December 12th. Hewlett Packard Enterprise’s dividend payout ratio is 142.86%.

Hewlett Packard Enterprise announced that its board has initiated a share repurchase program on Wednesday, October 18th that authorizes the company to repurchase $5.00 billion in shares. This repurchase authorization authorizes the technology company to repurchase shares of its stock through open market purchases. Shares repurchase programs are typically a sign that the company’s board of directors believes its shares are undervalued.

Several equities analysts have recently weighed in on the stock. Sanford C. Bernstein restated a “buy” rating and set a $18.00 price objective on shares of Hewlett Packard Enterprise in a research report on Wednesday, November 22nd. Gabelli restated a “buy” rating on shares of Hewlett Packard Enterprise in a research report on Wednesday, November 22nd. Maxim Group restated a “hold” rating and set a $15.00 price objective on shares of Hewlett Packard Enterprise in a research report on Wednesday, November 22nd. Royal Bank of Canada restated a “hold” rating on shares of Hewlett Packard Enterprise in a research report on Wednesday, November 22nd. Finally, UBS restated a “hold” rating and set a $15.00 price objective on shares of Hewlett Packard Enterprise in a research report on Wednesday, November 22nd. Two research analysts have rated the stock with a sell rating, twenty-two have given a hold rating and eleven have given a buy rating to the company’s stock. The stock currently has a consensus rating of “Hold” and an average price target of $16.04.

Several hedge funds and other institutional investors have recently bought and sold shares of the company. YorkBridge Wealth Partners LLC lifted its position in shares of Hewlett Packard Enterprise by 3.2% in the second quarter. YorkBridge Wealth Partners LLC now owns 6,457 shares of the technology company’s stock worth $108,000 after purchasing an additional 200 shares in the last quarter. Westside Investment Management Inc. lifted its position in shares of Hewlett Packard Enterprise by 1.5% in the second quarter. Westside Investment Management Inc. now owns 17,432 shares of the technology company’s stock worth $292,000 after purchasing an additional 250 shares in the last quarter. Meridian Investment Counsel Inc. lifted its position in shares of Hewlett Packard Enterprise by 1.5% in the second quarter. Meridian Investment Counsel Inc. now owns 23,557 shares of the technology company’s stock worth $391,000 after purchasing an additional 350 shares in the last quarter. Budros Ruhlin & Roe Inc. lifted its position in shares of Hewlett Packard Enterprise by 1.4% in the second quarter. Budros Ruhlin & Roe Inc. now owns 24,657 shares of the technology company’s stock worth $409,000 after purchasing an additional 352 shares in the last quarter. Finally, Loring Wolcott & Coolidge Fiduciary Advisors LLP MA lifted its position in shares of Hewlett Packard Enterprise by 2.2% in the second quarter. Loring Wolcott & Coolidge Fiduciary Advisors LLP MA now owns 19,102 shares of the technology company’s stock worth $334,000 after purchasing an additional 405 shares in the last quarter. 83.46% of the stock is owned by institutional investors and hedge funds.

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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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