GSA Capital Partners LLP lifted its stake in shares of Hewlett Packard Enterprise Co (NYSE:HPE) by 14.2% during the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 43,947 shares of the technology company’s stock after buying an additional 5,469 shares during the quarter. GSA Capital Partners LLP’s holdings in Hewlett Packard Enterprise were worth $642,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds and other institutional investors also recently made changes to their positions in HPE. LS Investment Advisors LLC grew its holdings in Hewlett Packard Enterprise by 4.4% in the second quarter. LS Investment Advisors LLC now owns 83,966 shares of the technology company’s stock worth $1,227,000 after purchasing an additional 3,569 shares during the period. Profund Advisors LLC grew its holdings in Hewlett Packard Enterprise by 8.5% in the first quarter. Profund Advisors LLC now owns 49,924 shares of the technology company’s stock worth $876,000 after purchasing an additional 3,891 shares during the period. LPL Financial LLC grew its holdings in Hewlett Packard Enterprise by 5.0% in the first quarter. LPL Financial LLC now owns 83,694 shares of the technology company’s stock worth $1,468,000 after purchasing an additional 3,959 shares during the period. IFM Investors Pty Ltd grew its holdings in Hewlett Packard Enterprise by 8.7% in the first quarter. IFM Investors Pty Ltd now owns 49,375 shares of the technology company’s stock worth $866,000 after purchasing an additional 3,967 shares during the period. Finally, Xact Kapitalforvaltning AB grew its holdings in Hewlett Packard Enterprise by 1.3% in the second quarter. Xact Kapitalforvaltning AB now owns 304,835 shares of the technology company’s stock worth $4,454,000 after purchasing an additional 3,967 shares during the period. Institutional investors own 80.48% of the company’s stock.

A number of brokerages have weighed in on HPE. Maxim Group restated a “hold” rating and issued a $18.00 price objective on shares of Hewlett Packard Enterprise in a report on Wednesday, May 23rd. Nomura began coverage on shares of Hewlett Packard Enterprise in a report on Thursday, June 28th. They issued a “neutral” rating and a $16.00 price objective on the stock. BMO Capital Markets cut their price objective on shares of Hewlett Packard Enterprise from $19.00 to $18.00 and set a “market perform” rating on the stock in a report on Wednesday, August 29th. Pivotal Research cut their price objective on shares of Hewlett Packard Enterprise from $20.00 to $18.00 and set a “hold” rating on the stock in a report on Thursday, June 14th. Finally, Zacks Investment Research downgraded shares of Hewlett Packard Enterprise from a “buy” rating to a “hold” rating in a research note on Friday, August 31st. Two equities research analysts have rated the stock with a sell rating, sixteen have given a hold rating and seven have given a buy rating to the company’s stock. The stock presently has an average rating of “Hold” and an average price target of $17.79.

In related news, insider Keerti Melkote sold 87,113 shares of the stock in a transaction that occurred on Wednesday, August 15th. The shares were sold at an average price of $15.96, for a total transaction of $1,390,323.48. Following the transaction, the insider now owns 102,283 shares in the company, valued at $1,632,436.68. The sale was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. Also, Director Margaret C. Whitman sold 337,000 shares of the stock in a transaction that occurred on Wednesday, June 27th. The shares were sold at an average price of $15.08, for a total transaction of $5,081,960.00. Following the transaction, the director now owns 382,639 shares in the company, valued at approximately $5,770,196.12. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 1,727,154 shares of company stock worth $26,307,817. 1.18% of the stock is owned by insiders.

Shares of NYSE HPE opened at $16.58 on Friday. The company has a market capitalization of $24.14 billion, a PE ratio of 17.27, a PEG ratio of 1.09 and a beta of 1.76. Hewlett Packard Enterprise Co has a 52-week low of $12.81 and a 52-week high of $19.48. The company has a debt-to-equity ratio of 0.42, a quick ratio of 0.84 and a current ratio of 1.00.

Hewlett Packard Enterprise (NYSE:HPE) last issued its earnings results on Tuesday, August 28th. The technology company reported $0.44 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.37 by $0.07. The firm had revenue of $7.76 billion for the quarter, compared to the consensus estimate of $7.67 billion. Hewlett Packard Enterprise had a net margin of 10.43% and a return on equity of 9.38%. The business’s revenue was up 3.5% on a year-over-year basis. During the same quarter in the prior year, the firm posted $0.30 earnings per share. research analysts anticipate that Hewlett Packard Enterprise Co will post 1.54 earnings per share for the current year.

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, October 3rd. Investors of record on Wednesday, September 12th will be given a dividend of $0.1125 per share. The ex-dividend date of this dividend is Tuesday, September 11th. This represents a $0.45 dividend on an annualized basis and a yield of 2.71%. Hewlett Packard Enterprise’s dividend payout ratio (DPR) is 46.88%.

Hewlett Packard Enterprise Profile

Hewlett Packard Enterprise Company operates as a technology company. The company operates through four segments: Hybrid IT, Intelligent Edge, Financial Services, and Corporate Investments. The Hybrid IT segment provides industry standard servers, as well as mission-critical servers to address the full array of its customers' computing needs; converged storage solutions, including all-flash arrays and hybrid storage solutions; and traditional storage solutions comprising tape, storage networking, and legacy external disk products.

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

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