Atlas Capital Advisors LLC lifted its holdings in shares of Hewlett Packard Enterprise Co (NYSE:HPE) by 197.4% during the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 33,998 shares of the technology company’s stock after acquiring an additional 22,566 shares during the quarter. Atlas Capital Advisors LLC’s holdings in Hewlett Packard Enterprise were worth $569,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors have also bought and sold shares of the company. Harfst & Associates Inc. acquired a new position in Hewlett Packard Enterprise in the 2nd quarter worth $158,000. Brown Advisory Inc. lifted its holdings in Hewlett Packard Enterprise by 32.8% in the 2nd quarter. Brown Advisory Inc. now owns 18,217 shares of the technology company’s stock worth $266,000 after buying an additional 4,502 shares in the last quarter. Deroy & Devereaux Private Investment Counsel Inc. lifted its holdings in Hewlett Packard Enterprise by 2.6% in the 2nd quarter. Deroy & Devereaux Private Investment Counsel Inc. now owns 761,962 shares of the technology company’s stock worth $11,132,000 after buying an additional 19,182 shares in the last quarter. First Trust Advisors LP lifted its holdings in Hewlett Packard Enterprise by 17.0% in the 2nd quarter. First Trust Advisors LP now owns 8,603,281 shares of the technology company’s stock worth $125,694,000 after buying an additional 1,250,834 shares in the last quarter. Finally, Virginia Retirement Systems ET AL acquired a new position in Hewlett Packard Enterprise in the 2nd quarter worth $2,452,000. Institutional investors and hedge funds own 80.27% of the company’s stock.

HPE opened at $14.53 on Wednesday. The stock has a market capitalization of $22.37 billion, a PE ratio of 15.13, a P/E/G ratio of 0.87 and a beta of 1.61. Hewlett Packard Enterprise Co has a 1-year low of $12.81 and a 1-year high of $19.48. The company has a quick ratio of 0.84, a current ratio of 1.00 and a debt-to-equity ratio of 0.42.

Hewlett Packard Enterprise (NYSE:HPE) last released its earnings results on Tuesday, August 28th. The technology company reported $0.44 earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of $0.37 by $0.07. The company had revenue of $7.76 billion during 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 company’s revenue was up 3.5% on a year-over-year basis. During the same quarter in the previous year, the firm earned $0.30 EPS. On average, equities analysts expect that Hewlett Packard Enterprise Co will post 1.53 EPS for the current year.

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, January 2nd. Investors of record on Wednesday, December 12th will be given a dividend of $0.1125 per share. This represents a $0.45 dividend on an annualized basis and a dividend yield of 3.10%. The ex-dividend date is Tuesday, December 11th. Hewlett Packard Enterprise’s dividend payout ratio is presently 46.88%.

In related news, insider Antonio F. Neri sold 82,893 shares of the business’s stock in a transaction dated Friday, September 21st. The shares were sold at an average price of $17.00, for a total transaction of $1,409,181.00. Following the completion of the sale, the insider now owns 87,828 shares of the company’s stock, valued at approximately $1,493,076. The sale was disclosed in a legal filing with the SEC, which is available through this link. Also, CFO Timothy C. Stonesifer sold 479,142 shares of the business’s stock in a transaction dated Friday, September 14th. The shares were sold at an average price of $16.57, for a total transaction of $7,939,382.94. Following the sale, the chief financial officer now directly owns 637,868 shares of the company’s stock, valued at approximately $10,569,472.76. The disclosure for this sale can be found here. In the last ninety days, insiders have sold 664,319 shares of company stock valued at $10,978,971. Insiders own 1.18% of the company’s stock.

A number of equities analysts have commented on HPE shares. Zacks Investment Research lowered shares of Hewlett Packard Enterprise from a “buy” rating to a “hold” rating in a report on Tuesday, July 24th. Sanford C. Bernstein lowered shares of Hewlett Packard Enterprise from an “outperform” rating to a “market perform” rating and cut their price objective for the stock from $20.00 to $18.00 in a report on Tuesday, August 21st. Oppenheimer set a $20.00 price objective on shares of Hewlett Packard Enterprise and gave the stock a “buy” rating in a report on Tuesday, August 28th. Maxim Group reiterated a “hold” rating and issued a $18.00 price objective on shares of Hewlett Packard Enterprise in a report on Wednesday, August 29th. Finally, Deutsche Bank boosted their price objective on shares of Hewlett Packard Enterprise from $22.00 to $23.00 and gave the stock a “buy” rating in a report on Wednesday, August 29th. Three investment analysts have rated the stock with a sell rating, thirteen have issued a hold rating and seven have given a buy rating to the stock. Hewlett Packard Enterprise presently has a consensus rating of “Hold” and an average price target of $17.81.

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Hewlett Packard Enterprise Company 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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