National Pension Service Has $67.11 Million Stock Position in Hewlett Packard Enterprise (NYSE:HPE)

National Pension Service lowered its stake in shares of Hewlett Packard Enterprise (NYSE:HPE) by 1.9% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 3,143,070 shares of the technology company’s stock after selling 59,682 shares during the period. National Pension Service owned approximately 0.24% of Hewlett Packard Enterprise worth $67,105,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors have also recently made changes to their positions in HPE. Private Advisor Group LLC raised its holdings in shares of Hewlett Packard Enterprise by 29.0% during the third quarter. Private Advisor Group LLC now owns 66,673 shares of the technology company’s stock valued at $1,364,000 after purchasing an additional 14,985 shares during the period. Mirae Asset Global Investments Co. Ltd. raised its holdings in shares of Hewlett Packard Enterprise by 23.7% in the 3rd quarter. Mirae Asset Global Investments Co. Ltd. now owns 97,283 shares of the technology company’s stock worth $1,959,000 after acquiring an additional 18,610 shares during the last quarter. PFG Investments LLC raised its holdings in shares of Hewlett Packard Enterprise by 11.3% in the 3rd quarter. PFG Investments LLC now owns 13,697 shares of the technology company’s stock worth $280,000 after acquiring an additional 1,387 shares during the last quarter. Wealth Enhancement Advisory Services LLC raised its holdings in shares of Hewlett Packard Enterprise by 56.5% in the 3rd quarter. Wealth Enhancement Advisory Services LLC now owns 140,803 shares of the technology company’s stock worth $2,881,000 after acquiring an additional 50,855 shares during the last quarter. Finally, First Trust Direct Indexing L.P. raised its holdings in shares of Hewlett Packard Enterprise by 2.5% in the 3rd quarter. First Trust Direct Indexing L.P. now owns 43,008 shares of the technology company’s stock worth $880,000 after acquiring an additional 1,065 shares during the last quarter. Institutional investors and hedge funds own 80.78% of the company’s stock.

Analyst Ratings Changes

A number of equities research analysts recently weighed in on the stock. StockNews.com lowered shares of Hewlett Packard Enterprise from a “strong-buy” rating to a “buy” rating in a report on Thursday, February 6th. Stifel Nicolaus increased their price objective on shares of Hewlett Packard Enterprise from $22.00 to $25.00 and gave the company a “buy” rating in a research note on Friday, December 6th. Raymond James upgraded shares of Hewlett Packard Enterprise from an “outperform” rating to a “strong-buy” rating and increased their price objective for the company from $23.00 to $29.00 in a research note on Monday, November 18th. Morgan Stanley upgraded shares of Hewlett Packard Enterprise from an “equal weight” rating to an “overweight” rating and increased their price objective for the company from $23.00 to $28.00 in a research note on Thursday, December 5th. Finally, Barclays increased their price objective on shares of Hewlett Packard Enterprise from $24.00 to $27.00 and gave the company an “overweight” rating in a research note on Friday, December 6th. Six analysts have rated the stock with a hold rating, eight have given a buy rating and one has issued a strong buy rating to the company. Based on data from MarketBeat, Hewlett Packard Enterprise currently has an average rating of “Moderate Buy” and an average target price of $24.00.

Insider Activity

In other news, EVP John F. Schultz sold 262,818 shares of the firm’s stock in a transaction on Wednesday, December 11th. The shares were sold at an average price of $21.62, for a total transaction of $5,682,125.16. Following the sale, the executive vice president now owns 270,430 shares in the company, valued at approximately $5,846,696.60. This trade represents a 49.29 % decrease in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. Also, SVP Jeremy Cox sold 7,771 shares of Hewlett Packard Enterprise stock in a transaction on Friday, December 6th. The stock was sold at an average price of $23.00, for a total transaction of $178,733.00. Following the completion of the transaction, the senior vice president now owns 61,735 shares in the company, valued at approximately $1,419,905. The trade was a 11.18 % decrease in their position. The disclosure for this sale can be found here. In the last quarter, insiders have sold 332,166 shares of company stock worth $7,300,629. 0.36% of the stock is currently owned by corporate insiders.

Hewlett Packard Enterprise Stock Performance

Hewlett Packard Enterprise stock opened at $19.84 on Friday. The firm’s fifty day moving average price is $21.88 and its 200-day moving average price is $20.70. The company has a debt-to-equity ratio of 0.54, a quick ratio of 0.99 and a current ratio of 1.29. The stock has a market cap of $26.05 billion, a P/E ratio of 10.44, a price-to-earnings-growth ratio of 2.03 and a beta of 1.19. Hewlett Packard Enterprise has a fifty-two week low of $14.47 and a fifty-two week high of $24.66.

Hewlett Packard Enterprise Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Thursday, January 16th. Stockholders of record on Friday, December 20th were given a dividend of $0.13 per share. This represents a $0.52 annualized dividend and a dividend yield of 2.62%. The ex-dividend date of this dividend was Friday, December 20th. Hewlett Packard Enterprise’s dividend payout ratio (DPR) is currently 27.37%.

About Hewlett Packard Enterprise

Hewlett Packard Enterprise Company provides solutions that allow customers to capture, analyze, and act upon data seamlessly in the Americas, Europe, the Middle East, Africa, the Asia Pacific, and Japan. It operates in six segments: Compute, HPC & AI, Storage, Intelligent Edge, Financial Services, and Corporate Investments and Other.