Robeco Institutional Asset Management B.V. Has $24.85 Million Holdings in Hewlett Packard Enterprise Company $HPE

Robeco Institutional Asset Management B.V. lessened its holdings in shares of Hewlett Packard Enterprise Company (NYSE:HPE) by 8.0% during the second quarter, HoldingsChannel.com reports. The firm owned 1,215,054 shares of the technology company’s stock after selling 105,909 shares during the quarter. Robeco Institutional Asset Management B.V.’s holdings in Hewlett Packard Enterprise were worth $24,848,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors and hedge funds have also recently made changes to their positions in HPE. Alpine Bank Wealth Management acquired a new position in shares of Hewlett Packard Enterprise during the 1st quarter worth approximately $25,000. Bruce G. Allen Investments LLC grew its position in shares of Hewlett Packard Enterprise by 345.0% during the 1st quarter. Bruce G. Allen Investments LLC now owns 1,700 shares of the technology company’s stock worth $26,000 after purchasing an additional 1,318 shares in the last quarter. Zions Bancorporation National Association UT acquired a new position in shares of Hewlett Packard Enterprise during the 1st quarter worth approximately $27,000. MorganRosel Wealth Management LLC acquired a new stake in shares of Hewlett Packard Enterprise during the 1st quarter worth approximately $31,000. Finally, Financial Freedom LLC boosted its position in shares of Hewlett Packard Enterprise by 76.7% during the 1st quarter. Financial Freedom LLC now owns 2,197 shares of the technology company’s stock worth $34,000 after acquiring an additional 954 shares in the last quarter. Institutional investors and hedge funds own 80.78% of the company’s stock.

Analysts Set New Price Targets

Several analysts recently issued reports on HPE shares. Loop Capital increased their price target on shares of Hewlett Packard Enterprise from $16.00 to $18.00 and gave the stock a “hold” rating in a research report on Monday, June 9th. Barclays increased their price target on shares of Hewlett Packard Enterprise from $24.00 to $26.00 and gave the stock an “overweight” rating in a research report on Thursday, July 3rd. UBS Group increased their price target on shares of Hewlett Packard Enterprise from $18.00 to $23.00 and gave the stock a “neutral” rating in a research report on Thursday, September 4th. Morgan Stanley upgraded shares of Hewlett Packard Enterprise from an “equal weight” rating to an “overweight” rating and increased their price target for the stock from $22.00 to $28.00 in a research report on Thursday, August 21st. Finally, Wall Street Zen upgraded shares of Hewlett Packard Enterprise from a “sell” rating to a “hold” rating in a research report on Sunday, July 13th. One investment analyst has rated the stock with a Strong Buy rating, eight have issued a Buy rating and twelve have given a Hold rating to the company’s stock. According to data from MarketBeat.com, Hewlett Packard Enterprise presently has an average rating of “Hold” and a consensus target price of $24.94.

Insider Activity at Hewlett Packard Enterprise

In other news, Director Gary M. Reiner sold 40,000 shares of the firm’s stock in a transaction on Monday, September 15th. The shares were sold at an average price of $24.58, for a total transaction of $983,200.00. Following the completion of the transaction, the director owned 83,869 shares of the company’s stock, valued at approximately $2,061,500.02. This trade represents a 32.29% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, EVP Maeve C. Culloty sold 3,738 shares of the firm’s stock in a transaction on Tuesday, September 23rd. The shares were sold at an average price of $25.12, for a total transaction of $93,898.56. The disclosure for this sale can be found here. Insiders sold a total of 543,738 shares of company stock valued at $12,922,932 in the last quarter. Insiders own 0.36% of the company’s stock.

Hewlett Packard Enterprise Price Performance

Shares of NYSE:HPE opened at $24.43 on Friday. The company has a market cap of $32.23 billion, a price-to-earnings ratio of 29.79, a PEG ratio of 2.55 and a beta of 1.45. The company has a debt-to-equity ratio of 0.69, a current ratio of 0.95 and a quick ratio of 0.69. The firm has a 50 day simple moving average of $22.76 and a 200 day simple moving average of $19.28. Hewlett Packard Enterprise Company has a one year low of $11.97 and a one year high of $25.36.

Hewlett Packard Enterprise Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Friday, October 17th. Investors of record on Thursday, September 18th will be paid a $0.13 dividend. The ex-dividend date of this dividend is Thursday, September 18th. This represents a $0.52 annualized dividend and a yield of 2.1%. Hewlett Packard Enterprise’s dividend payout ratio is presently 63.41%.

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.