Hewlett Packard Enterprise Company (HPE) Shares Bought by Commonwealth of Pennsylvania Public School Empls Retrmt SYS

Commonwealth of Pennsylvania Public School Empls Retrmt SYS boosted its stake in shares of Hewlett Packard Enterprise Company (NYSE:HPE) by 0.2% in the second quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 123,685 shares of the technology company’s stock after purchasing an additional 191 shares during the quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS’s holdings in Hewlett Packard Enterprise were worth $2,052,000 at the end of the most recent quarter.

Other institutional investors also recently made changes to their positions in the company. BlackRock Inc. increased its stake in shares of Hewlett Packard Enterprise by 2,713.7% in the first quarter. BlackRock Inc. now owns 99,450,412 shares of the technology company’s stock valued at $2,356,975,000 after buying an additional 95,915,907 shares in the last quarter. Hotchkis & Wiley Capital Management LLC grew its holdings in Hewlett Packard Enterprise by 35.7% during the 1st quarter. Hotchkis & Wiley Capital Management LLC now owns 50,742,312 shares of the technology company’s stock worth $1,202,593,000 after acquiring an additional 13,343,212 shares during the period. Victory Capital Management Inc. increased its stake in shares of Hewlett Packard Enterprise by 145.3% in the 2nd quarter. Victory Capital Management Inc. now owns 10,266,112 shares of the technology company’s stock valued at $170,315,000 after acquiring an additional 6,081,628 shares during the last quarter. Primecap Management Co. CA increased its stake in Hewlett Packard Enterprise by 9.6% during the 1st quarter. Primecap Management Co. CA now owns 61,397,295 shares of the technology company’s stock worth $1,455,116,000 after purchasing an additional 5,394,147 shares in the last quarter. Finally, Pzena Investment Management LLC increased its position in shares of Hewlett Packard Enterprise by 27.7% during the second quarter. Pzena Investment Management LLC now owns 22,129,234 shares of the technology company’s stock worth $367,124,000 after acquiring an additional 4,794,388 shares in the last quarter. Institutional investors and hedge funds own 81.34% of the company’s stock.

Several research analysts have weighed in on the company. Stifel Nicolaus reaffirmed a “hold” rating and set a $20.00 price target on shares of Hewlett Packard Enterprise in a research report on Friday, May 26th. Robert W. Baird restated a “hold” rating on shares of Hewlett Packard Enterprise in a research note on Thursday, June 1st. Barclays PLC reiterated an “underweight” rating and set a $17.00 price objective (down previously from $18.00) on shares of Hewlett Packard Enterprise in a research report on Thursday, June 1st. Morgan Stanley restated an “equal weight” rating and issued a $18.00 price target (up previously from $17.00) on shares of Hewlett Packard Enterprise in a research report on Thursday, June 1st. Finally, Susquehanna Bancshares Inc reaffirmed a “neutral” rating and set a $17.00 price target (down from $20.00) on shares of Hewlett Packard Enterprise in a report on Thursday, June 1st. Four investment analysts have rated the stock with a sell rating, seventeen have given a hold rating, thirteen have issued a buy rating and one has issued a strong buy rating to the company’s stock. The stock has a consensus rating of “Hold” and a consensus price target of $18.79.

Hewlett Packard Enterprise Company (HPE) opened at 14.26 on Friday. Hewlett Packard Enterprise Company has a 1-year low of $12.26 and a 1-year high of $14.86. The company has a market cap of $23.09 billion, a P/E ratio of 198.06 and a beta of 2.72. The stock has a 50 day moving average price of $13.61 and a 200 day moving average price of $13.67.

Hewlett Packard Enterprise (NYSE:HPE) last posted its quarterly earnings results on Tuesday, September 5th. The technology company reported $0.30 EPS for the quarter, beating the consensus estimate of $0.26 by $0.04. The firm had revenue of $8.21 billion during the quarter, compared to analysts’ expectations of $7.49 billion. Hewlett Packard Enterprise had a return on equity of 9.04% and a net margin of 0.29%. The business’s revenue for the quarter was up 2.5% on a year-over-year basis. During the same quarter last year, the firm earned $0.49 earnings per share. On average, equities research analysts anticipate that Hewlett Packard Enterprise Company will post $1.40 EPS for the current fiscal year.

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, October 4th. Shareholders of record on Wednesday, September 13th will be paid a dividend of $0.065 per share. The ex-dividend date is Tuesday, September 12th. This represents a $0.26 annualized dividend and a yield of 1.82%. Hewlett Packard Enterprise’s dividend payout ratio (DPR) is 371.48%.

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In related news, CEO Margaret C. Whitman sold 249,023 shares of Hewlett Packard Enterprise stock in a transaction on Monday, September 18th. The stock was sold at an average price of $13.67, for a total value of $3,404,144.41. Following the completion of the transaction, the chief executive officer now directly owns 1,016,622 shares in the company, valued at $13,897,222.74. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. Also, CEO Margaret C. Whitman sold 194,844 shares of the firm’s stock in a transaction on Wednesday, July 12th. The shares were sold at an average price of $16.73, for a total value of $3,259,740.12. Following the completion of the sale, the chief executive officer now owns 865,021 shares in the company, valued at $14,471,801.33. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 2,266,908 shares of company stock valued at $37,619,353. Company insiders own 0.87% of the company’s stock.

Hewlett Packard Enterprise Company Profile

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).

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

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