Hewlett Packard Enterprise Co. (NYSE:HPE) has been assigned a $25.00 price objective by equities researchers at Oppenheimer Holdings Inc. in a research report issued on Monday. The firm presently has a a “buy” rating on the stock. Oppenheimer Holdings Inc.’s price objective points to a potential upside of 7.07% from the company’s current price.

Several other equities research analysts have also commented on HPE. Citigroup Inc. raised shares of Hewlett Packard Enterprise from a “neutral” rating to a “buy” rating and boosted their price objective for the stock from $20.00 to $25.00 in a research note on Monday, July 25th. They noted that the move was a valuation call. Zacks Investment Research cut shares of Hewlett Packard Enterprise from a “hold” rating to a “sell” rating in a report on Tuesday, July 26th. Credit Suisse Group AG lifted their target price on shares of Hewlett Packard Enterprise from $21.00 to $25.00 and gave the stock an “outperform” rating in a report on Monday, August 1st. Needham & Company LLC reaffirmed a “buy” rating and issued a $22.00 target price on shares of Hewlett Packard Enterprise in a report on Tuesday, August 2nd. Finally, Jefferies Group reaffirmed a “buy” rating and issued a $24.25 target price on shares of Hewlett Packard Enterprise in a report on Monday, August 15th. Two research analysts have rated the stock with a sell rating, sixteen have assigned a hold rating and thirteen have assigned a buy rating to the stock. Hewlett Packard Enterprise presently has a consensus rating of “Hold” and an average price target of $21.82.

Analyst Recommendations for Hewlett Packard Enterprise (NYSE:HPE)

Hewlett Packard Enterprise (NYSE:HPE) opened at 23.35 on Monday. Hewlett Packard Enterprise has a one year low of $11.62 and a one year high of $23.69. The stock’s 50 day moving average is $22.34 and its 200 day moving average is $20.28. The firm has a market cap of $38.89 billion and a price-to-earnings ratio of 9.74.

Hewlett Packard Enterprise (NYSE:HPE) last posted its quarterly earnings data on Wednesday, September 7th. The company reported $0.49 EPS for the quarter, topping the consensus estimate of $0.45 by $0.04. Hewlett Packard Enterprise had a net margin of 8.31% and a return on equity of 10.15%. The business had revenue of $12.20 billion for the quarter, compared to analyst estimates of $12.64 billion. The company’s revenue was down 3.9% compared to the same quarter last year. On average, analysts predict that Hewlett Packard Enterprise will post $1.92 earnings per share for the current fiscal year.

The business also recently announced a quarterly dividend, which will be paid on Wednesday, January 4th. Investors of record on Wednesday, December 14th will be given a dividend of $0.065 per share. This is a positive change from Hewlett Packard Enterprise’s previous quarterly dividend of $0.06. The ex-dividend date is Monday, December 12th. This represents a $0.26 dividend on an annualized basis and a dividend yield of 1.11%. Hewlett Packard Enterprise’s dividend payout ratio is currently 9.17%.

In related news, EVP Michael G. Nefkens sold 107,500 shares of the company’s stock in a transaction on Thursday, September 15th. The shares were sold at an average price of $22.00, for a total transaction of $2,365,000.00. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, EVP John F. Schultz sold 316,164 shares of the company’s stock in a transaction on Monday, September 26th. The stock was sold at an average price of $22.84, for a total transaction of $7,221,185.76. The disclosure for this sale can be found here. Corporate insiders own 0.57% of the company’s stock.

Several institutional investors have recently modified their holdings of HPE. Schroder Investment Management Group increased its stake in Hewlett Packard Enterprise by 8.7% in the second quarter. Schroder Investment Management Group now owns 15,209,591 shares of the company’s stock worth $277,880,000 after buying an additional 1,219,364 shares during the last quarter. Hanlon Investment Management Inc. increased its stake in Hewlett Packard Enterprise by 19.2% in the second quarter. Hanlon Investment Management Inc. now owns 276,636 shares of the company’s stock worth $5,054,000 after buying an additional 44,500 shares during the last quarter. Bank of Montreal Can acquired a new stake in Hewlett Packard Enterprise during the second quarter worth about $37,854,000. California State Teachers Retirement System increased its stake in Hewlett Packard Enterprise by 0.4% in the second quarter. California State Teachers Retirement System now owns 3,767,029 shares of the company’s stock worth $68,824,000 after buying an additional 16,865 shares during the last quarter. Finally, Whitebox Advisors LLC acquired a new stake in Hewlett Packard Enterprise during the second quarter worth about $16,979,000. Hedge funds and other institutional investors own 79.81% of the company’s stock.

Hewlett Packard Enterprise Company Profile

Hewlett Packard Enterprise Company is a provider of technology solutions. The Company operates through five segments: Enterprise Group, Software, Enterprise Services, Financial Services and Corporate Investments. The Enterprise Group segment provides its customers with the technology infrastructure they need to optimize traditional information technology (IT).

5 Day Chart for NYSE:HPE

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