Hewlett Packard Enterprise Co. (NYSE:HPE) EVP John F. Schultz sold 12,555 shares of the business’s stock in a transaction on Monday, November 21st. The stock was sold at an average price of $23.46, for a total transaction of $294,540.30. Following the completion of the sale, the executive vice president now owns 79,447 shares in the company, valued at approximately $1,863,826.62. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link.

John F. Schultz also recently made the following trade(s):

  • On Monday, September 26th, John F. Schultz sold 316,164 shares of Hewlett Packard Enterprise stock. The stock was sold at an average price of $22.84, for a total transaction of $7,221,185.76.

Hewlett Packard Enterprise Co. (NYSE:HPE) traded up 0.92% during midday trading on Wednesday, reaching $23.08. 8,913,323 shares of the company were exchanged. Hewlett Packard Enterprise Co. has a 52 week low of $11.62 and a 52 week high of $23.85. The company has a market capitalization of $38.44 billion and a PE ratio of 9.63. The firm has a 50-day moving average price of $22.42 and a 200-day moving average price of $20.60.

Hewlett Packard Enterprise (NYSE:HPE) last issued its earnings results on Tuesday, November 22nd. The company reported $0.61 EPS for the quarter, hitting analysts’ consensus estimates of $0.61. Hewlett Packard Enterprise had a net margin of 8.31% and a return on equity of 10.15%. The company had revenue of $12.50 billion for the quarter, compared to the consensus estimate of $12.85 billion. During the same period in the previous year, the firm earned $0.52 earnings per share. Hewlett Packard Enterprise’s quarterly revenue was down 7.2% compared to the same quarter last year. Equities research analysts anticipate that Hewlett Packard Enterprise Co. will post $1.92 earnings per share for the current fiscal year.

Insider Buying and Selling by Quarter for Hewlett Packard Enterprise (NYSE:HPE)

The business also recently declared a quarterly dividend, which will be paid on Wednesday, January 4th. Shareholders of record on Wednesday, December 14th will be given a dividend of $0.065 per share. The ex-dividend date is Monday, December 12th. This is a boost from Hewlett Packard Enterprise’s previous quarterly dividend of $0.06. This represents a $0.26 dividend on an annualized basis and a dividend yield of 1.14%. Hewlett Packard Enterprise’s dividend payout ratio (DPR) is currently 9.17%.

Large investors have recently made changes to their positions in the stock. Schroder Investment Management Group boosted its stake in shares of 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 in the last quarter. Hanlon Investment Management Inc. boosted its stake in shares of 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 in the last quarter. Bank of Montreal Can bought a new stake in shares of Hewlett Packard Enterprise during the second quarter worth $37,854,000. California State Teachers Retirement System boosted its stake in shares of 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 in the last quarter. Finally, Whitebox Advisors LLC bought a new stake in shares of Hewlett Packard Enterprise during the second quarter worth $16,979,000. Institutional investors and hedge funds own 79.61% of the company’s stock.

Several brokerages have commented on HPE. Needham & Company LLC reiterated a “buy” rating and issued a $24.00 price target (up previously from $22.00) on shares of Hewlett Packard Enterprise in a research note on Thursday, September 8th. Robert W. Baird restated a “hold” rating on shares of Hewlett Packard Enterprise in a research report on Wednesday, October 19th. Raymond James Financial Inc. upgraded shares of Hewlett Packard Enterprise from a “market perform” rating to an “outperform” rating and upped their target price for the company from $23.60 to $29.00 in a research report on Friday, November 18th. Sanford C. Bernstein restated an “outperform” rating and set a $24.50 target price on shares of Hewlett Packard Enterprise in a research report on Tuesday, September 20th. Finally, Wells Fargo & Co. restated a “market perform” rating on shares of Hewlett Packard Enterprise in a research report on Friday, November 11th. Two research analysts have rated the stock with a sell rating, fourteen have given a hold rating and fifteen have assigned a buy rating to the company. Hewlett Packard Enterprise presently has a consensus rating of “Hold” and a consensus target price of $22.57.

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About Hewlett Packard Enterprise

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).

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