Hewlett Packard Enterprise Co. (NYSE:HPE) has been given a $25.00 target price by research analysts at Oppenheimer Holdings Inc. in a report released on Tuesday. The firm presently has a “buy” rating on the stock. Oppenheimer Holdings Inc.’s target price points to a potential upside of 9.31% from the company’s previous close.

A number of other research analysts have also recently issued reports on HPE. Vetr cut shares of Hewlett Packard Enterprise from a “buy” rating to a “hold” rating and set a $23.99 price objective on the stock. in a research note on Monday, November 7th. Wells Fargo & Co. cut shares of Hewlett Packard Enterprise from an “outperform” rating to a “market perform” rating in a research note on Thursday, September 8th. Barclays PLC lifted their price objective on shares of Hewlett Packard Enterprise from $16.00 to $17.00 and gave the company an “underweight” rating in a research note on Thursday, September 8th. Mizuho lifted their price objective on shares of Hewlett Packard Enterprise from $16.00 to $20.00 and gave the company a “neutral” rating in a research note on Thursday, September 8th. Finally, Brean Capital reissued a “hold” rating on shares of Hewlett Packard Enterprise in a research note on Thursday, September 8th. Two analysts have rated the stock with a sell rating, fourteen have assigned a hold rating and fifteen have issued a buy rating to the stock. Hewlett Packard Enterprise presently has a consensus rating of “Hold” and a consensus price target of $22.49.

Analyst Recommendations for Hewlett Packard Enterprise (NYSE:HPE)

Hewlett Packard Enterprise (NYSE:HPE) opened at 22.87 on Tuesday. The firm has a market cap of $38.09 billion and a P/E ratio of 9.54. Hewlett Packard Enterprise has a 1-year low of $11.62 and a 1-year high of $23.85. The stock 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 released its quarterly earnings results on Tuesday, November 22nd. The company reported $0.61 earnings per share for the quarter, meeting 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 earned $12.50 billion during the quarter, compared to the consensus estimate of $12.85 billion. During the same period in the previous year, the business earned $0.52 earnings per share. The firm’s quarterly revenue was down 7.2% on a year-over-year basis. Equities research analysts forecast that Hewlett Packard Enterprise will post $1.92 EPS for the current year.

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, January 4th. Stockholders of record on Wednesday, December 14th will be given a dividend of $0.065 per share. The ex-dividend date of this dividend is Monday, December 12th. This is an increase from Hewlett Packard Enterprise’s previous quarterly dividend of $0.06. This represents a $0.26 annualized dividend and a dividend yield of 1.14%. Hewlett Packard Enterprise’s payout ratio is presently 9.17%.

In other news, EVP John F. Schultz sold 12,555 shares of the business’s stock in a transaction dated Monday, November 21st. The shares were 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 directly owns 79,447 shares of the company’s stock, valued at $1,863,826.62. The transaction was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, EVP Michael G. Nefkens sold 107,500 shares of the business’s stock in a transaction dated Thursday, September 15th. The stock was sold at an average price of $22.00, for a total transaction of $2,365,000.00. The disclosure for this sale can be found here. Insiders own 0.57% of the company’s stock.

Large investors have recently modified their holdings of the company. Livingston Group Asset Management CO operating as Southport Capital Management purchased a new stake in shares of Hewlett Packard Enterprise during the second quarter worth about $100,000. Ledyard National Bank increased its stake in shares of Hewlett Packard Enterprise by 0.8% in the third quarter. Ledyard National Bank now owns 4,404 shares of the company’s stock worth $100,000 after buying an additional 36 shares during the last quarter. MCF Advisors LLC increased its stake in shares of Hewlett Packard Enterprise by 79.7% in the second quarter. MCF Advisors LLC now owns 5,640 shares of the company’s stock worth $103,000 after buying an additional 2,501 shares during the last quarter. Kernodle & Katon Asset Management Group LLC purchased a new stake in shares of Hewlett Packard Enterprise during the third quarter worth about $103,000. Finally, Bronfman E.L. Rothschild L.P. increased its stake in shares of Hewlett Packard Enterprise by 10.3% in the third quarter. Bronfman E.L. Rothschild L.P. now owns 4,739 shares of the company’s stock worth $108,000 after buying an additional 441 shares during the last quarter. 79.61% of the stock is owned by institutional investors and hedge funds.

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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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