Hewlett Packard Enterprise Company (NYSE:HPE) CEO Margaret C. Whitman sold 138,401 shares of the firm’s stock in a transaction on Wednesday, August 2nd. The shares were sold at an average price of $17.45, for a total transaction of $2,415,097.45. Following the completion of the transaction, the chief executive officer now directly owns 896,720 shares in the company, valued at $15,647,764. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link.

Hewlett Packard Enterprise Company (NYSE HPE) traded up 1.186% during trading on Friday, hitting $17.495. 3,603,692 shares of the stock traded hands. The firm has a 50-day moving average price of $17.04 and a 200 day moving average price of $17.61. Hewlett Packard Enterprise Company has a 52-week low of $15.49 and a 52-week high of $19.16. The company has a market cap of $28.74 billion, a P/E ratio of 13.264 and a beta of 2.74.

Hewlett Packard Enterprise (NYSE:HPE) last issued its quarterly earnings data on Wednesday, May 31st. The technology company reported $0.35 earnings per share for the quarter, hitting the Thomson Reuters’ consensus estimate of $0.35. Hewlett Packard Enterprise had a net margin of 4.85% and a return on equity of 9.80%. The firm had revenue of $9.90 billion for the quarter, compared to analysts’ expectations of $9.75 billion. During the same quarter in the prior year, the business earned $0.42 EPS. The business’s quarterly revenue was down 22.1% on a year-over-year basis. On average, equities analysts expect that Hewlett Packard Enterprise Company will post $1.45 EPS for the current year.

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, October 4th. Stockholders of record on Wednesday, September 13th will be paid a $0.065 dividend. This represents a $0.26 annualized dividend and a dividend yield of 1.50%. The ex-dividend date is Tuesday, September 12th. Hewlett Packard Enterprise’s dividend payout ratio (DPR) is presently 20.16%.

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Several institutional investors have recently modified their holdings of HPE. Vanguard Group Inc. boosted its position in shares of Hewlett Packard Enterprise by 3.9% in the first quarter. Vanguard Group Inc. now owns 109,348,198 shares of the technology company’s stock valued at $2,591,553,000 after buying an additional 4,103,276 shares during the period. BlackRock Inc. boosted its position 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 during the period. Primecap Management Co. CA boosted its position in shares of Hewlett Packard Enterprise by 9.6% in the first quarter. Primecap Management Co. CA now owns 61,397,295 shares of the technology company’s stock valued at $1,455,116,000 after buying an additional 5,394,147 shares during the period. Hotchkis & Wiley Capital Management LLC boosted its position in shares of Hewlett Packard Enterprise by 35.7% in the first quarter. Hotchkis & Wiley Capital Management LLC now owns 50,742,312 shares of the technology company’s stock valued at $1,202,593,000 after buying an additional 13,343,212 shares during the period. Finally, Bank of New York Mellon Corp boosted its position in shares of Hewlett Packard Enterprise by 16.4% in the first quarter. Bank of New York Mellon Corp now owns 19,552,733 shares of the technology company’s stock valued at $463,399,000 after buying an additional 2,759,981 shares during the period. Hedge funds and other institutional investors own 80.60% of the company’s stock.

A number of research analysts have weighed in on the stock. Barclays PLC reaffirmed an “underweight” rating and issued a $17.00 price objective (down from $18.00) on shares of Hewlett Packard Enterprise in a research note on Thursday, June 1st. Maxim Group reaffirmed a “hold” rating and issued a $18.00 price objective on shares of Hewlett Packard Enterprise in a research note on Friday, July 14th. Mizuho reaffirmed a “buy” rating on shares of Hewlett Packard Enterprise in a research note on Wednesday, July 12th. Robert W. Baird reaffirmed a “hold” rating on shares of Hewlett Packard Enterprise in a research note on Thursday, June 1st. Finally, BidaskClub raised shares of Hewlett Packard Enterprise from a “sell” rating to a “hold” rating in a research note on Wednesday, July 12th. Two investment analysts have rated the stock with a sell rating, sixteen have issued a hold rating, twelve have given a buy rating and one has issued a strong buy rating to the company. The company presently has an average rating of “Hold” and a consensus target price of $21.87.

About Hewlett Packard Enterprise

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).

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

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