AMG National Trust Bank raised its holdings in shares of Hewlett Packard Enterprise Company (NYSE:HPE) by 56.2% in the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 101,900 shares of the technology company’s stock after buying an additional 36,647 shares during the period. AMG National Trust Bank’s holdings in Hewlett Packard Enterprise were worth $1,690,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also bought and sold shares of the business. Vanguard Group Inc. boosted its position in Hewlett Packard Enterprise by 3.9% during 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 Hewlett Packard Enterprise by 2,713.7% during 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 Hewlett Packard Enterprise by 9.6% during 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 Hewlett Packard Enterprise by 35.7% during 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, Pzena Investment Management LLC boosted its position in 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 valued at $367,124,000 after buying an additional 4,794,388 shares during the period. Institutional investors and hedge funds own 80.21% of the company’s stock.

Shares of Hewlett Packard Enterprise Company (HPE) traded down 0.78% during trading on Wednesday, hitting $13.93. 20,062,562 shares of the company’s stock were exchanged. The stock has a market cap of $22.88 billion, a P/E ratio of 10.56 and a beta of 2.72. The firm has a 50-day moving average price of $13.70 and a 200-day moving average price of $13.69. Hewlett Packard Enterprise Company has a one year low of $11.99 and a one year high of $14.86. Hewlett Packard Enterprise also was the recipient of unusually large options trading activity on Tuesday. Investors acquired 12,185 put options on the stock. This is an increase of approximately 320% compared to the typical volume of 2,901 put options.

Hewlett Packard Enterprise (NYSE:HPE) last announced its quarterly earnings results on Tuesday, September 5th. The technology company reported $0.30 earnings per share for the quarter, topping the consensus estimate of $0.26 by $0.04. Hewlett Packard Enterprise had a net margin of 4.85% and a return on equity of 9.80%. The firm had revenue of $8.21 billion during the quarter, compared to analysts’ expectations of $7.49 billion. During the same quarter in the prior year, the company earned $0.49 EPS. The company’s revenue was up 2.5% compared to the same quarter last year. Equities research analysts expect that Hewlett Packard Enterprise Company will post $1.44 EPS for the current fiscal year.

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, October 4th. Stockholders of record on Wednesday, September 13th will be given a $0.065 dividend. The ex-dividend date of this dividend is Tuesday, September 12th. This represents a $0.26 annualized dividend and a dividend yield of 1.85%. Hewlett Packard Enterprise’s payout ratio is presently 20.16%.

Several analysts have issued reports on the stock. Stifel Nicolaus restated 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 reiterated a “hold” rating on shares of Hewlett Packard Enterprise in a report on Thursday, June 1st. Credit Suisse Group reiterated a “buy” rating and set a $21.00 target price on shares of Hewlett Packard Enterprise in a report on Tuesday, May 23rd. Barclays PLC dropped their target price on shares of Hewlett Packard Enterprise from $21.00 to $18.00 and set an “underweight” rating for the company in a report on Wednesday, May 10th. Finally, Oppenheimer Holdings, Inc. reiterated a “buy” rating and set a $17.00 target price on shares of Hewlett Packard Enterprise in a report on Friday, September 1st. Three equities research analysts have rated the stock with a sell rating, eighteen have issued a hold rating, thirteen have assigned a buy rating and one has assigned a strong buy rating to the company. The company has a consensus rating of “Hold” and an average target price of $20.22.

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In other news, CEO Margaret C. Whitman sold 62,652 shares of the company’s stock in a transaction that occurred on Thursday, June 22nd. The shares were sold at an average price of $16.71, for a total value of $1,046,914.92. Following the completion of the sale, the chief executive officer now owns 830,251 shares of the company’s stock, valued at approximately $13,873,494.21. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Also, EVP Christopher P. Hsu sold 15,333 shares of the company’s stock in a transaction that occurred on Thursday, July 20th. The stock was sold at an average price of $17.67, for a total transaction of $270,934.11. Following the completion of the sale, the executive vice president now directly owns 15,333 shares of the company’s stock, valued at approximately $270,934.11. The disclosure for this sale can be found here. Insiders sold a total of 1,963,677 shares of company stock valued at $34,198,508 in the last ninety days. Corporate 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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