Hewlett Packard Enterprise Company (NYSE:HPE) – Stock analysts at KeyCorp issued their Q1 2018 earnings per share (EPS) estimates for Hewlett Packard Enterprise in a research report issued on Wednesday. KeyCorp analyst A. Kurtz anticipates that the technology company will post earnings per share of $0.22 for the quarter. KeyCorp also issued estimates for Hewlett Packard Enterprise’s Q4 2018 earnings at $0.37 EPS.

Other equities analysts have also recently issued reports about the stock. Credit Suisse Group reaffirmed a “buy” rating and issued a $21.00 target price on shares of Hewlett Packard Enterprise in a report on Tuesday, May 23rd. CIBC lowered their price objective on shares of Hewlett Packard Enterprise from $27.00 to $21.00 and set a “buy” rating on the stock in a research report on Tuesday, July 4th. Mizuho reiterated a “buy” rating on shares of Hewlett Packard Enterprise in a research report on Wednesday, July 12th. Jefferies Group LLC reiterated a “buy” rating and issued a $22.00 price objective on shares of Hewlett Packard Enterprise in a research report on Saturday, July 22nd. Finally, Oppenheimer Holdings, Inc. reiterated a “buy” rating and issued a $17.00 price objective on shares of Hewlett Packard Enterprise in a research report on Friday, September 1st. Four research analysts have rated the stock with a sell rating, seventeen have issued a hold rating, thirteen 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 an average price target of $19.38.

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Hewlett Packard Enterprise (NYSE HPE) traded down 1.271% during midday trading on Thursday, hitting $13.595. 4,017,657 shares of the stock traded hands. The company’s 50-day moving average is $13.71 and its 200 day moving average is $13.69. The firm has a market cap of $22.33 billion, a P/E ratio of 10.307 and a beta of 2.72. Hewlett Packard Enterprise has a 12-month low of $11.99 and a 12-month high of $14.86. Hewlett Packard Enterprise also was the target of some unusual options trading activity on Tuesday. Investors bought 12,185 put options on the company. This is an increase of 320% compared to the typical daily volume of 2,901 put options.

Hewlett Packard Enterprise (NYSE:HPE) last posted its quarterly earnings results on Tuesday, September 5th. The technology company reported $0.30 EPS for the quarter, beating the consensus estimate of $0.26 by $0.04. Hewlett Packard Enterprise had a net margin of 0.29% and a return on equity of 8.92%. The business had revenue of $8.21 billion during the quarter, compared to analyst estimates of $7.49 billion. During the same quarter in the previous year, the business posted $0.49 EPS. The company’s quarterly revenue was up 2.5% compared to the same quarter last year.

Several large investors have recently modified their holdings of HPE. WFG Advisors LP grew its holdings in shares of Hewlett Packard Enterprise by 15.3% during the 2nd quarter. WFG Advisors LP now owns 6,043 shares of the technology company’s stock worth $100,000 after purchasing an additional 801 shares during the period. Archford Capital Strategies LLC boosted its holdings in Hewlett Packard Enterprise by 6,858.7% in the 2nd quarter. Archford Capital Strategies LLC now owns 7,585 shares of the technology company’s stock worth $101,000 after acquiring an additional 7,476 shares during the period. YorkBridge Wealth Partners LLC boosted its holdings in Hewlett Packard Enterprise by 3.2% in the 2nd quarter. YorkBridge Wealth Partners LLC now owns 6,457 shares of the technology company’s stock worth $108,000 after acquiring an additional 200 shares during the period. Whittier Trust Co. of Nevada Inc. boosted its holdings in Hewlett Packard Enterprise by 4.1% in the 2nd quarter. Whittier Trust Co. of Nevada Inc. now owns 6,713 shares of the technology company’s stock worth $111,000 after acquiring an additional 266 shares during the period. Finally, State of Alaska Department of Revenue purchased a new position in Hewlett Packard Enterprise in the 1st quarter worth approximately $125,000. Institutional investors and hedge funds own 80.21% of the company’s stock.

In other news, CEO Margaret C. Whitman sold 132,192 shares of the business’s stock in a transaction dated Wednesday, June 21st. The stock was sold at an average price of $16.71, for a total transaction of $2,208,928.32. Following the completion of the sale, the chief executive officer now owns 865,021 shares in the company, valued at approximately $14,454,500.91. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CEO Margaret C. Whitman sold 194,844 shares of the business’s stock in a transaction dated Wednesday, July 12th. The stock was sold at an average price of $16.73, for a total value of $3,259,740.12. Following the sale, the chief executive officer now owns 865,021 shares of the company’s stock, valued at approximately $14,471,801.33. The disclosure for this sale can be found here. Insiders have sold a total of 1,963,677 shares of company stock valued at $34,198,508 in the last quarter. Company insiders own 0.87% of the company’s stock.

The company also recently announced a quarterly dividend, which will be paid on Wednesday, October 4th. Stockholders of record on Wednesday, September 13th will be issued a dividend of $0.065 per share. This represents a $0.26 dividend on an annualized basis and a dividend yield of 1.89%. The ex-dividend date is Tuesday, September 12th. Hewlett Packard Enterprise’s payout ratio is currently 371.48%.

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).

Earnings History and Estimates for Hewlett Packard Enterprise (NYSE:HPE)

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