Neuberger Berman Group LLC lifted its stake in Hewlett Packard Enterprise Company (NYSE:HPE) by 57.8% in the 2nd quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 1,182,144 shares of the technology company’s stock after buying an additional 432,866 shares during the period. Neuberger Berman Group LLC owned about 0.07% of Hewlett Packard Enterprise worth $19,612,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in the stock. Vanguard Group Inc. lifted its stake 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. lifted its stake 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 lifted its stake 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 lifted its stake 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, Pzena Investment Management LLC lifted its stake in shares of Hewlett Packard Enterprise by 27.7% in 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.

Several equities research analysts recently weighed in on the stock. Deutsche Bank AG reduced their target price on shares of Hewlett Packard Enterprise from $20.00 to $16.00 and set a “buy” rating for the company in a research note on Wednesday. BMO Capital Markets reduced their target price on shares of Hewlett Packard Enterprise from $18.00 to $15.00 and set a “market perform” rating for the company in a research note on Wednesday. Robert W. Baird reiterated a “hold” rating on shares of Hewlett Packard Enterprise in a research note on Wednesday. Jefferies Group LLC reiterated a “buy” rating and issued a $17.50 target price (down previously from $22.00) on shares of Hewlett Packard Enterprise in a research note on Wednesday. Finally, J P Morgan Chase & Co reiterated a “neutral” rating and issued a $14.00 target price on shares of Hewlett Packard Enterprise in a research note on Wednesday. Three equities research analysts have rated the stock with a sell rating, eighteen have assigned a hold rating, thirteen have given a buy rating and one has issued a strong buy rating to the company. The stock currently has a consensus rating of “Hold” and an average price target of $19.38.

In other news, CEO Margaret C. Whitman sold 389,668 shares of the stock in a transaction on Wednesday, July 26th. The shares were sold at an average price of $17.82, for a total transaction of $6,943,883.76. Following the completion of the sale, the chief executive officer now directly owns 962,433 shares in the company, valued at $17,150,556.06. The transaction was disclosed in a filing with the SEC, which is available at this link. Also, EVP Christopher P. Hsu sold 15,333 shares of the stock in a transaction 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 sale, the executive vice president now owns 15,333 shares of the company’s stock, valued at $270,934.11. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 1,963,677 shares of company stock valued at $34,198,508. 0.87% of the stock is currently owned by corporate insiders.

Shares of Hewlett Packard Enterprise Company (NYSE:HPE) opened at 13.77 on Thursday. The company has a 50 day moving average of $13.71 and a 200-day moving average of $13.69. The firm has a market cap of $22.62 billion, a price-to-earnings ratio of 10.44 and a beta of 2.72. 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 some unusual options trading activity on Tuesday. Investors purchased 12,185 put options on the stock. This represents an increase of 320% compared to the average daily 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 (EPS) for the quarter, beating the Thomson Reuters’ 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 firm had revenue of $8.21 billion during the quarter, compared to analysts’ expectations of $7.49 billion. During the same period in the prior year, the company posted $0.49 EPS. The company’s revenue was up 2.5% on a year-over-year basis. On average, analysts expect that Hewlett Packard Enterprise Company will post $1.44 EPS for the current year.

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

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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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