Calamos Advisors LLC lifted its position in Hewlett Packard Enterprise Company (NYSE:HPE) by 57.3% during the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 178,203 shares of the technology company’s stock after acquiring an additional 64,901 shares during the period. Calamos Advisors LLC’s holdings in Hewlett Packard Enterprise were worth $2,956,000 as of its most recent SEC filing.

Other institutional investors have also recently added to or reduced their stakes in the company. State of Alaska Department of Revenue purchased a new position in Hewlett Packard Enterprise during the first quarter valued at approximately $125,000. State Treasurer State of Michigan grew its position in Hewlett Packard Enterprise by 0.4% during the first quarter. State Treasurer State of Michigan now owns 546,797 shares of the technology company’s stock valued at $12,959,000 after purchasing an additional 2,000 shares in the last quarter. First Trust Advisors LP grew its position in Hewlett Packard Enterprise by 24.9% during the first quarter. First Trust Advisors LP now owns 3,497,626 shares of the technology company’s stock valued at $82,894,000 after purchasing an additional 696,516 shares in the last quarter. AMG National Trust Bank grew its position in Hewlett Packard Enterprise by 3.6% during the first quarter. AMG National Trust Bank now owns 65,253 shares of the technology company’s stock valued at $1,547,000 after purchasing an additional 2,293 shares in the last quarter. Finally, Henderson Group PLC grew its position in Hewlett Packard Enterprise by 1.3% during the first quarter. Henderson Group PLC now owns 206,590 shares of the technology company’s stock valued at $4,894,000 after purchasing an additional 2,600 shares in the last quarter. 80.21% of the stock is currently owned by institutional investors and hedge funds.

Shares of Hewlett Packard Enterprise Company (HPE) opened at 13.12 on Friday. Hewlett Packard Enterprise Company has a 52 week low of $11.99 and a 52 week high of $14.86. The stock has a 50 day moving average of $13.68 and a 200-day moving average of $13.68. The firm has a market capitalization of $21.55 billion, a PE ratio of 9.95 and a beta of 2.72.

Hewlett Packard Enterprise (NYSE:HPE) last released its earnings results on Tuesday, September 5th. The technology company reported $0.30 earnings per share 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 9.04%. The business had revenue of $8.21 billion during the quarter, compared to analysts’ expectations of $7.49 billion. During the same period last year, the business earned $0.49 earnings per share. The firm’s revenue was up 2.5% on a year-over-year basis. Equities analysts anticipate that Hewlett Packard Enterprise Company will post $1.39 earnings per share for the current fiscal year.

The company also recently announced a quarterly dividend, which will be paid on Wednesday, October 4th. Investors of record on Wednesday, September 13th will be paid a $0.065 dividend. The ex-dividend date is Tuesday, September 12th. This represents a $0.26 annualized dividend and a dividend yield of 1.98%. Hewlett Packard Enterprise’s dividend payout ratio is presently 371.48%.

HPE has been the topic of a number of research analyst reports. Credit Suisse Group reaffirmed a “buy” rating and set a $21.00 price objective on shares of Hewlett Packard Enterprise in a research 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 reaffirmed a “buy” rating on shares of Hewlett Packard Enterprise in a research report on Wednesday, July 12th. Jefferies Group LLC reaffirmed a “buy” rating and set a $22.00 price objective on shares of Hewlett Packard Enterprise in a research report on Saturday, July 22nd. Finally, Oppenheimer Holdings, Inc. reaffirmed a “buy” rating and set a $17.00 price objective on shares of Hewlett Packard Enterprise in a research report on Friday, September 1st. Four equities research analysts have rated the stock with a sell rating, seventeen have given a hold rating, thirteen have assigned a buy rating and one has assigned a strong buy rating to the stock. Hewlett Packard Enterprise has an average rating of “Hold” and an average target price of $19.18.

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In other Hewlett Packard Enterprise news, CEO Margaret C. Whitman sold 389,668 shares of the firm’s stock in a transaction on Wednesday, July 26th. The stock was 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 owns 962,433 shares of the company’s stock, valued at approximately $17,150,556.06. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, EVP Christopher P. Hsu sold 15,333 shares of the firm’s stock in a transaction on Thursday, July 20th. The shares were sold at an average price of $17.67, for a total value of $270,934.11. Following 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 1,963,677 shares of company stock valued at $34,198,508 over the last three months. 0.87% of the stock is owned by company insiders.

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).

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Institutional Ownership by Quarter for Hewlett Packard Enterprise (NYSE:HPE)

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