Loop Capital reiterated their hold rating on shares of Hewlett Packard Enterprise Company (NYSE:HPE) in a research report sent to investors on Friday. The brokerage currently has a $14.50 target price on the technology company’s stock, down from their previous target price of $17.00.

A number of other analysts have also recently weighed in on the stock. Susquehanna Bancshares Inc restated a neutral rating and set a $14.00 target price (down from $17.00) on shares of Hewlett Packard Enterprise in a report on Thursday. Zacks Investment Research cut shares of Hewlett Packard Enterprise from a hold rating to a sell rating in a report on Thursday. 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 report on Wednesday, September 6th. BMO Capital Markets restated a market perform rating and set a $15.00 target price (down from $18.00) on shares of Hewlett Packard Enterprise in a report on Wednesday, September 6th. Finally, Robert W. Baird restated a hold rating on shares of Hewlett Packard Enterprise in a report on Wednesday, September 6th. Four equities research analysts have rated the stock with a sell rating, seventeen have given a hold rating, thirteen have issued a buy rating and one has assigned a strong buy rating to the company’s stock. Hewlett Packard Enterprise presently has a consensus rating of Hold and an average price target of $19.03.

Shares of Hewlett Packard Enterprise (NYSE HPE) opened at 13.12 on Friday. Hewlett Packard Enterprise has a 1-year low of $13.06 and a 1-year high of $19.16. The stock has a market cap of $21.55 billion, a price-to-earnings ratio of 9.95 and a beta of 2.72. The company has a 50-day moving average price of $13.68 and a 200-day moving average price of $13.68.

Hewlett Packard Enterprise (NYSE:HPE) last issued its earnings results on Tuesday, September 5th. The technology company reported $0.30 earnings per share for the quarter, topping the Zacks’ consensus estimate of $0.26 by $0.04. The firm had revenue of $8.21 billion during the quarter, compared to analysts’ expectations of $7.49 billion. Hewlett Packard Enterprise had a net margin of 0.29% and a return on equity of 9.04%. The firm’s revenue for the quarter was up 2.5% compared to the same quarter last year. During the same period last year, the firm posted $0.49 earnings per share. On average, equities analysts expect that Hewlett Packard Enterprise will post $1.39 earnings per share for the current fiscal year.

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The business also recently announced a quarterly dividend, which will be paid on Wednesday, October 4th. Shareholders 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 dividend on an annualized basis and a yield of 1.98%. Hewlett Packard Enterprise’s payout ratio is 371.48%.

In other news, CEO Margaret C. Whitman sold 389,651 shares of the firm’s stock in a transaction on Wednesday, July 19th. The shares were sold at an average price of $17.47, for a total transaction of $6,807,202.97. Following the transaction, the chief executive officer now owns 1,157,250 shares in the company, valued at approximately $20,217,157.50. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CEO Margaret C. Whitman sold 389,668 shares of the firm’s stock in a transaction on Wednesday, August 16th. The shares were sold at an average price of $17.64, for a total transaction of $6,873,743.52. Following the transaction, the chief executive officer now owns 962,433 shares in the company, valued at approximately $16,977,318.12. The disclosure for this sale can be found here. Insiders have sold a total of 1,963,677 shares of company stock worth $34,198,508 in the last 90 days. 0.87% of the stock is owned by insiders.

Several institutional investors have recently added to or reduced their stakes in HPE. BlackRock Inc. raised its holdings in shares of Hewlett Packard Enterprise by 2,713.7% during the 1st quarter. BlackRock Inc. now owns 99,450,412 shares of the technology company’s stock valued at $2,356,975,000 after purchasing an additional 95,915,907 shares in the last quarter. Dodge & Cox raised its holdings in shares of Hewlett Packard Enterprise by 12.2% during the 2nd quarter. Dodge & Cox now owns 238,615,401 shares of the technology company’s stock valued at $3,958,630,000 after purchasing an additional 25,852,541 shares in the last quarter. Hotchkis & Wiley Capital Management LLC raised its holdings in shares of Hewlett Packard Enterprise by 32.7% during the 2nd quarter. Hotchkis & Wiley Capital Management LLC now owns 67,334,620 shares of the technology company’s stock valued at $1,117,081,000 after purchasing an additional 16,592,308 shares in the last quarter. Victory Capital Management Inc. raised its holdings in shares of Hewlett Packard Enterprise by 145.3% during the 2nd quarter. Victory Capital Management Inc. now owns 10,266,112 shares of the technology company’s stock valued at $170,315,000 after purchasing an additional 6,081,628 shares in the last quarter. Finally, Primecap Management Co. CA raised its holdings in shares of Hewlett Packard Enterprise by 9.6% during the 1st quarter. Primecap Management Co. CA now owns 61,397,295 shares of the technology company’s stock valued at $1,455,116,000 after purchasing an additional 5,394,147 shares in the last quarter. Institutional investors and hedge funds own 80.21% 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).

Analyst Recommendations for Hewlett Packard Enterprise (NYSE:HPE)

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