Columbia Asset Management continued to hold its position in shares of Hewlett Packard Enterprise Company (NYSE:HPE) during the second quarter, according to its most recent disclosure with the SEC. The firm owned 25,612 shares of the technology company’s stock at the close of the second quarter. Columbia Asset Management’s holdings in Hewlett Packard Enterprise were worth $424,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of HPE. Whittier Trust Co. of Nevada Inc. grew its position 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 purchasing an additional 266 shares during the last quarter. YorkBridge Wealth Partners LLC grew its position in Hewlett Packard Enterprise by 12.1% in the 1st quarter. YorkBridge Wealth Partners LLC now owns 6,257 shares of the technology company’s stock worth $117,000 after purchasing an additional 675 shares during the last quarter. State of Alaska Department of Revenue bought a new position in Hewlett Packard Enterprise in the 1st quarter worth about $125,000. Harfst & Associates Inc. bought a new position in Hewlett Packard Enterprise in the 1st quarter worth about $127,000. Finally, Guardian Life Insurance Co. of America grew its position in Hewlett Packard Enterprise by 0.7% in the 1st quarter. Guardian Life Insurance Co. of America now owns 6,427 shares of the technology company’s stock worth $152,000 after purchasing an additional 43 shares during the last quarter. Hedge funds and other institutional investors own 80.21% of the company’s stock.

Hewlett Packard Enterprise Company (NYSE:HPE) traded up 1.68% during midday trading on Monday, hitting $13.34. 2,039,733 shares of the stock were exchanged. The firm has a market capitalization of $21.91 billion, a price-to-earnings ratio of 10.11 and a beta of 2.72. The company has a 50 day moving average price of $13.67 and a 200 day moving average price of $13.67. Hewlett Packard Enterprise Company has a one year low of $11.99 and a one year high of $14.86.

Hewlett Packard Enterprise (NYSE:HPE) last released its quarterly earnings data 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 0.29% and a return on equity of 9.04%. The business had revenue of $8.21 billion for the quarter, compared to analyst estimates of $7.49 billion. During the same quarter last year, the firm earned $0.49 EPS. Hewlett Packard Enterprise’s quarterly revenue was up 2.5% compared to the same quarter last year. Equities analysts anticipate that Hewlett Packard Enterprise Company will post $1.39 EPS for the current year.

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

HPE has been the subject of several recent analyst reports. Credit Suisse Group restated a “buy” rating and issued a $21.00 target price on shares of Hewlett Packard Enterprise in a research report on Tuesday, May 23rd. Stifel Nicolaus restated a “hold” rating and issued a $20.00 target price on shares of Hewlett Packard Enterprise in a research report on Friday, May 26th. Robert W. Baird restated a “hold” rating on shares of Hewlett Packard Enterprise in a research report on Thursday, June 1st. Barclays PLC restated an “underweight” rating and issued a $17.00 target price (down previously from $18.00) on shares of Hewlett Packard Enterprise in a research report on Thursday, June 1st. Finally, Morgan Stanley restated an “equal weight” rating and issued a $18.00 target price (up previously from $17.00) on shares of Hewlett Packard Enterprise in a research report on Thursday, June 1st. Four analysts have rated the stock with a sell rating, seventeen have given a hold rating, thirteen have assigned a buy rating and one has issued a strong buy rating to the company. The stock currently has an average rating of “Hold” and an average price target of $19.03.

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In related news, CEO Margaret C. Whitman sold 62,652 shares of Hewlett Packard Enterprise stock in a transaction that occurred on Thursday, June 22nd. The shares were sold at an average price of $16.71, for a total transaction of $1,046,914.92. Following the transaction, the chief executive officer now owns 830,251 shares of the company’s stock, valued at approximately $13,873,494.21. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, EVP Christopher P. Hsu sold 15,333 shares of Hewlett Packard Enterprise 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 transaction, the executive vice president now directly owns 15,333 shares in the company, valued at approximately $270,934.11. 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 three months. 0.87% of the stock is owned by insiders.

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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