Amalgamated Bank increased its position in Hewlett Packard Enterprise Company (NYSE:HPE) by 54.9% in the second quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 186,489 shares of the technology company’s stock after acquiring an additional 66,080 shares during the period. Amalgamated Bank’s holdings in Hewlett Packard Enterprise were worth $3,094,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently made changes to their positions in HPE. BlackRock Inc. raised its holdings in Hewlett Packard Enterprise by 2,713.7% in the 1st quarter. BlackRock Inc. now owns 99,450,412 shares of the technology company’s stock worth $2,356,975,000 after acquiring an additional 95,915,907 shares during the last quarter. Hotchkis & Wiley Capital Management LLC raised its holdings in Hewlett Packard Enterprise by 35.7% in the 1st quarter. Hotchkis & Wiley Capital Management LLC now owns 50,742,312 shares of the technology company’s stock worth $1,202,593,000 after acquiring an additional 13,343,212 shares during the last quarter. Victory Capital Management Inc. raised its holdings in Hewlett Packard Enterprise by 145.3% in the 2nd quarter. Victory Capital Management Inc. now owns 10,266,112 shares of the technology company’s stock worth $170,315,000 after acquiring an additional 6,081,628 shares during the last quarter. Primecap Management Co. CA raised its holdings in Hewlett Packard Enterprise by 9.6% in the 1st quarter. Primecap Management Co. CA now owns 61,397,295 shares of the technology company’s stock worth $1,455,116,000 after acquiring an additional 5,394,147 shares during the last quarter. Finally, Pzena Investment Management LLC raised its holdings in Hewlett Packard Enterprise by 27.7% in the 2nd quarter. Pzena Investment Management LLC now owns 22,129,234 shares of the technology company’s stock worth $367,124,000 after acquiring an additional 4,794,388 shares during the last quarter. Institutional investors own 80.21% of the company’s stock.

Shares of Hewlett Packard Enterprise Company (NYSE:HPE) traded up 0.37% on Friday, reaching $13.52. 15,605,995 shares of the company traded hands. The stock has a market capitalization of $22.21 billion, a price-to-earnings ratio of 10.25 and a beta of 2.72. Hewlett Packard Enterprise Company has a 1-year low of $12.26 and a 1-year high of $14.86. The company has a 50-day moving average of $13.61 and a 200-day moving average of $13.66.

Hewlett Packard Enterprise (NYSE:HPE) last released its quarterly earnings results on Tuesday, September 5th. The technology company reported $0.30 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $0.26 by $0.04. The company had revenue of $8.21 billion for the quarter, compared to analyst estimates 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 was up 2.5% on a year-over-year basis. During the same quarter last year, the business earned $0.49 earnings per share. Analysts anticipate that Hewlett Packard Enterprise Company will post $1.40 earnings per share for the current fiscal year.

The company also recently declared a quarterly dividend, which will be paid on Wednesday, October 4th. Investors of record on Wednesday, September 13th will be given a dividend of $0.065 per share. The ex-dividend date is Tuesday, September 12th. This represents a $0.26 annualized dividend and a yield of 1.92%. Hewlett Packard Enterprise’s dividend payout ratio is presently 371.48%.

A number of brokerages recently weighed in on HPE. Zacks Investment Research upgraded shares of Hewlett Packard Enterprise from a “strong sell” rating to a “hold” rating in a report on Monday, June 5th. Maxim Group reaffirmed a “hold” rating and issued a $14.00 target price (down previously from $18.00) on shares of Hewlett Packard Enterprise in a research report on Wednesday, September 6th. Robert W. Baird reaffirmed a “hold” rating on shares of Hewlett Packard Enterprise in a research report on Thursday, June 1st. Royal Bank Of Canada cut their target price on shares of Hewlett Packard Enterprise from $20.00 to $15.00 and set a “sector perform” rating for the company in a research report on Wednesday, September 6th. Finally, BMO Capital Markets reaffirmed a “market perform” rating and issued a $15.00 target price (down previously from $18.00) on shares of Hewlett Packard Enterprise in a research report on Wednesday, September 6th. Four equities research analysts have rated the stock with a sell rating, seventeen have assigned a hold rating, thirteen have assigned a buy rating and one has assigned a strong buy rating to the stock. The stock presently has an average rating of “Hold” and an average target price of $19.03.

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In related news, CEO Margaret C. Whitman sold 62,652 shares of the firm’s stock in a transaction 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 sale, the chief executive officer now owns 830,251 shares in the company, valued at $13,873,494.21. The transaction was disclosed in a document filed with the SEC, which can be accessed through this link. Also, CEO Margaret C. Whitman sold 249,052 shares of the firm’s stock in a transaction on Thursday, September 14th. The shares were sold at an average price of $13.14, for a total transaction of $3,272,543.28. Following the sale, the chief executive officer now owns 892,118 shares in the company, valued at approximately $11,722,430.52. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 2,212,729 shares of company stock worth $37,471,052. 0.87% of the stock is owned by company insiders.

Hewlett Packard Enterprise 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).

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

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