Bank of Hawaii lowered its stake in shares of Hewlett Packard Enterprise Company (NYSE:HPE) by 17.2% in the second quarter, according to its most recent 13F filing with the SEC. The fund owned 11,130 shares of the technology company’s stock after selling 2,310 shares during the period. Bank of Hawaii’s holdings in Hewlett Packard Enterprise were worth $185,000 as of its most recent SEC filing.

Other hedge funds also recently added to or reduced their stakes in the company. Harfst & Associates Inc. purchased a new position in shares of Hewlett Packard Enterprise in the 1st quarter worth approximately $127,000. Guardian Life Insurance Co. of America boosted its stake in shares of 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 buying an additional 43 shares during the last quarter. Whittier Trust Co. of Nevada Inc. boosted its stake in shares of 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 buying an additional 266 shares during the last quarter. State of Alaska Department of Revenue boosted its stake in shares of Hewlett Packard Enterprise by 55.1% in the 2nd quarter. State of Alaska Department of Revenue now owns 8,224 shares of the technology company’s stock worth $136,000 after buying an additional 2,920 shares during the last quarter. Finally, D.A. Davidson & CO. boosted its stake in shares of Hewlett Packard Enterprise by 13.2% in the 2nd quarter. D.A. Davidson & CO. now owns 8,300 shares of the technology company’s stock worth $137,000 after buying an additional 966 shares during the last quarter. Institutional investors and hedge funds own 81.34% of the company’s stock.

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A number of brokerages have recently weighed in on HPE. Berenberg Bank set a $17.00 target price on Hewlett Packard Enterprise and gave the stock a “hold” rating in a research note on Saturday, June 3rd. Zacks Investment Research upgraded Hewlett Packard Enterprise from a “strong sell” rating to a “hold” rating in a research note on Monday, June 5th. Raymond James Financial, Inc. restated an “outperform” rating and issued a $21.00 target price on shares of Hewlett Packard Enterprise in a research note on Monday, June 5th. Jefferies Group LLC restated 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, September 6th. Finally, Royal Bank Of Canada restated a “sector perform” rating and issued a $15.00 target price (down previously from $20.00) on shares of Hewlett Packard Enterprise in a research note on Friday, September 1st. Four investment analysts have rated the stock with a sell rating, seventeen have assigned a hold rating, thirteen have assigned a buy rating and one has given a strong buy rating to the stock. Hewlett Packard Enterprise has an average rating of “Hold” and an average price target of $18.79.

Shares of Hewlett Packard Enterprise Company (NYSE:HPE) opened at 14.71 on Friday. Hewlett Packard Enterprise Company has a one year low of $12.26 and a one year high of $14.86. The firm’s 50-day moving average is $13.61 and its 200-day moving average is $13.67. The company has a market cap of $23.82 billion, a PE ratio of 204.31 and a beta of 2.72.

Hewlett Packard Enterprise (NYSE:HPE) last issued its quarterly earnings results on Tuesday, September 5th. The technology company reported $0.30 earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of $0.26 by $0.04. The business had revenue of $8.21 billion for 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 company’s revenue was up 2.5% compared to the same quarter last year. During the same quarter last year, the company posted $0.49 EPS. On average, equities analysts anticipate that Hewlett Packard Enterprise Company will post $1.40 EPS for the current year.

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, October 4th. Stockholders 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 dividend yield of 1.77%. The ex-dividend date is Tuesday, September 12th. Hewlett Packard Enterprise’s dividend payout ratio is presently 371.48%.

In other news, CEO Margaret C. Whitman sold 194,844 shares of Hewlett Packard Enterprise stock in a transaction on Wednesday, July 12th. The shares were sold at an average price of $16.73, for a total transaction of $3,259,740.12. Following the transaction, the chief executive officer now owns 865,021 shares in the company, valued at approximately $14,471,801.33. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, EVP Christopher P. Hsu sold 15,333 shares of Hewlett Packard Enterprise 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 transaction, the executive vice president now 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 4,255,362 shares of company stock worth $66,291,207 in the last quarter. Corporate insiders own 0.87% 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).

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

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