Empyrean Capital Partners LP maintained its position in Hewlett Packard Enterprise Company (NYSE:HPE) during the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 2,250,914 shares of the technology company’s stock at the close of the 2nd quarter. Hewlett Packard Enterprise comprises 1.6% of Empyrean Capital Partners LP’s investment portfolio, making the stock its 12th largest holding. Empyrean Capital Partners LP owned approximately 0.14% of Hewlett Packard Enterprise worth $37,343,000 at the end of the most recent reporting period.

Several other hedge funds also recently bought and sold shares of HPE. BlackRock Inc. lifted its position 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 acquiring an additional 95,915,907 shares during the period. Dodge & Cox lifted its position 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 acquiring an additional 25,852,541 shares during the period. Hotchkis & Wiley Capital Management LLC lifted its position 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 acquiring an additional 16,592,308 shares during the period. Victory Capital Management Inc. lifted its position 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 acquiring an additional 6,081,628 shares during the period. Finally, Primecap Management Co. CA lifted its position 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 acquiring an additional 5,394,147 shares during the period. Institutional investors own 81.34% of the company’s stock.

HPE has been the subject of several research reports. Mizuho restated a “neutral” rating on shares of Hewlett Packard Enterprise in a research report on Friday, June 9th. BidaskClub downgraded Hewlett Packard Enterprise from a “hold” rating to a “sell” rating in a research report on Tuesday, June 20th. CIBC cut their price objective on Hewlett Packard Enterprise from $27.00 to $21.00 and set a “buy” rating for the company in a research report on Tuesday, July 4th. Royal Bank Of Canada restated a “hold” rating and set a $20.00 price objective on shares of Hewlett Packard Enterprise in a research report on Wednesday, July 12th. Finally, Maxim Group restated a “hold” rating and set a $18.00 price objective on shares of Hewlett Packard Enterprise in a research report on Friday, July 14th. Four equities research analysts have rated the stock with a sell rating, seventeen have issued a hold rating, thirteen have assigned a buy rating and one has given a strong buy rating to the stock. The company currently has an average rating of “Hold” and a consensus price target of $18.51.

Shares of Hewlett Packard Enterprise Company (NYSE HPE) traded down 1.15% during mid-day trading on Friday, reaching $14.66. 2,908,832 shares of the company were exchanged. The company has a market capitalization of $23.74 billion, a price-to-earnings ratio of 203.61 and a beta of 2.71. The firm’s 50-day moving average is $13.94 and its 200-day moving average is $13.78. Hewlett Packard Enterprise Company has a 12 month low of $12.26 and a 12 month high of $15.12.

Hewlett Packard Enterprise (NYSE:HPE) last announced its quarterly earnings results on Tuesday, September 5th. The technology company reported $0.30 EPS for the quarter, topping the Thomson Reuters’ 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 company had revenue of $8.21 billion for the quarter, compared to analyst estimates of $7.49 billion. During the same quarter in the prior year, the business posted $0.49 EPS. Hewlett Packard Enterprise’s quarterly revenue was up 2.5% on a year-over-year basis. On average, equities analysts forecast that Hewlett Packard Enterprise Company will post $1.40 earnings per share for the current fiscal year.

The firm also recently declared a quarterly dividend, which was paid on Wednesday, October 4th. Stockholders of record on Wednesday, September 13th were paid a dividend of $0.065 per share. The ex-dividend date of this dividend was Tuesday, September 12th. This represents a $0.26 annualized dividend and a dividend yield of 1.75%. Hewlett Packard Enterprise’s dividend payout ratio (DPR) is 371.48%.

In related news, CEO Margaret C. Whitman sold 194,844 shares of the firm’s stock in a transaction on Wednesday, July 12th. The shares were sold at an average price of $16.73, for a total value of $3,259,740.12. Following the transaction, the chief executive officer now directly owns 865,021 shares in the company, valued at approximately $14,471,801.33. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, 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 completion of the transaction, the chief executive officer now owns 1,157,250 shares in the company, valued at $20,217,157.50. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 4,255,362 shares of company stock worth $66,291,207. 0.87% of the stock is currently owned by company insiders.

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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).

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

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