Caxton Associates LP purchased a new stake in Hewlett Packard Enterprise Company (NYSE:HPE) during the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor purchased 31,800 shares of the technology company’s stock, valued at approximately $528,000.

A number of other large investors have also bought and sold shares of HPE. Tredje AP fonden boosted its holdings in Hewlett Packard Enterprise by 29.4% in the first quarter. Tredje AP fonden now owns 275,103 shares of the technology company’s stock valued at $6,538,000 after purchasing an additional 62,536 shares during the last quarter. AXA boosted its holdings in Hewlett Packard Enterprise by 103.9% in the first quarter. AXA now owns 3,503,832 shares of the technology company’s stock valued at $83,041,000 after purchasing an additional 1,785,040 shares during the last quarter. Summit Financial Wealth Advisors LLC boosted its holdings in Hewlett Packard Enterprise by 10.3% in the first quarter. Summit Financial Wealth Advisors LLC now owns 34,076 shares of the technology company’s stock valued at $808,000 after purchasing an additional 3,177 shares during the last quarter. Municipal Employees Retirement System of Michigan boosted its holdings in Hewlett Packard Enterprise by 1.1% in the first quarter. Municipal Employees Retirement System of Michigan now owns 61,550 shares of the technology company’s stock valued at $1,459,000 after purchasing an additional 680 shares during the last quarter. Finally, ZWJ Investment Counsel Inc. purchased a new stake in Hewlett Packard Enterprise in the first quarter valued at $266,000. 81.33% of the stock is currently owned by institutional investors.

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Several equities research analysts have commented on the stock. Barclays PLC upped their price target on shares of Hewlett Packard Enterprise from $17.00 to $18.00 and gave the company an “underweight” rating in a report on Friday, September 1st. Oppenheimer Holdings, Inc. reaffirmed a “buy” rating and issued a $17.00 price target on shares of Hewlett Packard Enterprise in a report on Friday, September 1st. Jefferies Group LLC reaffirmed a “buy” rating and issued a $22.00 price target on shares of Hewlett Packard Enterprise in a report on Saturday, July 22nd. Loop Capital assumed coverage on shares of Hewlett Packard Enterprise in a report on Tuesday, August 22nd. They issued a “hold” rating and a $17.00 price target on the stock. Finally, BidaskClub raised shares of Hewlett Packard Enterprise from a “sell” rating to a “hold” rating in a report on Monday, August 14th. Four equities research analysts have rated the stock with a sell rating, seventeen have issued a hold rating, thirteen have given a buy rating and one has issued a strong buy rating to the stock. The stock has an average rating of “Hold” and a consensus price target of $18.51.

Hewlett Packard Enterprise Company (NYSE:HPE) traded down 0.53% on Wednesday, hitting $14.88. 810,964 shares of the company traded hands. Hewlett Packard Enterprise Company has a 12 month low of $12.26 and a 12 month high of $15.12. The stock has a market cap of $24.10 billion, a PE ratio of 206.67 and a beta of 2.71. The stock’s 50-day moving average is $14.07 and its 200 day moving average is $13.83.

Hewlett Packard Enterprise (NYSE:HPE) last released its quarterly earnings data on Tuesday, September 5th. The technology company reported $0.30 EPS for the quarter, topping analysts’ consensus estimates of $0.26 by $0.04. The firm had revenue of $8.21 billion for the quarter, compared to the consensus estimate 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 in the previous year, the firm earned $0.49 earnings per share. Equities research analysts expect that Hewlett Packard Enterprise Company will post $1.40 earnings per share for the current fiscal year.

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, October 4th. Investors of record on Wednesday, September 13th were issued a dividend of $0.065 per share. This represents a $0.26 dividend on an annualized basis and a yield of 1.74%. The ex-dividend date of this dividend was Tuesday, September 12th. Hewlett Packard Enterprise’s dividend payout ratio is currently 371.48%.

In related news, CEO Margaret C. Whitman sold 389,668 shares of the business’s stock in a transaction dated Wednesday, July 26th. The shares were sold at an average price of $17.82, for a total transaction of $6,943,883.76. Following the sale, the chief executive officer now owns 962,433 shares of the company’s stock, valued at $17,150,556.06. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, CEO Margaret C. Whitman sold 1,494,094 shares of the business’s stock in a transaction dated Friday, September 22nd. The stock was sold at an average price of $14.27, for a total transaction of $21,320,721.38. Following the sale, the chief executive officer now directly owns 1,514,639 shares in the company, valued at approximately $21,613,898.53. The disclosure for this sale can be found here. In the last three months, insiders have sold 4,060,518 shares of company stock worth $63,031,467. 0.87% of the stock is owned by insiders.

About Hewlett Packard Enterprise

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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