Columbia Asset Management boosted its holdings in Hewlett Packard Enterprise Company (NYSE:HPE) by 100.0% in the 3rd quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 51,225 shares of the technology company’s stock after purchasing an additional 25,613 shares during the quarter. Columbia Asset Management’s holdings in Hewlett Packard Enterprise were worth $888,000 at the end of the most recent reporting period.

Other institutional investors have also modified their holdings of the company. WFG Advisors LP raised its position in shares of Hewlett Packard Enterprise by 15.3% in the 2nd quarter. WFG Advisors LP now owns 6,043 shares of the technology company’s stock valued at $100,000 after buying an additional 801 shares in the last quarter. Archford Capital Strategies LLC raised its position in shares of Hewlett Packard Enterprise by 6,858.7% in the 2nd quarter. Archford Capital Strategies LLC now owns 7,585 shares of the technology company’s stock valued at $101,000 after buying an additional 7,476 shares in the last quarter. YorkBridge Wealth Partners LLC raised its position in shares of Hewlett Packard Enterprise by 3.2% in the 2nd quarter. YorkBridge Wealth Partners LLC now owns 6,457 shares of the technology company’s stock valued at $108,000 after buying an additional 200 shares in the last quarter. Whittier Trust Co. of Nevada Inc. raised its position 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 valued at $111,000 after buying an additional 266 shares in the last quarter. Finally, Harfst & Associates Inc. raised its position in shares of Hewlett Packard Enterprise by 42.5% in the 2nd quarter. Harfst & Associates Inc. now owns 7,667 shares of the technology company’s stock valued at $127,000 after buying an additional 2,287 shares in the last quarter. Institutional investors and hedge funds own 81.96% of the company’s stock.

In related news, CEO Margaret C. Whitman sold 1,494,094 shares of the business’s stock in a transaction on Friday, September 22nd. The shares were sold at an average price of $14.27, for a total transaction of $21,320,721.38. Following the transaction, the chief executive officer now owns 1,514,639 shares in the company, valued at approximately $21,613,898.53. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, SVP Jeff T. Ricci sold 87,324 shares of the business’s stock in a transaction on Monday, November 6th. The shares were sold at an average price of $13.43, for a total transaction of $1,172,761.32. Following the transaction, the senior vice president now owns 24,846 shares in the company, valued at approximately $333,681.78. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 2,920,273 shares of company stock worth $41,288,784. Insiders own 0.87% of the company’s stock.

HPE has been the subject of several analyst reports. TheStreet upgraded shares of Hewlett Packard Enterprise from a “c” rating to a “b-” rating in a research report on Monday, October 16th. ValuEngine upgraded shares of Hewlett Packard Enterprise from a “hold” rating to a “buy” rating in a research report on Friday, September 1st. Oppenheimer Holdings, Inc. restated a “buy” rating and issued a $17.00 target price on shares of Hewlett Packard Enterprise in a research report on Friday, September 1st. UBS AG restated a “buy” rating and issued a $16.00 target price (down from $21.00) on shares of Hewlett Packard Enterprise in a research report on Wednesday, September 6th. They noted that the move was a valuation call. Finally, Jefferies Group LLC restated a “buy” rating and issued a $22.00 target price on shares of Hewlett Packard Enterprise in a research report on Saturday, July 22nd. Two analysts have rated the stock with a sell rating, twenty-two have given a hold rating, eleven have issued a buy rating and one has assigned a strong buy rating to the stock. The company has a consensus rating of “Hold” and an average target price of $17.49.

Hewlett Packard Enterprise Company (NYSE HPE) traded down $0.11 during trading hours on Thursday, hitting $13.16. 12,002,100 shares of the stock were exchanged, compared to its average volume of 12,079,976. The company has a debt-to-equity ratio of 0.50, a quick ratio of 1.15 and a current ratio of 1.27. Hewlett Packard Enterprise Company has a 12 month low of $12.97 and a 12 month high of $24.88. The company has a market cap of $21,690.00 and a price-to-earnings ratio of 8.19.

Hewlett Packard Enterprise (NYSE:HPE) last posted its quarterly earnings data on Tuesday, September 5th. The technology company reported $0.30 EPS for the quarter, beating the Zacks’ 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 period in the prior year, the firm posted $0.49 EPS. The company’s quarterly revenue was up 2.5% on a year-over-year basis. equities analysts expect that Hewlett Packard Enterprise Company will post 1.38 EPS for the current year.

Hewlett Packard Enterprise declared that its board has initiated a share buyback plan on Wednesday, October 18th that authorizes the company to buyback $5.00 billion in outstanding shares. This buyback authorization authorizes the technology company to buy shares of its stock through open market purchases. Stock buyback plans are often a sign that the company’s leadership believes its shares are undervalued.

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, January 3rd. Stockholders of record on Wednesday, December 13th will be paid a $0.075 dividend. This is a positive change from Hewlett Packard Enterprise’s previous quarterly dividend of $0.07. This represents a $0.30 dividend on an annualized basis and a dividend yield of 2.28%. The ex-dividend date is Tuesday, December 12th. Hewlett Packard Enterprise’s dividend payout ratio is currently 144.44%.

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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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