Hewlett Packard Enterprise Company (NYSE:HPE) SVP Kirt P. Karros sold 9,135 shares of Hewlett Packard Enterprise stock in a transaction on Tuesday, December 12th. The shares were sold at an average price of $14.33, for a total transaction of $130,904.55. Following the transaction, the senior vice president now owns 4,173 shares in the company, valued at approximately $59,799.09. The transaction was disclosed in a legal filing with the SEC, which is available at this link.

Shares of Hewlett Packard Enterprise Company (HPE) traded up $0.17 during mid-day trading on Friday, reaching $14.41. 19,919,007 shares of the company’s stock were exchanged, compared to its average volume of 12,488,531. Hewlett Packard Enterprise Company has a 52-week low of $12.81 and a 52-week high of $24.88. The company has a debt-to-equity ratio of 0.43, a current ratio of 1.13 and a quick ratio of 1.01. The firm has a market cap of $22,712.80, a price-to-earnings ratio of 10.95, a P/E/G ratio of 2.40 and a beta of 2.48.

Hewlett Packard Enterprise (NYSE:HPE) last issued its quarterly earnings data on Tuesday, November 21st. The technology company reported $0.31 EPS for the quarter, topping analysts’ consensus estimates of $0.28 by $0.03. Hewlett Packard Enterprise had a net margin of 0.93% and a return on equity of 7.70%. The firm had revenue of $7.66 billion for the quarter, compared to analyst estimates of $7.78 billion. During the same quarter in the previous year, the business posted $0.61 EPS. The firm’s revenue was up 4.6% compared to the same quarter last year. research analysts predict that Hewlett Packard Enterprise Company will post 1.19 EPS for the current fiscal year.

The business also recently announced a quarterly dividend, which will be paid on Wednesday, January 3rd. Stockholders of record on Wednesday, December 13th will be given a $0.075 dividend. The ex-dividend date of this dividend is Tuesday, December 12th. This represents a $0.30 annualized dividend and a dividend yield of 2.08%. This is an increase from Hewlett Packard Enterprise’s previous quarterly dividend of $0.07. Hewlett Packard Enterprise’s payout ratio is presently 142.86%.

Hewlett Packard Enterprise announced that its board has authorized a stock buyback program on Wednesday, October 18th that authorizes the company to repurchase $5.00 billion in shares. This repurchase authorization authorizes the technology company to reacquire shares of its stock through open market purchases. Shares repurchase programs are often a sign that the company’s board believes its shares are undervalued.

Several equities analysts recently weighed in on HPE shares. Zacks Investment Research upgraded shares of Hewlett Packard Enterprise from a “strong sell” rating to a “hold” rating in a report on Tuesday, October 31st. Deutsche Bank reduced their target price on shares of Hewlett Packard Enterprise from $20.00 to $16.00 and set a “buy” rating on the stock in a report on Wednesday, September 6th. Royal Bank of Canada restated a “sector perform” rating and set a $15.00 target price (down previously from $20.00) on shares of Hewlett Packard Enterprise in a report on Friday, September 1st. ValuEngine upgraded shares of Hewlett Packard Enterprise from a “hold” rating to a “buy” rating in a report on Friday, September 1st. Finally, UBS lowered shares of Hewlett Packard Enterprise from a “buy” rating to a “neutral” rating and reduced their target price for the company from $16.00 to $15.00 in a report on Friday, October 20th. Two investment analysts have rated the stock with a sell rating, twenty-two have issued a hold rating and eleven have assigned a buy rating to the company’s stock. The company presently has an average rating of “Hold” and a consensus price target of $16.04.

Several institutional investors and hedge funds have recently added to or reduced their stakes in HPE. Acadian Asset Management LLC increased its position in shares of Hewlett Packard Enterprise by 132.1% in the 2nd quarter. Acadian Asset Management LLC now owns 9,735 shares of the technology company’s stock worth $162,000 after purchasing an additional 5,541 shares during the last quarter. HL Financial Services LLC increased its position in shares of Hewlett Packard Enterprise by 50.8% in the 2nd quarter. HL Financial Services LLC now owns 19,288 shares of the technology company’s stock worth $320,000 after purchasing an additional 6,500 shares during the last quarter. Global X Management Co. LLC increased its position in shares of Hewlett Packard Enterprise by 24.8% in the 2nd quarter. Global X Management Co. LLC now owns 12,765 shares of the technology company’s stock worth $212,000 after purchasing an additional 2,538 shares during the last quarter. Trexquant Investment LP bought a new stake in shares of Hewlett Packard Enterprise in the 2nd quarter worth about $239,000. Finally, Schwab Charles Investment Management Inc. increased its position in shares of Hewlett Packard Enterprise by 7.9% in the 2nd quarter. Schwab Charles Investment Management Inc. now owns 5,928,345 shares of the technology company’s stock worth $98,352,000 after purchasing an additional 435,205 shares during the last quarter. 83.46% of the stock is owned by institutional investors.

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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).

Insider Buying and Selling by Quarter for Hewlett Packard Enterprise (NYSE:HPE)

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