Daiwa SB Investments Ltd. bought a new stake in Hewlett Packard Enterprise Co (NYSE:HPE) during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm bought 10,860 shares of the technology company’s stock, valued at approximately $156,000.

A number of other institutional investors and hedge funds have also added to or reduced their stakes in the business. Dodge & Cox grew its holdings 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 worth $3,958,630,000 after purchasing an additional 25,852,541 shares in the last quarter. Vanguard Group Inc. grew its holdings in shares of Hewlett Packard Enterprise by 1.4% during the 2nd quarter. Vanguard Group Inc. now owns 110,856,810 shares of the technology company’s stock worth $1,839,114,000 after purchasing an additional 1,508,612 shares in the last quarter. Hotchkis & Wiley Capital Management LLC grew its holdings in shares of Hewlett Packard Enterprise by 19.5% during the 3rd quarter. Hotchkis & Wiley Capital Management LLC now owns 80,484,863 shares of the technology company’s stock worth $1,183,932,000 after purchasing an additional 13,150,243 shares in the last quarter. Pzena Investment Management LLC grew its holdings in shares of Hewlett Packard Enterprise by 69.7% during the 3rd quarter. Pzena Investment Management LLC now owns 37,560,840 shares of the technology company’s stock worth $552,520,000 after purchasing an additional 15,431,606 shares in the last quarter. Finally, Dimensional Fund Advisors LP grew its holdings in shares of Hewlett Packard Enterprise by 4.2% during the 2nd quarter. Dimensional Fund Advisors LP now owns 19,353,258 shares of the technology company’s stock worth $321,088,000 after purchasing an additional 779,447 shares in the last quarter. 83.43% of the stock is currently owned by hedge funds and other institutional investors.

Hewlett Packard Enterprise Co (NYSE:HPE) opened at $15.81 on Friday. The company has a current ratio of 1.13, a quick ratio of 1.01 and a debt-to-equity ratio of 0.43. The company has a market capitalization of $25,200.00 and a P/E ratio of 63.24. Hewlett Packard Enterprise Co has a 52-week low of $12.81 and a 52-week high of $19.16.

Hewlett Packard Enterprise (NYSE:HPE) last posted its earnings results on Tuesday, November 21st. The technology company reported $0.31 EPS for the quarter, topping the Thomson Reuters’ consensus estimate of $0.28 by $0.03. The business had revenue of $7.66 billion during the quarter, compared to the consensus estimate of $7.78 billion. Hewlett Packard Enterprise had a return on equity of 7.70% and a net margin of 0.93%. Hewlett Packard Enterprise’s revenue was up 4.6% on a year-over-year basis. During the same quarter last year, the company earned $0.61 EPS. analysts forecast that Hewlett Packard Enterprise Co will post 1.19 earnings per share for the current fiscal year.

Hewlett Packard Enterprise declared that its Board of Directors has initiated a stock buyback plan on Wednesday, October 18th that allows the company to repurchase $5.00 billion in shares. This repurchase authorization allows the technology company to buy shares of its stock through open market purchases. Stock repurchase plans are generally an indication that the company’s board believes its stock is undervalued.

The business also recently announced a quarterly dividend, which was paid on Wednesday, January 3rd. Investors of record on Wednesday, December 13th were given a dividend of $0.075 per share. This represents a $0.30 annualized dividend and a dividend yield of 1.90%. The ex-dividend date was Tuesday, December 12th. This is an increase from Hewlett Packard Enterprise’s previous quarterly dividend of $0.07. Hewlett Packard Enterprise’s dividend payout ratio (DPR) is 120.00%.

In other Hewlett Packard Enterprise news, CEO Margaret C. Whitman sold 235,050 shares of Hewlett Packard Enterprise stock in a transaction on Wednesday, November 1st. The stock was sold at an average price of $13.81, for a total value of $3,246,040.50. Following the completion of the transaction, the chief executive officer now owns 980,346 shares in the company, valued at approximately $13,538,578.26. The sale was disclosed in a filing with the SEC, which is available at the SEC website. Also, CFO Timothy C. Stonesifer sold 56,170 shares of Hewlett Packard Enterprise stock in a transaction on Wednesday, November 1st. The shares were sold at an average price of $13.79, for a total value of $774,584.30. Following the completion of the transaction, the chief financial officer now owns 177,634 shares of the company’s stock, valued at approximately $2,449,572.86. The disclosure for this sale can be found here. In the last quarter, insiders sold 743,330 shares of company stock valued at $10,504,296. Corporate insiders own 0.87% of the company’s stock.

Several analysts have recently weighed in on HPE shares. Royal Bank of Canada reissued a “hold” rating and set a $15.00 price objective on shares of Hewlett Packard Enterprise in a report on Wednesday, October 11th. KeyCorp reissued a “hold” rating on shares of Hewlett Packard Enterprise in a report on Friday, October 20th. UBS Group lowered Hewlett Packard Enterprise from a “buy” rating to a “neutral” rating and decreased their price objective for the stock from $16.00 to $15.00 in a report on Friday, October 20th. Robert W. Baird reissued a “hold” rating and set a $16.00 price objective on shares of Hewlett Packard Enterprise in a report on Thursday, October 19th. Finally, Zacks Investment Research raised Hewlett Packard Enterprise from a “strong sell” rating to a “hold” rating in a report on Tuesday, October 31st. Three investment analysts have rated the stock with a sell rating, twenty have given a hold rating and eleven have assigned a buy rating to the company’s stock. The stock presently has a consensus rating of “Hold” and an average price target of $16.04.

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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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