Hewlett Packard Enterprise Co (NYSE:HPE) EVP Alan Richard May sold 50,158 shares of Hewlett Packard Enterprise stock in a transaction on Friday, January 12th. The stock was sold at an average price of $15.50, for a total transaction of $777,449.00. The transaction was disclosed in a legal filing with the SEC, which can be accessed through the SEC website.

Alan Richard May also recently made the following trade(s):

  • On Thursday, January 4th, Alan Richard May sold 49,921 shares of Hewlett Packard Enterprise stock. The stock was sold at an average price of $15.00, for a total transaction of $748,815.00.
  • On Tuesday, December 12th, Alan Richard May sold 7,607 shares of Hewlett Packard Enterprise stock. The stock was sold at an average price of $14.42, for a total transaction of $109,692.94.
  • On Friday, December 1st, Alan Richard May sold 42,314 shares of Hewlett Packard Enterprise stock. The stock was sold at an average price of $14.00, for a total transaction of $592,396.00.

Shares of Hewlett Packard Enterprise Co (NYSE HPE) opened at $16.07 on Thursday. Hewlett Packard Enterprise Co has a 52 week low of $12.81 and a 52 week high of $24.88. The stock has a market capitalization of $25,610.00 and a PE ratio of 64.28. The company has a quick ratio of 1.01, a current ratio of 1.13 and a debt-to-equity ratio of 0.43.

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

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

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, April 4th. Investors of record on Wednesday, March 14th will be paid a $0.075 dividend. This represents a $0.30 dividend on an annualized basis and a yield of 1.87%. Hewlett Packard Enterprise’s dividend payout ratio is currently 120.00%.

A number of institutional investors have recently made changes to their positions in the stock. Dodge & Cox increased its position in shares of Hewlett Packard Enterprise by 12.2% during the second quarter. Dodge & Cox now owns 238,615,401 shares of the technology company’s stock valued at $3,958,630,000 after buying an additional 25,852,541 shares during the period. Vanguard Group Inc. increased its position in shares of Hewlett Packard Enterprise by 1.4% during the second quarter. Vanguard Group Inc. now owns 110,856,810 shares of the technology company’s stock valued at $1,839,114,000 after buying an additional 1,508,612 shares during the period. Hotchkis & Wiley Capital Management LLC increased its position in shares of Hewlett Packard Enterprise by 19.5% during the third quarter. Hotchkis & Wiley Capital Management LLC now owns 80,484,863 shares of the technology company’s stock valued at $1,183,932,000 after buying an additional 13,150,243 shares during the period. Pzena Investment Management LLC increased its position in shares of Hewlett Packard Enterprise by 69.7% during the third quarter. Pzena Investment Management LLC now owns 37,560,840 shares of the technology company’s stock valued at $552,520,000 after buying an additional 15,431,606 shares during the period. Finally, Dimensional Fund Advisors LP increased its position in shares of Hewlett Packard Enterprise by 4.2% during the second quarter. Dimensional Fund Advisors LP now owns 19,353,258 shares of the technology company’s stock valued at $321,088,000 after buying an additional 779,447 shares during the period. Institutional investors and hedge funds own 83.42% of the company’s stock.

A number of equities analysts recently weighed in on the stock. Sanford C. Bernstein reissued a “buy” rating and issued a $18.00 price target on shares of Hewlett Packard Enterprise in a report on Wednesday, November 22nd. Zacks Investment Research downgraded shares of Hewlett Packard Enterprise from a “hold” rating to a “sell” rating in a report on Wednesday, January 10th. TheStreet raised shares of Hewlett Packard Enterprise from a “c” rating to a “b-” rating in a report on Monday, October 16th. Robert W. Baird reissued a “hold” rating and issued a $15.00 price target on shares of Hewlett Packard Enterprise in a report on Wednesday, November 22nd. Finally, Oppenheimer reissued a “buy” rating and issued a $17.00 price target on shares of Hewlett Packard Enterprise in a report on Wednesday, November 22nd. Three analysts have rated the stock with a sell rating, twenty have given a hold rating and eleven have given a buy rating to the company’s stock. The company 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).

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

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