12 August, 2017
Its stake was worth $1,117,081,000 a decrease of 7.1% as of the end of the quarter. Finally, Sanford C. Bernstein restated an "outperform" rating on shares of Hewlett Packard Enterprise in a research report on Saturday, June 3rd. Poplar Forest Capital LLC added to its holdings by buying 444,768 shares an increase of 19.1%. First National Bank & Trust Co. of Newtown increased its position in Hewlett Packard Enterprise by 0.3% in the first quarter. Laurion Capital Management Lp now controls 605,256 shares worth $10,041,000. YorkBridge Wealth Partners LLC raised its position in Hewlett Packard Enterprise by 12.1% in the first quarter. The rating was initiated by Sterne Agee CRT on Thursday, November 5 with "Neutral". Capstone Asset Management Co. now owns 146,183 shares of the technology company's stock worth $3,465,000 after buying an additional 2,384 shares during the last quarter.
Proshare Advisors LLC added to its stake by buying 15,160 shares an increase of 8.7% as of 06/30/2017. The stock now has Weekly Volatility of 1.28% and Monthly Volatility of 1.58%.
Shares of Hewlett Packard Enterprise (HPE) traded up 1.05% during trading on Friday, reaching $17.30. The company's 50-day moving average price is $17.04 and its 200-day moving average price is $17.61. (NASDAQ:OPK) established that the company was able to keep return on investment at -2.65 in the trailing twelve month while Reuters data showed that industry's average stands at 16.14 and sector's optimum level is 15.58.
The company's P/E ratio is 13.03 and the market cap is 28.22B. The technology company reported $0.35 earnings per share (EPS) for the quarter, meeting analysts' consensus estimates of $0.35.
Hewlett Packard Enterprise Company (NYSE:HPE) shares ended at $17.12 with 8.87 mln shares exchanging hands. The company had revenue of $9.90 billion for the quarter, compared to analyst estimates of $9.75 billion. During the same quarter in the prior year, the firm earned $0.42 EPS.
Hewlett Packard Enterprise Company (NYSE:HPE) ended its day at $17.64 with the rising stream of 0.06% and its total traded volume was 6.97 million shares less than the average volume.
The firm also recently declared a quarterly dividend, which will be paid on Wednesday, October 4th. Stockholders of record on Wednesday, September 13th will be given a dividend of $0.065 per share. The ex-dividend date of this dividend is Tuesday, September 12th. This dividend represents a yeild of $1.47 which is the dividend as a percentage of the current share price. Hewlett Packard Enterprise's dividend payout ratio (DPR) is presently 20.16%.
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HPE has been the subject of a number of analyst reports. Sell-side analyst recommendations point to a short term price target of $17.17 on the company shares. It has been assigned a low target price of $16 and a high target price of $22.
Several analysts have released their opinion on Hewlett Packard Enterprise Company (NYSE:HPE), with 4 analysts believing it is a strong buy. Robert W. Baird reissued a "hold" rating on shares of Hewlett Packard Enterprise in a research report on Thursday, June 1st. The stock has "Hold" rating by Maxim Group on Monday, November 23. The consensus rating is 2.8, suggesting the market has given up on the stock.
In related news, EVP Christopher P. Hsu sold 11,515 shares of the firm's stock in a transaction dated Wednesday, May 31st. Following the completion of the transaction, the chief executive officer now directly owns 865,021 shares in the company, valued at approximately $14,454,500.91. The sale was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. Also, CEO Margaret C. Whitman sold 389,668 shares of the company's stock in a transaction dated Wednesday, July 26th. The stock was sold at an average price of $18.80, for a total transaction of $216,482.00. The disclosure for this sale can be found here. The company's revenue for the quarter was down 22.1% compared to the same quarter previous year.
Multiple company employees have indulged in significant insider trading. The Company's segments include: Enterprise Group, Software, Financial Services and Corporate Investments. The Enterprise Group segment provides its clients with the technology infrastructure they need to optimize traditional information technology.