Mizuho Markets Americas LLC Acquires Shares of 5,141,028 Hewlett Packard Enterprise (NYSE:HPE)

Mizuho Markets Americas LLC purchased a new stake in shares of Hewlett Packard Enterprise (NYSE:HPE - Free Report) during the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm purchased 5,141,028 shares of the technology company's stock, valued at approximately $105,185,000. Hewlett Packard Enterprise accounts for 2.2% of Mizuho Markets Americas LLC's holdings, making the stock its 12th biggest position. Mizuho Markets Americas LLC owned approximately 0.40% of Hewlett Packard Enterprise at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Valley Wealth Managers Inc. purchased a new position in shares of Hewlett Packard Enterprise in the 3rd quarter valued at about $26,000. Hazlett Burt & Watson Inc. increased its position in shares of Hewlett Packard Enterprise by 571.5% in the second quarter. Hazlett Burt & Watson Inc. now owns 1,343 shares of the technology company's stock valued at $28,000 after buying an additional 1,143 shares in the last quarter. Ashton Thomas Private Wealth LLC purchased a new position in shares of Hewlett Packard Enterprise during the 2nd quarter valued at approximately $28,000. Financial Management Professionals Inc. grew its stake in Hewlett Packard Enterprise by 80.3% in the 3rd quarter. Financial Management Professionals Inc. now owns 1,430 shares of the technology company's stock valued at $29,000 after acquiring an additional 637 shares during the period. Finally, ORG Partners LLC increased its holdings in Hewlett Packard Enterprise by 224.5% in the 2nd quarter. ORG Partners LLC now owns 1,853 shares of the technology company's stock worth $39,000 after acquiring an additional 1,282 shares in the last quarter. Hedge funds and other institutional investors own 80.78% of the company's stock.

Analysts Set New Price Targets

HPE has been the topic of several research analyst reports. Citigroup assumed coverage on shares of Hewlett Packard Enterprise in a research report on Monday, September 23rd. They issued a "neutral" rating and a $20.00 target price on the stock. UBS Group increased their target price on Hewlett Packard Enterprise from $17.00 to $19.00 and gave the company a "neutral" rating in a report on Thursday, September 5th. Barclays raised Hewlett Packard Enterprise from an "equal weight" rating to an "overweight" rating and lifted their price target for the stock from $20.00 to $24.00 in a research note on Wednesday, September 25th. Susquehanna reissued a "neutral" rating and issued a $20.00 price objective on shares of Hewlett Packard Enterprise in a research note on Friday, October 11th. Finally, Bank of America raised shares of Hewlett Packard Enterprise from a "neutral" rating to a "buy" rating and lifted their target price for the stock from $21.00 to $24.00 in a research note on Tuesday, September 17th. Nine investment analysts have rated the stock with a hold rating and five have issued a buy rating to the company's stock. According to MarketBeat.com, the stock has a consensus rating of "Hold" and a consensus price target of $21.46.

Insider Transactions at Hewlett Packard Enterprise

In other Hewlett Packard Enterprise news, SVP Jeremy Cox sold 7,770 shares of the firm's stock in a transaction dated Tuesday, October 8th. The stock was sold at an average price of $21.00, for a total transaction of $163,170.00. Following the transaction, the senior vice president now owns 7,771 shares of the company's stock, valued at approximately $163,191. This trade represents a 50.00 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, EVP Neil B. Macdonald sold 29,000 shares of the company's stock in a transaction dated Friday, September 13th. The shares were sold at an average price of $17.00, for a total value of $493,000.00. Following the completion of the sale, the executive vice president now directly owns 82,061 shares of the company's stock, valued at approximately $1,395,037. This trade represents a 26.11 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 426,012 shares of company stock valued at $8,599,617. Corporate insiders own 0.40% of the company's stock.

Hewlett Packard Enterprise Stock Down 1.3 %

Shares of Hewlett Packard Enterprise stock traded down $0.27 during trading hours on Friday, reaching $21.07. 10,918,003 shares of the company were exchanged, compared to its average volume of 15,284,262. The firm has a market cap of $27.36 billion, a PE ratio of 15.05, a PEG ratio of 3.39 and a beta of 1.19. The stock's fifty day moving average is $19.87 and its 200 day moving average is $19.43. Hewlett Packard Enterprise has a 1 year low of $14.47 and a 1 year high of $22.82. The company has a debt-to-equity ratio of 0.36, a quick ratio of 0.62 and a current ratio of 0.94.

Hewlett Packard Enterprise (NYSE:HPE - Get Free Report) last posted its quarterly earnings results on Wednesday, September 4th. The technology company reported $0.50 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.47 by $0.03. Hewlett Packard Enterprise had a return on equity of 8.94% and a net margin of 6.39%. The company had revenue of $7.71 billion for the quarter, compared to analyst estimates of $7.67 billion. During the same quarter last year, the company earned $0.35 EPS. Hewlett Packard Enterprise's revenue for the quarter was up 10.1% compared to the same quarter last year. As a group, equities research analysts forecast that Hewlett Packard Enterprise will post 1.66 earnings per share for the current year.

Hewlett Packard Enterprise Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Friday, October 18th. Stockholders of record on Thursday, September 19th were given a dividend of $0.13 per share. The ex-dividend date of this dividend was Thursday, September 19th. This represents a $0.52 annualized dividend and a dividend yield of 2.47%. Hewlett Packard Enterprise's dividend payout ratio is currently 37.14%.

Hewlett Packard Enterprise Company Profile

Hewlett Packard Enterprise Company provides solutions that allow customers to capture, analyze, and act upon data seamlessly in the Americas, Europe, the Middle East, Africa, the Asia Pacific, and Japan. It operates in six segments: Compute, HPC & AI, Storage, Intelligent Edge, Financial Services, and Corporate Investments and Other.