93,616 Shares in Hewlett Packard Enterprise (NYSE:HPE) Purchased by Oddo BHF Asset Management Sas

Oddo BHF Asset Management Sas acquired a new position in Hewlett Packard Enterprise (NYSE:HPE - Free Report) in the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm acquired 93,616 shares of the technology company's stock, valued at approximately $1,915,000.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Moloney Securities Asset Management LLC acquired a new stake in shares of Hewlett Packard Enterprise during the 3rd quarter worth approximately $861,000. CHICAGO TRUST Co NA boosted its stake in Hewlett Packard Enterprise by 67.8% in the third quarter. CHICAGO TRUST Co NA now owns 90,826 shares of the technology company's stock valued at $1,858,000 after acquiring an additional 36,704 shares during the last quarter. National Pension Service grew its holdings in Hewlett Packard Enterprise by 17.3% during the 3rd quarter. National Pension Service now owns 3,202,752 shares of the technology company's stock worth $65,528,000 after acquiring an additional 472,885 shares during the period. HighTower Advisors LLC raised its position in shares of Hewlett Packard Enterprise by 110.8% during the 3rd quarter. HighTower Advisors LLC now owns 299,743 shares of the technology company's stock valued at $6,102,000 after acquiring an additional 157,561 shares during the last quarter. Finally, Eagle Asset Management Inc. lifted its stake in shares of Hewlett Packard Enterprise by 3,537.0% in the 3rd quarter. Eagle Asset Management Inc. now owns 5,788,154 shares of the technology company's stock valued at $127,571,000 after purchasing an additional 5,629,006 shares during the period. 80.78% of the stock is owned by institutional investors.

Hewlett Packard Enterprise Stock Performance

Shares of HPE stock remained flat at $21.83 on Friday. The stock had a trading volume of 10,279,515 shares, compared to its average volume of 15,267,709. The company has a debt-to-equity ratio of 0.54, a current ratio of 1.29 and a quick ratio of 0.99. The stock has a market cap of $28.35 billion, a price-to-earnings ratio of 11.49, a P/E/G ratio of 2.64 and a beta of 1.21. Hewlett Packard Enterprise has a 52 week low of $14.47 and a 52 week high of $24.24. The business has a fifty day moving average of $21.08 and a 200-day moving average of $20.03.

Hewlett Packard Enterprise Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Thursday, January 16th. Shareholders of record on Friday, December 20th will be given a dividend of $0.13 per share. This represents a $0.52 dividend on an annualized basis and a yield of 2.38%. The ex-dividend date of this dividend is Friday, December 20th. Hewlett Packard Enterprise's dividend payout ratio (DPR) is currently 27.37%.

Insider Transactions at Hewlett Packard Enterprise

In other Hewlett Packard Enterprise news, SVP Jeremy Cox sold 7,770 shares of the business's stock in a transaction that occurred on 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 $163,191. The trade was a 50.00 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, CEO Antonio F. Neri sold 83,334 shares of the stock in a transaction that occurred on Wednesday, September 25th. The shares were sold at an average price of $19.72, for a total value of $1,643,346.48. Following the completion of the sale, the chief executive officer now directly owns 1,758,641 shares of the company's stock, valued at approximately $34,680,400.52. The trade was a 4.52 % decrease in their position. The disclosure for this sale can be found here. Insiders sold 717,601 shares of company stock valued at $15,140,976 in the last ninety days. 0.40% of the stock is currently owned by corporate insiders.

Analyst Ratings Changes

A number of research firms recently commented on HPE. Deutsche Bank Aktiengesellschaft assumed coverage on Hewlett Packard Enterprise in a report on Wednesday, October 9th. They issued a "hold" rating and a $22.00 price objective for the company. Susquehanna reaffirmed a "neutral" rating and issued a $20.00 price target on shares of Hewlett Packard Enterprise in a research note on Friday, October 11th. StockNews.com raised shares of Hewlett Packard Enterprise from a "buy" rating to a "strong-buy" rating in a research note on Monday, December 9th. Morgan Stanley raised shares of Hewlett Packard Enterprise from an "equal weight" rating to an "overweight" rating and upped their target price for the company from $23.00 to $28.00 in a research note on Thursday, December 5th. Finally, Raymond James raised shares of Hewlett Packard Enterprise from an "outperform" rating to a "strong-buy" rating and lifted their price target for the stock from $23.00 to $29.00 in a research report on Monday, November 18th. Seven analysts have rated the stock with a hold rating, six have assigned a buy rating and two have given a strong buy rating to the company's stock. According to data from MarketBeat.com, the stock currently has an average rating of "Moderate Buy" and a consensus target price of $23.79.

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.