Hewlett Packard Enterprise (NYSE:HPE) Shares Sold by Achmea Investment Management B.V.

Achmea Investment Management B.V. decreased its position in shares of Hewlett Packard Enterprise (NYSE:HPE - Free Report) by 14.4% during the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 404,563 shares of the technology company's stock after selling 67,957 shares during the period. Achmea Investment Management B.V.'s holdings in Hewlett Packard Enterprise were worth $8,637,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds have also bought and sold shares of the company. Mather Group LLC. increased its position in Hewlett Packard Enterprise by 6.2% during the fourth quarter. Mather Group LLC. now owns 7,557 shares of the technology company's stock valued at $161,000 after acquiring an additional 440 shares during the last quarter. Lakewood Asset Management LLC increased its position in Hewlett Packard Enterprise by 0.4% during the fourth quarter. Lakewood Asset Management LLC now owns 104,990 shares of the technology company's stock valued at $2,242,000 after acquiring an additional 457 shares during the last quarter. Essex Financial Services Inc. increased its position in Hewlett Packard Enterprise by 3.6% during the fourth quarter. Essex Financial Services Inc. now owns 13,396 shares of the technology company's stock valued at $286,000 after acquiring an additional 461 shares during the last quarter. Westside Investment Management Inc. grew its holdings in shares of Hewlett Packard Enterprise by 0.8% in the fourth quarter. Westside Investment Management Inc. now owns 62,523 shares of the technology company's stock worth $1,335,000 after purchasing an additional 475 shares during the last quarter. Finally, Waterfront Wealth Inc. lifted its stake in Hewlett Packard Enterprise by 0.4% in the fourth quarter. Waterfront Wealth Inc. now owns 129,698 shares of the technology company's stock worth $2,769,000 after acquiring an additional 524 shares during the period. Institutional investors own 80.78% of the company's stock.

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Insider Activity at Hewlett Packard Enterprise

In related news, SVP Jeremy Cox sold 11,577 shares of the stock in a transaction that occurred on Monday, January 6th. The shares were sold at an average price of $23.00, for a total value of $266,271.00. Following the transaction, the senior vice president now owns 48,615 shares in the company, valued at approximately $1,118,145. This represents a 19.23 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. 0.36% of the stock is currently owned by insiders.

Hewlett Packard Enterprise Stock Performance

Shares of Hewlett Packard Enterprise stock traded up $0.11 during midday trading on Tuesday, hitting $15.95. The company had a trading volume of 24,397,440 shares, compared to its average volume of 14,943,977. The stock has a market cap of $20.95 billion, a price-to-earnings ratio of 8.39, a PEG ratio of 2.03 and a beta of 1.20. The company has a quick ratio of 0.99, a current ratio of 1.29 and a debt-to-equity ratio of 0.54. The company has a fifty day simple moving average of $20.70 and a 200 day simple moving average of $20.58. Hewlett Packard Enterprise has a 12-month low of $14.64 and a 12-month high of $24.66.

Hewlett Packard Enterprise Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Friday, April 18th. Investors of record on Friday, March 21st will be given a $0.13 dividend. This represents a $0.52 annualized dividend and a dividend yield of 3.26%. The ex-dividend date of this dividend is Friday, March 21st. Hewlett Packard Enterprise's payout ratio is currently 25.37%.

Analysts Set New Price Targets

HPE has been the subject of a number of research reports. Raymond James raised shares of Hewlett Packard Enterprise from an "outperform" rating to a "strong-buy" rating and upped their price objective for the stock from $23.00 to $29.00 in a research note on Monday, November 18th. Deutsche Bank Aktiengesellschaft raised shares of Hewlett Packard Enterprise from a "hold" rating to a "buy" rating and set a $25.00 price objective for the company in a research note on Thursday, December 19th. Bank of America lowered their price objective on shares of Hewlett Packard Enterprise from $26.00 to $20.00 and set a "buy" rating for the company in a research note on Friday, March 7th. Susquehanna decreased their price target on shares of Hewlett Packard Enterprise from $20.00 to $15.00 and set a "neutral" rating for the company in a research report on Friday, March 7th. Finally, Wells Fargo & Company decreased their price target on shares of Hewlett Packard Enterprise from $22.00 to $17.00 and set an "equal weight" rating for the company in a research report on Friday, March 7th. Nine research analysts have rated the stock with a hold rating, seven have issued a buy rating and one has issued a strong buy rating to the company's stock. Based on data from MarketBeat, Hewlett Packard Enterprise currently has an average rating of "Moderate Buy" and a consensus price target of $21.27.

About Hewlett Packard Enterprise

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.