Hewlett Packard Enterprise (NYSE:HPE) Holdings Raised by Assetmark Inc.

Assetmark Inc. raised its position in shares of Hewlett Packard Enterprise (NYSE:HPE - Free Report) by 212.6% during the third quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 67,602 shares of the technology company's stock after acquiring an additional 45,976 shares during the period. Assetmark Inc.'s holdings in Hewlett Packard Enterprise were worth $1,383,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors have also added to or reduced their stakes in the company. Vanguard Group Inc. grew its holdings in Hewlett Packard Enterprise by 3.7% during the 1st quarter. Vanguard Group Inc. now owns 161,853,093 shares of the technology company's stock worth $2,869,655,000 after acquiring an additional 5,777,901 shares in the last quarter. Pacer Advisors Inc. lifted its holdings in shares of Hewlett Packard Enterprise by 14,953.2% during the 2nd quarter. Pacer Advisors Inc. now owns 23,189,645 shares of the technology company's stock valued at $490,925,000 after purchasing an additional 23,035,594 shares during the last quarter. Dimensional Fund Advisors LP raised its stake in Hewlett Packard Enterprise by 4.6% in the second quarter. Dimensional Fund Advisors LP now owns 18,871,236 shares of the technology company's stock valued at $399,507,000 after buying an additional 822,722 shares during the last quarter. Legal & General Group Plc grew its position in Hewlett Packard Enterprise by 3.8% during the 2nd quarter. Legal & General Group Plc now owns 16,939,160 shares of the technology company's stock worth $358,602,000 after purchasing an additional 617,691 shares during the last quarter. Finally, Bank of New York Mellon Corp lifted its position in Hewlett Packard Enterprise by 2.6% during the 2nd quarter. Bank of New York Mellon Corp now owns 9,483,975 shares of the technology company's stock worth $200,776,000 after acquiring an additional 237,321 shares during the period. Institutional investors own 80.78% of the company's stock.

Analysts Set New Price Targets

Several research firms have recently commented on HPE. Barclays raised shares of Hewlett Packard Enterprise from an "equal weight" rating to an "overweight" rating and upped their price objective for the company from $20.00 to $24.00 in a report on Wednesday, September 25th. Citigroup initiated coverage on Hewlett Packard Enterprise in a report on Monday, September 23rd. They issued a "neutral" rating and a $20.00 price objective for the company. Susquehanna restated a "neutral" rating and set a $20.00 price target on shares of Hewlett Packard Enterprise in a research report on Friday, October 11th. Loop Capital upped their price objective on shares of Hewlett Packard Enterprise from $16.00 to $18.00 and gave the stock a "hold" rating in a research report on Monday, September 9th. Finally, UBS Group raised their target price on Hewlett Packard Enterprise from $17.00 to $19.00 and gave the company a "neutral" rating in a research report on Thursday, September 5th. Nine analysts have rated the stock with a hold rating and five have given a buy rating to the company. According to data from MarketBeat, the company currently has an average rating of "Hold" and a consensus target price of $21.46.

Insider Buying and Selling at Hewlett Packard Enterprise

In other news, EVP Neil B. Macdonald sold 29,000 shares of Hewlett Packard Enterprise stock in a transaction dated Friday, September 13th. The stock was sold at an average price of $17.00, for a total transaction of $493,000.00. Following the sale, the executive vice president now directly owns 82,061 shares of the company's stock, valued at approximately $1,395,037. The trade was a 26.11 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, SVP Jeremy Cox sold 7,770 shares of the company's stock in a transaction that occurred on Tuesday, October 8th. The shares were sold at an average price of $21.00, for a total value of $163,170.00. Following the sale, the senior vice president now directly owns 7,771 shares in the company, valued at approximately $163,191. This represents a 50.00 % 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. 0.40% of the stock is owned by corporate insiders.

Hewlett Packard Enterprise Trading Down 1.2 %

Shares of HPE traded down $0.26 during mid-day trading on Friday, reaching $21.08. The stock had a trading volume of 3,013,546 shares, compared to its average volume of 15,248,670. The company has a debt-to-equity ratio of 0.36, a current ratio of 0.94 and a quick ratio of 0.62. The business's fifty day moving average is $19.80 and its 200 day moving average is $19.40. Hewlett Packard Enterprise has a 52-week low of $14.47 and a 52-week high of $22.82. The firm has a market cap of $27.38 billion, a price-to-earnings ratio of 15.29, a P/E/G ratio of 3.39 and a beta of 1.19.

Hewlett Packard Enterprise (NYSE:HPE - Get Free Report) last released its 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 firm had revenue of $7.71 billion during the quarter, compared to analyst estimates of $7.67 billion. During the same period last year, the business posted $0.35 earnings per share. Hewlett Packard Enterprise's revenue was up 10.1% compared to the same quarter last year. On average, sell-side analysts predict that Hewlett Packard Enterprise will post 1.66 EPS for the current fiscal year.

Hewlett Packard Enterprise Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, October 18th. Investors of record on Thursday, September 19th were given a $0.13 dividend. The ex-dividend date of this dividend was Thursday, September 19th. This represents a $0.52 dividend on an annualized basis and a yield of 2.47%. Hewlett Packard Enterprise's dividend payout ratio (DPR) is 37.14%.

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.