BNP PARIBAS ASSET MANAGEMENT Holding S.A. Boosts Holdings in Hewlett Packard Enterprise (NYSE:HPE)

BNP PARIBAS ASSET MANAGEMENT Holding S.A. increased its position in shares of Hewlett Packard Enterprise (NYSE:HPE - Free Report) by 114.0% in the third quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 1,279,446 shares of the technology company's stock after buying an additional 681,659 shares during the quarter. BNP PARIBAS ASSET MANAGEMENT Holding S.A. owned 0.10% of Hewlett Packard Enterprise worth $26,177,000 as of its most recent SEC filing.

A number of other hedge funds have also recently bought and sold shares of HPE. Valley Wealth Managers Inc. acquired a new stake in Hewlett Packard Enterprise during the 3rd quarter worth approximately $26,000. Hazlett Burt & Watson Inc. grew its position in Hewlett Packard Enterprise by 571.5% during the 2nd quarter. Hazlett Burt & Watson Inc. now owns 1,343 shares of the technology company's stock worth $28,000 after acquiring an additional 1,143 shares during the last quarter. Ashton Thomas Private Wealth LLC acquired a new position in Hewlett Packard Enterprise during the 2nd quarter worth about $28,000. Financial Management Professionals Inc. lifted its holdings in Hewlett Packard Enterprise by 80.3% during the 3rd quarter. Financial Management Professionals Inc. now owns 1,430 shares of the technology company's stock worth $29,000 after buying an additional 637 shares during the period. Finally, ORG Partners LLC lifted its holdings in Hewlett Packard Enterprise by 224.5% during the 2nd quarter. ORG Partners LLC now owns 1,853 shares of the technology company's stock worth $39,000 after buying an additional 1,282 shares during the period. 80.78% of the stock is currently owned by institutional investors.

Insider Buying and Selling at Hewlett Packard Enterprise

In other news, CEO Antonio F. Neri sold 83,334 shares of the company's stock in a transaction 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 transaction, the chief executive officer now owns 1,758,641 shares in the company, valued at approximately $34,680,400.52. This represents a 4.52 % decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through this link. Also, SVP Jeremy Cox sold 7,770 shares of the company's stock in a transaction on Tuesday, October 8th. The shares were sold at an average price of $21.00, for a total transaction of $163,170.00. Following the completion of the transaction, the senior vice president now owns 7,771 shares of the company's stock, valued at approximately $163,191. The trade was a 50.00 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold 426,012 shares of company stock worth $8,599,617 in the last ninety days. 0.40% of the stock is owned by insiders.

Wall Street Analyst Weigh In

A number of research analysts have recently issued reports on the company. Barclays raised Hewlett Packard Enterprise from an "equal weight" rating to an "overweight" rating and boosted their price objective for the company from $20.00 to $24.00 in a research note on Wednesday, September 25th. UBS Group boosted their price objective on Hewlett Packard Enterprise from $17.00 to $19.00 and gave the stock a "neutral" rating in a report on Thursday, September 5th. Citigroup upped their target price on Hewlett Packard Enterprise from $20.00 to $23.00 and gave the company a "neutral" rating in a report on Tuesday. Raymond James raised Hewlett Packard Enterprise from an "outperform" rating to a "strong-buy" rating and upped their target price for the company from $23.00 to $29.00 in a report on Monday, November 18th. Finally, Susquehanna reiterated a "neutral" rating and issued a $20.00 price objective on shares of Hewlett Packard Enterprise in a research note on Friday, October 11th. Nine analysts have rated the stock with a hold rating, five have issued a buy rating and one has given a strong buy rating to the stock. According to MarketBeat, Hewlett Packard Enterprise presently has a consensus rating of "Hold" and an average price target of $22.21.

Hewlett Packard Enterprise Trading Up 1.7 %

HPE stock traded up $0.36 during mid-day trading on Friday, reaching $22.10. The company had a trading volume of 8,865,765 shares, compared to its average volume of 11,014,030. 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 company has a market capitalization of $28.70 billion, a PE ratio of 15.78, a price-to-earnings-growth ratio of 3.40 and a beta of 1.19. The firm has a 50 day moving average of $20.35 and a 200 day moving average of $19.60. Hewlett Packard Enterprise has a 12 month low of $14.47 and a 12 month high of $22.82.

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

Hewlett Packard Enterprise Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Friday, October 18th. Investors of record on Thursday, September 19th were given a dividend of $0.13 per share. The ex-dividend date was Thursday, September 19th. This represents a $0.52 dividend on an annualized basis and a yield of 2.35%. Hewlett Packard Enterprise's payout ratio is presently 37.14%.

Hewlett Packard Enterprise 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.