Hewlett Packard Enterprise (NYSE:HPE) Shares Sold by Centiva Capital LP

Centiva Capital LP cut its holdings in shares of Hewlett Packard Enterprise (NYSE:HPE - Free Report) by 86.6% in the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 22,110 shares of the technology company's stock after selling 143,369 shares during the quarter. Centiva Capital LP's holdings in Hewlett Packard Enterprise were worth $452,000 at the end of the most recent reporting period.

Other large investors have also recently made changes to their positions in the company. RPg Family Wealth Advisory LLC bought a new position in Hewlett Packard Enterprise in the 3rd quarter worth about $25,000. Valley Wealth Managers Inc. bought a new position in Hewlett Packard Enterprise in the 3rd quarter worth about $26,000. Hazlett Burt & Watson Inc. boosted its stake in Hewlett Packard Enterprise by 571.5% in the 2nd quarter. Hazlett Burt & Watson Inc. now owns 1,343 shares of the technology company's stock worth $28,000 after purchasing an additional 1,143 shares during the period. Ashton Thomas Private Wealth LLC bought a new position in Hewlett Packard Enterprise in the 2nd quarter worth about $28,000. Finally, Financial Management Professionals Inc. boosted its position in shares of 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 valued at $29,000 after acquiring an additional 637 shares during the last quarter. 80.78% of the stock is owned by hedge funds and other institutional investors.

Insider Transactions at Hewlett Packard Enterprise

In other news, SVP Jeremy Cox sold 7,770 shares of Hewlett Packard Enterprise stock in a transaction on Tuesday, October 8th. The stock was sold at an average price of $21.00, for a total value of $163,170.00. Following the transaction, the senior vice president now directly owns 7,771 shares in the company, valued at approximately $163,191. This trade represents a 50.00 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, CEO Antonio F. Neri sold 83,334 shares of Hewlett Packard Enterprise 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 $34,680,400.52. This represents a 4.52 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last three months, insiders have sold 426,012 shares of company stock worth $8,599,617. 0.40% of the stock is currently owned by company insiders.

Hewlett Packard Enterprise Trading Down 3.5 %

Shares of NYSE:HPE traded down $0.84 during trading on Monday, hitting $23.11. The company had a trading volume of 22,239,388 shares, compared to its average volume of 15,270,270. The stock has a market cap of $30.01 billion, a price-to-earnings ratio of 12.16, a price-to-earnings-growth ratio of 3.74 and a beta of 1.21. Hewlett Packard Enterprise has a one year low of $14.47 and a one year high of $24.24. The company has a fifty day simple moving average of $20.96 and a two-hundred day simple moving average of $19.95. The company has a debt-to-equity ratio of 0.54, a current ratio of 1.29 and a quick ratio of 0.99.

Hewlett Packard Enterprise Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Thursday, January 16th. Stockholders of record on Friday, December 20th will be issued a $0.13 dividend. The ex-dividend date of this dividend is Friday, December 20th. This represents a $0.52 annualized dividend and a dividend yield of 2.25%. Hewlett Packard Enterprise's payout ratio is 27.37%.

Analysts Set New Price Targets

A number of analysts have recently issued reports on HPE shares. StockNews.com upgraded Hewlett Packard Enterprise from a "buy" rating to a "strong-buy" rating in a research report on Monday. Barclays boosted their target price on Hewlett Packard Enterprise from $24.00 to $27.00 and gave the stock an "overweight" rating in a research report on Friday. Susquehanna restated a "neutral" rating and issued a $20.00 target price on shares of Hewlett Packard Enterprise in a research report on Friday, October 11th. Loop Capital boosted their target price on Hewlett Packard Enterprise from $18.00 to $24.00 and gave the stock a "hold" rating in a research report on Monday. Finally, UBS Group boosted their target price on Hewlett Packard Enterprise from $17.00 to $19.00 and gave the stock a "neutral" rating in a research report on Thursday, September 5th. Seven analysts have rated the stock with a hold rating, six have issued a buy rating and two have given a strong buy rating to the stock. According to MarketBeat, Hewlett Packard Enterprise presently has a consensus rating of "Moderate Buy" and an average target price of $23.79.

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.