Hewlett Packard Enterprise (NYSE:HPE - Get Free Report) Director Bethany Mayer sold 6,409 shares of Hewlett Packard Enterprise stock in a transaction that occurred on Friday, April 4th. The shares were sold at an average price of $13.19, for a total transaction of $84,534.71. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink.
Hewlett Packard Enterprise Price Performance
HPE traded up $0.38 during trading on Friday, hitting $14.12. The company's stock had a trading volume of 23,789,192 shares, compared to its average volume of 16,486,808. The firm's 50 day moving average price is $17.54 and its two-hundred day moving average price is $20.08. 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 stock has a market capitalization of $18.55 billion, a price-to-earnings ratio of 7.43, a price-to-earnings-growth ratio of 2.03 and a beta of 1.20. Hewlett Packard Enterprise has a 12 month low of $11.97 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 yield of 3.68%. The ex-dividend date of this dividend is Friday, March 21st. Hewlett Packard Enterprise's dividend payout ratio (DPR) is presently 25.37%.
Analyst Ratings Changes
A number of equities analysts have recently commented on the stock. Daiwa Capital Markets lowered shares of Hewlett Packard Enterprise from an "outperform" rating to a "neutral" rating and set a $16.00 price target on the stock. in a research report on Wednesday, March 12th. Deutsche Bank Aktiengesellschaft upgraded shares of Hewlett Packard Enterprise from a "hold" rating to a "buy" rating and set a $25.00 target price on the stock in a report on Thursday, December 19th. 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 report on Friday, March 7th. StockNews.com downgraded Hewlett Packard Enterprise from a "buy" rating to a "hold" rating in a research report on Friday, March 7th. Finally, Susquehanna cut their price objective on 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. Ten equities research analysts have rated the stock with a hold rating, six 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 "Hold" and a consensus price target of $20.60.
Check Out Our Latest Stock Report on Hewlett Packard Enterprise
Institutional Investors Weigh In On Hewlett Packard Enterprise
Hedge funds and other institutional investors have recently made changes to their positions in the company. Raymond James Financial Inc. bought a new stake in shares of Hewlett Packard Enterprise during the fourth quarter worth approximately $292,959,000. Norges Bank acquired a new stake in Hewlett Packard Enterprise during the 4th quarter worth $119,067,000. Slate Path Capital LP lifted its stake in shares of Hewlett Packard Enterprise by 44.8% in the 4th quarter. Slate Path Capital LP now owns 12,689,164 shares of the technology company's stock valued at $270,914,000 after purchasing an additional 3,924,039 shares during the period. Northern Trust Corp boosted its position in shares of Hewlett Packard Enterprise by 24.7% in the 4th quarter. Northern Trust Corp now owns 16,184,240 shares of the technology company's stock worth $345,534,000 after purchasing an additional 3,208,424 shares during the last quarter. Finally, Worldquant Millennium Advisors LLC grew its stake in shares of Hewlett Packard Enterprise by 1,382.5% during the fourth quarter. Worldquant Millennium Advisors LLC now owns 3,299,615 shares of the technology company's stock worth $70,447,000 after purchasing an additional 3,077,046 shares during the period. 80.78% of the stock is owned by institutional investors and hedge funds.
About Hewlett Packard Enterprise
(
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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.
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