Hewlett Packard Enterprise (NYSE:HPE) Position Boosted by Natixis Advisors LLC

Natixis Advisors LLC lifted its position in shares of Hewlett Packard Enterprise (NYSE:HPE - Free Report) by 67.9% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 986,285 shares of the technology company's stock after acquiring an additional 399,007 shares during the quarter. Natixis Advisors LLC owned 0.08% of Hewlett Packard Enterprise worth $20,179,000 at the end of the most recent quarter.

Several other institutional investors have also modified their holdings of the company. Capital Investment Counsel Inc boosted its stake in shares of Hewlett Packard Enterprise by 1.2% during the 2nd quarter. Capital Investment Counsel Inc now owns 41,269 shares of the technology company's stock worth $874,000 after acquiring an additional 500 shares in the last quarter. First Horizon Advisors Inc. raised its position in shares of Hewlett Packard Enterprise by 4.8% during the 2nd quarter. First Horizon Advisors Inc. now owns 10,933 shares of the technology company's stock worth $231,000 after purchasing an additional 501 shares during the last quarter. Oregon Public Employees Retirement Fund raised its position in shares of Hewlett Packard Enterprise by 0.5% during the 2nd quarter. Oregon Public Employees Retirement Fund now owns 111,617 shares of the technology company's stock worth $2,363,000 after purchasing an additional 536 shares during the last quarter. Bailard Inc. raised its position in shares of Hewlett Packard Enterprise by 1.7% during the 2nd quarter. Bailard Inc. now owns 35,349 shares of the technology company's stock worth $748,000 after purchasing an additional 580 shares during the last quarter. Finally, Werba Rubin Papier Wealth Management boosted its stake in shares of Hewlett Packard Enterprise by 2.5% during the 3rd quarter. Werba Rubin Papier Wealth Management now owns 23,583 shares of the technology company's stock worth $483,000 after purchasing an additional 581 shares during the last quarter. Hedge funds and other institutional investors own 80.78% of the company's stock.

Hewlett Packard Enterprise Stock Up 0.1 %

Shares of NYSE:HPE traded up $0.03 during trading on Tuesday, hitting $21.41. The company's stock had a trading volume of 5,452,243 shares, compared to its average volume of 15,224,930. The company has a debt-to-equity ratio of 0.36, a quick ratio of 0.62 and a current ratio of 0.94. Hewlett Packard Enterprise has a fifty-two week low of $14.47 and a fifty-two week high of $22.82. The stock's 50-day moving average price is $19.95 and its two-hundred day moving average price is $19.50. The company has a market capitalization of $27.80 billion, a PE ratio of 15.14, a PEG ratio of 3.27 and a beta of 1.19.

Hewlett Packard Enterprise (NYSE:HPE - Get Free Report) last released its quarterly earnings results on Wednesday, September 4th. The technology company reported $0.50 EPS for the quarter, topping the consensus estimate 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 business had revenue of $7.71 billion for the quarter, compared to analysts' expectations of $7.67 billion. During the same quarter in the previous year, the firm posted $0.35 earnings per share. The company's revenue was up 10.1% compared to the same quarter last year. As a group, sell-side analysts expect that Hewlett Packard Enterprise will post 1.66 EPS for the current year.

Hewlett Packard Enterprise Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Friday, October 18th. Shareholders of record on Thursday, September 19th were paid a dividend of $0.13 per share. This represents a $0.52 annualized dividend and a yield of 2.43%. The ex-dividend date was Thursday, September 19th. Hewlett Packard Enterprise's payout ratio is currently 37.14%.

Wall Street Analysts Forecast Growth

HPE has been the topic of several recent analyst reports. Deutsche Bank Aktiengesellschaft began coverage on shares of Hewlett Packard Enterprise in a research note on Wednesday, October 9th. They set a "hold" rating and a $22.00 price objective on the stock. Susquehanna reissued a "neutral" rating and set a $20.00 price target on shares of Hewlett Packard Enterprise in a research note on Friday, October 11th. Bank of America raised Hewlett Packard Enterprise from a "neutral" rating to a "buy" rating and lifted their price objective for the company from $21.00 to $24.00 in a research report on Tuesday, September 17th. Loop Capital upped their target price on Hewlett Packard Enterprise from $16.00 to $18.00 and gave the company a "hold" rating in a research note on Monday, September 9th. Finally, Citigroup raised their price target on Hewlett Packard Enterprise from $20.00 to $23.00 and gave the stock a "neutral" rating in a research note on Tuesday. Nine investment analysts have rated the stock with a hold rating, five have given a buy rating and one has given a strong buy rating to the company's stock. Based on data from MarketBeat, Hewlett Packard Enterprise has an average rating of "Hold" and an average price target of $22.21.

Insider Buying and Selling at Hewlett Packard Enterprise

In other news, EVP Neil B. Macdonald sold 29,000 shares of the stock in a transaction that occurred on 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 in the company, valued at approximately $1,395,037. This represents a 26.11 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, SVP Jeremy Cox sold 7,770 shares of the stock in a transaction that occurred 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 sale, the senior vice president now owns 7,771 shares in the company, valued at $163,191. The trade was a 50.00 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 426,012 shares of company stock worth $8,599,617 over the last quarter. 0.40% of the stock is owned by corporate insiders.

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.