Dimensional Fund Advisors LP Has $379.95 Million Stake in Hewlett Packard Enterprise (NYSE:HPE)

Dimensional Fund Advisors LP trimmed its position in Hewlett Packard Enterprise (NYSE:HPE - Free Report) by 6.3% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 17,795,191 shares of the technology company's stock after selling 1,200,884 shares during the quarter. Dimensional Fund Advisors LP owned about 1.35% of Hewlett Packard Enterprise worth $379,954,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors have also recently bought and sold shares of HPE. Kathmere Capital Management LLC lifted its holdings in shares of Hewlett Packard Enterprise by 87.2% during the fourth quarter. Kathmere Capital Management LLC now owns 25,483 shares of the technology company's stock worth $544,000 after buying an additional 11,869 shares during the last quarter. Lebenthal Global Advisors LLC raised its position in shares of Hewlett Packard Enterprise by 83.7% during the fourth quarter. Lebenthal Global Advisors LLC now owns 36,096 shares of the technology company's stock valued at $771,000 after buying an additional 16,447 shares during the last quarter. Nordea Investment Management AB raised its position in shares of Hewlett Packard Enterprise by 35.1% during the fourth quarter. Nordea Investment Management AB now owns 7,253,035 shares of the technology company's stock valued at $155,142,000 after buying an additional 1,885,559 shares during the last quarter. Korea Investment CORP lifted its stake in shares of Hewlett Packard Enterprise by 8.3% in the fourth quarter. Korea Investment CORP now owns 1,003,921 shares of the technology company's stock valued at $21,434,000 after buying an additional 77,244 shares during the period. Finally, Nisa Investment Advisors LLC grew its position in Hewlett Packard Enterprise by 78.8% during the fourth quarter. Nisa Investment Advisors LLC now owns 909,919 shares of the technology company's stock worth $19,545,000 after buying an additional 401,016 shares in the last quarter. Institutional investors own 80.78% of the company's stock.

Hewlett Packard Enterprise Price Performance

NYSE:HPE traded up $0.12 during mid-day trading on Friday, reaching $16.30. 3,716,133 shares of the company were exchanged, compared to its average volume of 16,847,335. 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 cap of $21.40 billion, a PE ratio of 8.56, a PEG 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. The company has a fifty day moving average of $16.41 and a 200 day moving average of $19.76.

Hewlett Packard Enterprise Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, April 18th. Investors of record on Friday, March 21st were issued a $0.13 dividend. This represents a $0.52 dividend on an annualized basis and a dividend yield of 3.19%. The ex-dividend date was Friday, March 21st. Hewlett Packard Enterprise's dividend payout ratio is currently 25.37%.

Analysts Set New Price Targets

A number of analysts have commented on the company. Wells Fargo & Company reduced their price objective on Hewlett Packard Enterprise from $22.00 to $17.00 and set an "equal weight" rating for the company in a research report on Friday, March 7th. StockNews.com lowered shares of Hewlett Packard Enterprise from a "buy" rating to a "hold" rating in a report on Friday, March 7th. Daiwa America cut shares of Hewlett Packard Enterprise from a "strong-buy" rating to a "hold" rating in a research note on Wednesday, March 12th. Bank of America lowered their target price on shares of Hewlett Packard Enterprise from $26.00 to $20.00 and set a "buy" rating on the stock in a research note on Friday, March 7th. Finally, Susquehanna cut their price target on shares of Hewlett Packard Enterprise from $20.00 to $15.00 and set a "neutral" rating for the company in a research note on Friday, March 7th. Ten analysts have rated the stock with a hold rating, six have given a buy rating and one has assigned a strong buy rating to the company's stock. Based on data from MarketBeat.com, Hewlett Packard Enterprise has an average rating of "Hold" and an average target price of $20.60.

Insider Buying and Selling

In other news, Director Bethany Mayer sold 6,409 shares of Hewlett Packard Enterprise stock in a transaction on Friday, April 4th. The stock was sold at an average price of $13.19, for a total value of $84,534.71. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. 0.36% of the stock is currently owned by corporate insiders.

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.