Landscape Capital Management L.L.C. Purchases 27,897 Shares of Hewlett Packard Enterprise (NYSE:HPE)

Landscape Capital Management L.L.C. increased its holdings in Hewlett Packard Enterprise (NYSE:HPE - Free Report) by 38.2% during the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 100,897 shares of the technology company's stock after purchasing an additional 27,897 shares during the quarter. Landscape Capital Management L.L.C.'s holdings in Hewlett Packard Enterprise were worth $2,064,000 at the end of the most recent quarter.

Other large investors have also modified their holdings of the company. Bessemer Group Inc. raised its holdings in shares of Hewlett Packard Enterprise by 11.3% during the first quarter. Bessemer Group Inc. now owns 40,786 shares of the technology company's stock valued at $722,000 after acquiring an additional 4,154 shares during the period. Toronto Dominion Bank lifted its holdings in shares of Hewlett Packard Enterprise by 46.8% in the first quarter. Toronto Dominion Bank now owns 842,739 shares of the technology company's stock valued at $14,942,000 after purchasing an additional 268,820 shares in the last quarter. Quadrature Capital Ltd purchased a new position in shares of Hewlett Packard Enterprise during the first quarter valued at $5,245,000. 1832 Asset Management L.P. raised its position in Hewlett Packard Enterprise by 10.6% during the first quarter. 1832 Asset Management L.P. now owns 146,380 shares of the technology company's stock valued at $2,595,000 after buying an additional 14,021 shares during the period. Finally, Epoch Investment Partners Inc. lifted its stake in Hewlett Packard Enterprise by 23.5% in the 1st quarter. Epoch Investment Partners Inc. now owns 3,738,604 shares of the technology company's stock worth $66,285,000 after acquiring an additional 712,480 shares in the last quarter. 80.78% of the stock is owned by institutional investors.

Hewlett Packard Enterprise Stock Performance

NYSE:HPE traded up $0.36 during midday trading on Friday, reaching $22.10. The stock had a trading volume of 8,860,411 shares, compared to its average volume of 15,182,589. 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 firm's fifty day simple moving average is $20.35 and its 200-day simple moving average is $19.60. The stock has a market capitalization of $28.69 billion, a P/E ratio of 15.78, a PEG ratio of 3.36 and a beta of 1.19. Hewlett Packard Enterprise has a 1-year low of $14.47 and a 1-year 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 (EPS) for the quarter, topping analysts' consensus estimates of $0.47 by $0.03. The business had revenue of $7.71 billion for the quarter, compared to analyst estimates of $7.67 billion. Hewlett Packard Enterprise had a net margin of 6.39% and a return on equity of 8.94%. Hewlett Packard Enterprise's revenue was up 10.1% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $0.35 earnings per share. On average, equities research analysts forecast that Hewlett Packard Enterprise will post 1.66 EPS for the current fiscal year.

Hewlett Packard Enterprise Announces Dividend

The business 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. The ex-dividend date was Thursday, September 19th. This represents a $0.52 annualized dividend and a yield of 2.35%. Hewlett Packard Enterprise's dividend payout ratio is currently 37.14%.

Insider Transactions at Hewlett Packard Enterprise

In other Hewlett Packard Enterprise news, SVP Jeremy Cox sold 7,770 shares of the stock in a transaction dated Tuesday, October 8th. The shares were sold at an average price of $21.00, for a total transaction of $163,170.00. Following the sale, the senior vice president now owns 7,771 shares of the company's stock, valued at $163,191. This represents a 50.00 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, CEO Antonio F. Neri sold 250,000 shares of the business's stock in a transaction dated Monday, October 14th. The stock was sold at an average price of $20.73, for a total transaction of $5,182,500.00. Following the completion of the transaction, the chief executive officer now directly owns 1,508,641 shares of the company's stock, valued at approximately $31,274,127.93. This represents a 14.22 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last quarter, insiders have sold 426,012 shares of company stock valued at $8,599,617. 0.40% of the stock is owned by insiders.

Analyst Ratings Changes

Several equities analysts have weighed in on HPE shares. UBS Group lifted their target price on Hewlett Packard Enterprise from $17.00 to $19.00 and gave the company a "neutral" rating in a research note on Thursday, September 5th. Barclays raised shares of 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 report on Wednesday, September 25th. Loop Capital increased their target price on shares of Hewlett Packard Enterprise from $16.00 to $18.00 and gave the stock a "hold" rating in a research report on Monday, September 9th. Raymond James upgraded Hewlett Packard Enterprise from an "outperform" rating to a "strong-buy" rating and increased their price objective for the stock from $23.00 to $29.00 in a report on Monday. Finally, Citigroup boosted their target price on Hewlett Packard Enterprise from $20.00 to $23.00 and gave the company a "neutral" rating in a research note on Tuesday. Nine equities research analysts have rated the stock with a hold rating, five have assigned a buy rating and one has given a strong buy rating to the company's stock. According to data from MarketBeat.com, the stock presently has an average rating of "Hold" and a consensus target price of $22.21.

Hewlett Packard Enterprise Company 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.