Mariner LLC Increases Stake in Hewlett Packard Enterprise (NYSE:HPE)

Mariner LLC lifted its position in shares of Hewlett Packard Enterprise (NYSE:HPE - Free Report) by 7.1% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 291,260 shares of the technology company's stock after purchasing an additional 19,364 shares during the quarter. Mariner LLC's holdings in Hewlett Packard Enterprise were worth $6,218,000 as of its most recent SEC filing.

Other institutional investors have also recently made changes to their positions in the company. Sagespring Wealth Partners LLC purchased a new position in Hewlett Packard Enterprise in the fourth quarter valued at $358,000. Townsquare Capital LLC increased its stake in shares of Hewlett Packard Enterprise by 5.2% in the 4th quarter. Townsquare Capital LLC now owns 20,800 shares of the technology company's stock valued at $444,000 after purchasing an additional 1,036 shares in the last quarter. Rockefeller Capital Management L.P. raised its holdings in Hewlett Packard Enterprise by 2.8% in the 4th quarter. Rockefeller Capital Management L.P. now owns 128,064 shares of the technology company's stock worth $2,731,000 after purchasing an additional 3,498 shares during the period. Sterling Capital Management LLC raised its holdings in Hewlett Packard Enterprise by 149.5% in the 4th quarter. Sterling Capital Management LLC now owns 124,045 shares of the technology company's stock worth $2,648,000 after purchasing an additional 74,320 shares during the period. Finally, Quinn Opportunity Partners LLC boosted its position in Hewlett Packard Enterprise by 172.7% during the fourth quarter. Quinn Opportunity Partners LLC now owns 300,000 shares of the technology company's stock worth $6,405,000 after purchasing an additional 190,000 shares in 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 Hewlett Packard Enterprise news, Director Bethany Mayer sold 6,409 shares of the 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 SEC, which can be accessed through the SEC website. Corporate insiders own 0.36% of the company's stock.

Hewlett Packard Enterprise Trading Up 5.6 %

Shares of HPE traded up $0.86 during midday trading on Thursday, hitting $16.21. 14,762,590 shares of the stock were exchanged, compared to its average volume of 16,875,005. Hewlett Packard Enterprise has a 52-week low of $11.97 and a 52-week high of $24.66. The company has a debt-to-equity ratio of 0.54, a quick ratio of 0.99 and a current ratio of 1.29. The stock has a fifty day simple moving average of $16.52 and a 200 day simple moving average of $19.79. The firm has a market cap of $21.29 billion, a P/E ratio of 8.53, a P/E/G ratio of 2.03 and a beta of 1.20.

Hewlett Packard Enterprise Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, April 18th. Stockholders of record on Friday, March 21st were given a dividend of $0.13 per share. The ex-dividend date was Friday, March 21st. This represents a $0.52 annualized dividend and a dividend yield of 3.21%. Hewlett Packard Enterprise's dividend payout ratio is presently 25.37%.

Analyst Upgrades and Downgrades

Several research analysts have recently weighed in on HPE shares. Loop Capital reduced their target price on Hewlett Packard Enterprise from $24.00 to $16.00 and set a "hold" rating for the company in a research note on Monday, March 10th. Daiwa Capital Markets lowered Hewlett Packard Enterprise from an "outperform" rating to a "neutral" rating and set a $16.00 price target on the stock. in a research note on Wednesday, March 12th. StockNews.com downgraded Hewlett Packard Enterprise from a "buy" rating to a "hold" rating in a research note on Friday, March 7th. Morgan Stanley lowered shares of Hewlett Packard Enterprise from an "overweight" rating to an "equal weight" rating and set a $14.00 target price for the company. in a report on Tuesday, April 8th. Finally, Barclays reduced their target price on shares of Hewlett Packard Enterprise from $27.00 to $20.00 and set an "overweight" rating for the company in a research report on Friday, March 7th. Ten research analysts have rated the stock with a hold rating, six have issued a buy rating and one has assigned a strong buy rating to the company's stock. According to data from MarketBeat, Hewlett Packard Enterprise has an average rating of "Hold" and an average price target of $20.60.

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.