Marshall Wace LLP Grows Stock Holdings in Hewlett Packard Enterprise (NYSE:HPE)

Marshall Wace LLP raised its holdings in Hewlett Packard Enterprise (NYSE:HPE - Free Report) by 26.2% in the 4th quarter, according to the company in its most recent filing with the SEC. The firm owned 4,663,146 shares of the technology company's stock after acquiring an additional 968,467 shares during the quarter. Marshall Wace LLP owned approximately 0.35% of Hewlett Packard Enterprise worth $99,558,000 as of its most recent SEC filing.

Other hedge funds also recently modified their holdings of the company. Hara Capital LLC bought a new stake in Hewlett Packard Enterprise in the fourth quarter valued at approximately $28,000. Tandem Financial LLC acquired a new position in Hewlett Packard Enterprise in the fourth quarter valued at $32,000. Conquis Financial LLC acquired a new stake in Hewlett Packard Enterprise during the 4th quarter worth about $41,000. R Squared Ltd acquired a new position in shares of Hewlett Packard Enterprise in the 4th quarter valued at about $45,000. Finally, Tompkins Financial Corp boosted its position in shares of Hewlett Packard Enterprise by 397.9% during the 4th quarter. Tompkins Financial Corp now owns 2,878 shares of the technology company's stock valued at $61,000 after purchasing an additional 2,300 shares in the last quarter. Institutional investors and hedge funds own 80.78% of the company's stock.

Insider Transactions at Hewlett Packard Enterprise

In other Hewlett Packard Enterprise news, Director Bethany Mayer sold 6,409 shares of the business's stock in a transaction dated Friday, April 4th. The stock was sold at an average price of $13.19, for a total value of $84,534.71. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. 0.36% of the stock is owned by insiders.

Hewlett Packard Enterprise Stock Up 1.0 %

Shares of Hewlett Packard Enterprise stock traded up $0.15 during trading on Tuesday, hitting $14.97. The company's stock had a trading volume of 2,627,764 shares, compared to its average volume of 16,743,577. 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 company has a fifty day simple moving average of $16.77 and a two-hundred day simple moving average of $19.85. The company has a market capitalization of $19.66 billion, a PE ratio of 7.88, a P/E/G ratio of 2.03 and a beta of 1.20.

Hewlett Packard Enterprise Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Friday, April 18th. Stockholders of record on Friday, March 21st were paid a $0.13 dividend. The ex-dividend date was Friday, March 21st. This represents a $0.52 dividend on an annualized basis and a dividend yield of 3.47%. Hewlett Packard Enterprise's dividend payout ratio is currently 25.37%.

Analysts Set New Price Targets

Several research analysts recently issued reports on HPE shares. Wells Fargo & Company cut their target price on shares of Hewlett Packard Enterprise from $22.00 to $17.00 and set an "equal weight" rating on the stock in a research note on Friday, March 7th. StockNews.com downgraded Hewlett Packard Enterprise from a "buy" rating to a "hold" rating in a research note on Friday, March 7th. Bank of America decreased their price objective on Hewlett Packard Enterprise from $26.00 to $20.00 and set a "buy" rating for the company in a report on Friday, March 7th. Morgan Stanley downgraded shares of Hewlett Packard Enterprise from an "overweight" rating to an "equal weight" rating and set a $14.00 price target for the company. in a research report on Tuesday, April 8th. Finally, Loop Capital dropped their price objective on shares of Hewlett Packard Enterprise from $24.00 to $16.00 and set a "hold" rating on the stock in a research note on Monday, March 10th. Ten investment 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 stock. Based on data from MarketBeat, the company currently has an average rating of "Hold" and a consensus price target of $20.60.

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.