Mizuho Securities USA LLC increased its holdings in Hewlett Packard Enterprise (NYSE:HPE - Free Report) by 46.0% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 123,084 shares of the technology company's stock after buying an additional 38,807 shares during the quarter. Mizuho Securities USA LLC's holdings in Hewlett Packard Enterprise were worth $2,628,000 at the end of the most recent reporting period.
Other large investors have also recently added to or reduced their stakes in the company. RPg Family Wealth Advisory LLC bought a new position in shares of Hewlett Packard Enterprise in the third quarter valued at approximately $25,000. Hara Capital LLC acquired a new position in shares of Hewlett Packard Enterprise during the 4th quarter valued at $28,000. Tandem Financial LLC bought a new stake in shares of Hewlett Packard Enterprise in the 4th quarter worth $32,000. R Squared Ltd acquired a new stake in shares of Hewlett Packard Enterprise in the fourth quarter valued at $45,000. Finally, Quest Partners LLC bought a new position in Hewlett Packard Enterprise during the third quarter valued at about $50,000. 80.78% of the stock is currently owned by institutional investors and hedge funds.
Hewlett Packard Enterprise Stock Down 2.3 %
Hewlett Packard Enterprise stock traded down $0.38 during mid-day trading on Wednesday, hitting $16.15. 10,495,954 shares of the company's stock were exchanged, compared to its average volume of 15,143,014. Hewlett Packard Enterprise has a 1-year low of $14.64 and a 1-year high of $24.66. The stock has a 50 day moving average of $19.99 and a two-hundred day moving average of $20.48. The company has a current ratio of 1.29, a quick ratio of 0.99 and a debt-to-equity ratio of 0.54. The stock has a market cap of $21.21 billion, a P/E ratio of 8.50, a P/E/G ratio of 2.03 and a beta of 1.20.
Hewlett Packard Enterprise Dividend Announcement
The business also recently declared a quarterly dividend, which will be paid on Friday, April 18th. Shareholders of record on Friday, March 21st will be issued a dividend of $0.13 per share. The ex-dividend date of this dividend is Friday, March 21st. This represents a $0.52 annualized dividend and a yield of 3.22%. Hewlett Packard Enterprise's dividend payout ratio (DPR) is presently 25.37%.
Analyst Ratings Changes
Several equities analysts have recently issued reports on the stock. 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. Wells Fargo & Company dropped their price target on Hewlett Packard Enterprise from $22.00 to $17.00 and set an "equal weight" rating on the stock in a report on Friday, March 7th. Deutsche Bank Aktiengesellschaft raised Hewlett Packard Enterprise from a "hold" rating to a "buy" rating and set a $25.00 price objective for the company in a research note on Thursday, December 19th. Bank of America cut their target price on Hewlett Packard Enterprise from $26.00 to $20.00 and set a "buy" rating on the stock in a research report on Friday, March 7th. Finally, Susquehanna cut their price objective on Hewlett Packard Enterprise from $20.00 to $15.00 and set a "neutral" rating on the stock in a report on Friday, March 7th. Nine investment analysts have rated the stock with a hold rating, seven have given a buy rating and one has assigned a strong buy rating to the company. According to MarketBeat, the company currently has a consensus rating of "Moderate Buy" and an average target price of $21.27.
Check Out Our Latest Stock Analysis on Hewlett Packard Enterprise
Insider Buying and Selling
In other news, SVP Jeremy Cox sold 11,577 shares of the firm's stock in a transaction on Monday, January 6th. The shares were sold at an average price of $23.00, for a total value of $266,271.00. Following the sale, the senior vice president now owns 48,615 shares in the company, valued at approximately $1,118,145. This trade represents a 19.23 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Insiders own 0.36% of the company's stock.
About Hewlett Packard Enterprise
(
Free Report)
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.
See Also
Before you consider Hewlett Packard Enterprise, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Hewlett Packard Enterprise wasn't on the list.
While Hewlett Packard Enterprise currently has a Moderate Buy rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Just getting into the stock market? These 10 simple stocks can help beginning investors build long-term wealth without knowing options, technicals, or other advanced strategies.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
