Nomura Asset Management Co. Ltd. Has $8.48 Million Position in Hewlett Packard Enterprise (NYSE:HPE)

Nomura Asset Management Co. Ltd. lifted its position in Hewlett Packard Enterprise (NYSE:HPE - Free Report) by 6.6% in the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 414,485 shares of the technology company's stock after buying an additional 25,701 shares during the quarter. Nomura Asset Management Co. Ltd.'s holdings in Hewlett Packard Enterprise were worth $8,480,000 as of its most recent filing with the SEC.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Pacer Advisors Inc. increased its holdings in shares of Hewlett Packard Enterprise by 18.1% during the third quarter. Pacer Advisors Inc. now owns 27,383,858 shares of the technology company's stock worth $560,274,000 after buying an additional 4,194,213 shares in the last quarter. Dimensional Fund Advisors LP increased its holdings in shares of Hewlett Packard Enterprise by 4.6% in the second quarter. Dimensional Fund Advisors LP now owns 18,871,236 shares of the technology company's stock valued at $399,507,000 after purchasing an additional 822,722 shares during the last quarter. Legal & General Group Plc increased its position in Hewlett Packard Enterprise by 3.8% during the 2nd quarter. Legal & General Group Plc now owns 16,939,160 shares of the technology company's stock worth $358,602,000 after buying an additional 617,691 shares during the period. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC lifted its position in shares of Hewlett Packard Enterprise by 6.2% during the 3rd quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 15,696,449 shares of the technology company's stock valued at $321,149,000 after acquiring an additional 921,624 shares during the period. Finally, Charles Schwab Investment Management Inc. increased its stake in shares of Hewlett Packard Enterprise by 1.4% in the 3rd quarter. Charles Schwab Investment Management Inc. now owns 9,609,078 shares of the technology company's stock valued at $196,602,000 after purchasing an additional 129,463 shares during the last quarter. Institutional investors and hedge funds own 80.78% of the company's stock.

Insider Activity at Hewlett Packard Enterprise

In other news, Director Gary M. Reiner sold 50,000 shares of Hewlett Packard Enterprise stock in a transaction that occurred on Monday, December 9th. The shares were sold at an average price of $23.47, for a total value of $1,173,500.00. Following the transaction, the director now owns 104,192 shares of the company's stock, valued at $2,445,386.24. The trade was a 32.43 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through this link. Also, SVP Jeremy Cox sold 7,770 shares of the stock in a transaction on Tuesday, October 8th. The shares were sold at an average price of $21.00, for a total value of $163,170.00. Following the completion of the transaction, the senior vice president now owns 7,771 shares of the company's stock, valued at $163,191. This trade represents a 50.00 % decrease in their position. The disclosure for this sale can be found here. In the last three months, insiders have sold 717,601 shares of company stock valued at $15,140,976. Insiders own 0.40% of the company's stock.

Hewlett Packard Enterprise Stock Performance

Shares of Hewlett Packard Enterprise stock remained flat at $21.83 during trading on Friday. 10,278,475 shares of the stock were exchanged, compared to its average volume of 15,267,709. Hewlett Packard Enterprise has a fifty-two week low of $14.47 and a fifty-two week high of $24.24. 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 market capitalization of $28.34 billion, a price-to-earnings ratio of 11.49, a PEG ratio of 2.64 and a beta of 1.21. The stock has a fifty day moving average price of $21.05 and a 200-day moving average price of $20.00.

Hewlett Packard Enterprise Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Thursday, January 16th. Investors of record on Friday, December 20th will be issued a $0.13 dividend. This represents a $0.52 dividend on an annualized basis and a dividend yield of 2.38%. The ex-dividend date of this dividend is Friday, December 20th. Hewlett Packard Enterprise's dividend payout ratio is currently 27.37%.

Analyst Upgrades and Downgrades

HPE has been the topic of a number of research analyst reports. Citigroup raised shares of Hewlett Packard Enterprise from a "neutral" rating to a "buy" rating and increased their price objective for the stock from $23.00 to $26.00 in a research report on Friday, December 6th. UBS Group increased their price target on shares of Hewlett Packard Enterprise from $17.00 to $19.00 and gave the stock a "neutral" rating in a report on Thursday, September 5th. Loop Capital raised their price objective on Hewlett Packard Enterprise from $18.00 to $24.00 and gave the company a "hold" rating in a report on Monday. Bank of America raised shares of Hewlett Packard Enterprise from a "neutral" rating to a "buy" rating and raised their price target for the stock from $21.00 to $24.00 in a report on Tuesday, September 17th. Finally, 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, November 18th. Seven analysts have rated the stock with a hold rating, six have assigned a buy rating and two have given a strong buy rating to the company. According to MarketBeat.com, Hewlett Packard Enterprise currently has a consensus rating of "Moderate Buy" and an average target price of $23.79.

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.