XTX Topco Ltd Purchases New Shares in Hewlett Packard Enterprise (NYSE:HPE)

XTX Topco Ltd purchased a new position in shares of Hewlett Packard Enterprise (NYSE:HPE - Free Report) in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 56,588 shares of the technology company's stock, valued at approximately $1,208,000.

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

Hewlett Packard Enterprise Stock Performance

HPE stock traded up $0.25 during midday trading on Friday, hitting $15.13. The stock had a trading volume of 22,456,784 shares, compared to its average volume of 16,789,240. Hewlett Packard Enterprise has a 52 week low of $11.97 and a 52 week high of $24.66. 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 50-day simple moving average of $16.89 and a 200 day simple moving average of $19.89. The firm has a market capitalization of $19.87 billion, a price-to-earnings ratio of 7.96, a P/E/G ratio of 2.03 and a beta of 1.20.

Hewlett Packard Enterprise Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Friday, April 18th. Stockholders of record on Friday, March 21st were issued a dividend of $0.13 per share. This represents a $0.52 dividend on an annualized basis and a dividend yield of 3.44%. The ex-dividend date of this dividend was Friday, March 21st. Hewlett Packard Enterprise's payout ratio is 25.37%.

Insider Activity

In related news, Director Bethany Mayer sold 6,409 shares of the firm's stock in a transaction that occurred on Friday, April 4th. The stock was sold at an average price of $13.19, for a total transaction of $84,534.71. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. 0.36% of the stock is owned by company insiders.

Wall Street Analyst Weigh In

A number of brokerages recently issued reports on HPE. Loop Capital decreased their price objective on shares of Hewlett Packard Enterprise from $24.00 to $16.00 and set a "hold" rating for the company in a report on Monday, March 10th. Morgan Stanley downgraded Hewlett Packard Enterprise from an "overweight" rating to an "equal weight" rating and set a $14.00 price objective on the stock. in a research note on Tuesday, April 8th. Wells Fargo & Company lowered 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. Daiwa America lowered shares of Hewlett Packard Enterprise from a "strong-buy" rating to a "hold" rating in a research note on Wednesday, March 12th. Finally, Barclays cut 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 investment analysts have rated the stock with a hold rating, six have assigned a buy rating and one has issued a strong buy rating to the company's stock. According to MarketBeat.com, Hewlett Packard Enterprise presently has a consensus rating of "Hold" and a consensus target price 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.