Hewlett Packard Enterprise Company (HPE) Position Boosted by Cetera Advisor Networks LLC, Report finds

Hewlett Packard Enterprise Company (HPE) Position Boosted by Cetera Advisor Networks LLC, Report finds

Cetera Advisor Networks LLC raised its position in shares of Hewlett Packard Enterprise Company (NYSE:HPE) by 36.3% during the third quarter, Holdings Channel reports. The institutional investor owned 30,104 shares of the company’s stock after buying an additional 8,014 shares during the period. Cetera Advisor Networks LLC’s holdings in Hewlett Packard Enterprise Company were worth $685,000 at the end of the most recent quarter.

A number of other large investors have also bought and sold shares of the stock. OZ Management LP boosted its stake in shares of Hewlett Packard Enterprise Company by 212.4% in the third quarter. OZ Management LP now owns 8,391,778 shares of the company’s stock valued at $190,913,000 after buying an additional 5,705,284 shares during the period. Empyrean Capital Partners LP purchased a new stake in shares of Hewlett Packard Enterprise Company during the third quarter valued at about $113,771,000. MD Sass Investors Services Inc. purchased a new stake in shares of Hewlett Packard Enterprise Company during the second quarter valued at about $55,797,000. Gotham Asset Management LLC boosted its stake in shares of Hewlett Packard Enterprise Company by 127.8% in the third quarter. Gotham Asset Management LLC now owns 5,206,850 shares of the company’s stock valued at $94,607,000 after buying an additional 2,921,618 shares during the period. Finally, Brenner West Capital Advisors LLC purchased a new stake in shares of Hewlett Packard Enterprise Company during the second quarter valued at about $51,412,000. 79.59% of the stock is currently owned by institutional investors and hedge funds.

Hewlett Packard Enterprise Company (NYSE:HPE) traded down 0.25% during mid-day trading on Wednesday, reaching $23.63. 6,084,922 shares of the company’s stock were exchanged. The firm’s 50-day moving average is $23.08 and its 200 day moving average is $22.56. Hewlett Packard Enterprise Company has a 1-year low of $12.02 and a 1-year high of $24.79. The stock has a market capitalization of $39.34 billion, a PE ratio of 12.98 and a beta of 3.05.

Hewlett Packard Enterprise Company (NYSE:HPE) last issued its earnings results on Tuesday, November 22nd. The company reported $0.61 EPS for the quarter, meeting the Thomson Reuters’ consensus estimate of $0.61. Hewlett Packard Enterprise Company had a net margin of 6.31% and a return on equity of 10.43%. The company had revenue of $12.50 billion for the quarter, compared to the consensus estimate of $12.85 billion. During the same quarter in the previous year, the company earned $0.52 EPS. The firm’s revenue for the quarter was down 7.2% compared to the same quarter last year. Analysts forecast that Hewlett Packard Enterprise Company will post $2.04 earnings per share for the current fiscal year.

The company also recently announced a quarterly dividend, which will be paid on Wednesday, April 5th. Stockholders of record on Wednesday, March 15th will be paid a $0.065 dividend. The ex-dividend date is Monday, March 13th. This represents a $0.26 annualized dividend and a dividend yield of 1.10%. Hewlett Packard Enterprise Company’s dividend payout ratio is presently 14.21%.

Several equities research analysts have recently issued reports on the company. Barclays PLC lifted their target price on Hewlett Packard Enterprise Company from $17.00 to $18.00 and gave the stock an “underweight” rating in a report on Wednesday, November 23rd. Wells Fargo & Company reissued a “market perform” rating on shares of Hewlett Packard Enterprise Company in a research note on Tuesday, January 24th. Jefferies Group LLC reduced their price objective on Hewlett Packard Enterprise Company from $29.00 to $27.00 and set a “buy” rating on the stock in a research note on Friday, November 25th. Guggenheim started coverage on Hewlett Packard Enterprise Company in a research note on Wednesday, January 4th. They set a “neutral” rating on the stock. Finally, Zacks Investment Research cut Hewlett Packard Enterprise Company from a “buy” rating to a “hold” rating in a research note on Tuesday. Two analysts have rated the stock with a sell rating, fourteen have assigned a hold rating, fourteen have issued a buy rating and one has issued a strong buy rating to the company. Hewlett Packard Enterprise Company presently has an average rating of “Hold” and a consensus target price of $23.58.

In related news, EVP Christopher P. Hsu sold 4,780 shares of Hewlett Packard Enterprise Company stock in a transaction dated Tuesday, November 22nd. The stock was sold at an average price of $23.12, for a total value of $110,513.60. Following the completion of the transaction, the executive vice president now directly owns 71,219 shares of the company’s stock, valued at $1,646,583.28. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, EVP John F. Schultz sold 12,555 shares of Hewlett Packard Enterprise Company stock in a transaction dated Monday, November 21st. The shares were sold at an average price of $23.46, for a total value of $294,540.30. Following the completion of the transaction, the executive vice president now directly owns 79,447 shares of the company’s stock, valued at $1,863,826.62. The disclosure for this sale can be found here. Insiders sold a total of 329,620 shares of company stock worth $7,862,012 in the last 90 days. 0.57% of the stock is owned by corporate insiders.

About Hewlett Packard Enterprise Company

Hewlett Packard Enterprise Company is a provider of technology solutions. The Company operates through five segments: Enterprise Group, Software, Enterprise Services, Financial Services and Corporate Investments. The Enterprise Group segment provides its customers with the technology infrastructure they need to optimize traditional information technology (IT).

Want to see what other hedge funds are holding HPE? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Hewlett Packard Enterprise Company (NYSE:HPE).

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Hewlett Packard Enterprise Company (HPE) Position Boosted by Cetera Advisor Networks LLC

Hewlett Packard Enterprise Company (HPE) Position Boosted by Cetera Advisor Networks LLC

Cetera Advisor Networks LLC raised its position in shares of Hewlett Packard Enterprise Company (NYSE:HPE) by 36.3% during the third quarter, Holdings Channel reports. The institutional investor owned 30,104 shares of the company’s stock after buying an additional 8,014 shares during the period. Cetera Advisor Networks LLC’s holdings in Hewlett Packard Enterprise Company were worth $685,000 at the end of the most recent quarter.

A number of other large investors have also bought and sold shares of the stock. OZ Management LP boosted its stake in shares of Hewlett Packard Enterprise Company by 212.4% in the third quarter. OZ Management LP now owns 8,391,778 shares of the company’s stock valued at $190,913,000 after buying an additional 5,705,284 shares during the period. Empyrean Capital Partners LP purchased a new stake in shares of Hewlett Packard Enterprise Company during the third quarter valued at about $113,771,000. MD Sass Investors Services Inc. purchased a new stake in shares of Hewlett Packard Enterprise Company during the second quarter valued at about $55,797,000. Gotham Asset Management LLC boosted its stake in shares of Hewlett Packard Enterprise Company by 127.8% in the third quarter. Gotham Asset Management LLC now owns 5,206,850 shares of the company’s stock valued at $94,607,000 after buying an additional 2,921,618 shares during the period. Finally, Brenner West Capital Advisors LLC purchased a new stake in shares of Hewlett Packard Enterprise Company during the second quarter valued at about $51,412,000. 79.59% of the stock is currently owned by institutional investors and hedge funds.

Hewlett Packard Enterprise Company (NYSE:HPE) traded down 0.25% during mid-day trading on Wednesday, reaching $23.63. 6,084,922 shares of the company’s stock were exchanged. The firm’s 50-day moving average is $23.08 and its 200 day moving average is $22.56. Hewlett Packard Enterprise Company has a 1-year low of $12.02 and a 1-year high of $24.79. The stock has a market capitalization of $39.34 billion, a PE ratio of 12.98 and a beta of 3.05.

Hewlett Packard Enterprise Company (NYSE:HPE) last issued its earnings results on Tuesday, November 22nd. The company reported $0.61 EPS for the quarter, meeting the Thomson Reuters’ consensus estimate of $0.61. Hewlett Packard Enterprise Company had a net margin of 6.31% and a return on equity of 10.43%. The company had revenue of $12.50 billion for the quarter, compared to the consensus estimate of $12.85 billion. During the same quarter in the previous year, the company earned $0.52 EPS. The firm’s revenue for the quarter was down 7.2% compared to the same quarter last year. Analysts forecast that Hewlett Packard Enterprise Company will post $2.04 earnings per share for the current fiscal year.

The company also recently announced a quarterly dividend, which will be paid on Wednesday, April 5th. Stockholders of record on Wednesday, March 15th will be paid a $0.065 dividend. The ex-dividend date is Monday, March 13th. This represents a $0.26 annualized dividend and a dividend yield of 1.10%. Hewlett Packard Enterprise Company’s dividend payout ratio is presently 14.21%.

Several equities research analysts have recently issued reports on the company. Barclays PLC lifted their target price on Hewlett Packard Enterprise Company from $17.00 to $18.00 and gave the stock an “underweight” rating in a report on Wednesday, November 23rd. Wells Fargo & Company reissued a “market perform” rating on shares of Hewlett Packard Enterprise Company in a research note on Tuesday, January 24th. Jefferies Group LLC reduced their price objective on Hewlett Packard Enterprise Company from $29.00 to $27.00 and set a “buy” rating on the stock in a research note on Friday, November 25th. Guggenheim started coverage on Hewlett Packard Enterprise Company in a research note on Wednesday, January 4th. They set a “neutral” rating on the stock. Finally, Zacks Investment Research cut Hewlett Packard Enterprise Company from a “buy” rating to a “hold” rating in a research note on Tuesday. Two analysts have rated the stock with a sell rating, fourteen have assigned a hold rating, fourteen have issued a buy rating and one has issued a strong buy rating to the company. Hewlett Packard Enterprise Company presently has an average rating of “Hold” and a consensus target price of $23.58.

In related news, EVP Christopher P. Hsu sold 4,780 shares of Hewlett Packard Enterprise Company stock in a transaction dated Tuesday, November 22nd. The stock was sold at an average price of $23.12, for a total value of $110,513.60. Following the completion of the transaction, the executive vice president now directly owns 71,219 shares of the company’s stock, valued at $1,646,583.28. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, EVP John F. Schultz sold 12,555 shares of Hewlett Packard Enterprise Company stock in a transaction dated Monday, November 21st. The shares were sold at an average price of $23.46, for a total value of $294,540.30. Following the completion of the transaction, the executive vice president now directly owns 79,447 shares of the company’s stock, valued at $1,863,826.62. The disclosure for this sale can be found here. Insiders sold a total of 329,620 shares of company stock worth $7,862,012 in the last 90 days. 0.57% of the stock is owned by corporate insiders.

About Hewlett Packard Enterprise Company

Hewlett Packard Enterprise Company is a provider of technology solutions. The Company operates through five segments: Enterprise Group, Software, Enterprise Services, Financial Services and Corporate Investments. The Enterprise Group segment provides its customers with the technology infrastructure they need to optimize traditional information technology (IT).

Want to see what other hedge funds are holding HPE? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Hewlett Packard Enterprise Company (NYSE:HPE).

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