The Hewlett Packard Enterprise Co (HPE) Shares Bought by Henderson Group PLC

The Hewlett Packard Enterprise Co (HPE) Shares Bought by Henderson Group PLC

Several other large investors have also made changes to their positions in the stock. Dodge & Cox purchased a new stake in shares of Hewlett Packard Enterprise during the fourth quarter valued at $4,831,636,000. Hotchkis & Wiley Capital Management LLC boosted its stake in shares of Hewlett Packard Enterprise by 94.0% in the fourth quarter. Hotchkis & Wiley Capital Management LLC now owns 37,399,100 shares of the technology company’s stock valued at $865,415,000 after buying an additional 18,117,846 shares during the last quarter. AQR Capital Management LLC boosted its stake in shares of Hewlett Packard Enterprise by 527.0% in the fourth quarter. AQR Capital Management LLC now owns 25,007,739 shares of the technology company’s stock valued at $578,679,000 after buying an additional 21,019,389 shares during the last quarter. Dimensional Fund Advisors LP boosted its stake in shares of Hewlett Packard Enterprise by 1.5% in the fourth quarter. Dimensional Fund Advisors LP now owns 17,865,314 shares of the technology company’s stock valued at $413,423,000 after buying an additional 259,694 shares during the last quarter. Finally, Norges Bank purchased a new stake in shares of Hewlett Packard Enterprise during the fourth quarter valued at $372,714,000. 79.10% of the stock is owned by institutional investors.

Henderson Group PLC raised its position in shares of Hewlett Packard Enterprise Co (NYSE:HPE) by 1.3% during the first quarter, according to its most recent Form 13F filing with the SEC. The firm owned 206,590 shares of the technology company’s stock after buying an additional 2,600 shares during the period. Henderson Group PLC’s holdings in Hewlett Packard Enterprise were worth $4,894,000 as of its most recent filing with the SEC.

Shares of Hewlett Packard Enterprise Co (NYSE:HPE) opened at 17.40 on Monday. The company has a market capitalization of $28.84 billion, a price-to-earnings ratio of 9.44 and a beta of 3.05. Hewlett Packard Enterprise Co has a 1-year low of $12.71 and a 1-year high of $19.16. The firm’s 50-day moving average is $18.61 and its 200-day moving average is $17.79.

Hewlett Packard Enterprise (NYSE:HPE) last issued its earnings results on Wednesday, May 31st. The technology company reported $0.35 earnings per share for the quarter, hitting the consensus estimate of $0.35. Hewlett Packard Enterprise had a return on equity of 10.43% and a net margin of 6.31%. The business had revenue of $9.90 billion for the quarter, compared to analyst estimates of $9.75 billion. During the same quarter last year, the company earned $0.42 EPS. The business’s quarterly revenue was down 22.1% on a year-over-year basis. Analysts forecast that Hewlett Packard Enterprise Co will post $1.42 earnings per share for the current fiscal year. The company also recently declared a quarterly dividend, which will be paid on Wednesday, July 5th. Shareholders of record on Wednesday, June 14th will be given a dividend of $0.065 per share. This represents a $0.26 annualized dividend and a yield of 1.49%. The ex-dividend date of this dividend is Monday, June 12th. Hewlett Packard Enterprise’s dividend payout ratio (DPR) is 14.21%.

Hewlett Packard Enterprise (NYSE:HPE) last issued its earnings results on Wednesday, May 31st. The technology company reported $0.35 earnings per share for the quarter, hitting the consensus estimate of $0.35. Hewlett Packard Enterprise had a return on equity of 10.43% and a net margin of 6.31%. The business had revenue of $9.90 billion for the quarter, compared to analyst estimates of $9.75 billion. During the same quarter last year, the company earned $0.42 EPS. The business’s quarterly revenue was down 22.1% on a year-over-year basis. Analysts forecast that Hewlett Packard Enterprise Co will post $1.42 earnings per share for the current fiscal year. Several equities research analysts have weighed in on HPE shares. Zacks Investment Research cut shares of Hewlett Packard Enterprise from a “buy” rating to a “hold” rating in a research report on Tuesday, February 7th. Wells Fargo & Co restated a “market perform” rating on shares of Hewlett Packard Enterprise in a report on Wednesday, March 8th. They noted that the move was a valuation call. CIBC decreased their price objective on shares of Hewlett Packard Enterprise from $27.00 to $21.00 and set a “buy” rating for the company in a report on Thursday, April 6th. Barclays PLC decreased their price objective on shares of Hewlett Packard Enterprise from $21.00 to $18.00 and set an “underweight” rating for the company in a report on Wednesday, May 10th. Finally, Deutsche Bank AG restated a “buy” rating and issued a $25.00 price objective on shares of Hewlett Packard Enterprise in a report on Monday, February 27th. Three research analysts have rated the stock with a sell rating, seventeen have assigned a hold rating, eleven have given a buy rating and one has issued a strong buy rating to the stock. Hewlett Packard Enterprise currently has an average rating of “Hold” and an average target price of $22.47.

In other Hewlett Packard Enterprise news, EVP John F. Schultz sold 39,608 shares of Hewlett Packard Enterprise stock in a transaction that occurred on Friday, April 7th. The stock was sold at an average price of $18.23, for a total transaction of $722,053.84. Following the transaction, the executive vice president now owns 61,078 shares of the company’s stock, valued at $1,113,451.94. The transaction was disclosed in a filing with the SEC, which is available at this link. Also, EVP Christopher P. Hsu sold 11,515 shares of Hewlett Packard Enterprise stock in a transaction that occurred on Wednesday, May 31st. The stock was sold at an average price of $18.80, for a total value of $216,482.00. Following the transaction, the executive vice president now directly owns 24,083 shares in the company, valued at approximately $452,760.40. The disclosure for this sale can be found here. In the last ninety days, insiders have sold 1,643,163 shares of company stock worth $36,204,095. 0.87% of the stock is currently owned by corporate insiders. Hewlett Packard Enterprise Company Profile

Hewlett Packard Enterprise Company is a provider of technology solutions. The Company’s segments include: Enterprise Group, Software, Financial Services and Corporate Investments. The Enterprise Group segment provides its customers with the technology infrastructure they need to optimize traditional information technology (IT).new TradingView.widget({ “height”: 400, “width”: 625, “symbol”: “HPE”, “interval”: “D”, “timezone”: “Etc/UTC”, “theme”: “White”, “style”: “1”, “locale”: “en”, “toolbar_bg”: “#f1f3f6”, “enable_publishing”: false, “hideideas”: true, “referral_id”: “2588”});

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