New York State Teachers Retirement System decreased its position in Hewlett Packard Enterprise Co. (NYSE:HPE) by 2.0% during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 3,283,458 shares of the company’s stock after selling 68,556 shares during the period. New York State Teachers Retirement System’s holdings in Hewlett Packard Enterprise were worth $59,989,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors also recently modified their holdings of the company. Oakbrook Investments LLC increased its position in shares of Hewlett Packard Enterprise by 3.1% in the second quarter. Oakbrook Investments LLC now owns 112,105 shares of the company’s stock worth $2,048,000 after buying an additional 3,350 shares during the last quarter. Locust Wood Capital Advisers LLC bought a new position in shares of Hewlett Packard Enterprise during the second quarter worth approximately $15,137,000. Robeco Institutional Asset Management B.V. increased its position in shares of Hewlett Packard Enterprise by 13.0% in the second quarter. Robeco Institutional Asset Management B.V. now owns 248,368 shares of the company’s stock worth $4,537,000 after buying an additional 28,503 shares during the last quarter. CWM LLC increased its position in shares of Hewlett Packard Enterprise by 43.4% in the second quarter. CWM LLC now owns 8,735 shares of the company’s stock worth $160,000 after buying an additional 2,644 shares during the last quarter. Finally, Kanaly Trust Co increased its position in shares of Hewlett Packard Enterprise by 2.0% in the second quarter. Kanaly Trust Co now owns 12,248 shares of the company’s stock worth $224,000 after buying an additional 241 shares during the last quarter. Hedge funds and other institutional investors own 81.18% of the company’s stock.

Shares of Hewlett Packard Enterprise Co. (NYSE:HPE) traded up 0.59% on Friday, reaching $22.26. The company’s stock had a trading volume of 16,349,085 shares. Hewlett Packard Enterprise Co. has a 1-year low of $11.62 and a 1-year high of $22.32. The company’s 50 day moving average is $21.55 and its 200-day moving average is $18.55. The stock has a market cap of $37.07 billion and a PE ratio of 9.29.

Hewlett Packard Enterprise (NYSE:HPE) last released its earnings results on Wednesday, September 7th. The company reported $0.49 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $0.45 by $0.04. Hewlett Packard Enterprise had a return on equity of 10.15% and a net margin of 8.31%. The company earned $12.20 billion during the quarter, compared to analysts’ expectations of $12.64 billion. The firm’s revenue for the quarter was down 3.9% compared to the same quarter last year. On average, equities analysts predict that Hewlett Packard Enterprise Co. will post $1.92 earnings per share for the current fiscal year.

A number of brokerages recently commented on HPE. BMO Capital Markets restated an “outperform” rating and set a $26.00 price objective (up from $24.00) on shares of Hewlett Packard Enterprise in a research note on Friday, September 9th. Oppenheimer Holdings Inc. set a $25.00 price target on Hewlett Packard Enterprise and gave the stock a “buy” rating in a research note on Thursday, September 8th. Brean Capital reissued a “hold” rating on shares of Hewlett Packard Enterprise in a research note on Thursday, September 8th. FBN Securities reissued an “outperform” rating on shares of Hewlett Packard Enterprise in a research note on Thursday, September 8th. Finally, Deutsche Bank AG increased their price target on Hewlett Packard Enterprise from $22.00 to $24.00 and gave the stock a “buy” rating in a research note on Thursday, September 8th. One investment analyst has rated the stock with a sell rating, seventeen have given a hold rating, thirteen have issued a buy rating and one has given a strong buy rating to the stock. The company presently has a consensus rating of “Hold” and an average price target of $20.82.

In other news, EVP Robert Youngjohns sold 8,622 shares of the firm’s stock in a transaction on Tuesday, July 19th. The stock was sold at an average price of $19.69, for a total value of $169,767.18. Following the transaction, the executive vice president now directly owns 18,033 shares in the company, valued at approximately $355,069.77. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, SVP Jeff T. Ricci sold 5,830 shares of the firm’s stock in a transaction on Monday, June 20th. The stock was sold at an average price of $19.23, for a total value of $112,110.90. Following the completion of the transaction, the senior vice president now owns 5,830 shares in the company, valued at $112,110.90. The disclosure for this sale can be found here. 0.57% of the stock is owned by insiders.

About Hewlett Packard Enterprise

Hewlett Packard Enterprise Company (Hewlett Packard Enterprise) is engaged in offering information technology (IT) and enterprise services solutions. The Company focuses on technology solutions, which enables the customers to build cloud-enabled, mobile-ready solutions that is suited to their needs. The Company’s portfolio includes enterprise services, software and financial services businesses.

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