ASR Vermogensbeheer N.V. Sells 3,731 Shares of Hewlett Packard Enterprise Company $HPE

ASR Vermogensbeheer N.V. lessened its holdings in Hewlett Packard Enterprise Company (NYSE:HPE) by 1.6% during the 2nd quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 230,888 shares of the technology company’s stock after selling 3,731 shares during the quarter. ASR Vermogensbeheer N.V.’s holdings in Hewlett Packard Enterprise were worth $4,721,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds have also recently made changes to their positions in HPE. Merit Financial Group LLC grew its stake in Hewlett Packard Enterprise by 224.6% in the 1st quarter. Merit Financial Group LLC now owns 76,665 shares of the technology company’s stock worth $1,183,000 after acquiring an additional 53,044 shares in the last quarter. Hennion & Walsh Asset Management Inc. grew its stake in Hewlett Packard Enterprise by 24.0% in the first quarter. Hennion & Walsh Asset Management Inc. now owns 46,497 shares of the technology company’s stock worth $717,000 after purchasing an additional 9,006 shares in the last quarter. Vest Financial LLC grew its stake in Hewlett Packard Enterprise by 367.7% in the first quarter. Vest Financial LLC now owns 126,061 shares of the technology company’s stock worth $1,945,000 after purchasing an additional 99,110 shares in the last quarter. Procyon Advisors LLC bought a new position in Hewlett Packard Enterprise in the first quarter worth approximately $571,000. Finally, Pines Wealth Management LLC grew its stake in Hewlett Packard Enterprise by 14.3% in the first quarter. Pines Wealth Management LLC now owns 30,041 shares of the technology company’s stock worth $464,000 after purchasing an additional 3,766 shares in the last quarter. 80.78% of the stock is currently owned by institutional investors.

Hewlett Packard Enterprise Price Performance

Shares of NYSE HPE opened at $24.43 on Friday. The company has a debt-to-equity ratio of 0.69, a quick ratio of 0.69 and a current ratio of 0.95. The company has a market cap of $32.23 billion, a PE ratio of 29.79, a P/E/G ratio of 2.55 and a beta of 1.45. The business has a 50-day simple moving average of $22.76 and a two-hundred day simple moving average of $19.28. Hewlett Packard Enterprise Company has a fifty-two week low of $11.97 and a fifty-two week high of $25.36.

Hewlett Packard Enterprise Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Friday, October 17th. Stockholders of record on Thursday, September 18th will be paid a dividend of $0.13 per share. This represents a $0.52 annualized dividend and a dividend yield of 2.1%. The ex-dividend date is Thursday, September 18th. Hewlett Packard Enterprise’s payout ratio is presently 63.41%.

Insider Transactions at Hewlett Packard Enterprise

In related news, CEO Antonio F. Neri sold 166,666 shares of Hewlett Packard Enterprise stock in a transaction dated Friday, September 12th. The stock was sold at an average price of $25.03, for a total transaction of $4,171,649.98. Following the completion of the sale, the chief executive officer owned 1,585,726 shares of the company’s stock, valued at $39,690,721.78. The trade was a 9.51% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, EVP Maeve C. Culloty sold 3,738 shares of Hewlett Packard Enterprise stock in a transaction dated Tuesday, September 23rd. The stock was sold at an average price of $25.12, for a total value of $93,898.56. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 543,738 shares of company stock worth $12,922,932. Company insiders own 0.36% of the company’s stock.

Analysts Set New Price Targets

HPE has been the topic of a number of recent research reports. Deutsche Bank Aktiengesellschaft increased their price target on Hewlett Packard Enterprise from $21.00 to $26.00 and gave the stock a “buy” rating in a research report on Wednesday, July 23rd. Evercore ISI increased their target price on shares of Hewlett Packard Enterprise from $25.00 to $28.00 and gave the stock an “outperform” rating in a report on Wednesday, August 6th. Citigroup increased their price objective on shares of Hewlett Packard Enterprise from $25.00 to $26.00 and gave the company a “buy” rating in a research note on Thursday, September 4th. Wolfe Research started coverage on shares of Hewlett Packard Enterprise in a research note on Tuesday, July 8th. They set a “peer perform” rating on the stock. Finally, UBS Group increased their target price on Hewlett Packard Enterprise from $18.00 to $23.00 and gave the company a “neutral” rating in a research report on Thursday, September 4th. One research analyst has rated the stock with a Strong Buy rating, eight have given a Buy rating and twelve have issued a Hold rating to the stock. According to data from MarketBeat, the company has a consensus rating of “Hold” and a consensus price target of $24.94.

About Hewlett Packard Enterprise

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.