Hewlett Packard Enterprise Company (NYSE:HPE) EVP Henry Gomez sold 119,515 shares of the business’s stock in a transaction that occurred on Monday, December 18th. The shares were sold at an average price of $14.87, for a total value of $1,777,188.05. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website.

Henry Gomez also recently made the following trade(s):

  • On Thursday, November 2nd, Henry Gomez sold 55,200 shares of Hewlett Packard Enterprise stock. The shares were sold at an average price of $13.53, for a total value of $746,856.00.
  • On Tuesday, September 26th, Henry Gomez sold 494,360 shares of Hewlett Packard Enterprise stock. The shares were sold at an average price of $14.87, for a total value of $7,351,133.20.

Hewlett Packard Enterprise Company (NYSE:HPE) traded down $0.09 on Wednesday, hitting $14.71. The stock had a trading volume of 8,602,456 shares, compared to its average volume of 12,188,665. Hewlett Packard Enterprise Company has a 12 month low of $12.81 and a 12 month high of $24.88. The company has a quick ratio of 1.01, a current ratio of 1.13 and a debt-to-equity ratio of 0.43. The company has a market capitalization of $23,740.00 and a PE ratio of 11.46.

Hewlett Packard Enterprise (NYSE:HPE) last posted its quarterly earnings data on Tuesday, November 21st. The technology company reported $0.31 earnings per share for the quarter, beating the consensus estimate of $0.28 by $0.03. Hewlett Packard Enterprise had a return on equity of 7.70% and a net margin of 0.93%. The company had revenue of $7.66 billion during the quarter, compared to analysts’ expectations of $7.78 billion. During the same period in the prior year, the business earned $0.61 earnings per share. Hewlett Packard Enterprise’s revenue for the quarter was up 4.6% compared to the same quarter last year. equities research analysts anticipate that Hewlett Packard Enterprise Company will post 1.19 EPS for the current fiscal year.

Hewlett Packard Enterprise announced that its board has authorized a stock repurchase plan on Wednesday, October 18th that allows the company to repurchase $5.00 billion in shares. This repurchase authorization allows the technology company to repurchase shares of its stock through open market purchases. Shares repurchase plans are typically a sign that the company’s management believes its shares are undervalued.

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, January 3rd. Stockholders of record on Wednesday, December 13th will be given a $0.075 dividend. This represents a $0.30 annualized dividend and a dividend yield of 2.04%. This is a boost from Hewlett Packard Enterprise’s previous quarterly dividend of $0.07. The ex-dividend date of this dividend is Tuesday, December 12th. Hewlett Packard Enterprise’s dividend payout ratio is currently 120.00%.

Several brokerages recently commented on HPE. Maxim Group reissued a “hold” rating and issued a $14.00 price target (down previously from $18.00) on shares of Hewlett Packard Enterprise in a research note on Wednesday, September 6th. Sanford C. Bernstein reissued a “buy” rating and issued a $18.00 price target on shares of Hewlett Packard Enterprise in a research note on Wednesday, November 22nd. Royal Bank of Canada lowered their price target on Hewlett Packard Enterprise from $20.00 to $15.00 and set a “sector perform” rating for the company in a research note on Wednesday, September 6th. BMO Capital Markets reissued a “market perform” rating and issued a $15.00 price target (down previously from $18.00) on shares of Hewlett Packard Enterprise in a research note on Wednesday, September 6th. Finally, J P Morgan Chase & Co reaffirmed a “neutral” rating and set a $14.00 target price on shares of Hewlett Packard Enterprise in a research report on Wednesday, September 6th. Two equities research analysts have rated the stock with a sell rating, twenty-two have assigned a hold rating and eleven have assigned a buy rating to the company’s stock. The stock presently has an average rating of “Hold” and an average price target of $16.04.

Several institutional investors and hedge funds have recently bought and sold shares of HPE. Global X Management Co. LLC boosted its position in shares of Hewlett Packard Enterprise by 24.8% in the second quarter. Global X Management Co. LLC now owns 12,765 shares of the technology company’s stock valued at $212,000 after acquiring an additional 2,538 shares during the period. Trexquant Investment LP bought a new stake in shares of Hewlett Packard Enterprise in the second quarter valued at approximately $239,000. GAM Holding AG boosted its position in shares of Hewlett Packard Enterprise by 64.0% in the second quarter. GAM Holding AG now owns 415,895 shares of the technology company’s stock valued at $6,900,000 after acquiring an additional 162,363 shares during the period. MUFG Americas Holdings Corp boosted its position in shares of Hewlett Packard Enterprise by 5.0% in the second quarter. MUFG Americas Holdings Corp now owns 84,264 shares of the technology company’s stock valued at $1,398,000 after acquiring an additional 4,050 shares during the period. Finally, Twin Capital Management Inc. boosted its position in shares of Hewlett Packard Enterprise by 9.8% in the second quarter. Twin Capital Management Inc. now owns 132,620 shares of the technology company’s stock valued at $2,200,000 after acquiring an additional 11,800 shares during the period. 83.37% of the stock is owned by institutional investors.

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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).

Insider Buying and Selling by Quarter for Hewlett Packard Enterprise (NYSE:HPE)

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