Schwab Charles Investment Management Inc. lifted its position in Hewlett Packard Enterprise Company (NYSE:HPE) by 3.1% during the 3rd quarter, according to its most recent disclosure with the SEC. The fund owned 6,111,912 shares of the technology company’s stock after purchasing an additional 183,567 shares during the period. Schwab Charles Investment Management Inc. owned about 0.38% of Hewlett Packard Enterprise worth $89,907,000 as of its most recent SEC filing.

Other institutional investors have also recently modified their holdings of the company. OMERS ADMINISTRATION Corp bought a new position in shares of Hewlett Packard Enterprise in the second quarter worth approximately $2,193,000. Synovus Financial Corp grew its holdings in shares of Hewlett Packard Enterprise by 11.5% in the second quarter. Synovus Financial Corp now owns 254,871 shares of the technology company’s stock worth $4,226,000 after purchasing an additional 26,288 shares during the last quarter. Motco grew its holdings in shares of Hewlett Packard Enterprise by 929.3% in the second quarter. Motco now owns 10,633 shares of the technology company’s stock worth $176,000 after purchasing an additional 9,600 shares during the last quarter. Budros Ruhlin & Roe Inc. grew its holdings in shares of Hewlett Packard Enterprise by 1.4% in the second quarter. Budros Ruhlin & Roe Inc. now owns 24,657 shares of the technology company’s stock worth $409,000 after purchasing an additional 352 shares during the last quarter. Finally, JPMorgan Chase & Co. grew its holdings in shares of Hewlett Packard Enterprise by 40.4% in the second quarter. JPMorgan Chase & Co. now owns 15,073,920 shares of the technology company’s stock worth $250,075,000 after purchasing an additional 4,339,462 shares during the last quarter. Hedge funds and other institutional investors own 82.21% of the company’s stock.

Hewlett Packard Enterprise Company (NYSE HPE) opened at $14.44 on Friday. The company has a current ratio of 1.13, a quick ratio of 1.01 and a debt-to-equity ratio of 0.43. The company has a market capitalization of $23,390.00 and a price-to-earnings ratio of 10.73. Hewlett Packard Enterprise Company has a 52-week low of $12.81 and a 52-week high of $19.16.

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

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, January 3rd. Shareholders of record on Wednesday, December 13th will be given a dividend of $0.075 per share. The ex-dividend date of this dividend is Tuesday, December 12th. This represents a $0.30 annualized dividend and a yield of 2.08%. This is a positive change from Hewlett Packard Enterprise’s previous quarterly dividend of $0.07. Hewlett Packard Enterprise’s dividend payout ratio (DPR) is currently 96.30%.

Hewlett Packard Enterprise declared that its board has initiated a stock repurchase program on Wednesday, October 18th that authorizes the company to repurchase $5.00 billion in shares. This repurchase authorization authorizes the technology company to buy shares of its stock through open market purchases. Shares repurchase programs are generally an indication that the company’s board of directors believes its shares are undervalued.

Several research analysts have recently issued reports on the stock. Sanford C. Bernstein restated a “buy” rating and issued a $18.00 target price on shares of Hewlett Packard Enterprise in a report on Wednesday, November 22nd. Gabelli restated a “buy” rating on shares of Hewlett Packard Enterprise in a report on Wednesday, November 22nd. Maxim Group restated a “hold” rating and issued a $15.00 target price on shares of Hewlett Packard Enterprise in a report on Wednesday, November 22nd. Royal Bank Of Canada reaffirmed a “hold” rating on shares of Hewlett Packard Enterprise in a research note on Wednesday, November 22nd. Finally, UBS reaffirmed a “hold” rating and issued a $15.00 price target on shares of Hewlett Packard Enterprise in a research note on Wednesday, November 22nd. Two equities research analysts have rated the stock with a sell rating, twenty-two have assigned a hold rating, eleven have given a buy rating and one has assigned a strong buy rating to the company. Hewlett Packard Enterprise has a consensus rating of “Hold” and a consensus target price of $17.31.

In other Hewlett Packard Enterprise news, CEO Margaret C. Whitman sold 249,052 shares of the firm’s stock in a transaction on Thursday, September 14th. The stock was sold at an average price of $13.14, for a total transaction of $3,272,543.28. Following the completion of the transaction, the chief executive officer now owns 892,118 shares of the company’s stock, valued at $11,722,430.52. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link. Also, CEO Margaret C. Whitman sold 249,023 shares of the firm’s stock in a transaction on Monday, September 18th. The shares were sold at an average price of $13.67, for a total value of $3,404,144.41. Following the transaction, the chief executive officer now directly owns 1,016,622 shares of the company’s stock, valued at approximately $13,897,222.74. The disclosure for this sale can be found here. Insiders have sold 2,920,273 shares of company stock valued at $41,288,784 in the last three months. Insiders own 0.87% of the company’s stock.

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About Hewlett Packard Enterprise

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).

Institutional Ownership by Quarter for Hewlett Packard Enterprise (NYSE:HPE)

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