Gateway Investment Advisers LLC decreased its stake in shares of Hewlett Packard Enterprise Company (NYSE:HPE) by 0.8% during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 238,895 shares of the technology company’s stock after selling 1,991 shares during the period. Gateway Investment Advisers LLC’s holdings in Hewlett Packard Enterprise Company were worth $3,963,000 as of its most recent filing with the SEC.

Other hedge funds have also recently made changes to their positions in the company. Thrivent Financial for Lutherans increased its stake in shares of Hewlett Packard Enterprise Company by 6.0% in the fourth quarter. Thrivent Financial for Lutherans now owns 58,261 shares of the technology company’s stock valued at $1,348,000 after buying an additional 3,310 shares during the last quarter. Dodge & Cox purchased a new stake in shares of Hewlett Packard Enterprise Company during the fourth quarter valued at approximately $4,831,636,000. River & Mercantile Asset Management LLP purchased a new stake in shares of Hewlett Packard Enterprise Company during the fourth quarter valued at approximately $310,000. Wealthfront Inc. increased its stake in shares of Hewlett Packard Enterprise Company by 9.2% in the fourth quarter. Wealthfront Inc. now owns 38,011 shares of the technology company’s stock valued at $880,000 after buying an additional 3,195 shares during the last quarter. Finally, UBS Asset Management Americas Inc. increased its stake in shares of Hewlett Packard Enterprise Company by 12.9% in the fourth quarter. UBS Asset Management Americas Inc. now owns 9,428,134 shares of the technology company’s stock valued at $218,168,000 after buying an additional 1,078,574 shares during the last quarter. Hedge funds and other institutional investors own 80.87% of the company’s stock.

Shares of Hewlett Packard Enterprise Company (NYSE:HPE) opened at 17.19 on Monday. The company has a market cap of $28.24 billion, a price-to-earnings ratio of 13.03 and a beta of 2.75. The company’s 50-day moving average is $17.65 and its 200-day moving average is $17.65. Hewlett Packard Enterprise Company has a one year low of $14.76 and a one year high of $19.16.

Hewlett Packard Enterprise Company (NYSE:HPE) last announced its earnings results on Wednesday, May 31st. The technology company reported $0.35 earnings per share for the quarter, hitting the Thomson Reuters’ consensus estimate of $0.35. The company had revenue of $9.90 billion during the quarter, compared to analyst estimates of $9.75 billion. Hewlett Packard Enterprise Company had a net margin of 4.85% and a return on equity of 9.80%. Hewlett Packard Enterprise Company’s revenue was down 22.1% compared to the same quarter last year. During the same quarter last year, the firm posted $0.42 earnings per share. On average, equities analysts predict that Hewlett Packard Enterprise Company will post $1.43 EPS for the current year.

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A number of brokerages have issued reports on HPE. BMO Capital Markets reiterated a “hold” rating and issued a $24.00 price target on shares of Hewlett Packard Enterprise Company in a report on Wednesday, March 29th. Jefferies Group LLC reduced their price target on shares of Hewlett Packard Enterprise Company from $27.00 to $22.00 and set a “buy” rating on the stock in a report on Tuesday, April 4th. Berenberg Bank began coverage on shares of Hewlett Packard Enterprise Company in a report on Tuesday, April 4th. They issued a “hold” rating and a $17.00 price target on the stock. Credit Suisse Group reiterated a “hold” rating and issued a $21.00 price target on shares of Hewlett Packard Enterprise Company in a report on Tuesday, April 4th. Finally, Oppenheimer Holdings, Inc. set a $21.00 price target on shares of Hewlett Packard Enterprise Company and gave the company a “buy” rating in a report on Wednesday, April 5th. Two research analysts have rated the stock with a sell rating, sixteen have given a hold rating, thirteen have assigned a buy rating and one has assigned a strong buy rating to the company’s stock. The stock currently has a consensus rating of “Hold” and an average price target of $21.99.

In other news, EVP Christopher P. Hsu sold 72,935 shares of the firm’s stock in a transaction that occurred on Monday, April 24th. The shares were sold at an average price of $18.28, for a total value of $1,333,251.80. Following the completion of the transaction, the executive vice president now owns 82,582 shares of the company’s stock, valued at $1,509,598.96. The transaction was disclosed in a legal filing with the SEC, which is available at the SEC website. Also, SVP Jeff T. Ricci sold 31,695 shares of the firm’s stock in a transaction that occurred on Monday, April 24th. The shares were sold at an average price of $18.23, for a total transaction of $577,799.85. Following the completion of the transaction, the senior vice president now directly owns 31,695 shares of the company’s stock, valued at approximately $577,799.85. The disclosure for this sale can be found here. In the last three months, insiders sold 532,637 shares of company stock valued at $9,150,294. Insiders own 0.87% of the company’s stock.

Hewlett Packard Enterprise Company 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).

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

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