Hewlett Packard Enterprise Co (NYSE:HPE) insider Antonio F. Neri sold 36,556 shares of the company’s stock in a transaction that occurred on Friday, August 17th. The stock was sold at an average price of $16.50, for a total transaction of $603,174.00. Following the sale, the insider now owns 170,721 shares in the company, valued at $2,816,896.50. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website.

Hewlett Packard Enterprise stock traded up $0.05 during mid-day trading on Monday, hitting $16.72. The company had a trading volume of 9,402,400 shares, compared to its average volume of 11,543,985. The firm has a market capitalization of $24.00 billion, a P/E ratio of 17.35, a P/E/G ratio of 1.18 and a beta of 1.75. Hewlett Packard Enterprise Co has a 1 year low of $12.81 and a 1 year high of $19.48. The company has a quick ratio of 0.89, a current ratio of 1.04 and a debt-to-equity ratio of 0.42.

Hewlett Packard Enterprise (NYSE:HPE) last announced its quarterly earnings results on Tuesday, May 22nd. The technology company reported $0.34 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $0.31 by $0.03. The company had revenue of $7.47 billion for the quarter, compared to analyst estimates of $7.39 billion. Hewlett Packard Enterprise had a net margin of 9.36% and a return on equity of 8.25%. The firm’s revenue was up 9.7% on a year-over-year basis. During the same period in the prior year, the firm posted $0.35 earnings per share. research analysts expect that Hewlett Packard Enterprise Co will post 1.44 earnings per share for the current fiscal year.

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, October 3rd. Stockholders of record on Wednesday, September 12th will be issued a $0.1125 dividend. This represents a $0.45 annualized dividend and a dividend yield of 2.69%. The ex-dividend date of this dividend is Tuesday, September 11th. Hewlett Packard Enterprise’s payout ratio is currently 46.88%.

A number of analysts recently weighed in on HPE shares. Wells Fargo & Co restated a “hold” rating on shares of Hewlett Packard Enterprise in a research note on Friday, May 25th. Zacks Investment Research upgraded shares of Hewlett Packard Enterprise from a “hold” rating to a “buy” rating and set a $17.00 target price on the stock in a research note on Monday, July 16th. Barclays restated a “sell” rating on shares of Hewlett Packard Enterprise in a research note on Wednesday, May 23rd. Pivotal Research restated a “hold” rating and set a $20.00 target price on shares of Hewlett Packard Enterprise in a research note on Wednesday, May 23rd. Finally, Oppenheimer set a $20.00 target price on shares of Hewlett Packard Enterprise and gave the stock a “buy” rating in a research note on Tuesday, May 22nd. Two research analysts have rated the stock with a sell rating, sixteen have assigned a hold rating and eight have given a buy rating to the company. The stock has an average rating of “Hold” and a consensus price target of $17.05.

Several hedge funds have recently bought and sold shares of HPE. Daiwa Securities Group Inc. boosted its holdings in shares of Hewlett Packard Enterprise by 7.5% in the first quarter. Daiwa Securities Group Inc. now owns 52,519 shares of the technology company’s stock valued at $921,000 after acquiring an additional 3,648 shares during the period. Hanson McClain Inc. boosted its holdings in shares of Hewlett Packard Enterprise by 18.7% in the first quarter. Hanson McClain Inc. now owns 18,576 shares of the technology company’s stock valued at $326,000 after acquiring an additional 2,929 shares during the period. NuWave Investment Management LLC boosted its holdings in shares of Hewlett Packard Enterprise by 64,068.1% in the first quarter. NuWave Investment Management LLC now owns 72,510 shares of the technology company’s stock valued at $1,321,000 after acquiring an additional 72,397 shares during the period. Polaris Capital Management LLC boosted its holdings in shares of Hewlett Packard Enterprise by 107.4% in the first quarter. Polaris Capital Management LLC now owns 1,395,900 shares of the technology company’s stock valued at $24,484,000 after acquiring an additional 722,700 shares during the period. Finally, Commerzbank Aktiengesellschaft FI boosted its holdings in shares of Hewlett Packard Enterprise by 9.2% in the first quarter. Commerzbank Aktiengesellschaft FI now owns 541,327 shares of the technology company’s stock valued at $9,495,000 after acquiring an additional 45,724 shares during the period. 81.53% of the stock is owned by institutional investors and hedge funds.

Hewlett Packard Enterprise Company Profile

Hewlett Packard Enterprise Company operates as a technology company. The company operates through four segments: Hybrid IT, Intelligent Edge, Financial Services, and Corporate Investments. The Hybrid IT segment provides industry standard servers, as well as mission-critical servers to address the full array of its customers' computing needs; converged storage solutions, including all-flash arrays and hybrid storage solutions; and traditional storage solutions comprising tape, storage networking, and legacy external disk products.

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

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