Lingohr & Partner Asset Management GmbH boosted its position in Hewlett Packard Enterprise Co (NYSE:HPE) by 17.4% during the 4th quarter, Holdings Channel reports. The firm owned 81,826 shares of the technology company’s stock after purchasing an additional 12,124 shares during the period. Lingohr & Partner Asset Management GmbH’s holdings in Hewlett Packard Enterprise were worth $1,175,000 as of its most recent filing with the SEC.

A number of other large investors have also recently made changes to their positions in the business. YorkBridge Wealth Partners LLC boosted its position in Hewlett Packard Enterprise by 3.2% in the second quarter. YorkBridge Wealth Partners LLC now owns 6,457 shares of the technology company’s stock worth $108,000 after purchasing an additional 200 shares during the last quarter. Westside Investment Management Inc. boosted its position in Hewlett Packard Enterprise by 1.5% in the second quarter. Westside Investment Management Inc. now owns 17,432 shares of the technology company’s stock worth $292,000 after purchasing an additional 250 shares during the last quarter. Meridian Investment Counsel Inc. boosted its position in Hewlett Packard Enterprise by 1.5% in the second quarter. Meridian Investment Counsel Inc. now owns 23,557 shares of the technology company’s stock worth $391,000 after purchasing an additional 350 shares during the last quarter. WFG Advisors LP boosted its position in Hewlett Packard Enterprise by 15.3% in the second quarter. WFG Advisors LP now owns 6,043 shares of the technology company’s stock worth $100,000 after purchasing an additional 801 shares during the last quarter. Finally, D.A. Davidson & CO. boosted its position in Hewlett Packard Enterprise by 13.2% in the second quarter. D.A. Davidson & CO. now owns 8,300 shares of the technology company’s stock worth $137,000 after purchasing an additional 966 shares during the last quarter. 83.42% of the stock is currently owned by institutional investors and hedge funds.

Hewlett Packard Enterprise Co (HPE) traded down $0.10 during trading hours on Friday, reaching $15.97. The company’s stock had a trading volume of 9,774,600 shares, compared to its average volume of 10,774,158. The company has a current ratio of 1.13, a quick ratio of 1.01 and a debt-to-equity ratio of 0.43. Hewlett Packard Enterprise Co has a 1-year low of $12.81 and a 1-year high of $24.88. The company has a market cap of $25,450.00 and a P/E ratio of 63.88.

Hewlett Packard Enterprise (NYSE:HPE) last released its quarterly earnings data on Tuesday, November 21st. The technology company reported $0.31 earnings per share (EPS) for the quarter, topping the Zacks’ 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 business had revenue of $7.66 billion for the quarter, compared to the consensus estimate of $7.78 billion. During the same quarter in the previous year, the company posted $0.61 EPS. The company’s revenue was up 4.6% compared to the same quarter last year. equities research analysts expect that Hewlett Packard Enterprise Co will post 1.19 EPS for the current fiscal year.

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

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, April 4th. Shareholders of record on Wednesday, March 14th will be paid a $0.075 dividend. This represents a $0.30 dividend on an annualized basis and a yield of 1.88%. Hewlett Packard Enterprise’s payout ratio is 120.00%.

In other Hewlett Packard Enterprise news, CEO Margaret C. Whitman sold 235,050 shares of Hewlett Packard Enterprise stock in a transaction that occurred on Wednesday, November 1st. The stock was sold at an average price of $13.81, for a total value of $3,246,040.50. Following the sale, the chief executive officer now owns 980,346 shares of the company’s stock, valued at approximately $13,538,578.26. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink. Also, EVP Alan Richard May sold 50,158 shares of Hewlett Packard Enterprise stock in a transaction that occurred on Friday, January 12th. The stock was sold at an average price of $15.50, for a total value of $777,449.00. The disclosure for this sale can be found here. In the last ninety days, insiders sold 793,488 shares of company stock worth $11,281,745. Corporate insiders own 0.87% of the company’s stock.

Several research analysts have issued reports on HPE shares. KeyCorp reissued a “hold” rating on shares of Hewlett Packard Enterprise in a research report on Friday, October 20th. Royal Bank of Canada reissued a “hold” rating and issued a $15.00 target price on shares of Hewlett Packard Enterprise in a research report on Wednesday, October 11th. UBS Group cut Hewlett Packard Enterprise from a “buy” rating to a “neutral” rating and dropped their target price for the stock from $16.00 to $15.00 in a research report on Friday, October 20th. Robert W. Baird reissued a “hold” rating and issued a $16.00 target price on shares of Hewlett Packard Enterprise in a research report on Thursday, October 19th. Finally, Zacks Investment Research raised Hewlett Packard Enterprise from a “strong sell” rating to a “hold” rating in a research report on Tuesday, October 31st. Three investment analysts have rated the stock with a sell rating, twenty have given a hold rating and ten have given a buy rating to the company’s stock. The company has an average rating of “Hold” and a consensus price target of $16.04.

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Hewlett Packard Enterprise 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 (NYSE:HPE)

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