Public Employees Retirement System of Ohio lowered its stake in Hewlett Packard Enterprise Co (NYSE:HPE) by 1.0% in the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 1,035,806 shares of the technology company’s stock after selling 10,783 shares during the period. Public Employees Retirement System of Ohio owned 0.07% of Hewlett Packard Enterprise worth $15,133,000 at the end of the most recent quarter.

Other institutional investors also recently modified their holdings of the company. Harfst & Associates Inc. acquired a new stake in shares of Hewlett Packard Enterprise in the second quarter valued at approximately $158,000. Howard Capital Management Inc. increased its holdings in shares of Hewlett Packard Enterprise by 4,348.2% in the first quarter. Howard Capital Management Inc. now owns 629,026 shares of the technology company’s stock valued at $11,035,000 after purchasing an additional 614,885 shares in the last quarter. Deroy & Devereaux Private Investment Counsel Inc. increased its holdings in shares of Hewlett Packard Enterprise by 2.6% in the second quarter. Deroy & Devereaux Private Investment Counsel Inc. now owns 761,962 shares of the technology company’s stock valued at $11,132,000 after purchasing an additional 19,182 shares in the last quarter. First Trust Advisors LP increased its holdings in shares of Hewlett Packard Enterprise by 17.0% in the second quarter. First Trust Advisors LP now owns 8,603,281 shares of the technology company’s stock valued at $125,694,000 after purchasing an additional 1,250,834 shares in the last quarter. Finally, Virginia Retirement Systems ET AL acquired a new stake in shares of Hewlett Packard Enterprise in the second quarter valued at approximately $2,452,000. 82.77% of the stock is owned by institutional investors and hedge funds.

A number of analysts recently weighed in on the stock. Zacks Investment Research lowered shares of Hewlett Packard Enterprise from a “buy” rating to a “hold” rating in a report on Friday, August 31st. Raymond James reduced their price objective on shares of Hewlett Packard Enterprise from $24.00 to $21.00 and set an “outperform” rating on the stock in a research note on Wednesday, August 29th. BMO Capital Markets reduced their price objective on shares of Hewlett Packard Enterprise from $19.00 to $18.00 and set a “market perform” rating on the stock in a research note on Wednesday, August 29th. Deutsche Bank raised their price objective on shares of Hewlett Packard Enterprise from $22.00 to $23.00 and gave the company a “buy” rating in a research note on Wednesday, August 29th. Finally, Maxim Group reaffirmed a “hold” rating and issued a $18.00 price objective on shares of Hewlett Packard Enterprise in a research note on Wednesday, August 29th. Two analysts have rated the stock with a sell rating, sixteen have given a hold rating and seven have issued a buy rating to the company’s stock. Hewlett Packard Enterprise presently has an average rating of “Hold” and a consensus price target of $17.79.

In other news, CFO Timothy C. Stonesifer sold 479,142 shares of Hewlett Packard Enterprise stock in a transaction on Friday, September 14th. The shares were sold at an average price of $16.57, for a total transaction of $7,939,382.94. Following the transaction, the chief financial officer now directly owns 637,868 shares of the company’s stock, valued at $10,569,472.76. The sale was disclosed in a legal filing with the SEC, which is available at the SEC website. Also, Director Margaret C. Whitman sold 337,000 shares of Hewlett Packard Enterprise stock in a transaction on Wednesday, June 27th. The stock was sold at an average price of $15.08, for a total transaction of $5,081,960.00. Following the transaction, the director now directly owns 382,639 shares in the company, valued at $5,770,196.12. The disclosure for this sale can be found here. Over the last three months, insiders have sold 1,532,296 shares of company stock worth $23,914,780. Insiders own 1.18% of the company’s stock.

Shares of NYSE HPE opened at $17.02 on Monday. The firm has a market cap of $25.05 billion, a PE ratio of 17.73, a PEG ratio of 1.13 and a beta of 1.77. Hewlett Packard Enterprise Co has a twelve month low of $12.81 and a twelve month high of $19.48. The company has a current ratio of 1.00, a quick ratio of 0.84 and a debt-to-equity ratio of 0.42.

Hewlett Packard Enterprise (NYSE:HPE) last announced its quarterly earnings results on Tuesday, August 28th. The technology company reported $0.44 earnings per share for the quarter, topping analysts’ consensus estimates of $0.37 by $0.07. The company had revenue of $7.76 billion for the quarter, compared to analysts’ expectations of $7.67 billion. Hewlett Packard Enterprise had a net margin of 10.43% and a return on equity of 9.38%. The business’s quarterly revenue was up 3.5% compared to the same quarter last year. During the same period last year, the firm posted $0.30 earnings per share. equities analysts anticipate that Hewlett Packard Enterprise Co will post 1.54 earnings per share for the current fiscal year.

The company also recently declared a quarterly dividend, which will be paid on Wednesday, January 2nd. Stockholders of record on Wednesday, December 12th will be given a dividend of $0.1125 per share. The ex-dividend date of this dividend is Tuesday, December 11th. This represents a $0.45 dividend on an annualized basis and a dividend yield of 2.64%. Hewlett Packard Enterprise’s dividend payout ratio is 46.88%.

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

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