Sentry Investment Management LLC held its position in shares of Hewlett Packard Enterprise Company (NYSE:HPE) during the second quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 129,987 shares of the technology company’s stock at the close of the second quarter. Sentry Investment Management LLC’s holdings in Hewlett Packard Enterprise were worth $2,156,000 at the end of the most recent quarter.

Other institutional investors have also bought and sold shares of the company. WFG Advisors LP grew 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 buying an additional 801 shares during the last quarter. Archford Capital Strategies LLC grew its position in Hewlett Packard Enterprise by 6,858.7% in the second quarter. Archford Capital Strategies LLC now owns 7,585 shares of the technology company’s stock worth $101,000 after buying an additional 7,476 shares during the last quarter. YorkBridge Wealth Partners LLC grew 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 buying an additional 200 shares during the last quarter. Whittier Trust Co. of Nevada Inc. grew its position in Hewlett Packard Enterprise by 4.1% in the second quarter. Whittier Trust Co. of Nevada Inc. now owns 6,713 shares of the technology company’s stock worth $111,000 after buying an additional 266 shares during the last quarter. Finally, Harfst & Associates Inc. acquired a new position in Hewlett Packard Enterprise in the first quarter worth approximately $127,000. Hedge funds and other institutional investors own 81.34% of the company’s stock.

TRADEMARK VIOLATION WARNING: This piece was first reported by Watch List News and is owned by of Watch List News. If you are reading this piece on another site, it was illegally copied and reposted in violation of international copyright & trademark legislation. The correct version of this piece can be viewed at https://www.watchlistnews.com/sentry-investment-management-llc-continues-to-hold-stake-in-hewlett-packard-enterprise-company-hpe/1636776.html.

Several research analysts have issued reports on the stock. Pivotal Research assumed coverage on shares of Hewlett Packard Enterprise in a research report on Tuesday. They issued a “hold” rating and a $14.00 price target on the stock. Citigroup Inc. lowered shares of Hewlett Packard Enterprise from a “buy” rating to a “neutral” rating and lifted their price target for the stock from $14.80 to $16.00 in a research report on Friday. Royal Bank Of Canada restated a “hold” rating and issued a $15.00 price target on shares of Hewlett Packard Enterprise in a research report on Wednesday, October 11th. Sanford C. Bernstein restated an “outperform” rating and issued a $18.00 price target on shares of Hewlett Packard Enterprise in a research report on Tuesday, October 10th. Finally, Barclays PLC restated a “sell” rating and issued a $14.00 price target on shares of Hewlett Packard Enterprise in a research report on Friday, September 8th. Three equities research analysts have rated the stock with a sell rating, nineteen have issued a hold rating, thirteen have issued a buy rating and one has assigned a strong buy rating to the stock. Hewlett Packard Enterprise currently has a consensus rating of “Hold” and an average price target of $18.05.

Hewlett Packard Enterprise Company (NYSE HPE) traded down 1.851% during trading on Tuesday, hitting $14.585. 3,342,164 shares of the stock traded hands. Hewlett Packard Enterprise Company has a one year low of $12.26 and a one year high of $15.12. The company’s 50 day moving average is $14.17 and its 200 day moving average is $13.86. The company has a market capitalization of $23.62 billion, a P/E ratio of 202.569 and a beta of 2.72.

Hewlett Packard Enterprise (NYSE:HPE) last released its earnings results on Tuesday, September 5th. The technology company reported $0.30 earnings per share for the quarter, beating analysts’ consensus estimates of $0.26 by $0.04. The business had revenue of $8.21 billion during the quarter, compared to the consensus estimate of $7.49 billion. Hewlett Packard Enterprise had a net margin of 0.29% and a return on equity of 9.04%. The firm’s revenue for the quarter was up 2.5% compared to the same quarter last year. During the same quarter last year, the firm earned $0.49 earnings per share. On average, equities analysts forecast that Hewlett Packard Enterprise Company will post $1.40 EPS for the current fiscal year.

The firm also recently announced a quarterly dividend, which was paid on Wednesday, October 4th. Investors of record on Wednesday, September 13th were given a $0.065 dividend. This represents a $0.26 dividend on an annualized basis and a yield of 1.75%. The ex-dividend date was Tuesday, September 12th. Hewlett Packard Enterprise’s dividend payout ratio (DPR) is currently 371.48%.

In related news, CEO Margaret C. Whitman sold 389,668 shares of the firm’s stock in a transaction on Wednesday, July 26th. The shares were sold at an average price of $17.82, for a total value of $6,943,883.76. Following the completion of the transaction, the chief executive officer now owns 962,433 shares of the company’s stock, valued at $17,150,556.06. The transaction was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. Also, EVP Christopher P. Hsu sold 15,333 shares of the firm’s stock in a transaction on Thursday, July 20th. The shares were sold at an average price of $17.67, for a total transaction of $270,934.11. Following the completion of the transaction, the executive vice president now directly owns 15,333 shares of the company’s stock, valued at approximately $270,934.11. The disclosure for this sale can be found here. In the last ninety days, insiders sold 4,060,518 shares of company stock valued at $63,031,467. 0.87% of the stock is owned by insiders.

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).

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

Receive News & Ratings for Hewlett Packard Enterprise Company Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Hewlett Packard Enterprise Company and related companies with Analyst Ratings Network's FREE daily email newsletter.