Sun Life Financial INC grew its holdings in shares of Hewlett Packard Enterprise Company (NYSE:HPE) by 58,028.6% in the second quarter, according to its most recent filing with the SEC. The firm owned 12,207 shares of the technology company’s stock after acquiring an additional 12,186 shares during the quarter. Sun Life Financial INC’s holdings in Hewlett Packard Enterprise were worth $203,000 as of its most recent SEC filing.

Other hedge funds have also made changes to their positions in the company. YorkBridge Wealth Partners LLC grew its stake in shares of 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 in the last quarter. Whittier Trust Co. of Nevada Inc. increased its holdings in shares of Hewlett Packard Enterprise by 4.1% during the second quarter. Whittier Trust Co. of Nevada Inc. now owns 6,713 shares of the technology company’s stock valued at $111,000 after purchasing an additional 266 shares during the period. Harfst & Associates Inc. acquired a new position in shares of Hewlett Packard Enterprise during the first quarter valued at $127,000. State of Alaska Department of Revenue increased its holdings in shares of Hewlett Packard Enterprise by 55.1% during the second quarter. State of Alaska Department of Revenue now owns 8,224 shares of the technology company’s stock valued at $136,000 after purchasing an additional 2,920 shares during the period. Finally, D.A. Davidson & CO. increased its holdings in shares of Hewlett Packard Enterprise by 13.2% during the second quarter. D.A. Davidson & CO. now owns 8,300 shares of the technology company’s stock valued at $137,000 after purchasing an additional 966 shares during the period. Institutional investors own 81.34% of the company’s stock.

Hewlett Packard Enterprise Company (NYSE:HPE) traded up 0.95% during mid-day trading on Monday, hitting $14.85. The stock had a trading volume of 2,095,714 shares. Hewlett Packard Enterprise Company has a 1-year low of $12.26 and a 1-year high of $14.87. The company has a 50-day moving average price of $13.61 and a 200 day moving average price of $13.67. The company has a market cap of $24.05 billion, a P/E ratio of 206.25 and a beta of 2.72.

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

The company also recently declared a quarterly dividend, which will be paid on Wednesday, October 4th. Investors of record on Wednesday, September 13th will be given a $0.065 dividend. The ex-dividend date of this dividend is Tuesday, September 12th. This represents a $0.26 dividend on an annualized basis and a dividend yield of 1.77%. Hewlett Packard Enterprise’s dividend payout ratio is 371.48%.

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A number of equities research analysts recently weighed in on HPE shares. Mizuho restated a “buy” rating on shares of Hewlett Packard Enterprise in a research note on Wednesday, July 12th. CIBC decreased their target price on shares of Hewlett Packard Enterprise from $27.00 to $21.00 and set a “buy” rating for the company in a research report on Tuesday, July 4th. Jefferies Group LLC reissued a “buy” rating and set a $22.00 target price on shares of Hewlett Packard Enterprise in a research note on Saturday, July 22nd. Oppenheimer Holdings, Inc. reissued a “buy” rating and set a $17.00 target price on shares of Hewlett Packard Enterprise in a research note on Friday, September 1st. Finally, ValuEngine raised shares of Hewlett Packard Enterprise from a “hold” rating to a “buy” rating in a research note on Friday, September 1st. Four analysts have rated the stock with a sell rating, seventeen have issued a hold rating, thirteen have given a buy rating and one has issued a strong buy rating to the company. The stock has an average rating of “Hold” and a consensus price target of $18.79.

In other Hewlett Packard Enterprise news, CEO Margaret C. Whitman sold 1,494,094 shares of the company’s stock in a transaction that occurred on Friday, September 22nd. The shares were sold at an average price of $14.27, for a total value of $21,320,721.38. Following the completion of the sale, the chief executive officer now owns 1,514,639 shares of the company’s stock, valued at $21,613,898.53. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, EVP Christopher P. Hsu sold 15,333 shares of the company’s stock in a transaction that occurred 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 sale, 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. Insiders sold a total of 4,255,362 shares of company stock worth $66,291,207 over the last quarter. 0.87% of the stock is currently owned by corporate insiders.

Hewlett Packard Enterprise 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 (NYSE:HPE)

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