Swiss National Bank Has $86.16 Million Stake in Hewlett Packard Enterprise Co (HPE)
Swiss National Bank decreased its position in Hewlett Packard Enterprise Co (NYSE:HPE) by 1.5% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 6,000,292 shares of the technology company’s stock after selling 92,400 shares during the period. Swiss National Bank’s holdings in Hewlett Packard Enterprise were worth $86,164,000 at the end of the most recent quarter.
Other large investors have also recently modified their holdings of the company. WFG Advisors LP lifted its stake in shares of Hewlett Packard Enterprise by 15.3% in the second quarter. WFG Advisors LP now owns 6,043 shares of the technology company’s stock valued at $100,000 after purchasing an additional 801 shares during the period. Burke & Herbert Bank & Trust Co. lifted its stake in shares of Hewlett Packard Enterprise by 12.3% in the fourth quarter. Burke & Herbert Bank & Trust Co. now owns 30,840 shares of the technology company’s stock valued at $443,000 after purchasing an additional 3,380 shares during the period. Mutual of America Capital Management LLC lifted its stake in shares of Hewlett Packard Enterprise by 1.9% in the fourth quarter. Mutual of America Capital Management LLC now owns 198,411 shares of the technology company’s stock valued at $2,849,000 after purchasing an additional 3,711 shares during the period. Pacer Advisors Inc. raised its position in Hewlett Packard Enterprise by 10.3% during the third quarter. Pacer Advisors Inc. now owns 42,380 shares of the technology company’s stock worth $623,000 after acquiring an additional 3,970 shares during the last quarter. Finally, Xact Kapitalforvaltning AB raised its position in Hewlett Packard Enterprise by 1.6% during the third quarter. Xact Kapitalforvaltning AB now owns 271,431 shares of the technology company’s stock worth $3,993,000 after acquiring an additional 4,313 shares during the last quarter. 83.05% of the stock is currently owned by institutional investors and hedge funds.
In related news, Director Margaret C. Whitman sold 242,165 shares of the business’s stock in a transaction that occurred on Tuesday, February 6th. The shares were sold at an average price of $15.27, for a total value of $3,697,859.55. Following the completion of the sale, the director now directly owns 1,705,823 shares in the company, valued at $26,047,917.21. The transaction was disclosed in a legal filing with the SEC, which is available through the SEC website. Also, EVP Henry Gomez sold 805,214 shares of the business’s stock in a transaction that occurred on Wednesday, January 24th. The shares were sold at an average price of $16.58, for a total transaction of $13,350,448.12. Following the completion of the sale, the executive vice president now owns 363,278 shares of the company’s stock, valued at $6,023,149.24. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 1,407,123 shares of company stock valued at $22,389,810. 0.87% of the stock is owned by insiders.
Shares of Hewlett Packard Enterprise Co (NYSE:HPE) opened at $15.42 on Wednesday. Hewlett Packard Enterprise Co has a twelve month low of $12.81 and a twelve month high of $24.88. The stock has a market cap of $25,103.71, a P/E ratio of 73.67, a P/E/G ratio of 2.65 and a beta of 2.50. The company has a debt-to-equity ratio of 0.43, a current ratio of 1.13 and a quick ratio of 1.01.
Hewlett Packard Enterprise (NYSE:HPE) last released its earnings results on Tuesday, November 21st. The technology company reported $0.31 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.28 by $0.03. Hewlett Packard Enterprise had a net margin of 0.93% and a return on equity of 7.70%. The firm had revenue of $7.66 billion during the quarter, compared to the consensus estimate of $7.78 billion. During the same period in the previous year, the firm earned $0.61 earnings per share. Hewlett Packard Enterprise’s revenue was up 4.6% compared to the same quarter last year. equities analysts anticipate that Hewlett Packard Enterprise Co will post 1.19 EPS for the current year.
Hewlett Packard Enterprise announced that its board has initiated a share repurchase plan on Wednesday, October 18th that authorizes the company to repurchase $5.00 billion in shares. This repurchase authorization authorizes the technology company to repurchase shares of its stock through open market purchases. Stock repurchase plans are typically an indication that the company’s board believes its shares are undervalued.
The business also recently announced a quarterly dividend, which will be paid on Wednesday, April 4th. Investors of record on Wednesday, March 14th will be issued a $0.075 dividend. The ex-dividend date is Tuesday, March 13th. This represents a $0.30 dividend on an annualized basis and a yield of 1.95%. Hewlett Packard Enterprise’s payout ratio is 142.86%.
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About Hewlett Packard Enterprise
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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