TD Asset Management Inc. decreased its position in Hewlett Packard Enterprise Company (NYSE:HPE) by 15.1% during the second quarter, Holdings Channel reports. The fund owned 617,852 shares of the technology company’s stock after selling 110,047 shares during the period. TD Asset Management Inc.’s holdings in Hewlett Packard Enterprise were worth $10,250,000 at the end of the most recent reporting period.

Other institutional investors also recently made changes to their positions in the company. Reilly Financial Advisors LLC raised its position in shares of Hewlett Packard Enterprise by 5.3% in the first quarter. Reilly Financial Advisors LLC now owns 5,002 shares of the technology company’s stock worth $119,000 after buying an additional 250 shares during the last quarter. State of Alaska Department of Revenue bought a new position in shares of Hewlett Packard Enterprise during the first quarter worth about $125,000. Harfst & Associates Inc. bought a new position in shares of Hewlett Packard Enterprise during the first quarter worth about $127,000. James Investment Research Inc. raised its position in shares of Hewlett Packard Enterprise by 8.8% in the first quarter. James Investment Research Inc. now owns 5,580 shares of the technology company’s stock worth $132,000 after buying an additional 450 shares during the last quarter. Finally, YorkBridge Wealth Partners LLC raised its position in shares of Hewlett Packard Enterprise by 12.1% in the first quarter. YorkBridge Wealth Partners LLC now owns 6,257 shares of the technology company’s stock worth $117,000 after buying an additional 675 shares during the last quarter. Institutional investors own 79.80% of the company’s stock.

Hewlett Packard Enterprise Company (NYSE HPE) opened at 17.58 on Tuesday. The firm has a market cap of $28.88 billion, a PE ratio of 13.33 and a beta of 2.74. Hewlett Packard Enterprise Company has a one year low of $15.49 and a one year high of $19.16. The company’s 50-day moving average is $17.23 and its 200 day moving average is $17.63.

Hewlett Packard Enterprise (NYSE:HPE) last announced its quarterly earnings results on Wednesday, May 31st. The technology company reported $0.35 EPS for the quarter, meeting the Zacks’ consensus estimate of $0.35. The business had revenue of $9.90 billion during the quarter, compared to analyst estimates of $9.75 billion. Hewlett Packard Enterprise had a net margin of 4.85% and a return on equity of 9.80%. Hewlett Packard Enterprise’s quarterly revenue was down 22.1% on a year-over-year basis. During the same quarter in the previous year, the business posted $0.42 EPS. Equities analysts anticipate that Hewlett Packard Enterprise Company will post $1.45 earnings per share for the current year.

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, October 4th. Shareholders of record on Wednesday, September 13th will be paid a dividend of $0.065 per share. The ex-dividend date is Tuesday, September 12th. This represents a $0.26 dividend on an annualized basis and a yield of 1.48%. Hewlett Packard Enterprise’s dividend payout ratio (DPR) is presently 20.16%.

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A number of brokerages have recently issued reports on HPE. BidaskClub upgraded shares of Hewlett Packard Enterprise from a “sell” rating to a “hold” rating in a research report on Monday. Barclays PLC reissued an “underweight” rating and set a $17.00 price target (down from $18.00) on shares of Hewlett Packard Enterprise in a research note on Thursday, June 1st. Robert W. Baird reissued a “hold” rating on shares of Hewlett Packard Enterprise in a research note on Thursday, June 1st. Morgan Stanley reissued an “equal weight” rating and set a $18.00 price target (up from $17.00) on shares of Hewlett Packard Enterprise in a research note on Thursday, June 1st. Finally, Stifel Nicolaus reissued a “hold” rating and set a $20.00 price target on shares of Hewlett Packard Enterprise in a research note on Friday, May 26th. Two research analysts have rated the stock with a sell rating, sixteen have given a hold rating, twelve have issued a buy rating and one has given a strong buy rating to the company’s stock. The company has a consensus rating of “Hold” and a consensus target price of $21.87.

In other Hewlett Packard Enterprise news, EVP Christopher P. Hsu sold 11,515 shares of the business’s stock in a transaction on Wednesday, May 31st. The shares were sold at an average price of $18.80, for a total transaction of $216,482.00. Following the completion of the sale, the executive vice president now owns 24,083 shares in the company, valued at approximately $452,760.40. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, SVP Jeff T. Ricci sold 6,460 shares of the business’s stock in a transaction on Thursday, May 25th. The shares were sold at an average price of $18.99, for a total transaction of $122,675.40. Following the sale, the senior vice president now owns 10,352 shares of the company’s stock, valued at approximately $196,584.48. The disclosure for this sale can be found here. Insiders have sold a total of 1,591,984 shares of company stock valued at $27,663,922 in the last 90 days. 0.87% of the stock is currently owned by company insiders.

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

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