Valueworks LLC cut its holdings in shares of Hewlett Packard Enterprise Company (NYSE:HPE) by 0.8% during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 143,937 shares of the technology company’s stock after selling 1,092 shares during the quarter. Hewlett Packard Enterprise comprises 1.8% of Valueworks LLC’s investment portfolio, making the stock its 21st biggest position. Valueworks LLC’s holdings in Hewlett Packard Enterprise were worth $2,388,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also bought and sold shares of HPE. BlackRock Inc. boosted its position in Hewlett Packard Enterprise by 2,713.7% during the first quarter. BlackRock Inc. now owns 99,450,412 shares of the technology company’s stock worth $2,356,975,000 after acquiring an additional 95,915,907 shares during the last quarter. Dodge & Cox boosted its position in Hewlett Packard Enterprise by 12.2% during the second quarter. Dodge & Cox now owns 238,615,401 shares of the technology company’s stock worth $3,958,630,000 after acquiring an additional 25,852,541 shares during the last quarter. Hotchkis & Wiley Capital Management LLC boosted its position in Hewlett Packard Enterprise by 32.7% during the second quarter. Hotchkis & Wiley Capital Management LLC now owns 67,334,620 shares of the technology company’s stock worth $1,117,081,000 after acquiring an additional 16,592,308 shares during the last quarter. Victory Capital Management Inc. boosted its position in Hewlett Packard Enterprise by 145.3% during the second quarter. Victory Capital Management Inc. now owns 10,266,112 shares of the technology company’s stock worth $170,315,000 after acquiring an additional 6,081,628 shares during the last quarter. Finally, Primecap Management Co. CA boosted its position in Hewlett Packard Enterprise by 9.6% during the first quarter. Primecap Management Co. CA now owns 61,397,295 shares of the technology company’s stock worth $1,455,116,000 after acquiring an additional 5,394,147 shares during the last quarter. Hedge funds and other institutional investors own 81.34% of the company’s stock.

In related news, EVP Christopher P. Hsu sold 15,333 shares of Hewlett Packard Enterprise stock in a transaction on Thursday, July 20th. The shares were sold at an average price of $17.67, for a total value of $270,934.11. Following the completion of the sale, the executive vice president now owns 15,333 shares in the company, valued at $270,934.11. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, CEO Margaret C. Whitman sold 389,651 shares of Hewlett Packard Enterprise stock in a transaction on Wednesday, July 19th. The stock was sold at an average price of $17.47, for a total transaction of $6,807,202.97. Following the completion of the sale, the chief executive officer now owns 1,157,250 shares of the company’s stock, valued at approximately $20,217,157.50. The disclosure for this sale can be found here. In the last 90 days, insiders sold 4,255,362 shares of company stock valued at $66,291,207. Insiders own 0.87% of the company’s stock.

Shares of Hewlett Packard Enterprise Company (NYSE HPE) traded down 0.20% on Friday, hitting $14.80. 11,827,338 shares of the stock traded hands. The firm has a market cap of $23.97 billion, a P/E ratio of 205.56 and a beta of 2.71. Hewlett Packard Enterprise Company has a 12-month low of $12.26 and a 12-month high of $15.12. The firm’s 50-day moving average is $13.98 and its 200 day moving average is $13.79.

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

The business also recently declared a quarterly dividend, which was paid on Wednesday, October 4th. Investors of record on Wednesday, September 13th were paid a $0.065 dividend. The ex-dividend date was Tuesday, September 12th. This represents a $0.26 dividend on an annualized basis and a dividend yield of 1.76%. Hewlett Packard Enterprise’s dividend payout ratio (DPR) is presently 371.48%.

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A number of equities analysts recently weighed in on HPE shares. BidaskClub lowered shares of Hewlett Packard Enterprise from a “hold” rating to a “sell” rating in a research report on Tuesday, June 20th. CIBC lowered their price target on shares of Hewlett Packard Enterprise from $27.00 to $21.00 and set a “buy” rating on the stock in a research report on Tuesday, July 4th. Royal Bank Of Canada reaffirmed a “hold” rating and set a $20.00 target price on shares of Hewlett Packard Enterprise in a research note on Wednesday, July 12th. Mizuho reaffirmed a “buy” rating on shares of Hewlett Packard Enterprise in a research note on Wednesday, July 12th. Finally, Maxim Group reaffirmed a “hold” rating and set a $18.00 target price on shares of Hewlett Packard Enterprise in a research note on Friday, July 14th. Four investment analysts have rated the stock with a sell rating, seventeen have issued a hold rating, thirteen have issued a buy rating and one has assigned a strong buy rating to the company. Hewlett Packard Enterprise has an average rating of “Hold” and a consensus target price of $18.51.

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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