Unigestion Holding SA Has $594,000 Stock Position in Hewlett Packard Enterprise Co (NYSE:HPE)

Unigestion Holding SA lowered its position in shares of Hewlett Packard Enterprise Co (NYSE:HPE) by 3.8% in the third quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 39,167 shares of the technology company’s stock after selling 1,548 shares during the quarter. Unigestion Holding SA’s holdings in Hewlett Packard Enterprise were worth $594,000 at the end of the most recent reporting period.

Other large investors have also recently added to or reduced their stakes in the company. First Mercantile Trust Co. raised its stake in shares of Hewlett Packard Enterprise by 9.3% during the 3rd quarter. First Mercantile Trust Co. now owns 8,108 shares of the technology company’s stock worth $123,000 after purchasing an additional 688 shares in the last quarter. Keybank National Association OH raised its stake in shares of Hewlett Packard Enterprise by 1.1% during the 2nd quarter. Keybank National Association OH now owns 68,230 shares of the technology company’s stock worth $1,020,000 after purchasing an additional 710 shares in the last quarter. Daiwa Securities Group Inc. raised its stake in shares of Hewlett Packard Enterprise by 1.3% during the 3rd quarter. Daiwa Securities Group Inc. now owns 56,429 shares of the technology company’s stock worth $856,000 after purchasing an additional 740 shares in the last quarter. Farmers Trust Co. raised its stake in shares of Hewlett Packard Enterprise by 7.5% during the 3rd quarter. Farmers Trust Co. now owns 10,760 shares of the technology company’s stock worth $164,000 after purchasing an additional 749 shares in the last quarter. Finally, MML Investors Services LLC raised its stake in shares of Hewlett Packard Enterprise by 4.4% during the 2nd quarter. MML Investors Services LLC now owns 19,580 shares of the technology company’s stock worth $293,000 after purchasing an additional 832 shares in the last quarter. 81.57% of the stock is owned by hedge funds and other institutional investors.

A number of equities research analysts have recently issued reports on the company. ValuEngine upgraded Hewlett Packard Enterprise from a “strong sell” rating to a “sell” rating in a research note on Monday, November 4th. UBS Group set a $15.00 price target on Hewlett Packard Enterprise and gave the company a “sell” rating in a research note on Monday, September 30th. Loop Capital dropped their price target on Hewlett Packard Enterprise to $19.00 and set a “buy” rating on the stock in a research note on Wednesday, August 28th. Susquehanna Bancshares set a $15.00 price target on Hewlett Packard Enterprise and gave the company a “hold” rating in a research note on Friday, September 13th. Finally, Daiwa Capital Markets set a $14.00 price target on Hewlett Packard Enterprise and gave the company a “hold” rating in a research note on Thursday, August 29th. Six investment analysts have rated the stock with a sell rating, eight have issued a hold rating and five have issued a buy rating to the stock. Hewlett Packard Enterprise presently has a consensus rating of “Hold” and a consensus price target of $15.82.

In other Hewlett Packard Enterprise news, CEO Antonio F. Neri sold 49,635 shares of the company’s stock in a transaction on Monday, September 16th. The stock was sold at an average price of $15.19, for a total value of $753,955.65. Following the transaction, the chief executive officer now directly owns 29,602 shares of the company’s stock, valued at approximately $449,654.38. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Also, SVP Jeff T. Ricci sold 20,457 shares of the company’s stock in a transaction on Wednesday, November 6th. The shares were sold at an average price of $17.01, for a total value of $347,973.57. Following the completion of the transaction, the senior vice president now directly owns 20,457 shares in the company, valued at $347,973.57. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 519,526 shares of company stock worth $8,284,389. Insiders own 0.56% of the company’s stock.

NYSE HPE traded up $0.25 on Friday, reaching $17.43. The stock had a trading volume of 5,848,045 shares, compared to its average volume of 9,988,734. The company has a debt-to-equity ratio of 0.59, a current ratio of 0.88 and a quick ratio of 0.75. The firm has a fifty day moving average of $15.34 and a two-hundred day moving average of $14.69. Hewlett Packard Enterprise Co has a 1-year low of $12.09 and a 1-year high of $17.44. The company has a market cap of $21.97 billion, a P/E ratio of 11.17, a price-to-earnings-growth ratio of 1.24 and a beta of 1.61.

Hewlett Packard Enterprise (NYSE:HPE) last issued its quarterly earnings data on Tuesday, August 27th. The technology company reported $0.45 EPS for the quarter, beating analysts’ consensus estimates of $0.40 by $0.05. Hewlett Packard Enterprise had a positive return on equity of 12.92% and a negative net margin of 0.63%. The firm had revenue of $7.22 billion for the quarter, compared to analyst estimates of $7.29 billion. During the same period in the prior year, the firm posted $0.44 EPS. The company’s revenue for the quarter was down 7.0% on a year-over-year basis. Research analysts predict that Hewlett Packard Enterprise Co will post 1.74 EPS for the current fiscal year.

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, January 2nd. Shareholders of record on Wednesday, December 11th will be issued a $0.12 dividend. This represents a $0.48 dividend on an annualized basis and a yield of 2.75%. This is a positive change from Hewlett Packard Enterprise’s previous quarterly dividend of $0.11. The ex-dividend date of this dividend is Tuesday, December 10th. Hewlett Packard Enterprise’s dividend payout ratio is currently 28.85%.

Hewlett Packard Enterprise Company Profile

Hewlett Packard Enterprise Company operates as a technology company. The company operates through four segments: Hybrid IT, Intelligent Edge, Financial Services, and Corporate Investments. The Hybrid IT segment provides industry standard servers for multi-workload computing; mission-critical servers; converged storage solutions, including all-flash arrays and hybrid storage solutions; and traditional storage solutions comprising tape, storage networking, and disk products, such as HPE MSA and HPE XP.

Further Reading: What are some reasons analysts would give stocks a buy rating?

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

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