Public Employees Retirement System of Ohio Sells 1,662 Shares of Hewlett Packard Enterprise Company (HPE)

Public Employees Retirement System of Ohio cut its position in shares of Hewlett Packard Enterprise Company (NYSE:HPE) by 0.1% during the first quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 1,177,847 shares of the technology company’s stock after selling 1,662 shares during the period. Public Employees Retirement System of Ohio’s holdings in Hewlett Packard Enterprise Company were worth $27,915,000 as of its most recent SEC filing.

Other large investors have also bought and sold shares of the company. Guardian Life Insurance Co. of America increased its stake in Hewlett Packard Enterprise Company by 0.7% in the first quarter. Guardian Life Insurance Co. of America now owns 6,427 shares of the technology company’s stock worth $152,000 after buying an additional 43 shares in the last quarter. Welch & Forbes LLC increased its stake in Hewlett Packard Enterprise Company by 0.7% in the first quarter. Welch & Forbes LLC now owns 9,892 shares of the technology company’s stock worth $234,000 after buying an additional 68 shares in the last quarter. First National Bank & Trust Co. of Newtown increased its stake in Hewlett Packard Enterprise Company by 0.3% in the first quarter. First National Bank & Trust Co. of Newtown now owns 31,911 shares of the technology company’s stock worth $756,000 after buying an additional 80 shares in the last quarter. Buckingham Asset Management LLC increased its stake in Hewlett Packard Enterprise Company by 0.5% in the first quarter. Buckingham Asset Management LLC now owns 19,748 shares of the technology company’s stock worth $468,000 after buying an additional 106 shares in the last quarter. Finally, Franklin Street Advisors Inc. NC increased its stake in Hewlett Packard Enterprise Company by 1.0% in the first quarter. Franklin Street Advisors Inc. NC now owns 12,172 shares of the technology company’s stock worth $288,000 after buying an additional 122 shares in the last quarter. Institutional investors own 81.33% of the company’s stock.

Hewlett Packard Enterprise Company (NYSE:HPE) opened at 16.61 on Monday. The firm has a market capitalization of $27.28 billion, a PE ratio of 12.59 and a beta of 2.74. The stock’s 50 day moving average price is $17.65 and its 200 day moving average price is $17.65. Hewlett Packard Enterprise Company has a 52-week low of $13.95 and a 52-week high of $19.16.

Hewlett Packard Enterprise Company (NYSE:HPE) last announced its earnings results on Wednesday, May 31st. The technology company reported $0.35 earnings per share for the quarter, meeting the consensus estimate of $0.35. The company had revenue of $9.90 billion during the quarter, compared to the consensus estimate of $9.75 billion. Hewlett Packard Enterprise Company had a return on equity of 9.80% and a net margin of 4.85%. The company’s revenue was down 22.1% on a year-over-year basis. During the same period last year, the firm earned $0.42 earnings per share. Analysts expect that Hewlett Packard Enterprise Company will post $1.43 earnings per share for the current year.

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A number of equities research analysts have commented on the company. Zacks Investment Research upgraded Hewlett Packard Enterprise Company from a “strong sell” rating to a “hold” rating in a research report on Monday, June 5th. Robert W. Baird reaffirmed a “hold” rating on shares of Hewlett Packard Enterprise Company in a research note on Thursday, June 1st. Oppenheimer Holdings, Inc. set a $21.00 price objective on Hewlett Packard Enterprise Company and gave the company a “buy” rating in a research note on Wednesday, April 5th. Barclays PLC reaffirmed an “underweight” rating and issued a $17.00 price objective (down from $18.00) on shares of Hewlett Packard Enterprise Company in a research note on Thursday, June 1st. Finally, Susquehanna Bancshares Inc reaffirmed a “neutral” rating and issued a $17.00 price objective (down from $20.00) on shares of Hewlett Packard Enterprise Company in a research note on Thursday, June 1st. Three research analysts have rated the stock with a sell rating, sixteen have assigned a hold rating, eleven have issued a buy rating and one has issued a strong buy rating to the stock. The company presently has a consensus rating of “Hold” and a consensus target price of $22.08.

In other news, SVP Jeff T. Ricci sold 6,460 shares of the firm’s stock in a transaction dated Thursday, May 25th. The stock was sold at an average price of $18.99, for a total transaction of $122,675.40. Following the completion of the sale, the senior vice president now directly owns 10,352 shares in the company, valued at $196,584.48. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, EVP Christopher P. Hsu sold 72,935 shares of the firm’s stock in a transaction dated Monday, April 24th. The shares were sold at an average price of $18.28, for a total value of $1,333,251.80. Following the sale, the executive vice president now owns 82,582 shares of the company’s stock, valued at $1,509,598.96. The disclosure for this sale can be found here. Insiders have sold 337,793 shares of company stock valued at $5,890,554 over the last 90 days. Insiders own 0.87% of the company’s stock.

Hewlett Packard Enterprise Company 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 Company (NYSE:HPE)

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