Hewlett Packard Enterprise Co. (NYSE:HPE) was downgraded by stock analysts at Vetr from a “strong-buy” rating to a “buy” rating in a research note issued to investors on Wednesday. They currently have a $25.21 price target on the stock. Vetr‘s price target indicates a potential upside of 9.04% from the company’s previous close.

HPE has been the topic of a number of other reports. Oppenheimer Holdings Inc. lifted their price objective on shares of Hewlett Packard Enterprise from $21.00 to $25.00 and gave the company an “outperform” rating in a research note on Thursday, July 14th. FBN Securities restated an “outperform” rating on shares of Hewlett Packard Enterprise in a research note on Thursday, September 8th. Credit Suisse Group AG lifted their price objective on shares of Hewlett Packard Enterprise from $21.00 to $25.00 and gave the company an “outperform” rating in a research note on Monday, August 1st. Mizuho lifted their price objective on shares of Hewlett Packard Enterprise from $16.00 to $20.00 and gave the company a “neutral” rating in a research note on Thursday, September 8th. Finally, Jefferies Group restated a “buy” rating and set a $25.50 price objective (up from $24.00) on shares of Hewlett Packard Enterprise in a research note on Tuesday, July 5th. One research analyst has rated the stock with a sell rating, seventeen have given a hold rating and fourteen have given a buy rating to the stock. The stock presently has a consensus rating of “Hold” and an average price target of $21.03.

Hewlett Packard Enterprise (NYSE:HPE) traded up 2.21% on Wednesday, reaching $23.12. 10,676,569 shares of the company’s stock were exchanged. Hewlett Packard Enterprise has a 1-year low of $11.62 and a 1-year high of $23.12. The firm’s 50 day moving average is $21.84 and its 200 day moving average is $18.88. The stock has a market capitalization of $38.51 billion and a P/E ratio of 9.65.

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Hewlett Packard Enterprise (NYSE:HPE) last issued its quarterly earnings data on Wednesday, September 7th. The company reported $0.49 earnings per share for the quarter, beating analysts’ consensus estimates of $0.45 by $0.04. Hewlett Packard Enterprise had a net margin of 8.31% and a return on equity of 10.15%. The business had revenue of $12.20 billion for the quarter, compared to analysts’ expectations of $12.64 billion. The firm’s quarterly revenue was down 3.9% on a year-over-year basis. Analysts expect that Hewlett Packard Enterprise will post $1.92 EPS for the current year.

In related news, CFO Timothy C. Stonesifer sold 101,610 shares of the business’s stock in a transaction that occurred on Friday, September 16th. The stock was sold at an average price of $22.01, for a total value of $2,236,436.10. Following the completion of the sale, the chief financial officer now directly owns 101,610 shares in the company, valued at approximately $2,236,436.10. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, COO Christopher P. Hsu sold 31,193 shares of the business’s stock in a transaction that occurred on Friday, September 16th. The stock was sold at an average price of $22.01, for a total value of $686,557.93. Following the completion of the sale, the chief operating officer now owns 31,192 shares of the company’s stock, valued at $686,535.92. The disclosure for this sale can be found here. 0.57% of the stock is owned by corporate insiders.

A number of large investors have recently bought and sold shares of HPE. Samlyn Capital LLC acquired a new position in shares of Hewlett Packard Enterprise during the first quarter valued at approximately $36,722,000. Ladenburg Thalmann Financial Services Inc. increased its position in shares of Hewlett Packard Enterprise by 8.5% in the first quarter. Ladenburg Thalmann Financial Services Inc. now owns 55,270 shares of the company’s stock valued at $985,000 after buying an additional 4,307 shares in the last quarter. Teachers Advisors Inc. increased its position in shares of Hewlett Packard Enterprise by 12.5% in the first quarter. Teachers Advisors Inc. now owns 4,786,596 shares of the company’s stock valued at $84,866,000 after buying an additional 533,279 shares in the last quarter. Quantbot Technologies LP acquired a new position in shares of Hewlett Packard Enterprise during the second quarter valued at approximately $609,000. Finally, Rothschild Asset Management Inc. acquired a new position in shares of Hewlett Packard Enterprise during the second quarter valued at approximately $3,527,000. Hedge funds and other institutional investors own 80.69% of the company’s stock.

Hewlett Packard Enterprise Company Profile

Hewlett Packard Enterprise Company (Hewlett Packard Enterprise) is engaged in offering information technology (IT) and enterprise services solutions. The Company focuses on technology solutions, which enables the customers to build cloud-enabled, mobile-ready solutions that is suited to their needs. The Company’s portfolio includes enterprise services, software and financial services businesses.

5 Day Chart for NYSE:HPE

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