Hewlett Packard Enterprise Co. (NYSE:HPE) COO Christopher P. Hsu sold 31,193 shares of the firm’s stock in a transaction on Friday, September 16th. The shares were sold at an average price of $22.01, for a total value of $686,557.93. Following the transaction, the chief operating officer now owns 31,192 shares in the company, valued at $686,535.92. The sale was disclosed in a document filed with the SEC, which is available at this link.

Hewlett Packard Enterprise Co. (NYSE:HPE) opened at 22.62 on Wednesday. The stock’s 50 day moving average price is $21.78 and its 200 day moving average price is $18.85. Hewlett Packard Enterprise Co. has a one year low of $11.62 and a one year high of $23.00. The stock has a market cap of $37.67 billion and a price-to-earnings ratio of 9.44.

Hewlett Packard Enterprise (NYSE:HPE) last posted its earnings results 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 return on equity of 10.15% and a net margin of 8.31%. The company had revenue of $12.20 billion for the quarter, compared to the consensus estimate of $12.64 billion. The business’s quarterly revenue was down 3.9% on a year-over-year basis. Equities analysts predict that Hewlett Packard Enterprise Co. will post $1.92 earnings per share for the current fiscal year.

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A number of hedge funds and other institutional investors have recently bought and sold shares of the stock. Dodge & Cox increased its position in Hewlett Packard Enterprise by 3.0% in the first quarter. Dodge & Cox now owns 224,069,718 shares of the company’s stock worth $3,972,756,000 after buying an additional 6,540,190 shares in the last quarter. State Street Corp increased its position in Hewlett Packard Enterprise by 1.0% in the first quarter. State Street Corp now owns 84,485,271 shares of the company’s stock worth $1,497,931,000 after buying an additional 797,867 shares in the last quarter. Primecap Management Co. CA increased its position in Hewlett Packard Enterprise by 10.7% in the first quarter. Primecap Management Co. CA now owns 56,167,415 shares of the company’s stock worth $995,848,000 after buying an additional 5,432,750 shares in the last quarter. BlackRock Institutional Trust Company N.A. increased its position in Hewlett Packard Enterprise by 0.7% in the second quarter. BlackRock Institutional Trust Company N.A. now owns 44,505,637 shares of the company’s stock worth $813,118,000 after buying an additional 329,761 shares in the last quarter. Finally, Hotchkis & Wiley Capital Management LLC increased its position in Hewlett Packard Enterprise by 8.5% in the second quarter. Hotchkis & Wiley Capital Management LLC now owns 27,055,545 shares of the company’s stock worth $494,305,000 after buying an additional 2,126,559 shares in the last quarter. 80.69% of the stock is currently owned by institutional investors.

Several equities analysts have weighed in on the company. Sanford C. Bernstein restated an “outperform” rating and set a $24.50 price objective on shares of Hewlett Packard Enterprise in a research note on Tuesday. Morgan Stanley restated a “hold” rating on shares of Hewlett Packard Enterprise in a research note on Wednesday, June 8th. Raymond James Financial Inc. reiterated a “hold” rating on shares of Hewlett Packard Enterprise in a research note on Thursday, May 26th. Macquarie reiterated a “buy” rating and set a $22.00 target price on shares of Hewlett Packard Enterprise in a research note on Tuesday, May 24th. Finally, Bank of America Corp. reiterated a “hold” rating on shares of Hewlett Packard Enterprise in a research note on Thursday, May 26th. One research analyst has rated the stock with a sell rating, seventeen have given a hold rating, thirteen have given a buy rating and one has issued a strong buy rating to the stock. The stock currently has a consensus rating of “Hold” and an average price target of $21.05.

About Hewlett Packard Enterprise

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.

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