Hewlett Packard Enterprise Co. (NYSE:HPE) CFO Timothy C. Stonesifer sold 101,610 shares of the 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 transaction, the chief financial officer now owns 101,610 shares in the company, valued at approximately $2,236,436.10. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link.

Shares of Hewlett Packard Enterprise Co. (NYSE:HPE) opened at 22.62 on Wednesday. The company’s 50-day moving average price is $21.78 and its 200 day moving average price is $18.85. The company has a market cap of $37.67 billion and a price-to-earnings ratio of 9.44. Hewlett Packard Enterprise Co. has a 1-year low of $11.62 and a 1-year high of $23.00.

Hewlett Packard Enterprise (NYSE:HPE) last announced its quarterly earnings data on Wednesday, September 7th. The company reported $0.49 earnings per share for the quarter, topping 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 company earned $12.20 billion during the quarter, compared to analyst estimates of $12.64 billion. Hewlett Packard Enterprise’s revenue was down 3.9% on a year-over-year basis. On average, analysts predict that Hewlett Packard Enterprise Co. will post $1.92 earnings per share for the current fiscal year.

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Several analysts have recently commented on HPE shares. Wells Fargo & Co. reissued a “buy” rating on shares of Hewlett Packard Enterprise in a research note on Monday, July 11th. Credit Suisse Group AG increased their price objective on Hewlett Packard Enterprise from $21.00 to $25.00 and gave the stock an “outperform” rating in a research note on Monday, August 1st. Vetr raised Hewlett Packard Enterprise from a “buy” rating to a “strong-buy” rating and set a $25.52 price objective for the company in a research note on Thursday, August 18th. BMO Capital Markets reissued a “buy” rating on shares of Hewlett Packard Enterprise in a research note on Sunday, July 10th. Finally, Sanford C. Bernstein reissued an “outperform” rating and issued a $24.50 price objective on shares of Hewlett Packard Enterprise in a research note on Tuesday. One equities research analyst has rated the stock with a sell rating, seventeen have assigned a hold rating, thirteen have given a buy rating and one has issued a strong buy rating to the company’s stock. The company has an average rating of “Hold” and an average price target of $21.05.

Institutional investors have recently made changes to their positions in the company. Cypress Wealth Advisors LLC raised its stake in shares of Hewlett Packard Enterprise by 0.3% in the first quarter. Cypress Wealth Advisors LLC now owns 16,852 shares of the company’s stock worth $299,000 after buying an additional 48 shares in the last quarter. Haverford Trust Co. raised its stake in shares of Hewlett Packard Enterprise by 0.8% in the second quarter. Haverford Trust Co. now owns 22,425 shares of the company’s stock worth $410,000 after buying an additional 175 shares in the last quarter. Advisor Partners LLC raised its stake in shares of Hewlett Packard Enterprise by 0.6% in the second quarter. Advisor Partners LLC now owns 29,252 shares of the company’s stock worth $534,000 after buying an additional 181 shares in the last quarter. Ropes Wealth Advisors LLC raised its stake in shares of Hewlett Packard Enterprise by 2.5% in the second quarter. Ropes Wealth Advisors LLC now owns 7,977 shares of the company’s stock worth $146,000 after buying an additional 195 shares in the last quarter. Finally, Tiemann Investment Advisors LLC raised its stake in shares of Hewlett Packard Enterprise by 1.5% in the second quarter. Tiemann Investment Advisors LLC now owns 13,415 shares of the company’s stock worth $245,000 after buying an additional 200 shares in the last quarter. 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.

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