Hewlett Packard Enterprise Co (NYSE:HPE) SVP Jeff T. Ricci sold 6,460 shares of the firm’s stock in a transaction on Thursday, May 25th. The stock was sold at an average price of $18.99, for a total value of $122,675.40. Following the completion of the transaction, the senior vice president now owns 10,352 shares in the company, valued at $196,584.48. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink.

Hewlett Packard Enterprise Co (NYSE:HPE) traded down 0.37% during trading on Thursday, reaching $18.84. The company had a trading volume of 18,113,260 shares. Hewlett Packard Enterprise Co has a one year low of $16.84 and a one year high of $19.16. The company has a market capitalization of $31.23 billion, a price-to-earnings ratio of 10.22 and a beta of 3.05. The company has a 50-day moving average price of $18.55 and a 200 day moving average price of $22.01. Hewlett Packard Enterprise also was the recipient of some unusual options trading activity on Monday. Traders bought 5,446 put options on the stock. This represents an increase of approximately 695% compared to the average daily volume of 685 put options.

Hewlett Packard Enterprise (NYSE:HPE) last posted its quarterly earnings data on Thursday, February 23rd. The technology company reported $0.45 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $0.44 by $0.01. The firm had revenue of $11.41 billion during the quarter, compared to analyst estimates of $12.09 billion. Hewlett Packard Enterprise had a net margin of 6.31% and a return on equity of 10.43%. The company’s revenue for the quarter was down 10.4% on a year-over-year basis. During the same quarter last year, the business posted $0.41 EPS. Analysts expect that Hewlett Packard Enterprise Co will post $1.47 earnings per share for the current year.

Insider Buying and Selling by Quarter for Hewlett Packard Enterprise (NYSE:HPE)

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, July 5th. Shareholders of record on Wednesday, June 14th will be paid a $0.065 dividend. The ex-dividend date of this dividend is Monday, June 12th. This represents a $0.26 annualized dividend and a yield of 1.38%. Hewlett Packard Enterprise’s dividend payout ratio (DPR) is 14.21%.

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A number of large investors have recently bought and sold shares of HPE. Pointe Capital Management LLC purchased a new stake in Hewlett Packard Enterprise during the first quarter valued at approximately $382,000. Teachers Retirement System of The State of Kentucky increased its position in Hewlett Packard Enterprise by 0.5% in the first quarter. Teachers Retirement System of The State of Kentucky now owns 793,637 shares of the technology company’s stock worth $18,809,000 after buying an additional 3,800 shares in the last quarter. Achmea Investment Management B.V. bought a new position in Hewlett Packard Enterprise during the first quarter worth $5,586,000. Bank of Nova Scotia increased its position in Hewlett Packard Enterprise by 46.1% in the first quarter. Bank of Nova Scotia now owns 1,091,106 shares of the technology company’s stock worth $25,859,000 after buying an additional 344,041 shares in the last quarter. Finally, Tyrus Capital S.A.M. bought a new position in Hewlett Packard Enterprise during the first quarter worth $2,720,000. Hedge funds and other institutional investors own 79.10% of the company’s stock.

Several research analysts have recently issued reports on HPE shares. Zacks Investment Research lowered Hewlett Packard Enterprise from a “buy” rating to a “hold” rating in a research report on Tuesday, February 7th. OTR Global raised Hewlett Packard Enterprise to a “positive” rating in a research note on Wednesday, February 15th. Oppenheimer Holdings Inc. set a $27.00 price objective on Hewlett Packard Enterprise and gave the stock a “buy” rating in a research note on Friday, February 17th. BMO Capital Markets reaffirmed a “market perform” rating and set a $24.00 price objective (down previously from $27.00) on shares of Hewlett Packard Enterprise in a research note on Thursday, February 23rd. Finally, Wells Fargo & Co reaffirmed a “market perform” rating and set a $23.00 price objective (up previously from $22.00) on shares of Hewlett Packard Enterprise in a research note on Friday, February 24th. Three equities research analysts have rated the stock with a sell rating, seventeen have given a hold rating, twelve have assigned a buy rating and one has given a strong buy rating to the company. The company currently has a consensus rating of “Hold” and an average price target of $22.87.

Hewlett Packard Enterprise 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).

12 Month Chart for NYSE:HPE

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