Hewlett Packard Enterprise Company (NYSE:HPE) CEO Margaret C. Whitman sold 251,268 shares of the firm’s stock in a transaction dated Friday, August 4th. The shares were sold at an average price of $17.40, for a total value of $4,372,063.20. Following the completion of the transaction, the chief executive officer now directly owns 865,021 shares in the company, valued at $15,051,365.40. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website.

Shares of Hewlett Packard Enterprise Company (NYSE HPE) traded up 0.69% during trading on Monday, reaching $17.63. The company’s stock had a trading volume of 4,584,397 shares. The company’s 50-day moving average price is $17.04 and its 200 day moving average price is $17.61. The stock has a market capitalization of $28.96 billion, a price-to-earnings ratio of 13.37 and a beta of 2.74. Hewlett Packard Enterprise Company has a 1-year low of $15.49 and a 1-year high of $19.16.

Hewlett Packard Enterprise (NYSE:HPE) last posted its earnings results on Wednesday, May 31st. The technology company reported $0.35 earnings per share for the quarter, hitting the Thomson Reuters’ consensus estimate of $0.35. The company had revenue of $9.90 billion for the quarter, compared to analyst estimates of $9.75 billion. Hewlett Packard Enterprise had a net margin of 4.85% and a return on equity of 9.80%. The business’s revenue for the quarter was down 22.1% compared to the same quarter last year. During the same period last year, the business posted $0.42 earnings per share. Analysts anticipate that Hewlett Packard Enterprise Company will post $1.45 EPS for the current year.

The company also recently announced a quarterly dividend, which will be paid on Wednesday, October 4th. Shareholders of record on Wednesday, September 13th will be issued a $0.065 dividend. The ex-dividend date of this dividend is Tuesday, September 12th. This represents a $0.26 annualized dividend and a yield of 1.47%. Hewlett Packard Enterprise’s dividend payout ratio (DPR) is presently 20.16%.

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HPE has been the topic of several research reports. CIBC cut their price objective on Hewlett Packard Enterprise from $27.00 to $21.00 and set a “buy” rating on the stock in a research report on Tuesday, July 4th. Maxim Group reaffirmed a “hold” rating and set a $18.00 target price on shares of Hewlett Packard Enterprise in a research report on Friday, July 14th. Credit Suisse Group reaffirmed an “outperform” rating on shares of Hewlett Packard Enterprise in a research report on Saturday, June 3rd. Stifel Nicolaus reaffirmed a “hold” rating and set a $20.00 target price on shares of Hewlett Packard Enterprise in a research report on Friday, May 26th. Finally, BidaskClub lowered Hewlett Packard Enterprise from a “hold” rating to a “sell” rating in a research report on Saturday. Three analysts have rated the stock with a sell rating, fifteen have assigned a hold rating, twelve have assigned a buy rating and one has issued a strong buy rating to the company’s stock. The stock currently has a consensus rating of “Hold” and an average target price of $21.87.

Large investors have recently bought and sold shares of the company. Whittier Trust Co. of Nevada Inc. raised its stake in Hewlett Packard Enterprise by 4.1% in the second quarter. Whittier Trust Co. of Nevada Inc. now owns 6,713 shares of the technology company’s stock valued at $111,000 after buying an additional 266 shares during the period. YorkBridge Wealth Partners LLC raised its stake in Hewlett Packard Enterprise by 12.1% in the first quarter. YorkBridge Wealth Partners LLC now owns 6,257 shares of the technology company’s stock valued at $117,000 after buying an additional 675 shares during the period. Reilly Financial Advisors LLC raised its stake in Hewlett Packard Enterprise by 5.3% in the first quarter. Reilly Financial Advisors LLC now owns 5,002 shares of the technology company’s stock valued at $119,000 after buying an additional 250 shares during the period. State of Alaska Department of Revenue purchased a new stake in Hewlett Packard Enterprise during the first quarter valued at $125,000. Finally, Harfst & Associates Inc. purchased a new stake in Hewlett Packard Enterprise during the first quarter valued at $127,000. Institutional investors own 80.31% of the company’s stock.

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).

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

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