Hewlett Packard Enterprise Company (NYSE:HPE)‘s stock had its “neutral” rating reiterated by investment analysts at Susquehanna Bancshares Inc in a research report issued on Thursday. They currently have a $14.00 target price on the technology company’s stock, down from their prior target price of $17.00. Susquehanna Bancshares Inc’s price target indicates a potential upside of 5.66% from the stock’s current price.

Several other equities research analysts have also commented on HPE. Barclays PLC decreased their price objective on shares of Hewlett Packard Enterprise from $21.00 to $18.00 and set an “underweight” rating for the company in a research note on Wednesday, May 10th. Credit Suisse Group reissued a “buy” rating and set a $21.00 target price on shares of Hewlett Packard Enterprise in a research report on Tuesday, May 23rd. Stifel Nicolaus reissued a “hold” rating and set a $20.00 target price on shares of Hewlett Packard Enterprise in a research report on Friday, May 26th. Robert W. Baird reissued a “hold” rating on shares of Hewlett Packard Enterprise in a research report on Thursday, June 1st. Finally, Morgan Stanley reissued an “equal weight” rating and set a $18.00 target price (up from $17.00) on shares of Hewlett Packard Enterprise in a research report on Thursday, June 1st. Four equities research analysts have rated the stock with a sell rating, seventeen have issued a hold rating, thirteen have given a buy rating and one has assigned a strong buy rating to the company. The stock presently has a consensus rating of “Hold” and an average price target of $19.27.

Shares of Hewlett Packard Enterprise (NYSE HPE) traded down 3.78% during trading on Thursday, hitting $13.25. The stock had a trading volume of 27,036,825 shares. The company has a market capitalization of $21.76 billion, a P/E ratio of 10.05 and a beta of 2.72. Hewlett Packard Enterprise has a 1-year low of $11.99 and a 1-year high of $14.86. The firm has a 50-day moving average of $13.70 and a 200 day moving average of $13.69. Hewlett Packard Enterprise also was the recipient of some unusual options trading activity on Tuesday. Traders bought 12,185 put options on the stock. This represents an increase of approximately 320% compared to the average daily volume of 2,901 put options.

Hewlett Packard Enterprise (NYSE:HPE) last posted its quarterly earnings data on Tuesday, September 5th. The technology company reported $0.30 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $0.26 by $0.04. The firm had revenue of $8.21 billion during the quarter, compared to analyst estimates of $7.49 billion. Hewlett Packard Enterprise had a net margin of 0.29% and a return on equity of 8.92%. The company’s revenue for the quarter was up 2.5% on a year-over-year basis. During the same quarter last year, the business posted $0.49 EPS. Equities research analysts predict that Hewlett Packard Enterprise will post $1.40 earnings per share for the current fiscal year.

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In other Hewlett Packard Enterprise news, CEO Margaret C. Whitman sold 132,192 shares of the stock in a transaction that occurred on Wednesday, June 21st. The shares were sold at an average price of $16.71, for a total value of $2,208,928.32. Following the sale, the chief executive officer now directly owns 865,021 shares in the company, valued at approximately $14,454,500.91. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CEO Margaret C. Whitman sold 389,668 shares of the firm’s stock in a transaction on Wednesday, August 16th. The shares were sold at an average price of $17.64, for a total transaction of $6,873,743.52. Following the sale, the chief executive officer now owns 962,433 shares in the company, valued at approximately $16,977,318.12. The disclosure for this sale can be found here. Insiders sold a total of 1,963,677 shares of company stock worth $34,198,508 over the last quarter. Corporate insiders own 0.87% of the company’s stock.

Several institutional investors have recently bought and sold shares of HPE. State of Alaska Department of Revenue purchased a new stake in shares of Hewlett Packard Enterprise during the 1st quarter valued at $125,000. APG Asset Management N.V. raised its position in shares of Hewlett Packard Enterprise by 49.6% during the 1st quarter. APG Asset Management N.V. now owns 7,668,634 shares of the technology company’s stock valued at $181,747,000 after buying an additional 2,541,033 shares in the last quarter. State Treasurer State of Michigan raised its position in shares of Hewlett Packard Enterprise by 0.4% during the 1st quarter. State Treasurer State of Michigan now owns 546,797 shares of the technology company’s stock valued at $12,959,000 after buying an additional 2,000 shares in the last quarter. First Trust Advisors LP raised its position in shares of Hewlett Packard Enterprise by 24.9% during the 1st quarter. First Trust Advisors LP now owns 3,497,626 shares of the technology company’s stock valued at $82,894,000 after buying an additional 696,516 shares in the last quarter. Finally, AMG National Trust Bank raised its position in shares of Hewlett Packard Enterprise by 3.6% during the 1st quarter. AMG National Trust Bank now owns 65,253 shares of the technology company’s stock valued at $1,547,000 after buying an additional 2,293 shares in the last quarter. Hedge funds and other institutional investors own 80.21% 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).

Analyst Recommendations for Hewlett Packard Enterprise (NYSE:HPE)

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