Hewlett Packard Enterprise Company (NYSE:HPE) – Equities researchers at Jefferies Group issued their Q4 2017 earnings per share (EPS) estimates for shares of Hewlett Packard Enterprise in a note issued to investors on Tuesday. Jefferies Group analyst J. Kisner forecasts that the technology company will post earnings of $0.28 per share for the quarter. Jefferies Group currently has a “Buy” rating and a $17.50 price target on the stock. Jefferies Group also issued estimates for Hewlett Packard Enterprise’s Q1 2018 earnings at $0.25 EPS, Q2 2018 earnings at $0.26 EPS, Q3 2018 earnings at $0.30 EPS, Q4 2018 earnings at $0.35 EPS and FY2018 earnings at $1.16 EPS.

A number of other equities research analysts also recently weighed in on HPE. Stifel Nicolaus reaffirmed a “hold” rating and issued a $20.00 target price on shares of Hewlett Packard Enterprise in a research note on Friday, May 26th. Robert W. Baird reaffirmed a “hold” rating on shares of Hewlett Packard Enterprise in a research note on Thursday, June 1st. Credit Suisse Group reaffirmed a “buy” rating and issued a $21.00 target price on shares of Hewlett Packard Enterprise in a research note on Tuesday, May 23rd. Barclays PLC raised their target price on shares of Hewlett Packard Enterprise from $17.00 to $18.00 and gave the company an “underweight” rating in a research note on Friday, September 1st. Finally, Oppenheimer Holdings, Inc. reaffirmed a “buy” rating and issued a $17.00 target price on shares of Hewlett Packard Enterprise in a research note on Friday, September 1st. Four equities research analysts have rated the stock with a sell rating, seventeen have issued a hold rating, thirteen have issued a buy rating and one has given a strong buy rating to the company. The stock has an average rating of “Hold” and an average target price of $19.27.

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Shares of Hewlett Packard Enterprise (HPE) opened at 13.25 on Friday. The company has a market capitalization of $21.76 billion, a PE ratio of 10.05 and a beta of 2.72. The stock’s 50 day moving average is $13.70 and its 200 day moving average is $13.69. Hewlett Packard Enterprise has a 1-year low of $11.99 and a 1-year high of $14.86. Hewlett Packard Enterprise also saw some unusual options trading activity on Tuesday. Stock traders bought 12,185 put options on the company. This represents an increase of 320% compared to the typical volume of 2,901 put options.

Hewlett Packard Enterprise (NYSE:HPE) last released its earnings results on Tuesday, September 5th. The technology company reported $0.30 earnings per share for the quarter, topping the Zacks’ consensus estimate of $0.26 by $0.04. Hewlett Packard Enterprise had a net margin of 0.29% and a return on equity of 9.04%. The firm had revenue of $8.21 billion during the quarter, compared to analyst estimates of $7.49 billion. During the same quarter in the previous year, the business earned $0.49 EPS. The business’s revenue was up 2.5% on a year-over-year basis.

Several large investors have recently made changes to their positions in the stock. Achmea Investment Management B.V. grew its stake in shares of Hewlett Packard Enterprise by 7.1% during the 2nd quarter. Achmea Investment Management B.V. now owns 252,431 shares of the technology company’s stock valued at $4,184,000 after acquiring an additional 16,740 shares during the period. WFG Advisors LP grew its stake in shares of Hewlett Packard Enterprise by 15.3% during the 2nd quarter. WFG Advisors LP now owns 6,043 shares of the technology company’s stock valued at $100,000 after acquiring an additional 801 shares during the period. Toronto Dominion Bank grew its stake in shares of Hewlett Packard Enterprise by 25.3% during the 2nd quarter. Toronto Dominion Bank now owns 566,943 shares of the technology company’s stock valued at $9,404,000 after acquiring an additional 114,500 shares during the period. Oak Associates Ltd. OH grew its stake in shares of Hewlett Packard Enterprise by 4.4% during the 2nd quarter. Oak Associates Ltd. OH now owns 309,726 shares of the technology company’s stock valued at $5,138,000 after acquiring an additional 13,000 shares during the period. Finally, Archford Capital Strategies LLC grew its stake in shares of Hewlett Packard Enterprise by 6,858.7% during the 2nd quarter. Archford Capital Strategies LLC now owns 7,585 shares of the technology company’s stock valued at $101,000 after acquiring an additional 7,476 shares during the period. Institutional investors own 80.21% of the company’s stock.

In other news, CEO Margaret C. Whitman sold 132,192 shares of the company’s stock in a transaction dated Wednesday, June 21st. The shares were sold at an average price of $16.71, for a total transaction of $2,208,928.32. Following the completion of the sale, the chief executive officer now owns 865,021 shares of the company’s stock, valued at approximately $14,454,500.91. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, CEO Margaret C. Whitman sold 62,652 shares of the company’s stock in a transaction dated Thursday, June 22nd. The shares were sold at an average price of $16.71, for a total transaction of $1,046,914.92. Following the sale, the chief executive officer now directly owns 830,251 shares of the company’s stock, valued at approximately $13,873,494.21. The disclosure for this sale can be found here. Insiders have sold a total of 1,963,677 shares of company stock valued at $34,198,508 in the last ninety days. Insiders own 0.87% of the company’s stock.

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, October 4th. Stockholders of record on Wednesday, September 13th will be given a dividend of $0.065 per share. This represents a $0.26 annualized dividend and a dividend yield of 1.96%. The ex-dividend date of this dividend is Tuesday, September 12th. Hewlett Packard Enterprise’s payout ratio is currently 371.48%.

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).

Earnings History and Estimates for Hewlett Packard Enterprise (NYSE:HPE)

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