Hewlett Packard Enterprise Company (NYSE:HPE) was the target of unusually large options trading activity on Tuesday. Stock investors bought 12,185 put options on the company. This represents an increase of 320% compared to the typical daily volume of 2,901 put options.

A number of equities analysts have recently issued reports on HPE shares. CIBC dropped their price objective on shares of Hewlett Packard Enterprise from $27.00 to $21.00 and set a “buy” rating on the stock in a research note on Tuesday, July 4th. BidaskClub downgraded shares of Hewlett Packard Enterprise from a “hold” rating to a “sell” rating in a research note on Saturday, August 5th. Barclays PLC increased their price objective 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. Maxim Group reiterated a “hold” rating and set a $18.00 price objective on shares of Hewlett Packard Enterprise in a research note on Friday, July 14th. Finally, Loop Capital started coverage on shares of Hewlett Packard Enterprise in a research note on Tuesday, August 22nd. They set a “hold” rating and a $17.00 price objective on the stock. Four investment analysts have rated the stock with a sell rating, seventeen have assigned a hold rating, thirteen have issued a buy rating and one has assigned a strong buy rating to the company. The stock has a consensus rating of “Hold” and a consensus target price of $19.27.

Hewlett Packard Enterprise (NYSE HPE) opened at 13.25 on Friday. Hewlett Packard Enterprise has a 12-month low of $11.99 and a 12-month high of $14.86. The stock has a market cap of $21.76 billion, a PE ratio of 10.05 and a beta of 2.72. The firm has a 50 day moving average of $13.70 and a 200-day moving average of $13.69.

Hewlett Packard Enterprise (NYSE:HPE) last issued its earnings results on Tuesday, September 5th. The technology company reported $0.30 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.26 by $0.04. Hewlett Packard Enterprise had a net margin of 0.29% and a return on equity of 8.92%. The business had revenue of $8.21 billion during the quarter, compared to analysts’ expectations of $7.49 billion. During the same quarter in the prior year, the business posted $0.49 EPS. The company’s revenue for the quarter was up 2.5% on a year-over-year basis. On average, analysts expect that Hewlett Packard Enterprise will post $1.40 earnings per share for the current year.

The business also recently announced a quarterly dividend, which will be paid on Wednesday, October 4th. Stockholders of record on Wednesday, September 13th will be issued a $0.065 dividend. 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 371.48%.

In other Hewlett Packard Enterprise news, 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 value of $1,046,914.92. Following the transaction, the chief executive officer now directly owns 830,251 shares in the company, valued at approximately $13,873,494.21. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, CEO Margaret C. Whitman sold 389,668 shares of the company’s stock in a transaction dated Wednesday, July 26th. The stock was sold at an average price of $17.82, for a total transaction of $6,943,883.76. Following the completion of the transaction, the chief executive officer now owns 962,433 shares in the company, valued at $17,150,556.06. 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 90 days. Insiders own 0.87% of the company’s stock.

Several institutional investors have recently modified their holdings of HPE. BlackRock Inc. boosted its holdings in shares of Hewlett Packard Enterprise by 2,713.7% in the 1st quarter. BlackRock Inc. now owns 99,450,412 shares of the technology company’s stock valued at $2,356,975,000 after buying an additional 95,915,907 shares in the last quarter. Dodge & Cox boosted its holdings in shares of Hewlett Packard Enterprise by 12.2% in the 2nd quarter. Dodge & Cox now owns 238,615,401 shares of the technology company’s stock valued at $3,958,630,000 after buying an additional 25,852,541 shares in the last quarter. Hotchkis & Wiley Capital Management LLC boosted its holdings in shares of Hewlett Packard Enterprise by 32.7% in the 2nd quarter. Hotchkis & Wiley Capital Management LLC now owns 67,334,620 shares of the technology company’s stock valued at $1,117,081,000 after buying an additional 16,592,308 shares in the last quarter. Victory Capital Management Inc. boosted its holdings in shares of Hewlett Packard Enterprise by 145.3% in the 2nd quarter. Victory Capital Management Inc. now owns 10,266,112 shares of the technology company’s stock valued at $170,315,000 after buying an additional 6,081,628 shares in the last quarter. Finally, Primecap Management Co. CA boosted its holdings in shares of Hewlett Packard Enterprise by 9.6% in the 1st quarter. Primecap Management Co. CA now owns 61,397,295 shares of the technology company’s stock valued at $1,455,116,000 after buying an additional 5,394,147 shares in the last quarter. Institutional investors and hedge funds own 80.21% of the company’s stock.

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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).

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