Hewlett Packard Enterprise Company (NYSE:HPE)‘s stock had its “sell” rating reiterated by Barclays PLC in a research note issued on Friday. They presently have a $14.00 target price on the technology company’s stock. Barclays PLC’s price target would indicate a potential upside of 6.71% from the company’s previous close.

Several other research firms have also commented on HPE. Stifel Nicolaus reaffirmed a “hold” rating and set a $20.00 price target on shares of Hewlett Packard Enterprise in a research report on Friday, May 26th. Robert W. Baird reaffirmed a “hold” rating on shares of Hewlett Packard Enterprise in a research report on Thursday, June 1st. Credit Suisse Group reissued a “buy” rating and issued a $21.00 target price on shares of Hewlett Packard Enterprise in a report on Tuesday, May 23rd. Oppenheimer Holdings, Inc. reissued a “buy” rating and issued a $17.00 target price on shares of Hewlett Packard Enterprise in a report on Friday, September 1st. Finally, Jefferies Group LLC reissued a “buy” rating and issued a $22.00 target price on shares of Hewlett Packard Enterprise in a report on Saturday, July 22nd. Four equities research analysts have rated the stock with a sell rating, seventeen have given a hold rating, thirteen have assigned a buy rating and one has assigned a strong buy rating to the stock. The company currently has a consensus rating of “Hold” and an average target price of $19.03.

Shares of Hewlett Packard Enterprise (NYSE HPE) traded down 0.98% during trading on Friday, reaching $13.12. 24,308,651 shares of the company’s stock were exchanged. Hewlett Packard Enterprise has a 12 month low of $11.99 and a 12 month high of $14.86. The firm has a market cap of $21.55 billion, a price-to-earnings ratio of 9.95 and a beta of 2.72. The stock has a 50-day moving average price of $13.68 and a 200 day moving average price of $13.68.

Hewlett Packard Enterprise (NYSE:HPE) last released its quarterly earnings results 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. 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 prior year, the firm earned $0.49 EPS. The business’s revenue for the quarter was up 2.5% compared to the same quarter last year. On average, analysts forecast that Hewlett Packard Enterprise will post $1.39 EPS for the current year.

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In related news, CEO Margaret C. Whitman sold 389,668 shares of the stock in a transaction on 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 sale, the chief executive officer now owns 962,433 shares in the company, valued at approximately $17,150,556.06. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link. Also, CEO Margaret C. Whitman sold 251,268 shares of the stock in a transaction on 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 sale, the chief executive officer now owns 865,021 shares in the company, valued at approximately $15,051,365.40. 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 over the last quarter. Corporate insiders own 0.87% of the company’s stock.

Large investors have recently added to or reduced their stakes in the stock. State of Alaska Department of Revenue purchased a new stake in Hewlett Packard Enterprise during the 1st quarter valued at $125,000. Harfst & Associates Inc. purchased a new stake in Hewlett Packard Enterprise during the 1st quarter valued at $127,000. WFG Advisors LP raised its holdings in 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 buying an additional 801 shares during the period. YorkBridge Wealth Partners LLC raised its holdings in Hewlett Packard Enterprise by 12.1% during the 1st 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. Finally, Guardian Life Insurance Co. of America raised its holdings in Hewlett Packard Enterprise by 0.7% during the 1st quarter. Guardian Life Insurance Co. of America now owns 6,427 shares of the technology company’s stock valued at $152,000 after buying an additional 43 shares during the period. Institutional investors own 80.21% of the company’s stock.

About Hewlett Packard Enterprise

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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