Hewlett Packard Enterprise Co (HPE) Position Increased by Seizert Capital Partners LLC

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Seizert Capital Partners LLC raised its position in Hewlett Packard Enterprise Co (NYSE:HPE) by 0.8% during the first quarter, HoldingsChannel.com reports. The firm owned 993,014 shares of the technology company’s stock after purchasing an additional 7,873 shares during the period. Seizert Capital Partners LLC’s holdings in Hewlett Packard Enterprise were worth $15,322,000 at the end of the most recent quarter.

A number of other institutional investors have also recently bought and sold shares of HPE. Legacy Bridge LLC purchased a new stake in Hewlett Packard Enterprise in the 4th quarter worth about $25,000. Ipswich Investment Management Co. Inc. purchased a new stake in Hewlett Packard Enterprise in the 4th quarter worth about $26,000. Liberty Wealth Management LLC purchased a new stake in Hewlett Packard Enterprise in the 4th quarter worth about $34,000. JNBA Financial Advisors raised its position in Hewlett Packard Enterprise by 1,300.0% in the 4th quarter. JNBA Financial Advisors now owns 2,800 shares of the technology company’s stock worth $37,000 after purchasing an additional 2,600 shares during the period. Finally, Truvestments Capital LLC purchased a new stake in Hewlett Packard Enterprise in the 1st quarter worth about $38,000. 84.17% of the stock is currently owned by institutional investors.

HPE has been the topic of a number of recent analyst reports. ValuEngine lowered shares of Hewlett Packard Enterprise from a “hold” rating to a “sell” rating in a research report on Thursday, February 28th. Credit Suisse Group initiated coverage on shares of Hewlett Packard Enterprise in a research report on Thursday, April 11th. They issued an “underperform” rating and a $14.00 price objective on the stock. Daiwa Capital Markets initiated coverage on shares of Hewlett Packard Enterprise in a research report on Monday, April 1st. They issued a “hold” rating and a $16.00 price objective on the stock. BMO Capital Markets reissued a “hold” rating and issued a $16.00 price objective on shares of Hewlett Packard Enterprise in a research report on Thursday, February 21st. Finally, UBS Group lowered shares of Hewlett Packard Enterprise from a “neutral” rating to a “sell” rating and reduced their price objective for the stock from $17.00 to $13.00 in a research report on Tuesday, March 12th. Five analysts have rated the stock with a sell rating, eight have assigned a hold rating and four have issued a buy rating to the company’s stock. Hewlett Packard Enterprise currently has a consensus rating of “Hold” and a consensus target price of $16.92.

Shares of NYSE:HPE opened at $14.62 on Friday. The company has a market cap of $20.03 billion, a PE ratio of 9.37, a P/E/G ratio of 1.41 and a beta of 1.55. Hewlett Packard Enterprise Co has a one year low of $12.09 and a one year high of $17.74. The company has a debt-to-equity ratio of 0.56, a quick ratio of 0.80 and a current ratio of 0.94.

Hewlett Packard Enterprise (NYSE:HPE) last issued its earnings results on Thursday, February 21st. The technology company reported $0.42 EPS for the quarter, topping the Zacks’ consensus estimate of $0.35 by $0.07. The business had revenue of $7.55 billion for the quarter, compared to analyst estimates of $7.68 billion. Hewlett Packard Enterprise had a net margin of 2.11% and a return on equity of 11.31%. During the same period last year, the company posted $0.34 earnings per share. Sell-side analysts anticipate that Hewlett Packard Enterprise Co will post 1.64 earnings per share for the current year.

The business also recently announced a quarterly dividend, which will be paid on Wednesday, July 3rd. Stockholders of record on Wednesday, June 12th will be given a dividend of $0.1125 per share. This represents a $0.45 dividend on an annualized basis and a dividend yield of 3.08%. The ex-dividend date of this dividend is Tuesday, June 11th. Hewlett Packard Enterprise’s dividend payout ratio (DPR) is presently 28.85%.

In related news, insider Antonio F. Neri sold 591,276 shares of Hewlett Packard Enterprise stock in a transaction that occurred on Tuesday, April 16th. The shares were sold at an average price of $16.51, for a total transaction of $9,761,966.76. Following the transaction, the insider now directly owns 59,110 shares of the company’s stock, valued at $975,906.10. The sale was disclosed in a filing with the SEC, which is accessible through this link. Also, EVP John F. Schultz sold 780,830 shares of Hewlett Packard Enterprise stock in a transaction that occurred on Friday, February 22nd. The shares were sold at an average price of $16.32, for a total transaction of $12,743,145.60. Following the transaction, the executive vice president now directly owns 400,401 shares in the company, valued at $6,534,544.32. The disclosure for this sale can be found here. Over the last ninety days, insiders have sold 2,251,562 shares of company stock worth $37,016,136. Corporate insiders own 0.56% of the company’s stock.

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Hewlett Packard Enterprise Company Profile

Hewlett Packard Enterprise Company operates as a technology company. The company operates through four segments: Hybrid IT, Intelligent Edge, Financial Services, and Corporate Investments. The Hybrid IT segment provides industry standard servers for multi-workload computing; mission-critical servers; converged storage solutions, including all-flash arrays and hybrid storage solutions; and traditional storage solutions comprising tape, storage networking, and disk products, such as HPE MSA and HPE XP.

Read More: How does a 12b-1 fee affect fund performance?

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Institutional Ownership by Quarter for Hewlett Packard Enterprise (NYSE:HPE)

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