Hewlett Packard Enterprise Co (NYSE:HPE) Stock Holdings Lessened by Crossmark Global Holdings Inc.

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Crossmark Global Holdings Inc. cut its position in Hewlett Packard Enterprise Co (NYSE:HPE) by 4.4% during the 3rd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 162,842 shares of the technology company’s stock after selling 7,506 shares during the quarter. Crossmark Global Holdings Inc.’s holdings in Hewlett Packard Enterprise were worth $2,470,000 at the end of the most recent quarter.

Other large investors have also recently modified their holdings of the company. Cerebellum GP LLC acquired a new position in Hewlett Packard Enterprise during the 1st quarter valued at about $25,000. Wealthcare Advisory Partners LLC boosted its holdings in shares of Hewlett Packard Enterprise by 367.4% in the second quarter. Wealthcare Advisory Partners LLC now owns 2,136 shares of the technology company’s stock worth $32,000 after buying an additional 1,679 shares during the period. WealthStone Inc. acquired a new position in shares of Hewlett Packard Enterprise in the second quarter worth about $34,000. Truewealth LLC boosted its holdings in shares of Hewlett Packard Enterprise by 72.7% in the second quarter. Truewealth LLC now owns 2,376 shares of the technology company’s stock worth $36,000 after buying an additional 1,000 shares during the period. Finally, Thor Advisors LLC acquired a new position in shares of Hewlett Packard Enterprise in the first quarter worth about $37,000. Hedge funds and other institutional investors own 81.64% of the company’s stock.

In other Hewlett Packard Enterprise news, CEO Antonio F. Neri sold 49,635 shares of Hewlett Packard Enterprise stock in a transaction that occurred on Monday, September 16th. The shares were sold at an average price of $15.19, for a total value of $753,955.65. Following the completion of the sale, the chief executive officer now directly owns 29,602 shares in the company, valued at $449,654.38. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, insider Philip Davis sold 16,436 shares of Hewlett Packard Enterprise stock in a transaction that occurred on Tuesday, September 24th. The shares were sold at an average price of $14.43, for a total transaction of $237,171.48. The disclosure for this sale can be found here. 0.56% of the stock is owned by insiders.

Several research analysts have commented on HPE shares. Daiwa Capital Markets set a $14.00 target price on shares of Hewlett Packard Enterprise and gave the stock a “hold” rating in a report on Thursday, August 29th. Argus upgraded shares of Hewlett Packard Enterprise from a “hold” rating to a “buy” rating and set a $18.00 target price for the company in a report on Thursday, August 29th. Nomura decreased their target price on shares of Hewlett Packard Enterprise from $17.00 to $16.00 and set a “neutral” rating for the company in a report on Wednesday, August 28th. TheStreet cut shares of Hewlett Packard Enterprise from a “b-” rating to a “c+” rating in a report on Friday, August 23rd. Finally, Loop Capital decreased their target price on shares of Hewlett Packard Enterprise to $19.00 and set a “buy” rating for the company in a report on Wednesday, August 28th. Five investment analysts have rated the stock with a sell rating, eight have assigned a hold rating and five have issued a buy rating to the stock. The stock currently has an average rating of “Hold” and an average target price of $15.81.

NYSE HPE opened at $14.35 on Friday. The company has a quick ratio of 0.75, a current ratio of 0.88 and a debt-to-equity ratio of 0.59. The stock has a market capitalization of $18.74 billion, a PE ratio of 9.20, a price-to-earnings-growth ratio of 1.21 and a beta of 1.60. The company has a 50 day moving average price of $14.30 and a two-hundred day moving average price of $14.69. Hewlett Packard Enterprise Co has a 12-month low of $12.09 and a 12-month high of $16.97.

Hewlett Packard Enterprise (NYSE:HPE) last posted its earnings results on Tuesday, August 27th. The technology company reported $0.45 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of $0.40 by $0.05. The firm had revenue of $7.22 billion during the quarter, compared to analysts’ expectations of $7.29 billion. Hewlett Packard Enterprise had a negative net margin of 0.63% and a positive return on equity of 12.92%. The company’s revenue was down 7.0% compared to the same quarter last year. During the same period in the previous year, the company earned $0.44 earnings per share. As a group, equities analysts anticipate that Hewlett Packard Enterprise Co will post 1.74 EPS for the current year.

About Hewlett Packard Enterprise

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.

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

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