2 weeks Ago By Defense World Staff
Townsquare Capital LLC raised its position in shares of Hewlett Packard Enterprise (NYSE:HPE – Free Report) by 5.2% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 20,800 shares of the technology company’s stock after acquiring an additional 1,036 shares during the period.
Townsquare Capital LLC’s holdings in Hewlett Packard Enterprise were worth $444,000 at the end of the most recent reporting period. Other large investors also recently modified their holdings of the company. Wilmington Savings Fund Society FSB purchased a new position in Hewlett Packard Enterprise in the third quarter valued at approximately $507,000.
Tidal Investments LLC increased its holdings in Hewlett Packard Enterprise by 169.0% in the 3rd quarter. Tidal Investments LLC now owns 359,280 shares of the technology company’s stock valued at $7,351,000 after purchasing an additional 225,719 shares in the last quarter.
Synovus Financial Corp raised its position in Hewlett Packard Enterprise by 7.9% in the third quarter. Synovus Financial Corp now owns 23,751 shares of the technology company’s stock valued at $486,000 after purchasing an additional 1,732 shares during the period.
Oddo BHF Asset Management Sas purchased a new stake in shares of Hewlett Packard Enterprise in the third quarter worth about $1,915,000. Finally, Retirement Systems of Alabama grew its stake in shares of Hewlett Packard Enterprise by 16.0% in the third quarter.
Retirement Systems of Alabama now owns 4,887,662 shares of the technology company’s stock valued at $100,002,000 after buying an additional 673,801 shares in the last quarter. 80.78% of the stock is currently owned by hedge funds and other institutional investors.
Insider ActivityIn other Hewlett Packard Enterprise news, Director Bethany Mayer sold 6,409 shares of the company’s stock in a transaction that occurred on Friday, April 4th. The stock was sold at an average price of $13.19, for a total value of $84,534.
71. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Corporate insiders own 0.
36% of the company’s stock. Analysts Set New Price TargetsHPE has been the subject of a number of analyst reports. Wells Fargo & Company decreased their price target on Hewlett Packard Enterprise from $22.
00 to $17.00 and set an “equal weight” rating for the company in a report on Friday, March 7th. Daiwa Capital Markets downgraded shares of Hewlett Packard Enterprise from an “outperform” rating to a “neutral” rating and set a $16.
00 price target on the stock. in a research note on Wednesday, March 12th. Loop Capital decreased their price objective on shares of Hewlett Packard Enterprise from $24.
00 to $16.00 and set a “hold” rating for the company in a research report on Monday, March 10th. Susquehanna dropped their target price on Hewlett Packard Enterprise from $20.
00 to $15.00 and set a “neutral” rating on the stock in a research report on Friday, March 7th. Finally, Bank of America cut their price target on Hewlett Packard Enterprise from $26.
00 to $20.00 and set a “buy” rating on the stock in a research note on Friday, March 7th. Ten analysts have rated the stock with a hold rating, six have issued a buy rating and one has assigned a strong buy rating to the stock.
Based on data from MarketBeat.com, Hewlett Packard Enterprise presently has an average rating of “Hold” and an average target price of $20.60.
Get Our Latest Research Report on Hewlett Packard EnterpriseHewlett Packard Enterprise Trading Up 1.7 %Hewlett Packard Enterprise stock opened at $15.13 on Monday.
The firm has a 50-day moving average price of $16.89 and a two-hundred day moving average price of $19.89.
The firm has a market capitalization of $19.87 billion, a price-to-earnings ratio of 7.96, a PEG ratio of 2.
03 and a beta of 1.20. The company has a quick ratio of 0.
99, a current ratio of 1.29 and a debt-to-equity ratio of 0.54.
Hewlett Packard Enterprise has a 52-week low of $11.97 and a 52-week high of $24.66.
Hewlett Packard Enterprise Dividend AnnouncementThe firm also recently declared a quarterly dividend, which was paid on Friday, April 18th. Shareholders of record on Friday, March 21st were given a dividend of $0.13 per share.
The ex-dividend date of this dividend was Friday, March 21st. This represents a $0.52 dividend on an annualized basis and a yield of 3.
44%. Hewlett Packard Enterprise’s dividend payout ratio (DPR) is presently 25.37%.
About Hewlett Packard Enterprise (Free Report)Hewlett Packard Enterprise Company provides solutions that allow customers to capture, analyze, and act upon data seamlessly in the Americas, Europe, the Middle East, Africa, the Asia Pacific, and Japan. It operates in six segments: Compute, HPC & AI, Storage, Intelligent Edge, Financial Services, and Corporate Investments and Other.Recommended StoriesFive stocks we like better than Hewlett Packard EnterpriseComparing and Trading High PE Ratio StocksWith a 60%+ Upside, There’s Plenty to Love About LovesacWhy Are Stock Sectors Important to Successful Investing?J.
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