Hewlett Packard Enterprise Co (NYSE:HPE), CyberOptics Corporation (NASDAQ:CYBE)
- Author: Zachary Reyes May 31, 2017,
May 31, 2017, 0:15
This is 6.21 % from the last stock price. Bank of Nova Scotia increased its position in Hewlett Packard Enterprise by 46.1% in the first quarter. Arizona State Retirement System now owns 409,176 shares of the technology company's stock valued at $9,309,000 after buying an additional 1,600 shares during the period. (NYSE:TCS) trades at $5.68 having a market capitalization of $271.22 million. Boston Research & Management Inc. acquired a new position in shares of Hewlett Packard Enterprise during the third quarter valued at approximately $202,000. See which 3 stocks are most likely to make moves following their insider activities.
The company has just set a target price of $20.00 on Hewlett-Packard (NYSE:HPE) shares. About 13.44M shares traded or 17.18% up from the average. Hewlett Packard Enterprise Company (NYSE:HPE) shares have been recently spotted -1.51% away from the 52-week high, and 48.47% away from the 52-week low mark. The company has a market cap of $31.64 Billion. The firm has a 50-day moving average of $18.60 and a 200 day moving average of $21.96. OTR Global raised Hewlett Packard Enterprise to a "positive" rating in a research note on Wednesday, February 15th.
The company's net profit margin stands at 15.40% whereas its return on equity (ROE) is 19.80%. In comparison, a year ago the company earned revenue of $11.5 billion and had a net profit of $629 million. During the same quarter in the prior year, the company posted $0.41 EPS. In contrast to the year ago quarter EPS was at 0.5.
TRADEMARK VIOLATION NOTICE: "Hewlett Packard Enterprise Co (HPE) Receives Average Rating of "Hold" from Analysts" was first posted by Sports Perspectives and is the sole property of of Sports Perspectives. Shareholders of record on Wednesday, June 14th will be paid a $0.065 dividend.
The important indication of dividend power is not so much a high dividend yield but high company quality, which you can discover through its history of dividends, which should increase over time. The ex-dividend date is Monday, June 12th. Hewlett Packard Enterprise's payout ratio is 14.21%. If you are accessing this piece on another domain, it was stolen and republished in violation of United States and worldwide copyright laws. The legal version of this report can be read at https://www.themarketsdaily.com/2017/05/28/bank-of-new-york-mellon-corp-has-463-399-million-stake-in-hewlett-packard-enterprise-co-hpe-updated.html.
Several brokerages have recently issued reports on HPE. The stock presently has a consensus rating of "Hold" and an average price target of $22.83.
Analysts polled by Thomson Reuters have set a consensus target price of $20.240 on shares. Share performance for the month is now at 1.07%. Three equities research analysts have rated the stock with a sell rating, seventeen have assigned a hold rating, eleven have issued a buy rating and one has assigned a strong buy rating to the stock. Needham has "Buy" rating and $24.0 target. Volume in the last session has decreased compared with TCS's average trading volume. The stock was sold at an average price of $23.50, for a total value of $738,393.50. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink.
In other news, EVP Michael G. Nefkens sold 831,311 shares of Hewlett Packard Enterprise stock in a transaction on Friday, March 10th. After a recent check, company stock has been trading near the $18.87 mark. Following the completion of the transaction, the executive vice president now directly owns 474,245 shares in the company, valued at $10,627,830.45. The disclosure for this sale can be found here. Bank of Nova Scotia now owns 1,091,106 shares of the technology company's stock worth $25,859,000 after buying an additional 344,041 shares in the last quarter. Institutional investors own 79.10% of the company's stock. Out of the polled analysts providing targets, the high is now $N/A, while the low is resting at $N/A.