Just the Facts on Hewlett Packard Enterprise Company (HPE)
- Author: Zachary Reyes Jun 03, 2017,
Jun 03, 2017, 12:19
The company was maintained on Thursday, September 8 by Mizuho. Virtus Investment Advisers Inc. acquired a new stake in shares of Hewlett Packard Enterprise during the third quarter valued at $170,000. Spark Investment Management LLC now owns 415,300 shares of the technology company's stock valued at $9,448,000 after buying an additional 233,600 shares in the last quarter. YorkBridge Wealth Partners LLC increased its position in shares of Hewlett Packard Enterprise by 12.1% in the first quarter.
During last one month it showed the change of -6.31%. Finally, Arizona State Retirement System raised its position in Hewlett Packard Enterprise by 0.4% in the third quarter.
Over the last 5 years, Hewlett Packard Enterprise Company has a -4.30% revenue growth rate. Moreover, Agf Investments America Inc. has 3.81% invested in the company for 180,229 shares. Over the last five days, shares have faced -7.35% losses and now is up 0.64% since hitting its 200-day moving average of $21.84. For HPE, the company now has $6.21 Billion of cash on the books, which is offset by $3.52 Billion current liabilities. Hewlett Packard Enterprise Co has a 12-month low of $12.71 and a 12-month high of $19.16. Traders bought 13,619 call options on the stock. Volume of about 25 million was about 15% above the daily average. Wells Fargo downgraded Hewlett Packard Enterprise Co (NYSE:HPE) on Thursday, September 8 to "Market Perform" rating. Equities research analysts anticipate that Hewlett Packard Enterprise Co will post $1.43 earnings per share for the current fiscal year. Its revenue totaled $9.64 billion down -15.51% from the previous quarter. Hewlett Packard Enterprise had a net margin of 6.31% and a return on equity of 10.43%.
Under Chief Executive Meg Whitman, HPE has inked a string of deals to sharpen its focus on the enterprise group business, which generates about 62 percent of total revenue.
Analysts await Xylem Inc (NYSE:XYL) to report earnings on August, 1. Janney Montgomery Scott LLC now owns 113,285 shares of the technology company's stock valued at $2,685,000 after buying an additional 14,452 shares during the period. Stockholders of record on Wednesday, June 14th will be paid a $0.065 dividend. It has a dividend yield of 1.48%. The ex-dividend date of this dividend is Monday, June 12th.
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Several other large investors have also recently modified their holdings of the company.
Shares of Hewlett Packard Enterprise Co (NYSE:HPE) traded down 0.68% during trading on Friday, reaching $17.40. Barclays Capital maintained Hewlett Packard Enterprise Co (NYSE:HPE) on Wednesday, May 10 with "Underweight" rating. Morgan Stanley initiated it with "Equal Weight" rating and $78 target in Tuesday, September 1 report.
In other Hewlett Packard Enterprise news, EVP Michael G. Nefkens sold 831,311 shares of the business's stock in a transaction that occurred on Friday, March 10th. The firm has "Hold" rating by Stifel Nicolaus given on Thursday, May 25. Macquarie Research upgraded it to "Outperform" rating and $22 target in Monday, March 21 report. The stock has been active on the tape, now trading at $17.52, down from yesterday's close by -6.86%. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website.
About 22.98M shares traded or 71.75% up from the average. The disclosure for this sale can be found here. The 52-week range of the share price is from $12.74 - $19.16, while its earnings per share (EPS) was $1.84.
Hewlett Packard Enterprise Company is a well-known provider of technology solutions. The Company's segments include: Enterprise Group, Software, Financial Services and Corporate Investments.