Mn Services Vermogensbeheer B.V. Sells 12,300 Shares of Hewlett Packard Enterprise (NYSE:HPE)

Mn Services Vermogensbeheer B.V. cut its position in Hewlett Packard Enterprise (NYSE:HPE) by 2.4% in the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 498,300 shares of the technology company’s stock after selling 12,300 shares during the quarter. Mn Services Vermogensbeheer B.V.’s holdings in Hewlett Packard Enterprise were worth $10,195,000 at the end of the most recent reporting period.

Other institutional investors have also recently modified their holdings of the company. Janney Montgomery Scott LLC raised its holdings in shares of Hewlett Packard Enterprise by 27.7% during the 1st quarter. Janney Montgomery Scott LLC now owns 165,242 shares of the technology company’s stock worth $2,930,000 after buying an additional 35,887 shares in the last quarter. Fidelis Capital Partners LLC bought a new stake in shares of Hewlett Packard Enterprise in the 1st quarter valued at about $61,000. Daiwa Securities Group Inc. grew its position in shares of Hewlett Packard Enterprise by 2.7% in the 1st quarter. Daiwa Securities Group Inc. now owns 136,026 shares of the technology company’s stock valued at $2,412,000 after buying an additional 3,537 shares during the last quarter. Central Pacific Bank Trust Division bought a new stake in shares of Hewlett Packard Enterprise in the 1st quarter valued at about $388,000. Finally, Chevy Chase Trust Holdings LLC grew its position in shares of Hewlett Packard Enterprise by 0.4% in the 1st quarter. Chevy Chase Trust Holdings LLC now owns 721,862 shares of the technology company’s stock valued at $12,799,000 after buying an additional 3,018 shares during the last quarter. 80.78% of the stock is currently owned by institutional investors.

Hewlett Packard Enterprise Stock Performance

Shares of Hewlett Packard Enterprise stock opened at $20.00 on Wednesday. The company has a market cap of $25.97 billion, a PE ratio of 14.29, a price-to-earnings-growth ratio of 3.45 and a beta of 1.19. Hewlett Packard Enterprise has a 52 week low of $14.47 and a 52 week high of $22.82. The business has a 50 day moving average price of $19.41 and a 200-day moving average price of $19.20. The company has a quick ratio of 0.62, a current ratio of 0.94 and a debt-to-equity ratio of 0.36.

Hewlett Packard Enterprise (NYSE:HPE) last issued its quarterly earnings data on Wednesday, September 4th. The technology company reported $0.50 EPS for the quarter, topping the consensus estimate of $0.47 by $0.03. The firm had revenue of $7.71 billion during the quarter, compared to the consensus estimate of $7.67 billion. Hewlett Packard Enterprise had a return on equity of 8.94% and a net margin of 6.39%. The company’s quarterly revenue was up 10.1% compared to the same quarter last year. During the same period in the prior year, the business posted $0.35 earnings per share. Equities analysts anticipate that Hewlett Packard Enterprise will post 1.66 earnings per share for the current fiscal year.

Hewlett Packard Enterprise Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Friday, October 18th. Investors of record on Thursday, September 19th were given a dividend of $0.13 per share. This represents a $0.52 dividend on an annualized basis and a dividend yield of 2.60%. The ex-dividend date was Thursday, September 19th. Hewlett Packard Enterprise’s payout ratio is 37.14%.

Insider Activity at Hewlett Packard Enterprise

In related news, CEO Antonio F. Neri sold 83,334 shares of the stock in a transaction that occurred on Wednesday, September 25th. The stock was sold at an average price of $19.72, for a total transaction of $1,643,346.48. Following the completion of the sale, the chief executive officer now directly owns 1,758,641 shares of the company’s stock, valued at approximately $34,680,400.52. This trade represents a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. In related news, CEO Antonio F. Neri sold 83,334 shares of the stock in a transaction that occurred on Wednesday, September 25th. The stock was sold at an average price of $19.72, for a total transaction of $1,643,346.48. Following the completion of the sale, the chief executive officer now directly owns 1,758,641 shares of the company’s stock, valued at approximately $34,680,400.52. This trade represents a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, CEO Antonio F. Neri sold 250,000 shares of the stock in a transaction that occurred on Monday, October 14th. The shares were sold at an average price of $20.73, for a total value of $5,182,500.00. Following the sale, the chief executive officer now directly owns 1,508,641 shares of the company’s stock, valued at $31,274,127.93. The trade was a 0.00 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last three months, insiders sold 426,012 shares of company stock valued at $8,599,617. 0.40% of the stock is owned by insiders.

Analyst Ratings Changes

HPE has been the topic of a number of analyst reports. Barclays upgraded Hewlett Packard Enterprise from an “equal weight” rating to an “overweight” rating and upped their price target for the company from $20.00 to $24.00 in a research report on Wednesday, September 25th. Deutsche Bank Aktiengesellschaft started coverage on Hewlett Packard Enterprise in a research report on Wednesday, October 9th. They set a “hold” rating and a $22.00 target price on the stock. Susquehanna restated a “neutral” rating and set a $20.00 target price on shares of Hewlett Packard Enterprise in a research report on Friday, October 11th. Bank of America upgraded Hewlett Packard Enterprise from a “neutral” rating to a “buy” rating and upped their target price for the company from $21.00 to $24.00 in a research report on Tuesday, September 17th. Finally, UBS Group increased their price target on Hewlett Packard Enterprise from $17.00 to $19.00 and gave the stock a “neutral” rating in a report on Thursday, September 5th. Nine analysts have rated the stock with a hold rating and five have issued a buy rating to the company’s stock. According to data from MarketBeat, Hewlett Packard Enterprise has an average rating of “Hold” and an average price target of $21.46.

Hewlett Packard Enterprise Profile

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.