Several other hedge funds and other institutional investors have also bought and sold shares of HPE. Reilly Financial Advisors LLC boosted its position in shares of Hewlett Packard Enterprise by 5.3% in the first quarter.
Beta is also an important valuation ratio for analyzing the stock of the company, HPE has Beta of 0 while its industry and Sector's beta remains at 0.98 and 1.34 respectively. First Trust Advisors LP now owns 3,497,626 shares of the technology company's stock valued at $82,894,000 after buying an additional 696,516 shares during the period. State of Alaska Department of Revenue purchased a new position in shares of Hewlett Packard Enterprise during the first quarter worth $125,000. James Investment Research Inc. now owns 5,580 shares of the technology company's stock worth $132,000 after buying an additional 450 shares during the period. Finally, Norges Bank acquired a new position in shares of Hewlett Packard Enterprise during the fourth quarter worth about $372,714,000. Looking at this figure it suggests that the shares of Hewlett Packard Enterprise Company (HPE) may be overvalued, however, this can also depend upon the situation of the market; if the market is strong then it could suggest that Hewlett Packard Enterprise Company (HPE) is a good investment, however if the market is weaker then it could suggest that the shares are undervalued. The last session's volume of 11.79 million shares was higher than its average volume of 11.41 million shares. The firm's 50-day moving average is $18.63 and its 200 day moving average is $22.08. Hewlett Packard Enterprise Co has a 1-year low of $16.84 and a 1-year high of $19.16. Gamco Investors INC. ET AL owned about 0.06% of Hewlett Packard Enterprise worth $24,882,000 as of its most recent filing with the SEC. Stock traders purchased 5,446 put options on the stock. This represents an increase of 695% compared to the typical daily volume of 685 put options.
Hewlett Packard Enterprise Company (HPE) will report its next earnings on May 31 AMC. The analysts estimated EPS for the higher end at 0.38 and lower end at 0.33 while the year ago reported earnings per share was 0.45. That value represents a market adjusting for revenues that have been falling by -10.35 % on a quarterly year/year basis as of the company's last quarterly report.
Now the P/E of Hewlett Packard Enterprise Company stands at 10.25. The business's quarterly revenue was down 10.4% compared to the same quarter previous year.
The Mosaic Company (MOS) declined -0.77% and its total traded volume was 2.88 million shares contrast to the average volume of 5.12 million shares.
Hewlett Packard Enterprise Company (NYSE:HPE) last session's volume of 11.77 million shares was lower than its average volume of 15.18 million shares.
The business also recently declared a quarterly dividend, which will be paid on Wednesday, July 5th. The ex-dividend date is Monday, June 12th. Hewlett Packard Enterprise's dividend payout ratio is now 14.21%.
ILLEGAL ACTIVITY NOTICE: This report was reported by Transcript Daily and is the property of of Transcript Daily. If you are reading this report on another website, it was copied illegally and republished in violation of USA & global copyright & trademark legislation. Mizuho initiated it with "Neutral" rating and $15 target in Tuesday, November 3 report. So far, analysts are sticking with their neutral recommendations with the consensus call at 2.2. The stock of Hewlett Packard Enterprise Co (NYSE:HPE) earned "Hold" rating by Brean Capital on Friday, November 6. Jefferies Group LLC reissued a "buy" rating and issued a $27.00 price target on shares of Hewlett Packard Enterprise in a research note on Friday, February 24th. The stock now has a consensus rating of "Hold" and an average price target of $22.87. Finally, Credit Suisse Group AG reissued a "buy" rating and issued a $21.00 price target on shares of Hewlett Packard Enterprise in a research report on Tuesday.
In other Hewlett Packard Enterprise news, EVP John F. Schultz sold 17,176 shares of Hewlett Packard Enterprise stock in a transaction dated Friday, March 31st. Following the completion of the sale, the senior vice president now directly owns 31,695 shares of the company's stock, valued at approximately $577,799.85. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. The stock was sold at an average price of $18.90, for a total transaction of $384,501.60.