Heritage Investors Management Corp boosted its position in shares of Hewlett Packard Enterprise by 2.4% in the first quarter. Gulf International Bank UK Ltd now owns 520,405 shares of the technology company's stock worth $12,333,000 after buying an additional 6,800 shares during the period. Russell Investments Group Ltd. owned 0.12% of Hewlett Packard Enterprise worth $33,412,000 as of its most recent filing with the SEC. Poplar Forest Capital LLC now controls 2,777,681 shares worth $46,082,000.
Proshare Advisors LLC bolstered its position by buying 15,160 shares an increase of 8.7% as of 06/30/2017. BlackRock Inc. increased its position in Hewlett Packard Enterprise by 2,713.7% in the first quarter. Alpha Windward LLC now owns 20,667 shares of the technology company's stock valued at $343,000 after buying an additional 2,188 shares during the period. Finally, Fulton Bank N.A. boosted its position in Hewlett Packard Enterprise by 6.7% in the first quarter. Spirit of America Management Corp NY now owns 14,300 shares of the technology company's stock worth $339,000 after buying an additional 3,300 shares during the period.
Shares of Hewlett Packard Enterprise Company (HPE) opened at 17.30 on Friday.
Shares are trading at $17.31 a tad under $17.20, the stock's 50 day moving average and barely below the 200 day moving average of $17.61. Hewlett Packard Enterprise has $29 highest and $13 lowest target. BLB&B Advisors LLC purchased a new position in Hewlett Packard Enterprise during the first quarter worth approximately $247,000. The analysts estimated EPS for the higher end at 0.28 and lower end at 0.24 while the year ago reported earnings per share was 0.5. It has outperformed by 40.04% the S&P500.The move comes after 9 months positive chart setup for the $28.63 billion company. Hewlett Packard Enterprise had a net margin of 4.85% and a return on equity of 9.80%. The company's revenue for the quarter was down 22.1% on a year-over-year basis. The 1 year EPS growth rate is 35.50%. The value of the company's investment in Hewlett Packard Enterprise Comp went from $1,816,000 to $10,041,000 a change of 452.9% for the reporting period. Stockholders of record on Wednesday, September 13th will be paid a dividend of $0.065 per share. The dividend yield will be $1.47. The ex-dividend date of this dividend is Tuesday, September 12th. Hewlett Packard Enterprise's payout ratio is 20.16%.
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HPE has been the topic of several analyst reports. Maxim Group maintained the shares of HPE in report on Monday, December 5 with "Hold" rating. The firm earned "Neutral" rating on Tuesday, November 3 by Mizuho. The Mean Recommendation is the average rating on a stock by the analyst community. Finally, Stifel Nicolaus reissued a "hold" rating and issued a $20.00 price objective on shares of Hewlett Packard Enterprise in a research note on Friday, May 26th. The consensus rating is 2.8, suggesting the market has given up on the stock. Hewlett Packard Enterprise Company has a one year low of $15.46 and a one year high of $19.16. The current trading volume of 1.78 sits 32.84% higher than the past 3 month's readings, indicating near-term traders have been more active toward MAC than usual of late. The total value of its holdings decreased 16.7%. Following the transaction, the chief executive officer now directly owns 865,021 shares in the company, valued at $14,454,500.91. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, EVP Christopher P. Hsu sold 11,515 shares of the firm's stock in a transaction that occurred on Wednesday, May 31st.
Similarly, cash repurchases and a reduction of debt can increase the shareholder value, too. The disclosure for this sale can be found here. In the latest earnings report the EPS was $1.32 and is expected to be $1.45 for the current year with 1,642,630,000 shares now outstanding. Hedge funds and other institutional investors own 80.31% of the company's stock. The Company's plasma assisted biomass to energy plants utilizes technologies that produces green energy, including fuel and electricity. The Company's divisions include: Enterprise Group, Software, Financial Services and Corporate Investments.