State of Wisconsin Investment Board Has $25.78 Million Holdings in Hewlett Packard Enterprise Co (HPE)

State of Wisconsin Investment Board decreased its holdings in shares of Hewlett Packard Enterprise Co (NYSE:HPE) by 5.1% during the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 1,764,293 shares of the technology company’s stock after selling 95,114 shares during the quarter. State of Wisconsin Investment Board’s holdings in Hewlett Packard Enterprise were worth $25,776,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds have also modified their holdings of the company. Daiwa Securities Group Inc. boosted its position in shares of Hewlett Packard Enterprise by 7.5% during the 1st quarter. Daiwa Securities Group Inc. now owns 52,519 shares of the technology company’s stock worth $921,000 after purchasing an additional 3,648 shares in the last quarter. Hanson McClain Inc. raised its stake in shares of Hewlett Packard Enterprise by 18.7% during the 1st quarter. Hanson McClain Inc. now owns 18,576 shares of the technology company’s stock worth $326,000 after buying an additional 2,929 shares during the last quarter. NuWave Investment Management LLC raised its stake in shares of Hewlett Packard Enterprise by 64,068.1% during the 1st quarter. NuWave Investment Management LLC now owns 72,510 shares of the technology company’s stock worth $1,321,000 after buying an additional 72,397 shares during the last quarter. Polaris Capital Management LLC raised its stake in shares of Hewlett Packard Enterprise by 107.4% during the 1st quarter. Polaris Capital Management LLC now owns 1,395,900 shares of the technology company’s stock worth $24,484,000 after buying an additional 722,700 shares during the last quarter. Finally, Commerzbank Aktiengesellschaft FI raised its stake in shares of Hewlett Packard Enterprise by 9.2% during the 1st quarter. Commerzbank Aktiengesellschaft FI now owns 541,327 shares of the technology company’s stock worth $9,495,000 after buying an additional 45,724 shares during the last quarter. 81.29% of the stock is currently owned by institutional investors and hedge funds.

In related news, CEO Antonio F. Neri sold 138,593 shares of the business’s stock in a transaction dated Tuesday, June 12th. The shares were sold at an average price of $15.92, for a total value of $2,206,400.56. Following the completion of the transaction, the chief executive officer now owns 259,157 shares of the company’s stock, valued at approximately $4,125,779.44. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. Also, Director Margaret C. Whitman sold 255,485 shares of the business’s stock in a transaction dated Friday, July 6th. The shares were sold at an average price of $15.01, for a total transaction of $3,834,829.85. Following the completion of the transaction, the director now directly owns 127,154 shares of the company’s stock, valued at approximately $1,908,581.54. The disclosure for this sale can be found here. Insiders sold a total of 5,902,070 shares of company stock valued at $93,243,515 in the last three months. 1.18% of the stock is currently owned by corporate insiders.

Shares of Hewlett Packard Enterprise opened at $15.85 on Friday, MarketBeat reports. Hewlett Packard Enterprise Co has a twelve month low of $12.81 and a twelve month high of $19.48. The stock has a market capitalization of $24.39 billion, a P/E ratio of 16.51, a PEG ratio of 1.19 and a beta of 1.75. The company has a debt-to-equity ratio of 0.42, a current ratio of 1.04 and a quick ratio of 0.89.

Hewlett Packard Enterprise (NYSE:HPE) last announced its earnings results on Tuesday, May 22nd. The technology company reported $0.34 earnings per share for the quarter, beating the consensus estimate of $0.31 by $0.03. Hewlett Packard Enterprise had a net margin of 9.36% and a return on equity of 8.25%. The firm had revenue of $7.47 billion during the quarter, compared to the consensus estimate of $7.39 billion. During the same quarter in the previous year, the company posted $0.35 EPS. The firm’s revenue for the quarter was up 9.7% on a year-over-year basis. analysts expect that Hewlett Packard Enterprise Co will post 1.44 EPS for the current year.

The company also recently announced a quarterly dividend, which will be paid on Wednesday, October 3rd. Investors of record on Wednesday, September 12th will be paid a $0.1125 dividend. This represents a $0.45 annualized dividend and a yield of 2.84%. The ex-dividend date of this dividend is Tuesday, September 11th. Hewlett Packard Enterprise’s payout ratio is 46.88%.

Several research analysts have recently issued reports on HPE shares. Morgan Stanley lifted their price target on Hewlett Packard Enterprise from $20.00 to $21.00 and gave the stock an “overweight” rating in a research note on Wednesday, May 23rd. Barclays reaffirmed a “sell” rating on shares of Hewlett Packard Enterprise in a research note on Wednesday, May 23rd. Zacks Investment Research downgraded Hewlett Packard Enterprise from a “buy” rating to a “hold” rating in a research note on Monday, May 28th. OTR Global raised Hewlett Packard Enterprise to a “positive” rating in a research note on Thursday, May 17th. Finally, BMO Capital Markets reaffirmed a “hold” rating and set a $19.00 price target on shares of Hewlett Packard Enterprise in a research note on Tuesday, May 22nd. Two investment analysts have rated the stock with a sell rating, seventeen have assigned a hold rating and eight have given a buy rating to the company’s stock. Hewlett Packard Enterprise has an average rating of “Hold” and an average target price of $17.05.

Hewlett Packard Enterprise Profile

Hewlett Packard Enterprise Company operates as a technology company. The company operates through four segments: Hybrid IT, Intelligent Edge, Financial Services, and Corporate Investments. The Hybrid IT segment provides industry standard servers, as well as mission-critical servers to address the full array of its customers' computing needs; converged storage solutions, including all-flash arrays and hybrid storage solutions; and traditional storage solutions comprising tape, storage networking, and legacy external disk products.

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Institutional Ownership by Quarter for Hewlett Packard Enterprise (NYSE:HPE)

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