Hewlett Packard Enterprise (NYSE:HPE) Shares Sold by Banco Bilbao Vizcaya Argentaria S.A.

Banco Bilbao Vizcaya Argentaria S.A. lowered its position in shares of Hewlett Packard Enterprise (NYSE:HPE) by 6.5% in the fourth quarter, HoldingsChannel.com reports. The firm owned 670,869 shares of the technology company’s stock after selling 46,322 shares during the quarter. Banco Bilbao Vizcaya Argentaria S.A.’s holdings in Hewlett Packard Enterprise were worth $14,322,000 as of its most recent SEC filing.

Other large investors have also recently bought and sold shares of the company. Geode Capital Management LLC boosted its position in shares of Hewlett Packard Enterprise by 2.2% during the 4th quarter. Geode Capital Management LLC now owns 32,173,982 shares of the technology company’s stock worth $686,011,000 after acquiring an additional 681,242 shares in the last quarter. Raymond James Financial Inc. acquired a new position in Hewlett Packard Enterprise in the fourth quarter valued at approximately $292,959,000. Boston Partners boosted its holdings in Hewlett Packard Enterprise by 19.1% in the fourth quarter. Boston Partners now owns 12,848,336 shares of the technology company’s stock valued at $276,075,000 after purchasing an additional 2,058,562 shares in the last quarter. Slate Path Capital LP increased its stake in Hewlett Packard Enterprise by 44.8% in the fourth quarter. Slate Path Capital LP now owns 12,689,164 shares of the technology company’s stock valued at $270,914,000 after purchasing an additional 3,924,039 shares during the last quarter. Finally, Charles Schwab Investment Management Inc. raised its holdings in Hewlett Packard Enterprise by 1.4% during the fourth quarter. Charles Schwab Investment Management Inc. now owns 9,744,952 shares of the technology company’s stock worth $208,055,000 after purchasing an additional 135,874 shares in the last quarter. Hedge funds and other institutional investors own 80.78% of the company’s stock.

Insider Transactions at Hewlett Packard Enterprise

In related news, Director Bethany Mayer sold 6,409 shares of the company’s stock in a transaction on Friday, April 4th. The stock was sold at an average price of $13.19, for a total transaction of $84,534.71. The sale was disclosed in a document filed with the SEC, which is available at this link. Company insiders own 0.36% of the company’s stock.

Hewlett Packard Enterprise Stock Up 5.6 %

Shares of NYSE:HPE opened at $16.21 on Friday. The company has a market cap of $21.29 billion, a price-to-earnings ratio of 8.53, a PEG ratio of 2.03 and a beta of 1.20. Hewlett Packard Enterprise has a fifty-two week low of $11.97 and a fifty-two week high of $24.66. The firm’s 50-day simple moving average is $16.41 and its 200-day simple moving average is $19.76. The company has a quick ratio of 0.99, a current ratio of 1.29 and a debt-to-equity ratio of 0.54.

Hewlett Packard Enterprise Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, April 18th. Shareholders of record on Friday, March 21st were given a dividend of $0.13 per share. This represents a $0.52 annualized dividend and a yield of 3.21%. The ex-dividend date of this dividend was Friday, March 21st. Hewlett Packard Enterprise’s payout ratio is 25.37%.

Analyst Ratings Changes

A number of research analysts recently commented on the stock. Bank of America dropped their target price on shares of Hewlett Packard Enterprise from $26.00 to $20.00 and set a “buy” rating on the stock in a research report on Friday, March 7th. Barclays dropped their price objective on Hewlett Packard Enterprise from $27.00 to $20.00 and set an “overweight” rating on the stock in a report on Friday, March 7th. Morgan Stanley downgraded Hewlett Packard Enterprise from an “overweight” rating to an “equal weight” rating and set a $14.00 target price for the company. in a report on Tuesday, April 8th. Daiwa Capital Markets downgraded Hewlett Packard Enterprise from an “outperform” rating to a “neutral” rating and set a $16.00 price target on the stock. in a research note on Wednesday, March 12th. Finally, StockNews.com cut Hewlett Packard Enterprise from a “buy” rating to a “hold” rating in a research note on Friday, March 7th. Ten equities research analysts have rated the stock with a hold rating, six have issued a buy rating and one has given a strong buy rating to the company. According to MarketBeat, the company currently has an average rating of “Hold” and an average target price of $20.60.

About Hewlett Packard Enterprise

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.