15,481 Shares in Hewlett Packard Enterprise Company $HPE Bought by Optas LLC

Optas LLC bought a new position in shares of Hewlett Packard Enterprise Company (NYSE:HPE) in the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm bought 15,481 shares of the technology company’s stock, valued at approximately $317,000.

A number of other hedge funds have also bought and sold shares of HPE. Farther Finance Advisors LLC raised its stake in Hewlett Packard Enterprise by 2.3% during the first quarter. Farther Finance Advisors LLC now owns 31,437 shares of the technology company’s stock worth $492,000 after buying an additional 699 shares during the last quarter. Harbor Capital Advisors Inc. raised its stake in Hewlett Packard Enterprise by 90.6% during the first quarter. Harbor Capital Advisors Inc. now owns 29,055 shares of the technology company’s stock worth $448,000 after buying an additional 13,813 shares during the last quarter. GAMMA Investing LLC increased its stake in Hewlett Packard Enterprise by 14.4% in the first quarter. GAMMA Investing LLC now owns 17,760 shares of the technology company’s stock valued at $274,000 after purchasing an additional 2,239 shares in the last quarter. Simplicity Wealth LLC increased its stake in Hewlett Packard Enterprise by 10.2% in the first quarter. Simplicity Wealth LLC now owns 11,548 shares of the technology company’s stock valued at $178,000 after purchasing an additional 1,070 shares in the last quarter. Finally, Avanza Fonder AB increased its stake in Hewlett Packard Enterprise by 11.0% in the first quarter. Avanza Fonder AB now owns 133,712 shares of the technology company’s stock valued at $2,155,000 after purchasing an additional 13,218 shares in the last quarter. Institutional investors own 80.78% of the company’s stock.

Insider Activity

In other Hewlett Packard Enterprise news, CEO Antonio F. Neri sold 166,666 shares of the company’s stock in a transaction dated Friday, August 22nd. The shares were sold at an average price of $22.52, for a total value of $3,753,318.32. Following the completion of the sale, the chief executive officer directly owned 1,919,060 shares of the company’s stock, valued at approximately $43,217,231.20. This represents a 7.99% decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, EVP Maeve C. Culloty sold 3,738 shares of the company’s stock in a transaction dated Tuesday, September 23rd. The stock was sold at an average price of $25.12, for a total transaction of $93,898.56. The disclosure for this sale can be found here. Insiders sold 543,738 shares of company stock worth $12,922,932 over the last three months. 0.36% of the stock is currently owned by insiders.

Hewlett Packard Enterprise Stock Up 0.6%

Shares of NYSE HPE opened at $26.23 on Friday. The stock has a market capitalization of $34.61 billion, a P/E ratio of 31.99, a P/E/G ratio of 2.72 and a beta of 1.45. The company has a 50-day moving average price of $23.13 and a 200-day moving average price of $19.53. Hewlett Packard Enterprise Company has a 1 year low of $11.97 and a 1 year high of $26.44. The company has a debt-to-equity ratio of 0.69, a current ratio of 0.95 and a quick ratio of 0.69.

Hewlett Packard Enterprise Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, October 17th. Stockholders of record on Thursday, September 18th will be issued a dividend of $0.13 per share. This represents a $0.52 dividend on an annualized basis and a dividend yield of 2.0%. The ex-dividend date is Thursday, September 18th. Hewlett Packard Enterprise’s dividend payout ratio (DPR) is currently 63.41%.

Analyst Ratings Changes

Several research firms have weighed in on HPE. Zacks Research downgraded shares of Hewlett Packard Enterprise from a “strong-buy” rating to a “hold” rating in a research note on Monday, September 29th. KeyCorp began coverage on shares of Hewlett Packard Enterprise in a research note on Thursday, June 26th. They issued a “sector weight” rating for the company. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Hewlett Packard Enterprise in a research note on Wednesday. Wall Street Zen raised shares of Hewlett Packard Enterprise from a “sell” rating to a “hold” rating in a research note on Sunday, July 13th. Finally, Bank of America lifted their price target on shares of Hewlett Packard Enterprise from $24.00 to $25.00 and gave the company a “buy” rating in a research note on Tuesday, September 2nd. One investment analyst has rated the stock with a Strong Buy rating, eight have assigned a Buy rating and twelve have assigned a Hold rating to the company. According to MarketBeat.com, the stock has an average rating of “Hold” and a consensus price target of $25.06.

Hewlett Packard Enterprise Company 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.