5,141,028 Shares in Hewlett Packard Enterprise (NYSE:HPE) Acquired by Mizuho Markets Americas LLC

Mizuho Markets Americas LLC purchased a new stake in shares of Hewlett Packard Enterprise (NYSE:HPE) during the third quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor purchased 5,141,028 shares of the technology company’s stock, valued at approximately $105,185,000. Hewlett Packard Enterprise makes up 2.2% of Mizuho Markets Americas LLC’s investment portfolio, making the stock its 12th biggest holding. Mizuho Markets Americas LLC owned about 0.40% of Hewlett Packard Enterprise at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also made changes to their positions in the stock. Valley Wealth Managers Inc. acquired a new position in Hewlett Packard Enterprise during the third quarter valued at $26,000. Empirical Finance LLC lifted its holdings in shares of Hewlett Packard Enterprise by 2.1% in the 3rd quarter. Empirical Finance LLC now owns 44,509 shares of the technology company’s stock valued at $911,000 after buying an additional 925 shares during the period. Empowered Funds LLC boosted its stake in shares of Hewlett Packard Enterprise by 366.4% in the third quarter. Empowered Funds LLC now owns 515,528 shares of the technology company’s stock worth $10,548,000 after buying an additional 405,000 shares during the last quarter. CIBC Asset Management Inc grew its holdings in Hewlett Packard Enterprise by 7.0% during the third quarter. CIBC Asset Management Inc now owns 221,562 shares of the technology company’s stock worth $4,533,000 after acquiring an additional 14,493 shares during the period. Finally, Impax Asset Management Group plc raised its position in Hewlett Packard Enterprise by 58.9% during the third quarter. Impax Asset Management Group plc now owns 45,139 shares of the technology company’s stock valued at $924,000 after acquiring an additional 16,739 shares in the last quarter. Hedge funds and other institutional investors own 80.78% of the company’s stock.

Analysts Set New Price Targets

A number of equities research analysts have recently commented on the stock. Bank of America raised shares of Hewlett Packard Enterprise from a “neutral” rating to a “buy” rating and raised their price objective for the stock from $21.00 to $24.00 in a research note on Tuesday, September 17th. Susquehanna restated a “neutral” rating and set a $20.00 price target on shares of Hewlett Packard Enterprise in a research report on Friday, October 11th. Citigroup began coverage on shares of Hewlett Packard Enterprise in a research report on Monday, September 23rd. They issued a “neutral” rating and a $20.00 price objective for the company. Deutsche Bank Aktiengesellschaft initiated coverage on Hewlett Packard Enterprise in a research report on Wednesday, October 9th. They set a “hold” rating and a $22.00 target price on the stock. Finally, Barclays raised Hewlett Packard Enterprise from an “equal weight” rating to an “overweight” rating and upped their price target for the stock from $20.00 to $24.00 in a report on Wednesday, September 25th. Nine equities research analysts have rated the stock with a hold rating and five have given a buy rating to the stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Hold” and a consensus target price of $21.46.

Insider Transactions at Hewlett Packard Enterprise

In other Hewlett Packard Enterprise news, EVP Neil B. Macdonald sold 29,000 shares of the business’s stock in a transaction on Friday, September 13th. The shares were sold at an average price of $17.00, for a total transaction of $493,000.00. Following the sale, the executive vice president now directly owns 82,061 shares in the company, valued at approximately $1,395,037. The trade was a 26.11 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, SVP Jeremy Cox sold 7,770 shares of the stock in a transaction dated Tuesday, October 8th. The shares were sold at an average price of $21.00, for a total transaction of $163,170.00. Following the completion of the transaction, the senior vice president now directly owns 7,771 shares of the company’s stock, valued at approximately $163,191. This trade represents a 50.00 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 426,012 shares of company stock worth $8,599,617 over the last ninety days. 0.40% of the stock is currently owned by company insiders.

Hewlett Packard Enterprise Stock Down 1.3 %

Shares of NYSE:HPE opened at $21.07 on Friday. The company has a quick ratio of 0.62, a current ratio of 0.94 and a debt-to-equity ratio of 0.36. Hewlett Packard Enterprise has a fifty-two week low of $14.47 and a fifty-two week high of $22.82. The stock has a market cap of $27.36 billion, a price-to-earnings ratio of 15.05, a price-to-earnings-growth ratio of 3.39 and a beta of 1.19. The firm’s 50 day moving average price is $19.87 and its 200 day moving average price is $19.43.

Hewlett Packard Enterprise (NYSE:HPE) last issued its quarterly earnings data on Wednesday, September 4th. The technology company reported $0.50 earnings per share for the quarter, topping the consensus estimate of $0.47 by $0.03. The business had revenue of $7.71 billion during the quarter, compared to the consensus estimate of $7.67 billion. Hewlett Packard Enterprise had a net margin of 6.39% and a return on equity of 8.94%. The company’s revenue was up 10.1% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $0.35 EPS. As a group, equities research analysts predict that Hewlett Packard Enterprise will post 1.66 earnings per share for the current fiscal year.

Hewlett Packard Enterprise Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Friday, October 18th. Stockholders of record on Thursday, September 19th were issued a $0.13 dividend. This represents a $0.52 annualized dividend and a dividend yield of 2.47%. The ex-dividend date of this dividend was Thursday, September 19th. Hewlett Packard Enterprise’s payout ratio is 37.14%.

Hewlett Packard Enterprise 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.