Generali Investments Towarzystwo Funduszy Inwestycyjnych Sells 1,000 Shares of Hewlett Packard Enterprise (NYSE:HPE)

Generali Investments Towarzystwo Funduszy Inwestycyjnych decreased its holdings in Hewlett Packard Enterprise (NYSE:HPE) by 10.9% during the 4th quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 8,200 shares of the technology company’s stock after selling 1,000 shares during the quarter. Generali Investments Towarzystwo Funduszy Inwestycyjnych’s holdings in Hewlett Packard Enterprise were worth $175,000 at the end of the most recent quarter.

Several other large investors have also added to or reduced their stakes in HPE. QRG Capital Management Inc. lifted its position in shares of Hewlett Packard Enterprise by 15.2% during the 4th quarter. QRG Capital Management Inc. now owns 388,304 shares of the technology company’s stock worth $8,290,000 after buying an additional 51,188 shares in the last quarter. Proficio Capital Partners LLC bought a new position in shares of Hewlett Packard Enterprise during the 4th quarter worth approximately $3,598,000. Mn Services Vermogensbeheer B.V. lifted its position in shares of Hewlett Packard Enterprise by 1.7% during the 4th quarter. Mn Services Vermogensbeheer B.V. now owns 506,800 shares of the technology company’s stock worth $10,820,000 after buying an additional 8,500 shares in the last quarter. SRN Advisors LLC lifted its position in shares of Hewlett Packard Enterprise by 54.1% during the 4th quarter. SRN Advisors LLC now owns 59,801 shares of the technology company’s stock worth $1,277,000 after buying an additional 21,000 shares in the last quarter. Finally, NewEdge Wealth LLC lifted its position in shares of Hewlett Packard Enterprise by 9.9% during the 4th quarter. NewEdge Wealth LLC now owns 135,858 shares of the technology company’s stock worth $2,901,000 after buying an additional 12,253 shares in the last quarter. Institutional investors own 80.78% of the company’s stock.

Hewlett Packard Enterprise Stock Down 2.6 %

Hewlett Packard Enterprise stock opened at $19.84 on Friday. Hewlett Packard Enterprise has a 1-year low of $14.47 and a 1-year high of $24.66. The firm has a market capitalization of $26.05 billion, a price-to-earnings ratio of 10.44, a P/E/G ratio of 2.03 and a beta of 1.19. The company has a current ratio of 1.29, a quick ratio of 0.99 and a debt-to-equity ratio of 0.54. The firm has a 50 day simple moving average of $21.88 and a 200 day simple moving average of $20.70.

Hewlett Packard Enterprise Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Thursday, January 16th. Shareholders of record on Friday, December 20th were issued a $0.13 dividend. This represents a $0.52 annualized dividend and a yield of 2.62%. The ex-dividend date was Friday, December 20th. Hewlett Packard Enterprise’s payout ratio is 27.37%.

Analysts Set New Price Targets

Several equities analysts have commented on HPE shares. Deutsche Bank Aktiengesellschaft raised shares of Hewlett Packard Enterprise from a “hold” rating to a “buy” rating and set a $25.00 target price on the stock in a research report on Thursday, December 19th. Raymond James raised shares of Hewlett Packard Enterprise from an “outperform” rating to a “strong-buy” rating and lifted their target price for the stock from $23.00 to $29.00 in a research report on Monday, November 18th. Stifel Nicolaus raised their price target on shares of Hewlett Packard Enterprise from $22.00 to $25.00 and gave the stock a “buy” rating in a research note on Friday, December 6th. Citigroup upgraded shares of Hewlett Packard Enterprise from a “neutral” rating to a “buy” rating and raised their price target for the stock from $23.00 to $26.00 in a research note on Friday, December 6th. Finally, StockNews.com lowered shares of Hewlett Packard Enterprise from a “strong-buy” rating to a “buy” rating in a research note on Thursday, February 6th. Six analysts have rated the stock with a hold rating, eight have issued a buy rating and one has issued a strong buy rating to the stock. According to MarketBeat.com, Hewlett Packard Enterprise has an average rating of “Moderate Buy” and a consensus target price of $24.00.

Insider Buying and Selling at Hewlett Packard Enterprise

In other Hewlett Packard Enterprise news, SVP Jeremy Cox sold 7,771 shares of the firm’s stock in a transaction on Friday, December 6th. The shares were sold at an average price of $23.00, for a total value of $178,733.00. Following the completion of the transaction, the senior vice president now directly owns 61,735 shares of the company’s stock, valued at $1,419,905. This trade represents a 11.18 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, EVP John F. Schultz sold 262,818 shares of Hewlett Packard Enterprise stock in a transaction on Wednesday, December 11th. The stock was sold at an average price of $21.62, for a total transaction of $5,682,125.16. Following the sale, the executive vice president now directly owns 270,430 shares of the company’s stock, valued at $5,846,696.60. This represents a 49.29 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 332,166 shares of company stock valued at $7,300,629 in the last three months. Company insiders own 0.36% of the company’s stock.

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.