Gulf International Bank UK Ltd Has $2.16 Million Stock Holdings in Hewlett Packard Enterprise (NYSE:HPE)

Gulf International Bank UK Ltd decreased its position in Hewlett Packard Enterprise (NYSE:HPE) by 1.0% during the 4th quarter, according to its most recent filing with the SEC. The institutional investor owned 100,981 shares of the technology company’s stock after selling 1,059 shares during the period. Gulf International Bank UK Ltd’s holdings in Hewlett Packard Enterprise were worth $2,155,000 as of its most recent filing with the SEC.

Several other institutional investors have also recently bought and sold shares of the company. Geode Capital Management LLC lifted its stake in Hewlett Packard Enterprise by 0.8% in the 3rd quarter. Geode Capital Management LLC now owns 31,492,740 shares of the technology company’s stock valued at $642,748,000 after acquiring an additional 251,076 shares in the last quarter. Pacer Advisors Inc. lifted its stake in Hewlett Packard Enterprise by 18.1% in the 3rd quarter. Pacer Advisors Inc. now owns 27,383,858 shares of the technology company’s stock valued at $560,274,000 after acquiring an additional 4,194,213 shares in the last quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC lifted its stake in Hewlett Packard Enterprise by 6.2% in the 3rd quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 15,696,449 shares of the technology company’s stock valued at $321,149,000 after acquiring an additional 921,624 shares in the last quarter. Charles Schwab Investment Management Inc. lifted its stake in Hewlett Packard Enterprise by 1.4% in the 3rd quarter. Charles Schwab Investment Management Inc. now owns 9,609,078 shares of the technology company’s stock valued at $196,602,000 after acquiring an additional 129,463 shares in the last quarter. Finally, Nordea Investment Management AB lifted its stake in Hewlett Packard Enterprise by 35.1% in the 4th quarter. Nordea Investment Management AB now owns 7,253,035 shares of the technology company’s stock valued at $155,142,000 after acquiring an additional 1,885,559 shares in the last quarter. Institutional investors own 80.78% of the company’s stock.

Hewlett Packard Enterprise Stock Down 0.1 %

HPE stock opened at $19.82 on Friday. 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 market capitalization of $26.03 billion, a PE ratio of 10.43, a PEG ratio of 2.03 and a beta of 1.19. Hewlett Packard Enterprise has a 1-year low of $14.47 and a 1-year high of $24.66. The business’s 50 day simple moving average is $21.84 and its 200 day simple moving average is $20.72.

Hewlett Packard Enterprise Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Thursday, January 16th. Investors of record on Friday, December 20th were issued a dividend of $0.13 per share. This represents a $0.52 dividend on an annualized basis and a dividend yield of 2.62%. The ex-dividend date of this dividend was Friday, December 20th. Hewlett Packard Enterprise’s payout ratio is presently 27.37%.

Insider Buying and Selling

In related news, Director Gary M. Reiner sold 50,000 shares of the business’s stock in a transaction that occurred on Monday, December 9th. The stock was sold at an average price of $23.47, for a total transaction of $1,173,500.00. Following the transaction, the director now directly owns 104,192 shares of the company’s stock, valued at approximately $2,445,386.24. The trade was a 32.43 % decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, EVP John F. Schultz sold 262,818 shares of the company’s stock in a transaction on Wednesday, December 11th. The shares were sold at an average price of $21.62, for a total value of $5,682,125.16. Following the completion of the transaction, the executive vice president now directly owns 270,430 shares in the company, valued at approximately $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. In the last three months, insiders have sold 332,166 shares of company stock valued at $7,300,629. 0.36% of the stock is owned by insiders.

Wall Street Analysts Forecast Growth

Several equities research analysts have commented on the company. Loop Capital boosted their target price on Hewlett Packard Enterprise from $18.00 to $24.00 and gave the company a “hold” rating in a research note on Monday, December 9th. Deutsche Bank Aktiengesellschaft upgraded Hewlett Packard Enterprise from a “hold” rating to a “buy” rating and set a $25.00 target price on the stock in a research note on Thursday, December 19th. Raymond James upgraded Hewlett Packard Enterprise from an “outperform” rating to a “strong-buy” rating and upped their price objective for the stock from $23.00 to $29.00 in a research note on Monday, November 18th. Morgan Stanley upgraded Hewlett Packard Enterprise from an “equal weight” rating to an “overweight” rating and upped their price objective for the stock from $23.00 to $28.00 in a research note on Thursday, December 5th. Finally, Citigroup upgraded Hewlett Packard Enterprise from a “neutral” rating to a “buy” rating and upped their price objective for the stock from $23.00 to $26.00 in a research note on Friday, December 6th. Six analysts have rated the stock with a hold rating, eight have given a buy rating and one has issued a strong buy rating to the company. Based on data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average target price of $24.00.

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.