WINTON GROUP Ltd Sells 2,055 Shares of Hewlett Packard Enterprise (NYSE:HPE)

WINTON GROUP Ltd lowered its stake in Hewlett Packard Enterprise (NYSE:HPE) by 16.5% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 10,362 shares of the technology company’s stock after selling 2,055 shares during the quarter. WINTON GROUP Ltd’s holdings in Hewlett Packard Enterprise were worth $221,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently made changes to their positions in the stock. Raymond James Financial Inc. bought a new stake in Hewlett Packard Enterprise during the 4th quarter worth $292,959,000. Boston Partners boosted its stake in shares of Hewlett Packard Enterprise by 19.1% during 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. Nordea Investment Management AB grew its holdings in shares of Hewlett Packard Enterprise by 35.1% during the fourth quarter. Nordea Investment Management AB now owns 7,253,035 shares of the technology company’s stock worth $155,142,000 after purchasing an additional 1,885,559 shares during the last quarter. OFI Invest Asset Management acquired a new position in shares of Hewlett Packard Enterprise in the fourth quarter valued at approximately $34,778,000. Finally, National Bank of Canada FI raised its holdings in Hewlett Packard Enterprise by 61.6% in the 3rd quarter. National Bank of Canada FI now owns 3,504,681 shares of the technology company’s stock valued at $71,706,000 after buying an additional 1,335,318 shares during the last quarter. Institutional investors own 80.78% of the company’s stock.

Analyst Upgrades and Downgrades

HPE has been the topic of a number of research reports. Stifel Nicolaus boosted their target price on shares of Hewlett Packard Enterprise from $22.00 to $25.00 and gave the stock a “buy” rating in a report on Friday, December 6th. Bank of America decreased their price objective on Hewlett Packard Enterprise from $26.00 to $20.00 and set a “buy” rating for the company in a report on Friday, March 7th. Susquehanna cut their target price on Hewlett Packard Enterprise from $20.00 to $15.00 and set a “neutral” rating on the stock in a report on Friday, March 7th. StockNews.com cut Hewlett Packard Enterprise from a “buy” rating to a “hold” rating in a report on Friday, March 7th. Finally, Daiwa America downgraded shares of Hewlett Packard Enterprise from a “strong-buy” rating to a “hold” rating in a research report on Wednesday, March 12th. Nine investment analysts have rated the stock with a hold rating, seven have issued a buy rating and one has issued a strong buy rating to the company. According to data from MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus target price of $21.27.

Hewlett Packard Enterprise Trading Down 1.8 %

NYSE:HPE opened at $15.51 on Tuesday. The firm has a fifty day simple moving average of $19.40 and a two-hundred day simple moving average of $20.45. Hewlett Packard Enterprise has a 12 month low of $14.64 and a 12 month high of $24.66. The stock has a market capitalization of $20.37 billion, a price-to-earnings ratio of 8.16, a PEG ratio of 2.03 and a beta of 1.20. The company has a current ratio of 1.29, a quick ratio of 0.99 and a debt-to-equity ratio of 0.54.

Hewlett Packard Enterprise Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Friday, April 18th. Investors of record on Friday, March 21st will be paid a dividend of $0.13 per share. This represents a $0.52 dividend on an annualized basis and a yield of 3.35%. The ex-dividend date is Friday, March 21st. Hewlett Packard Enterprise’s dividend payout ratio (DPR) is currently 25.37%.

Insider Buying and Selling

In related news, SVP Jeremy Cox sold 11,577 shares of Hewlett Packard Enterprise stock in a transaction that occurred on Monday, January 6th. The stock was sold at an average price of $23.00, for a total transaction of $266,271.00. Following the transaction, the senior vice president now owns 48,615 shares of the company’s stock, valued at $1,118,145. The trade was a 19.23 % decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. 0.36% of the stock is owned by company insiders.

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.