Hewlett Packard Enterprise (NYSE:HPE) Shares Acquired by Boothbay Fund Management LLC

Boothbay Fund Management LLC lifted its holdings in Hewlett Packard Enterprise (NYSE:HPE) by 41.2% in the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 723,238 shares of the technology company’s stock after purchasing an additional 211,201 shares during the period. Boothbay Fund Management LLC owned about 0.05% of Hewlett Packard Enterprise worth $15,441,000 as of its most recent filing with the Securities & Exchange Commission.

Other large investors also recently bought and sold shares of the company. Mather Group LLC. lifted its position in shares of Hewlett Packard Enterprise by 6.2% during the 4th quarter. Mather Group LLC. now owns 7,557 shares of the technology company’s stock valued at $161,000 after buying an additional 440 shares in the last quarter. Lakewood Asset Management LLC lifted its holdings in Hewlett Packard Enterprise by 0.4% during the fourth quarter. Lakewood Asset Management LLC now owns 104,990 shares of the technology company’s stock valued at $2,242,000 after purchasing an additional 457 shares in the last quarter. Essex Financial Services Inc. grew its position in shares of Hewlett Packard Enterprise by 3.6% in the fourth quarter. Essex Financial Services Inc. now owns 13,396 shares of the technology company’s stock valued at $286,000 after purchasing an additional 461 shares during the period. Westside Investment Management Inc. increased its stake in shares of Hewlett Packard Enterprise by 0.8% during the fourth quarter. Westside Investment Management Inc. now owns 62,523 shares of the technology company’s stock worth $1,335,000 after purchasing an additional 475 shares in the last quarter. Finally, Aviso Financial Inc. raised its position in shares of Hewlett Packard Enterprise by 0.9% during the 4th quarter. Aviso Financial Inc. now owns 54,060 shares of the technology company’s stock worth $1,154,000 after purchasing an additional 490 shares during the last quarter. Institutional investors and hedge funds own 80.78% of the company’s stock.

Insider Buying and Selling at Hewlett Packard Enterprise

In related news, Director Bethany Mayer sold 6,409 shares of the company’s stock in a transaction that occurred on Friday, April 4th. The shares were sold at an average price of $13.19, for a total transaction of $84,534.71. The sale was disclosed in a filing with the SEC, which can be accessed through this hyperlink. 0.36% of the stock is currently owned by corporate insiders.

Hewlett Packard Enterprise Stock Up 0.6 %

NYSE:HPE opened at $16.28 on Friday. Hewlett Packard Enterprise has a 52 week low of $11.97 and a 52 week high of $24.66. The stock’s fifty day moving average is $16.30 and its two-hundred day moving average is $19.72. The stock has a market capitalization of $21.38 billion, a price-to-earnings ratio of 8.57, a price-to-earnings-growth ratio of 2.03 and a beta of 1.20. The company has a quick ratio of 0.99, a current ratio of 1.29 and a debt-to-equity ratio of 0.54.

Hewlett Packard Enterprise Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Friday, April 18th. Investors of record on Friday, March 21st were issued a dividend of $0.13 per share. This represents a $0.52 dividend on an annualized basis and a yield of 3.20%. The ex-dividend date was Friday, March 21st. Hewlett Packard Enterprise’s dividend payout ratio (DPR) is 25.37%.

Analysts Set New Price Targets

A number of equities research analysts have recently commented on the stock. Morgan Stanley cut shares of Hewlett Packard Enterprise from an “overweight” rating to an “equal weight” rating and set a $14.00 target price for the company. in a research report on Tuesday, April 8th. Daiwa America lowered Hewlett Packard Enterprise from a “strong-buy” rating to a “hold” rating in a research report on Wednesday, March 12th. Daiwa Capital Markets downgraded Hewlett Packard Enterprise from an “outperform” rating to a “neutral” rating and set a $16.00 price objective on the stock. in a research report on Wednesday, March 12th. StockNews.com cut Hewlett Packard Enterprise from a “buy” rating to a “hold” rating in a report on Friday, March 7th. Finally, Bank of America reduced their price target on Hewlett Packard Enterprise from $26.00 to $20.00 and set a “buy” rating on the stock in a report on Friday, March 7th. Ten research analysts have rated the stock with a hold rating, six have given a buy rating and one has given a strong buy rating to the stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Hold” and a consensus target price of $20.60.

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.