Hewlett Packard Enterprise Company $HPE Shares Sold by Universal Beteiligungs und Servicegesellschaft mbH

Universal Beteiligungs und Servicegesellschaft mbH lessened its stake in Hewlett Packard Enterprise Company (NYSE:HPE) by 16.0% in the 2nd quarter, Holdings Channel reports. The firm owned 1,225,891 shares of the technology company’s stock after selling 232,909 shares during the period. Universal Beteiligungs und Servicegesellschaft mbH’s holdings in Hewlett Packard Enterprise were worth $25,069,000 at the end of the most recent quarter.

Other large investors also recently added to or reduced their stakes in the company. Rockefeller Capital Management L.P. grew its stake in shares of Hewlett Packard Enterprise by 34.9% in the second quarter. Rockefeller Capital Management L.P. now owns 117,588 shares of the technology company’s stock valued at $2,405,000 after buying an additional 30,405 shares in the last quarter. Itau Unibanco Holding S.A. increased its position in shares of Hewlett Packard Enterprise by 28.8% during the second quarter. Itau Unibanco Holding S.A. now owns 3,910 shares of the technology company’s stock worth $80,000 after acquiring an additional 874 shares during the period. Kingsview Wealth Management LLC boosted its holdings in Hewlett Packard Enterprise by 9.9% in the second quarter. Kingsview Wealth Management LLC now owns 15,202 shares of the technology company’s stock valued at $311,000 after purchasing an additional 1,364 shares during the period. Citizens Financial Group Inc. RI boosted its holdings in Hewlett Packard Enterprise by 39.3% in the second quarter. Citizens Financial Group Inc. RI now owns 20,439 shares of the technology company’s stock valued at $418,000 after purchasing an additional 5,765 shares during the period. Finally, Creative Planning grew its stake in Hewlett Packard Enterprise by 20.3% during the 2nd quarter. Creative Planning now owns 261,503 shares of the technology company’s stock worth $5,348,000 after purchasing an additional 44,208 shares in the last quarter. 80.78% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

A number of brokerages have recently commented on HPE. Zacks Research downgraded Hewlett Packard Enterprise from a “hold” rating to a “strong sell” rating in a research report on Friday, November 7th. Barclays increased their price objective on shares of Hewlett Packard Enterprise from $26.00 to $27.00 and gave the company an “overweight” rating in a research report on Thursday, October 16th. Sanford C. Bernstein assumed coverage on shares of Hewlett Packard Enterprise in a research note on Tuesday, September 16th. They issued a “market perform” rating and a $24.00 price target on the stock. Evercore ISI boosted their price objective on shares of Hewlett Packard Enterprise from $25.00 to $28.00 and gave the stock an “outperform” rating in a research report on Wednesday, August 6th. Finally, UBS Group upped their target price on shares of Hewlett Packard Enterprise from $23.00 to $25.00 and gave the company a “neutral” rating in a report on Thursday, October 16th. One research analyst has rated the stock with a Strong Buy rating, seven have given a Buy rating, thirteen have issued a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat, the stock has a consensus rating of “Hold” and an average target price of $25.24.

Hewlett Packard Enterprise Stock Down 6.9%

HPE opened at $21.25 on Tuesday. Hewlett Packard Enterprise Company has a 52 week low of $11.97 and a 52 week high of $26.44. The business has a 50 day moving average price of $24.15 and a two-hundred day moving average price of $21.26. The company has a quick ratio of 0.69, a current ratio of 0.95 and a debt-to-equity ratio of 0.69. The company has a market cap of $28.04 billion, a PE ratio of 25.92, a P/E/G ratio of 1.28 and a beta of 1.43.

Hewlett Packard Enterprise (NYSE:HPE) last released its earnings results on Wednesday, September 3rd. The technology company reported $0.35 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.44 by ($0.09). Hewlett Packard Enterprise had a net margin of 3.77% and a return on equity of 9.01%. The company had revenue of $9.14 billion during the quarter, compared to analyst estimates of $8.77 billion. During the same period in the previous year, the firm posted $0.50 EPS. The company’s revenue for the quarter was up 19.8% on a year-over-year basis. Hewlett Packard Enterprise has set its FY 2025 guidance at 1.880-1.920 EPS. Q4 2025 guidance at 0.560-0.600 EPS. As a group, research analysts anticipate that Hewlett Packard Enterprise Company will post 1.85 EPS for the current year.

Hewlett Packard Enterprise Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Friday, October 17th. Stockholders of record on Thursday, September 18th were issued a $0.13 dividend. The ex-dividend date of this dividend was Thursday, September 18th. This represents a $0.52 annualized dividend and a dividend yield of 2.4%. Hewlett Packard Enterprise’s payout ratio is presently 63.41%.

Insider Buying and Selling

In other news, EVP Maeve C. Culloty sold 3,738 shares of the stock in a transaction that occurred on Tuesday, September 23rd. The stock was sold at an average price of $25.12, for a total transaction of $93,898.56. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Also, CEO Antonio F. Neri sold 166,666 shares of the firm’s stock in a transaction that occurred on Friday, August 22nd. The shares were sold at an average price of $22.52, for a total value of $3,753,318.32. Following the completion of the sale, the chief executive officer directly owned 1,919,060 shares of the company’s stock, valued at $43,217,231.20. This represents a 7.99% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold 543,738 shares of company stock valued at $12,922,932 over the last ninety days. Corporate insiders own 0.36% of the company’s stock.

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.