Other equities research analysts have also issued research reports about the company.
Hewlett Packard Enterprise Company (NYSE:HPE) continues to be a formidable company. Hewlett Packard Enterprise's dividend payout ratio is now 144.44%. Zacks Investment Research raised Hewlett Packard Enterprise from a hold rating to a buy rating and set a $26.00 price target on the stock in a research note on Tuesday, January 24th.
The most recent non open market insider trade was completed by GOMEZ HENRY on 11/02/2017, and was a disposition of 33,817 shares with a final price of $13.63. Of those analysts, 3 rate stock as a Strong Buy, 15 rate it as Hold, and just 1 analyst rates it as a Moderate Sell. Hewlett Packard Enterprise presently has a consensus rating of Hold and an average target price of $22.83.
Currently Hewlett Packard Enterprise Company (NYSE:HPE)'s shares owned by insiders are 0.20%, whereas shares owned by institutional owners are 84.30%.
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Hewlett Packard Enterprise (NYSE:HPE) last issued its earnings results on Tuesday, September 5th. Higher relative volume you will have more liquidity in the stock which will tighten spreads and allow you to trade with more size without a ton of slippage. The share price has moved forward from its 20 days moving average, trading at a distance of 2.54% and stays 0% away from its 50 days moving average. Checking in on some other ratios, the company has a Price to Cash Flow ratio of 9.367977, and a current Price to Earnings ratio of 174.689741.
Beat earnings estimates. The company posted adjusted earnings of $0.29 per share, beating our earnings estimates of $0.28 per share. Hewlett Packard Enterprise had a return on equity of 10.43% and a net margin of 6.31%. The firm had revenue of $8.21 billion during the quarter, compared to analyst estimates of $7.49 billion. The company's revenue was up 2.5% compared to the same quarter past year. Hewlett Packard Enterprise's quarterly revenue was up 2.5% compared to the same quarter past year. Stockholders of record on Wednesday, December 13th will be given a dividend of $0.075 per share. The ex-dividend date of this dividend is Tuesday, December 12th. This represents a $0.26 annualized dividend and a dividend yield of 1.39%. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. The stock was sold at an average price of $14.27, for a total transaction of $21,320,721.38. Following the completion of the sale, the chief executive officer now owns 892,118 shares of the company's stock, valued at $11,722,430.52. The disclosure for this sale can be found here.
A number of other institutional investors also recently made changes to their positions in the stock. Mitsubishi UFJ Kokusai Asset Management Co. Motco boosted its position in shares of Hewlett Packard Enterprise by 929.3% during the 2nd quarter. The Price Range of Hewlett Packard Enterprise Company (NYSE:HPE) over the past 52 weeks is 0.531. Its last month's stock price volatility remained 2.35% which for the week stands at 2%. OMERS ADMINISTRATION Corp bought a new position in shares of Hewlett Packard Enterprise during the 2nd quarter valued at about $2,193,000. The stock spiked 0.36% last month and is up 4.78 this year. Finally, Nomura Asset Management Co. Hewlett Packard Enterprise assumes no obligation and does not intend to update any forward-looking statements.