245,392 Shares in Hewlett Packard Enterprise (NYSE:HPE) Acquired by Brooklyn FI LLC

Brooklyn FI LLC acquired a new stake in shares of Hewlett Packard Enterprise (NYSE:HPE) in the 4th quarter, according to its most recent 13F filing with the SEC. The fund acquired 245,392 shares of the technology company’s stock, valued at approximately $5,182,000.

Other large investors have also made changes to their positions in the company. RPg Family Wealth Advisory LLC purchased a new stake in Hewlett Packard Enterprise in the third quarter valued at $25,000. Hara Capital LLC acquired a new position in shares of Hewlett Packard Enterprise in the 4th quarter valued at about $28,000. Tandem Financial LLC purchased a new stake in shares of Hewlett Packard Enterprise in the fourth quarter worth about $32,000. R Squared Ltd acquired a new stake in Hewlett Packard Enterprise during the fourth quarter worth about $45,000. Finally, Quest Partners LLC purchased a new position in Hewlett Packard Enterprise during the third quarter valued at approximately $50,000. 80.78% of the stock is owned by hedge funds and other institutional investors.

Insider Transactions at Hewlett Packard Enterprise

In related news, SVP Jeremy Cox sold 11,577 shares of the stock in a transaction that occurred on Monday, January 6th. The stock was sold at an average price of $23.00, for a total value of $266,271.00. Following the completion of the sale, the senior vice president now owns 48,615 shares of the company’s stock, valued at approximately $1,118,145. This trade represents a 19.23 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Insiders own 0.36% of the company’s stock.

Analyst Upgrades and Downgrades

Several research firms have commented on HPE. Deutsche Bank Aktiengesellschaft upgraded Hewlett Packard Enterprise from a “hold” rating to a “buy” rating and set a $25.00 price objective on the stock in a research report on Thursday, December 19th. Citigroup upgraded shares of Hewlett Packard Enterprise from a “neutral” rating to a “buy” rating and boosted their target price for the company from $23.00 to $26.00 in a research note on Friday, December 6th. Susquehanna dropped their price target on shares of Hewlett Packard Enterprise from $20.00 to $15.00 and set a “neutral” rating on the stock in a research report on Friday, March 7th. Stifel Nicolaus upped their price objective on shares of Hewlett Packard Enterprise from $22.00 to $25.00 and gave the stock a “buy” rating in a research report on Friday, December 6th. Finally, Loop Capital dropped their target price on Hewlett Packard Enterprise from $24.00 to $16.00 and set a “hold” rating on the stock in a research report on Monday, March 10th. Nine investment analysts have rated the stock with a hold rating, seven have assigned a buy rating and one has given a strong buy rating to the company. According to MarketBeat, the company has a consensus rating of “Moderate Buy” and an average target price of $21.27.

Hewlett Packard Enterprise Stock Up 0.7 %

Shares of HPE opened at $15.95 on Wednesday. The stock has a 50 day moving average price of $20.57 and a 200 day moving average price of $20.55. Hewlett Packard Enterprise has a one year low of $14.64 and a one year high of $24.66. The company has a debt-to-equity ratio of 0.54, a quick ratio of 0.99 and a current ratio of 1.29. The stock has a market capitalization of $20.95 billion, a price-to-earnings ratio of 8.39, a PEG ratio of 2.03 and a beta of 1.20.

Hewlett Packard Enterprise Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Friday, April 18th. Stockholders of record on Friday, March 21st will be given a $0.13 dividend. This represents a $0.52 dividend on an annualized basis and a dividend yield of 3.26%. The ex-dividend date of this dividend is Friday, March 21st. Hewlett Packard Enterprise’s dividend payout ratio (DPR) is 25.37%.

About Hewlett Packard Enterprise

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.