Hewlett Packard Enterprise (NYSE:HPE) Shares Acquired by Plato Investment Management Ltd

Plato Investment Management Ltd lifted its holdings in shares of Hewlett Packard Enterprise (NYSE:HPE) by 3.4% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 45,055 shares of the technology company’s stock after buying an additional 1,497 shares during the quarter. Plato Investment Management Ltd’s holdings in Hewlett Packard Enterprise were worth $965,000 as of its most recent SEC filing.

Other large investors have also made changes to their positions in the company. RPg Family Wealth Advisory LLC purchased a new stake in shares of Hewlett Packard Enterprise during the third quarter worth approximately $25,000. Valley Wealth Managers Inc. purchased a new stake in shares of Hewlett Packard Enterprise during the third quarter worth approximately $26,000. Hara Capital LLC purchased a new stake in shares of Hewlett Packard Enterprise during the fourth quarter worth approximately $28,000. Tandem Financial LLC purchased a new stake in shares of Hewlett Packard Enterprise during the fourth quarter worth approximately $32,000. Finally, R Squared Ltd purchased a new stake in shares of Hewlett Packard Enterprise during the fourth quarter worth approximately $45,000. 80.78% of the stock is owned by institutional investors and hedge funds.

Insider Transactions at Hewlett Packard Enterprise

In related news, EVP John F. Schultz sold 262,818 shares of the stock in a transaction dated Wednesday, December 11th. The stock was sold at an average price of $21.62, for a total transaction of $5,682,125.16. Following the transaction, the executive vice president now owns 270,430 shares of the company’s stock, valued at approximately $5,846,696.60. This represents a 49.29 % decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, SVP Jeremy Cox sold 11,577 shares of the stock in a transaction dated Monday, January 6th. The stock was sold at an average price of $23.00, for a total value of $266,271.00. Following the transaction, the senior vice president now directly owns 48,615 shares in the company, valued at approximately $1,118,145. The trade was a 19.23 % decrease in their position. The disclosure for this sale can be found here. In the last ninety days, insiders sold 332,166 shares of company stock worth $7,300,629. 0.36% of the stock is currently owned by company insiders.

Hewlett Packard Enterprise Stock Performance

NYSE HPE opened at $19.04 on Tuesday. The stock has a market cap of $25.01 billion, a PE ratio of 10.02, a P/E/G ratio of 2.03 and a beta of 1.19. 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 has a twelve month low of $15.76 and a twelve month high of $24.66. The stock has a fifty day simple moving average of $21.79 and a 200-day simple moving average of $20.76.

Hewlett Packard Enterprise Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Thursday, January 16th. Stockholders of record on Friday, December 20th were issued a dividend of $0.13 per share. This represents a $0.52 dividend on an annualized basis and a dividend yield of 2.73%. The ex-dividend date of this dividend was Friday, December 20th. Hewlett Packard Enterprise’s dividend payout ratio is presently 27.37%.

Analysts Set New Price Targets

Several analysts recently commented on the company. Deutsche Bank Aktiengesellschaft upgraded Hewlett Packard Enterprise from a “hold” rating to a “buy” rating and set a $25.00 price target for the company in a research report on Thursday, December 19th. Stifel Nicolaus boosted their price target on Hewlett Packard Enterprise from $22.00 to $25.00 and gave the stock a “buy” rating in a research report on Friday, December 6th. Barclays upped their target price on Hewlett Packard Enterprise from $24.00 to $27.00 and gave the company an “overweight” rating in a report on Friday, December 6th. Raymond James upgraded Hewlett Packard Enterprise from an “outperform” rating to a “strong-buy” rating and upped their target price for the company from $23.00 to $29.00 in a report on Monday, November 18th. Finally, Loop Capital upped their target price on Hewlett Packard Enterprise from $18.00 to $24.00 and gave the company a “hold” rating in a report on Monday, December 9th. Six equities research analysts have rated the stock with a hold rating, eight have issued a buy rating and one has given a strong buy rating to the company’s stock. According to MarketBeat, Hewlett Packard Enterprise has an average rating of “Moderate Buy” and an average price target of $24.00.

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.