Natixis Advisors LLC Has $24.16 Million Position in Hewlett Packard Enterprise (NYSE:HPE)

Natixis Advisors LLC raised its stake in shares of Hewlett Packard Enterprise (NYSE:HPE) by 14.7% in the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 1,131,372 shares of the technology company’s stock after buying an additional 145,087 shares during the period. Natixis Advisors LLC owned about 0.09% of Hewlett Packard Enterprise worth $24,155,000 as of its most recent SEC filing.

A number of other institutional investors also recently modified their holdings of the stock. Mather Group LLC. boosted its stake 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 during the period. Lakewood Asset Management LLC boosted its stake in shares of Hewlett Packard Enterprise by 0.4% during the 4th quarter. Lakewood Asset Management LLC now owns 104,990 shares of the technology company’s stock valued at $2,242,000 after buying an additional 457 shares during the period. Essex Financial Services Inc. boosted its stake in shares of Hewlett Packard Enterprise by 3.6% during the 4th quarter. Essex Financial Services Inc. now owns 13,396 shares of the technology company’s stock valued at $286,000 after buying an additional 461 shares during the period. Westside Investment Management Inc. boosted its stake in shares of Hewlett Packard Enterprise by 0.8% during the 4th quarter. Westside Investment Management Inc. now owns 62,523 shares of the technology company’s stock valued at $1,335,000 after buying an additional 475 shares during the period. Finally, Aviso Financial Inc. boosted its stake 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 valued at $1,154,000 after buying an additional 490 shares during the period. Institutional investors and hedge funds own 80.78% of the company’s stock.

Analyst Ratings Changes

A number of brokerages have issued reports on HPE. Loop Capital decreased their target price on shares of Hewlett Packard Enterprise from $24.00 to $16.00 and set a “hold” rating for the company in a research note on Monday, March 10th. Daiwa Capital Markets lowered shares of Hewlett Packard Enterprise from an “outperform” rating to a “neutral” rating and set a $16.00 price objective for the company. in a research note on Wednesday, March 12th. Morgan Stanley reduced their price objective on shares of Hewlett Packard Enterprise from $28.00 to $24.00 and set an “overweight” rating for the company in a research note on Friday, March 7th. Citigroup raised shares of Hewlett Packard Enterprise from a “neutral” rating to a “buy” rating and lifted their price objective for the company from $23.00 to $26.00 in a research note on Friday, December 6th. Finally, Daiwa America lowered shares of Hewlett Packard Enterprise from a “strong-buy” rating to a “hold” rating in a research note on Wednesday, March 12th. Nine analysts have rated the stock with a hold rating, seven have given a buy rating and one has given a strong buy rating to the stock. According to data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $21.27.

Insider Transactions at Hewlett Packard Enterprise

In other news, SVP Jeremy Cox sold 11,577 shares of the business’s stock in a transaction dated Monday, January 6th. The shares were sold at an average price of $23.00, for a total transaction of $266,271.00. Following the transaction, the senior vice president now owns 48,615 shares in the company, valued at approximately $1,118,145. The trade was a 19.23 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Insiders own 0.36% of the company’s stock.

Hewlett Packard Enterprise Stock Up 1.6 %

Hewlett Packard Enterprise stock opened at $15.88 on Tuesday. The firm has a fifty day moving average price of $20.70 and a two-hundred day moving average price of $20.58. Hewlett Packard Enterprise has a fifty-two week low of $14.64 and a fifty-two week high of $24.66. The company has a debt-to-equity ratio of 0.54, a current ratio of 1.29 and a quick ratio of 0.99. The firm has a market cap of $20.85 billion, a price-to-earnings ratio of 8.36, a P/E/G ratio of 2.03 and a beta of 1.20.

Hewlett Packard Enterprise Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Friday, April 18th. Stockholders of record on Friday, March 21st will be issued a dividend of $0.13 per share. The ex-dividend date is Friday, March 21st. This represents a $0.52 annualized dividend and a dividend yield of 3.28%. Hewlett Packard Enterprise’s payout ratio 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.