UniSuper Management Pty Ltd Purchases 1,644 Shares of Hewlett Packard Enterprise (NYSE:HPE)

UniSuper Management Pty Ltd grew its position in shares of Hewlett Packard Enterprise (NYSE:HPE) by 0.6% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 292,735 shares of the technology company’s stock after acquiring an additional 1,644 shares during the quarter. UniSuper Management Pty Ltd’s holdings in Hewlett Packard Enterprise were worth $6,250,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors also recently modified their holdings of the company. RPg Family Wealth Advisory LLC bought a new stake in Hewlett Packard Enterprise during the 3rd quarter valued at $25,000. Hara Capital LLC acquired a new stake in shares of Hewlett Packard Enterprise in the 4th quarter worth about $28,000. Tandem Financial LLC acquired a new stake in shares of Hewlett Packard Enterprise in the 4th quarter worth about $32,000. R Squared Ltd acquired a new position in Hewlett Packard Enterprise during the 4th quarter valued at about $45,000. Finally, Quest Partners LLC acquired a new position in Hewlett Packard Enterprise during the 3rd quarter valued at about $50,000. 80.78% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

A number of research analysts have recently weighed in on HPE shares. Stifel Nicolaus raised their target price on Hewlett Packard Enterprise from $22.00 to $25.00 and gave the company a “buy” rating in a report on Friday, December 6th. Loop Capital dropped their price objective on Hewlett Packard Enterprise from $24.00 to $16.00 and set a “hold” rating on the stock in a research note on Monday, March 10th. StockNews.com lowered shares of Hewlett Packard Enterprise from a “buy” rating to a “hold” rating in a research note on Friday, March 7th. Barclays lowered their target price on shares of Hewlett Packard Enterprise from $27.00 to $20.00 and set an “overweight” rating for the company in a report on Friday, March 7th. Finally, Susquehanna cut 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 report on Friday, March 7th. Nine equities research analysts have rated the stock with a hold rating, seven have given a buy rating and one has assigned a strong buy rating to the company’s stock. According to MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus price target of $21.27.

Insider Buying and Selling at Hewlett Packard Enterprise

In related news, SVP Jeremy Cox sold 11,577 shares of Hewlett Packard Enterprise stock in a transaction that occurred on Monday, January 6th. The shares were sold at an average price of $23.00, for a total value of $266,271.00. Following the completion of 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 transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Insiders own 0.36% of the company’s stock.

Hewlett Packard Enterprise Stock Performance

NYSE:HPE opened at $15.97 on Friday. The company has a market capitalization of $20.97 billion, a P/E ratio of 8.40, a P/E/G ratio of 2.03 and a beta of 1.20. The business has a fifty day simple moving average of $19.70 and a two-hundred day simple moving average of $20.42. The company has a debt-to-equity ratio of 0.54, a current ratio of 1.29 and a quick ratio of 0.99. Hewlett Packard Enterprise has a 1 year low of $14.64 and a 1 year high of $24.66.

Hewlett Packard Enterprise Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Friday, April 18th. Investors of record on Friday, March 21st will be paid a $0.13 dividend. This represents a $0.52 dividend on an annualized basis and a yield of 3.26%. The ex-dividend date is Friday, March 21st. Hewlett Packard Enterprise’s dividend payout ratio is currently 25.37%.

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.