Hewlett Packard Enterprise (NYSE:HPE) Stock Holdings Lowered by B. Metzler seel. Sohn & Co. AG

B. Metzler seel. Sohn & Co. AG cut its holdings in shares of Hewlett Packard Enterprise (NYSE:HPE) by 35.6% in the 4th quarter, Holdings Channel reports. The firm owned 136,968 shares of the technology company’s stock after selling 75,604 shares during the period. B. Metzler seel. Sohn & Co. AG’s holdings in Hewlett Packard Enterprise were worth $2,924,000 at the end of the most recent reporting period.

A number of other large investors have also recently added to or reduced their stakes in HPE. Mather Group LLC. lifted its position 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 acquiring an additional 440 shares during the last quarter. Lakewood Asset Management LLC raised its position in shares of Hewlett Packard Enterprise by 0.4% during the fourth quarter. Lakewood Asset Management LLC now owns 104,990 shares of the technology company’s stock worth $2,242,000 after purchasing an additional 457 shares during the period. Essex Financial Services Inc. lifted its holdings in shares of Hewlett Packard Enterprise by 3.6% during the fourth quarter. Essex Financial Services Inc. now owns 13,396 shares of the technology company’s stock valued at $286,000 after purchasing an additional 461 shares during the last quarter. Westside Investment Management Inc. boosted its position in shares of Hewlett Packard Enterprise by 0.8% in the 4th quarter. Westside Investment Management Inc. now owns 62,523 shares of the technology company’s stock valued at $1,335,000 after purchasing an additional 475 shares during the period. Finally, Aviso Financial Inc. boosted its position in shares of Hewlett Packard Enterprise by 0.9% in the 4th quarter. Aviso Financial Inc. now owns 54,060 shares of the technology company’s stock valued at $1,154,000 after purchasing an additional 490 shares during the period. 80.78% of the stock is currently owned by institutional investors.

Hewlett Packard Enterprise Stock Up 1.5 %

HPE opened at $15.66 on Wednesday. The company has a market capitalization of $20.56 billion, a PE ratio of 8.24, a price-to-earnings-growth ratio of 2.03 and a beta of 1.20. 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 fifty-two week low of $14.64 and a fifty-two week high of $24.66. The business has a 50-day moving average of $19.24 and a 200-day moving average of $20.44.

Hewlett Packard Enterprise Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, April 18th. Investors of record on Friday, March 21st will be given a dividend of $0.13 per share. This represents a $0.52 annualized dividend and a yield of 3.32%. The ex-dividend date is Friday, March 21st. Hewlett Packard Enterprise’s payout ratio is presently 25.37%.

Analyst Upgrades and Downgrades

Several analysts have issued reports on the company. Citigroup upgraded Hewlett Packard Enterprise from a “neutral” rating to a “buy” rating and boosted their price objective for the stock from $23.00 to $26.00 in a report on Friday, December 6th. 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. 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. Barclays cut their target price on shares of Hewlett Packard Enterprise from $27.00 to $20.00 and set an “overweight” rating on the stock in a research note on Friday, March 7th. Finally, Wells Fargo & Company decreased their target price on Hewlett Packard Enterprise from $22.00 to $17.00 and set an “equal weight” rating for the company in a research report on Friday, March 7th. Nine research analysts have rated the stock with a hold rating, seven have assigned a buy rating and one has assigned a strong buy rating to the company’s stock. According to data from MarketBeat, Hewlett Packard Enterprise presently has a consensus rating of “Moderate Buy” and an average target price of $21.27.

Insider Buying and Selling at Hewlett Packard Enterprise

In other news, SVP Jeremy Cox sold 11,577 shares of the firm’s stock in a transaction on 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. This trade represents a 19.23 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Corporate insiders own 0.36% of the company’s stock.

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.