Economy

Analyst Forecast for Hewlett Packard Enterprise Company's First Quarter 2018 Corporate Earnings

Analyst Forecast for Hewlett Packard Enterprise Company's First Quarter 2018 Corporate Earningsā€

The fund owned 247,027 shares of the technology company's stock after selling 28,076 shares during the quarter. The CEO now owns $12,826,579 of the stock as reported to the SEC.

Several hedge funds and other institutional investors have recently modified their holdings of HPE. Northwestern Mutual Investment Management Company, LLC now owns 382,031 shares worth $6,338,000.

The short ratio in the company's stock is documented at 2.14 and the short float is around of 1.78%.

The collective rating of 2.4 for Hewlett Packard Enterprise Company (NYSE:HPE) also leans strongly towards the neutral end of the spectrum. Lastly, Cleararc Capital grew its position in Hewlett Packard Enterprise by 0.5% through out the 1st period. Another trade for 1.16 million shares valued at $90.35 million was sold by WALTON JIM C. 5,142 shares were sold by Chojnowski David, worth $408,070.

Among analysts who offered their Analysis on Hewlett Packard Enterprise Company (HPE)-7 analysts issued Buy for the stock, 3 analysts gave Outperform rating, 14 think it's a Hold, 2 issued Underperform, while 0 analyst gave a Sell rating. The shares were sold at an average price of $17.40, for a total transaction of $4,372,063.20. The company's institutional ownership is monitored at 99.7 percent. Christopher P. Hsu, EVP, GM Software disclosed the sale of 15,333 shares of HPE stock. As of the end of the quarter AHL Partners LLP had disposed of a total of 13,277 shares trimming its stake by 3.9%. WFG Advisors LP now owns 6,043 shares of the technology company's stock valued at $100,000 after acquiring an additional 801 shares during the period. The disclosure for this sale can be found here. In the last 90 days, insiders sold 1,963,677 shares of company stock valued at $34,198,508. Its sales stood at -4.30% a year on average in the period of last five years.

HPE+Dividend+History+Chart

Stocks of Hewlett Packard Enterprise (HPE) started trading at 13.25 on early Friday. The firm has a 50 day moving average of $13.70 and a 200-day moving average of $13.69. The stock has a market cap of $21.56 billion, a price-to-earnings ratio of 9.951 and a beta of 2.72.

Hewlett Packard Enterprise Company, launched on February 25, 2015, is a provider of technology solutions. Hewlett Packard Enterprise also was the target of unusually large options trading on Tuesday. Market traders bought 12,185 bearish put options on the stock. Short interest increased 2,654,226 over that period. The current consensus recommendation provided by covering analysts is 1.90. The business had revenue of $8.21 billion during the quarter, compared to analysts' expectations of $7.49 billion. Hewlett Packard Enterprise Company had a return on equity of 10.43% and a net margin of 6.31%.

Let's have a look at some of the important valuation ratios of the Hecla Mining Company (HL). The dividend payment will be $0.065 per share for the quarter or $0.26 annualized. Analysts anticipate that Hewlett Packard Enterprise Company will post $1.39 earnings per share for the current fiscal year.

Most recently the business also announced dividend for the quarter, expected to be paid on early Wed, Oct 4th. Shareholders of record on Wednesday, September 13th will be issued a $0.065 dividend. The ex-dividend date of this dividend is Monday, March 13th. Hewlett Packard Enterprise's yield is presently 371.48%. If you are reading this piece of content on another website, it was stolen and reposted in violation of USA & worldwide trademark & copyright legislation. The original version of this news story can be accessed at https://stocknewstimes.com/2017/09/08/tredje-ap-fonden-has-4-11-million-position-in-hewlett-packard-enterprise-company-hpe.html. (NYSE:NWL). At the time of writing, the First Call consensus price target for the company is $58.80. BidaskClub lowered Hewlett Packard Enterprise from a "hold" rating to a "sell" rating in a research report on Saturday, August 5th. Stifel Nicolaus reiterated a "hold" rating and set a $20.00 price objective on shares of Hewlett Packard Enterprise in a report on Friday, May 26th.

Equities researchers at Jefferies Group issued their Q4 2017 earnings per share (EPS) estimates for shares of Hewlett Packard Enterprise in a note issued to investors on Tuesday. To do this, analysts often study the speed and magnitude of a stock's price movements with what are known as momentum indicators. At present, 16 analysts recommended Holding these shares while 1 recommended sell, according to FactSet data. Four brokerage firms recommended the company shares with a sell recommendation, seventeen have published a hold recommendation, thirteen have issued a buy recommendation and 1 has released a strong buy recommendation to The corporation. the share now has a average recommendation of "Hold" and a consensus price objective of $19.27. The Company's segments include: Enterprise Group, Software, Financial Services and Corporate Investments.



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