Economy

Whitman Sells 1494094 Shares of Hewlett Packard Enterprise Company (HPE) Stock

Session activity on Hewlett Packard Enterprise Company (NYSE:HPE) shares bumps the stock on today's most active list. Following the completion of the transaction, the chief executive officer now owns 1,514,639 shares of the company's stock, valued at approximately $21,613,898.53. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. After a recent spot-check, the stock has touched $14.63 which represents a change from the open of -1.42%. The company has a market capitalization of $23.68 billion, a price-to-earnings ratio of 203.125 and a beta of 2.72. According to these analysts, the Low Revenue Estimate for Hewlett Packard Enterprise Company is 7.34 Billion and the High Revenue Estimate is 8.07 Billion. The firm's 50-day moving average is $13.61 and its 200-day moving average is $13.67. Deutsche Bank AG dropped their price objective on Hewlett Packard Enterprise from $20.00 to $16.00 and set a buy rating for the company in a report on Wednesday, September 6th. As of the latest earnings report the EPS was $0.07 and is expected to be $1.40 for the current year with 1,619,464,000 shares now outstanding. The company had revenue of $8.21 billion during the quarter, compared to analyst estimates of $7.49 billion. Hewlett Packard Enterprise had a net margin of 0.29% and a return on equity of 9.04%. Hewlett Packard Enterprise's revenue for the quarter was up 2.5% compared to the same quarter previous year. This value (ranging from 0-100%) shows where the stock price closed relative to the price range over the specified period. On average, equities research analysts predict that Hewlett Packard Enterprise Company will post $1.40 EPS for the current year. Hewlett Packard Enterprise Comp also declared a dividend payable on Wednesday October 4th, 2017. The ex-dividend date of this dividend is Tuesday, September 12th. The Corporate Investments segment includes Hewlett Packard Labs and certain business incubation projects, among others.

Let's take an assessment at how Hewlett Packard Enterprise Company (HPE) has been performing. If you are reading this story on another site, it was stolen and reposted in violation of United States and global trademark & copyright law. As of this writing, Hewlett Packard Enterprise Company's RSI stands at 70.65.

A number of brokerages recently issued reports on HPE. Sanford C. Bernstein reiterated an "outperform" rating and issued a $18.00 target price on shares of Hewlett Packard Enterprise in a research report on Monday, September 18th. Hotchkis & Wiley Capital Management LLC boosted its holdings in Hewlett Packard Enterprise by 32.7% in the 2nd quarter. Analysts rating the company a 3 indicate a Hold recommendation. Analysts giving shares a rating of 1 or 2 would be indicating a Buy.

HPE is now undervalued by -4.07% relative to the average 1-year price target of $15.48 taken from a group of Wall Street Analysts. During that time period, shares are up 7.61% which has provided some nice profits for investors who may be looking to take advantage of the recent gains. Holderness Investments Co. grew its position in shares of Hewlett Packard Enterprise by 34.8% during the 1st quarter. Holderness Investments Co. now owns 11,850 shares of the technology company's stock worth $281,000 after buying an additional 3,061 shares during the period. Mutual of America Capital Management LLC grew its position in shares of Hewlett Packard Enterprise by 5.3% during the 1st quarter. Whitman now owns $10,953,638 of stock as recorded in a recent Form 4 SEC filing. Victory Capital Management Inc. boosted its holdings in Hewlett Packard Enterprise by 145.3% in the 2nd quarter. BlackRock Inc. now owns 99,450,412 shares of the technology company's stock valued at $2,356,975,000 after acquiring an additional 95,915,907 shares during the period. Days to cover decreased 0.0 to 4.0 and the percentage of shorted shares was 0.02% on August 31. Finally, Sound Shore Management Inc. The Stock now has a Weekly Volatility of 2.97% and Monthly Volatility of 2.63%. Focusing in on the past five trading days, shares have changed 8.95%. This gauge is crucial in determining whether investors are moved toward the direction of buying more of the stock, or else doing the contradictory side and selling more of the stock.

Hewlett Packard Enterprise Company is a provider of technology solutions.



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