Economy

Does Hewlett-Packard (NYSE:HPE) Look Attractive Now? Pivotal Research Initiates Coverage

The fund owned 73,866,247 shares of the technology company's stock after selling 2,070,681 shares during the period. The stock of Hewlett Packard Enterprise Co (NYSE:HPE) has "Buy" rating given on Friday, November 6 by Deutsche Bank. The Stock now has a Weekly Volatility of 1.79% and Monthly Volatility of 2.08%. Janus Henderson Group PLC now owns 4,196,917 shares of the technology company's stock valued at $69,628,000 after acquiring an additional 3,990,327 shares during the period. Hotchkis & Wiley Capital Management LLC boosted its stake in Hewlett Packard Enterprise by 32.7% during the second quarter. The Company's price to free cash flow for trailing twelve months is 24.24. YorkBridge Wealth Partners LLC increased its holdings in Hewlett Packard Enterprise by 3.2% during the 2nd quarter. The company's institutional ownership is monitored at 89.4 percent. Finally, Primecap Management Co. Finally, State of Alaska Department of Revenue purchased a new position in Hewlett Packard Enterprise during the 1st quarter worth $125,000. Primecap Management Co. CA now owns 61,397,295 shares of the technology company's stock valued at $1,455,116,000 after buying an additional 5,394,147 shares during the period.

Shares of Hewlett Packard Enterprise (HPE) opened at 13.12 on Friday. If you are viewing this piece of content on another site, it was illegally stolen and republished in violation of United States and worldwide trademark & copyright legislation. The rating was initiated by Citigroup with "Neutral" on Monday, November 9.

Turning to some other technicals, Hewlett Packard Enterprise Comp (HPE)'s Williams Percent Range or 14 day Williams %R presently is at -86.54. The stock is now moving above its 20-Day Simple Moving Average of 2.16% with a 50-Day Simple Moving Average of 6.21 percent. The company's P/E (price to earnings) ratio is 78.97 and Forward P/E ratio of 12.21. Hewlett Packard Enterprise Company (NYSE:HPE) has a Price to Book ratio of 0.826143.

Hewlett Packard Enterprise (NYSE:HPE) last posted its quarterly earnings data on Tuesday, September 5th. In the latest earnings report the EPS was $0.07 and is estimated to be $1.40 for the current year with 1,619,464,000 shares outstanding.

Hewlett Packard Enterprise Company's average Free Cash Flow per Share Growth Rate was 0 percent during the past 12 months.

In case of Revenue Estimates, 20 analysts have provided their consensus Average Revenue Estimates for Hewlett Packard Enterprise Company as 7.72 Billion.

The Gross Margin Score is calculated by looking at the Gross Margin and the overall stability of the company over the course of 8 years. Hewlett Packard Enterprise's revenue was up 2.5% compared to the same quarter past year. On average, equities analysts predict that Hewlett Packard Enterprise Company will post $1.40 earnings per share for the current year.

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, October 4th. Investors of record on Wednesday, September 13th were given a $0.065 dividend. This dividend amount represented a yield of $1.75. The ex-dividend date was Tuesday, September 12th. Hewlett Packard Enterprise's dividend payout ratio (DPR) is now 371.48%. 0 analysts gave its stock an Outperform rating.

08/22/2017 - Loop Capital began new coverage on Hewlett-Packard Company giving the company a "buy" rating.

"HPE's EVP, CM & CO Gomez Henry Sell 494360 shares of the company at a price of $14.87 on 2017-09-26".

Relative Strength Index (RSI) for Hewlett Packard Enterprise Company (HPE) is at 62.54. Jefferies Group LLC reaffirmed a "buy" rating and issued a $22.00 target price on shares of Hewlett Packard Enterprise in a report on Saturday, July 22nd. Raymond James upgraded the shares of HPE in report on Friday, November 18 to "Outperform" rating. The stock's 50 day moving average price is $14.17 and its 200-day moving average price is $13.86.

Moving average convergence divergence (MACD) shows that the stock is on a PRICE RELATIVITY trend. Following the sale, the executive vice president now directly owns 15,333 shares of the company's stock, valued at approximately $270,934.11. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, CEO Margaret C. Whitman sold 389,651 shares of the company's stock in a transaction dated Wednesday, July 19th. The stock was sold at an average price of $14.27, for a total transaction of $21,320,721.38.

Institutional investors have recently bought and sold shares of the company. The disclosure for this sale can be found here. The Company's divisions include: Enterprise Group, Software, Financial Services and Corporate Investments.

HP Inc.is a provider of products, technologies, software, solutions and services to individual consumers, small- and medium-sized businesses, and enterprises, including customers in the government, health and education sectors.



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