Economy

Trending Stock in Review: Hewlett Packard Enterprise Company (HPE)

Hewlett Packard Enterprise Company (NYSE:HPE) has been in the news after the price of the stock hit $14.24 at the conclusion of the most recent close. Victory Capital Management Inc. now owns 10,266,112 shares of the technology company's stock valued at $170,315,000 after acquiring an additional 6,081,628 shares during the last quarter. Lingohr & Partner Asset Management GmbH now owns 63,002 shares of the technology company's stock worth $1,119,000 after buying an additional 1,200 shares during the period.

22nd Century Group, Inc.

The dividend for the corporation to company shareholders is rolling at 2.11% with a payout ratio of *tba.

The top 5 institutional holders, in ascending order, are as follows: DODGE & COX with 237.76 million shares, VANGUARD GROUP INC with 111.47 million shares, BLACKROCK INC. with 95.19 million shares, PRIMECAP MANAGEMENT CO/CA/ with 90.35 million shares, and HOTCHKIS & WILEY CAPITAL MANAGEMENT LLC with 80.48 million shares. Pzena Investment Management LLC now owns 37,560,840 shares of the technology company's stock worth $552,520,000 after buying an additional 15,431,606 shares in the last quarter. Harfst & Associates Inc. lifted its holdings in Hewlett Packard Enterprise by 42.5% during the second quarter. Missing a forecast, of course, is the worst outcome, as it indicates that the company is not performing as well as investors thought. Also, CEO Margaret C. Whitman sold 1,494,094 shares of Hewlett Packard Enterprise stock in a transaction on Friday, September 22nd. A stock that maintains a relatively stable price has low volatility. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. Company's sales growth for the past five years is valued at -13.90%, leading it to the present-day share price of $14.24. Following the sale, the senior vice president now owns 31,695 shares of the company's stock, valued at approximately $577,799.85. The disclosure for this sale can be found here.

Institutional owners hold 84.60% stake while Insiders ownership held at 0.20% in the company.

Hewlett Packard Enterprise Company (NYSE:HPE) attracted analysts when it go through a change of -0.56% to trade at $14.24. When we compare its current volume with average for the same time of day, a Relative Volume (usually displayed as ratio) of 0.51 is obtained.

Turns back to returns ratios, returns on equity stands at -1.10%.

The PE ratio of 53.74 helps investors explore how much they should pay for a stock based on its current earnings. Archford Capital Strategies LLC grew its holdings in Hewlett Packard Enterprise by 6,858.7% during the 2nd quarter. This works out to an increase of 23.96% compared to last year's earnings.

For the past 5 years, Hewlett Packard Enterprise Company's EPS growth has been almost 15.2%.

Hewlett Packard Enterprise (NYSE:HPE) last issued its earnings results on Tuesday, November 21st. Return on assets is -0.50% and Return on equity (ROE) is -1.10% while it's Return on Investment (ROI) of 2.10%. The business's revenue was up 4.6% compared to the same quarter a year ago. The business's quarterly revenue was up 4.6% on a year-over-year basis. research analysts anticipate that Hewlett Packard Enterprise will post 1.19 earnings per share for the current year.

Hewlett Packard Enterprise Company (NYSE:HPE) has a 20-day RSI of 51.61%.

The business also recently announced a quarterly dividend, which will be paid on Wednesday, January 3rd. This volatility measure use for multipurpose in judging the underlying price momentum as well as the rate of change in HPE's price. This represents a $0.30 dividend on an annualized basis and a dividend yield of 2.11%. The ex-dividend date of this dividend is Tuesday, December 12th.

HPE has been the subject of a number of research reports.

Shares of Hewlett Packard Enterprise (HPE) opened at $14.41 on Monday. As the current market price of the stock is $14.34 and diluted EPS for the trailing twelve month is 0.27, the P/E ratio for the stock comes out as 54.04. Oppenheimer reaffirmed a "buy" rating and set a $17.00 price target on shares of Hewlett Packard Enterprise in a research report on Friday, September 1st.

Some buy side analysts are also providing their Analysis on Hewlett Packard Enterprise Company, where 5 analysts have rated the stock as Strong buy, 1 analysts have given a Buy signal, 4 said it's a HOLD, and 0 analysts rated the stock as Sell. Hewlett Packard Enterprise has an average rating of "Hold" and an average price target of $16.04. This is a boost from Hewlett Packard Enterprise's previous quarterly dividend of $0.07. If you are viewing this news story on another publication, it was illegally copied and republished in violation of USA & global copyright and trademark law. The Company's segments include: Enterprise Group, Software, Financial Services and Corporate Investments.



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