Which Insider sold 4173 Shares Of Hewlett Packard Enterprise Company (HPE)?

Marco Green
December 18, 2017

WFG Advisors LP now owns 6,043 shares of the technology company's stock valued at $100,000 after purchasing an additional 801 shares during the last quarter. Hotchkis & Wiley Capital Management LLC lifted its holdings in shares of Hewlett Packard Enterprise by 19.5% during the third quarter. Loop Capital initiated coverage on Hewlett Packard Enterprise in a research report on Tuesday, August 22nd. The first sale was made at $14.3 but later the stock became weaker, and closed with a fall of -0.56%. Archford Capital Strategies LLC lifted its holdings in Hewlett Packard Enterprise by 6,858.7% during the second quarter. Pzena Investment Management LLC now owns 22,129,234 shares of the technology company's stock worth $367,124,000 after buying an additional 4,794,388 shares in the last quarter.

Hewlett Packard Enterprise Company is a provider of technology solutions. Pzena Investment Management LLC now owns 37,560,840 shares of the technology company's stock valued at $552,520,000 after acquiring an additional 15,431,606 shares during the last quarter.

Short interest, or the number of a stock's tradable shares now being shorted, is another metric investors use to get a pulse on sentiment.

Shares of Hewlett Packard Enterprise Company (NYSE HPE) opened at $14.41 on Friday. Given that its average daily volume over the 30 days has been 12.68M shares a day, this signifies a pretty significant change over the norm. The Return on Equity (ROE) value stands at -1.1%. Hewlett Packard Enterprise Co has a 52 week low of $13.43 and a 52 week high of $19.16.

In case of Revenue Estimates, 21 analysts have provided their consensus Average Revenue Estimates for Hewlett Packard Enterprise Company as 7.06 Billion. The technology company reported $0.31 earnings per share for the quarter, topping analysts' consensus estimates of $0.28 by $0.03. The Higher end of the revenue forecast is $8.32 Billion, while the Lower end of the forecast is $7.34 Billion. Trexquant Investment LP purchased a new stake in Hewlett Packard Enterprise during the 2nd quarter worth approximately $239,000. The firm's quarterly revenue was up 4.6% on a year-over-year basis. Equities analysts expect that Hewlett Packard Enterprise Co will post $1.43 earnings per share for the current fiscal year. The company had Year Ago Sales of 11.41 Billion. This repurchase authorization allows the technology company to reacquire shares of its stock through open market purchases. Narrow down focus to firm performance, its weekly performance was 0.14% and monthly performance was 7.31%. Shareholders of record on Wednesday, December 13th will be paid a dividend of $0.075 per share. This represents a $0.30 annualized dividend and a yield of 2.08%. This is an increase from Hewlett Packard Enterprise's previous quarterly dividend of $0.07. Hewlett Packard Enterprise's payout ratio is now 142.86%. Also, EVP Alan Richard May sold 42,314 shares of Hewlett Packard Enterprise stock in a transaction on Friday, December 1st. Shares are clocking price at $14.24 with change of -0.56%. Following the sale, the executive vice president now directly owns 61,078 shares in the company, valued at approximately $1,113,451.94. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. For the income oriented investors, the existing payout ratio will be observed closely, providing a valuable insight into Hewlett Packard Enterprise Company's dividend policy. The insider, KARROS KIRT P, now holds 0 shares of HPE. Halliburton Company's beta is 1.04 whilst the stock has an average true range (ATR) of 0.93.

A number of equities analysts recently weighed in on the stock. TheStreet upgraded Hewlett Packard Enterprise from a "c" rating to a "b-" rating in a report on Monday, October 16th. The Zacks innovative and unique rating system predicts the potential for future stock price increases. BidaskClub raised shares of Hewlett Packard Enterprise from a "sell" rating to a "hold" rating in a report on Tuesday, June 27th. Finally, Sanford C. Bernstein reissued an "outperform" rating and issued a $18.00 price objective on shares of Hewlett Packard Enterprise in a research report on Tuesday, October 10th.

The reported diluted earnings per share was 21 cents for the year, a decline of 88.5% from the previous year. They noted that the move was a valuation call. The average investment rating for HPE on a scale of 1 to 5 (1 being a strong sell and 5 being a strong buy) is a 3.19 or a Hold. Oppenheimer reiterated a "buy" rating and issued a $17.00 target price on shares of Hewlett Packard Enterprise in a research report on Friday, September 1st.

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