Banco Santander S.A. Purchases Shares of 9,950 Hewlett Packard Enterprise (NYSE:HPE)

Banco Santander S.A. acquired a new position in Hewlett Packard Enterprise (NYSE:HPE) during the 4th quarter, Holdings Channel.com reports. The institutional investor acquired 9,950 shares of the technology company’s stock, valued at approximately $212,000.

Other large investors have also recently made changes to their positions in the company. Bank Julius Baer & Co. Ltd Zurich raised its stake in Hewlett Packard Enterprise by 34.0% during the 4th quarter. Bank Julius Baer & Co. Ltd Zurich now owns 10,370 shares of the technology company’s stock worth $244,000 after acquiring an additional 2,634 shares during the period. Andra AP fonden increased its stake in shares of Hewlett Packard Enterprise by 556.3% in the fourth quarter. Andra AP fonden now owns 624,800 shares of the technology company’s stock worth $13,339,000 after purchasing an additional 529,600 shares in the last quarter. E Fund Management Co. Ltd. raised its position in shares of Hewlett Packard Enterprise by 36.3% during the 4th quarter. E Fund Management Co. Ltd. now owns 26,144 shares of the technology company’s stock valued at $558,000 after purchasing an additional 6,965 shares during the period. Candriam S.C.A. lifted its stake in shares of Hewlett Packard Enterprise by 4.1% during the 4th quarter. Candriam S.C.A. now owns 96,648 shares of the technology company’s stock valued at $2,063,000 after buying an additional 3,812 shares in the last quarter. Finally, Black Swift Group LLC boosted its holdings in Hewlett Packard Enterprise by 92.1% in the 4th quarter. Black Swift Group LLC now owns 115,250 shares of the technology company’s stock worth $2,461,000 after buying an additional 55,250 shares during the period. 80.78% of the stock is owned by hedge funds and other institutional investors.

Hewlett Packard Enterprise Stock Down 4.5 %

Shares of NYSE HPE opened at $15.09 on Tuesday. The company has a market cap of $19.82 billion, a P/E ratio of 7.94, a PEG ratio of 2.03 and a beta of 1.20. The firm has a 50-day simple moving average of $21.34 and a two-hundred day simple moving average of $20.71. Hewlett Packard Enterprise has a 1 year low of $14.85 and a 1 year high of $24.66. The company has a debt-to-equity ratio of 0.54, a current ratio of 1.29 and a quick ratio of 0.99.

Hewlett Packard Enterprise Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, April 18th. Shareholders of record on Friday, March 21st will be given a $0.13 dividend. This represents a $0.52 annualized dividend and a yield of 3.45%. The ex-dividend date is Friday, March 21st. Hewlett Packard Enterprise’s dividend payout ratio (DPR) is presently 25.37%.

Analysts Set New Price Targets

A number of equities research analysts have commented on HPE shares. Raymond James raised Hewlett Packard Enterprise from an “outperform” rating to a “strong-buy” rating and raised their price target for the company from $23.00 to $29.00 in a report on Monday, November 18th. Citigroup raised Hewlett Packard Enterprise from a “neutral” rating to a “buy” rating and lifted their target price for the company from $23.00 to $26.00 in a research note on Friday, December 6th. Deutsche Bank Aktiengesellschaft upgraded Hewlett Packard Enterprise from a “hold” rating to a “buy” rating and set a $25.00 price target for the company in a research note on Thursday, December 19th. Barclays reduced their price objective on shares of Hewlett Packard Enterprise from $27.00 to $20.00 and set an “overweight” rating on the stock in a research report on Friday. Finally, Stifel Nicolaus upped their target price on shares of Hewlett Packard Enterprise from $22.00 to $25.00 and gave the stock a “buy” rating in a research report on Friday, December 6th. Seven analysts have rated the stock with a hold rating, seven have issued a buy rating and one has issued a strong buy rating to the company. According to MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average price target of $21.64.

Insiders Place Their Bets

In other Hewlett Packard Enterprise news, EVP John F. Schultz sold 262,818 shares of the firm’s stock in a transaction on Wednesday, December 11th. The stock was sold at an average price of $21.62, for a total transaction of $5,682,125.16. Following the transaction, the executive vice president now directly owns 270,430 shares in the company, valued at $5,846,696.60. This trade represents a 49.29 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. Also, SVP Jeremy Cox sold 11,577 shares of the firm’s stock in a transaction on Monday, January 6th. The stock was sold at an average price of $23.00, for a total value of $266,271.00. Following the transaction, the senior vice president now owns 48,615 shares in the company, valued at $1,118,145. The trade was a 19.23 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders own 0.36% of the company’s stock.

About Hewlett Packard Enterprise

Hewlett Packard Enterprise Company provides solutions that allow customers to capture, analyze, and act upon data seamlessly in the Americas, Europe, the Middle East, Africa, the Asia Pacific, and Japan. It operates in six segments: Compute, HPC & AI, Storage, Intelligent Edge, Financial Services, and Corporate Investments and Other.