One Wealth Advisors LLC Buys 6,446 Shares of Hewlett Packard Enterprise (NYSE:HPE)

One Wealth Advisors LLC increased its stake in Hewlett Packard Enterprise (NYSE:HPE) by 31.5% during the third quarter, according to its most recent Form 13F filing with the SEC. The firm owned 26,939 shares of the technology company’s stock after purchasing an additional 6,446 shares during the period. One Wealth Advisors LLC’s holdings in Hewlett Packard Enterprise were worth $555,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors have also bought and sold shares of the stock. CHICAGO TRUST Co NA boosted its position in Hewlett Packard Enterprise by 67.8% in the third quarter. CHICAGO TRUST Co NA now owns 90,826 shares of the technology company’s stock valued at $1,858,000 after buying an additional 36,704 shares in the last quarter. Nordea Investment Management AB increased its position in Hewlett Packard Enterprise by 12.3% in the 1st quarter. Nordea Investment Management AB now owns 4,723,120 shares of the technology company’s stock valued at $84,166,000 after acquiring an additional 517,734 shares during the period. Sei Investments Co. raised its stake in shares of Hewlett Packard Enterprise by 56.1% during the first quarter. Sei Investments Co. now owns 1,322,885 shares of the technology company’s stock valued at $23,455,000 after acquiring an additional 475,397 shares during the last quarter. Sumitomo Mitsui Trust Holdings Inc. lifted its holdings in shares of Hewlett Packard Enterprise by 5.4% during the first quarter. Sumitomo Mitsui Trust Holdings Inc. now owns 3,855,377 shares of the technology company’s stock worth $68,356,000 after purchasing an additional 196,112 shares during the period. Finally, Cetera Investment Advisers grew its stake in shares of Hewlett Packard Enterprise by 455.7% in the first quarter. Cetera Investment Advisers now owns 121,204 shares of the technology company’s stock worth $2,149,000 after purchasing an additional 99,394 shares during the last quarter. Institutional investors and hedge funds own 80.78% of the company’s stock.

Insider Activity at Hewlett Packard Enterprise

In other news, SVP Jeremy Cox sold 7,770 shares of Hewlett Packard Enterprise stock in a transaction dated Tuesday, October 8th. The stock was sold at an average price of $21.00, for a total value of $163,170.00. Following the transaction, the senior vice president now owns 7,771 shares in the company, valued at approximately $163,191. The trade was a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. In other news, SVP Jeremy Cox sold 7,770 shares of the business’s stock in a transaction that occurred on Tuesday, October 8th. The stock was sold at an average price of $21.00, for a total transaction of $163,170.00. Following the transaction, the senior vice president now directly owns 7,771 shares of the company’s stock, valued at approximately $163,191. The trade was a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, EVP Neil B. Macdonald sold 29,000 shares of the stock in a transaction dated Friday, September 13th. The stock was sold at an average price of $17.00, for a total transaction of $493,000.00. Following the completion of the transaction, the executive vice president now directly owns 82,061 shares of the company’s stock, valued at approximately $1,395,037. The trade was a 0.00 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 426,012 shares of company stock valued at $8,599,617. Insiders own 0.40% of the company’s stock.

Hewlett Packard Enterprise Stock Performance

Shares of NYSE HPE traded up $0.05 during mid-day trading on Thursday, reaching $20.94. 2,032,860 shares of the company’s stock were exchanged, compared to its average volume of 15,688,177. The firm has a market capitalization of $27.22 billion, a price-to-earnings ratio of 15.25, a price-to-earnings-growth ratio of 3.38 and a beta of 1.19. The firm has a 50-day moving average price of $18.98 and a two-hundred day moving average price of $18.97. The company has a debt-to-equity ratio of 0.36, a current ratio of 0.94 and a quick ratio of 0.62. Hewlett Packard Enterprise has a 52 week low of $14.47 and a 52 week high of $22.82.

Hewlett Packard Enterprise (NYSE:HPE) last posted its earnings results on Wednesday, September 4th. The technology company reported $0.50 earnings per share for the quarter, topping analysts’ consensus estimates of $0.47 by $0.03. The business had revenue of $7.71 billion for the quarter, compared to analyst estimates of $7.67 billion. Hewlett Packard Enterprise had a net margin of 6.39% and a return on equity of 8.94%. Hewlett Packard Enterprise’s revenue was up 10.1% on a year-over-year basis. During the same quarter in the prior year, the firm posted $0.35 EPS. Analysts predict that Hewlett Packard Enterprise will post 1.66 EPS for the current year.

Hewlett Packard Enterprise Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, October 18th. Stockholders of record on Thursday, September 19th will be paid a $0.13 dividend. The ex-dividend date is Thursday, September 19th. This represents a $0.52 dividend on an annualized basis and a dividend yield of 2.48%. Hewlett Packard Enterprise’s dividend payout ratio (DPR) is 37.96%.

Wall Street Analyst Weigh In

HPE has been the topic of a number of analyst reports. Susquehanna reiterated a “neutral” rating and issued a $20.00 price target on shares of Hewlett Packard Enterprise in a research report on Friday, October 11th. UBS Group boosted their price target on shares of Hewlett Packard Enterprise from $17.00 to $19.00 and gave the stock a “neutral” rating in a research report on Thursday, September 5th. Barclays upgraded shares of Hewlett Packard Enterprise from an “equal weight” rating to an “overweight” rating and increased their price objective for the stock from $20.00 to $24.00 in a research report on Wednesday, September 25th. Morgan Stanley restated an “equal weight” rating and issued a $21.00 target price on shares of Hewlett Packard Enterprise in a report on Thursday, June 20th. Finally, Deutsche Bank Aktiengesellschaft started coverage on Hewlett Packard Enterprise in a research report on Wednesday, October 9th. They issued a “hold” rating and a $22.00 price objective for the company. Nine research analysts have rated the stock with a hold rating and six have assigned a buy rating to the company. According to data from MarketBeat.com, Hewlett Packard Enterprise presently has a consensus rating of “Hold” and a consensus target price of $21.36.

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.