Hewlett Packard Enterprise (NYSE:HPE) Shares Acquired by Crossmark Global Holdings Inc.

Crossmark Global Holdings Inc. lifted its position in Hewlett Packard Enterprise (NYSE:HPE) by 4.4% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 236,946 shares of the technology company’s stock after purchasing an additional 9,905 shares during the period. Crossmark Global Holdings Inc.’s holdings in Hewlett Packard Enterprise were worth $5,016,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in HPE. Rise Advisors LLC grew its position in shares of Hewlett Packard Enterprise by 253.9% during the 1st quarter. Rise Advisors LLC now owns 1,465 shares of the technology company’s stock valued at $26,000 after acquiring an additional 1,051 shares during the period. Johnson Financial Group Inc. acquired a new stake in Hewlett Packard Enterprise in the 4th quarter valued at $35,000. American National Bank grew its stake in Hewlett Packard Enterprise by 89.4% in the 1st quarter. American National Bank now owns 1,949 shares of the technology company’s stock valued at $35,000 after acquiring an additional 920 shares during the period. ORG Partners LLC increased its holdings in Hewlett Packard Enterprise by 224.5% in the 2nd quarter. ORG Partners LLC now owns 1,853 shares of the technology company’s stock worth $39,000 after acquiring an additional 1,282 shares in the last quarter. Finally, Founders Financial Alliance LLC raised its position in Hewlett Packard Enterprise by 52.8% during the fourth quarter. Founders Financial Alliance LLC now owns 2,463 shares of the technology company’s stock worth $42,000 after acquiring an additional 851 shares during the period. Institutional investors and hedge funds own 80.78% of the company’s stock.

Hewlett Packard Enterprise Stock Up 3.7 %

NYSE HPE opened at $19.37 on Friday. The business’s fifty day simple moving average is $19.66 and its 200-day simple moving average is $18.32. The company has a quick ratio of 0.59, a current ratio of 0.90 and a debt-to-equity ratio of 0.34. The firm has a market cap of $25.17 billion, a PE ratio of 14.14, a P/E/G ratio of 2.76 and a beta of 1.20. 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 issued its earnings results on Tuesday, June 4th. The technology company reported $0.42 EPS for the quarter, topping analysts’ consensus estimates of $0.39 by $0.03. Hewlett Packard Enterprise had a net margin of 6.38% and a return on equity of 8.49%. The company had revenue of $7.20 billion for the quarter, compared to the consensus estimate of $6.82 billion. During the same period in the previous year, the firm earned $0.32 earnings per share. Hewlett Packard Enterprise’s quarterly revenue was up 3.3% compared to the same quarter last year. As a group, equities analysts anticipate that Hewlett Packard Enterprise will post 1.59 earnings per share for the current year.

Hewlett Packard Enterprise Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Thursday, July 18th. Shareholders of record on Wednesday, June 19th were paid a dividend of $0.13 per share. The ex-dividend date was Tuesday, June 18th. This represents a $0.52 annualized dividend and a yield of 2.68%. Hewlett Packard Enterprise’s dividend payout ratio (DPR) is 37.96%.

Insider Buying and Selling at Hewlett Packard Enterprise

In other news, CEO Gerri Gold sold 22,784 shares of the business’s stock in a transaction that occurred on Friday, June 14th. The shares were sold at an average price of $21.67, for a total value of $493,729.28. Following the sale, the chief executive officer now directly owns 57,081 shares of the company’s stock, valued at approximately $1,236,945.27. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. In related news, EVP Neil B. Macdonald sold 36,671 shares of the stock in a transaction dated Tuesday, June 11th. The stock was sold at an average price of $20.51, for a total transaction of $752,122.21. Following the transaction, the executive vice president now owns 111,054 shares of the company’s stock, valued at approximately $2,277,717.54. The transaction was disclosed in a filing with the SEC, which is available through this hyperlink. Also, CEO Gerri Gold sold 22,784 shares of Hewlett Packard Enterprise stock in a transaction dated Friday, June 14th. The shares were sold at an average price of $21.67, for a total value of $493,729.28. Following the completion of the transaction, the chief executive officer now directly owns 57,081 shares of the company’s stock, valued at $1,236,945.27. The disclosure for this sale can be found here. Insiders have sold 140,141 shares of company stock worth $2,850,108 over the last quarter. 0.40% of the stock is currently owned by company insiders.

Wall Street Analysts Forecast Growth

A number of analysts have recently commented on the stock. Morgan Stanley reissued an “equal weight” rating and set a $21.00 target price on shares of Hewlett Packard Enterprise in a research note on Thursday, June 20th. UBS Group boosted their price objective on Hewlett Packard Enterprise from $16.00 to $17.00 and gave the stock a “neutral” rating in a research note on Wednesday, June 5th. Bank of America increased their target price on Hewlett Packard Enterprise from $22.00 to $24.00 and gave the company a “neutral” rating in a report on Friday, June 21st. Barclays lifted their price target on Hewlett Packard Enterprise from $14.00 to $20.00 and gave the stock an “equal weight” rating in a research note on Wednesday, June 5th. Finally, Susquehanna increased their price objective on Hewlett Packard Enterprise from $14.00 to $20.00 and gave the company a “neutral” rating in a research note on Wednesday, June 5th. Eight investment analysts have rated the stock with a hold rating and four have given a buy rating to the company’s stock. According to data from MarketBeat.com, Hewlett Packard Enterprise currently has a consensus rating of “Hold” and a consensus target price of $21.18.

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.