Hewlett Packard Enterprise (NYSE:HPE) Shares Bought by Natixis Advisors L.P.

Natixis Advisors L.P. lifted its holdings in shares of Hewlett Packard Enterprise (NYSE:HPE) by 9.5% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 493,014 shares of the technology company’s stock after purchasing an additional 42,594 shares during the quarter. Natixis Advisors L.P.’s holdings in Hewlett Packard Enterprise were worth $8,371,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Morgan Stanley lifted its holdings in shares of Hewlett Packard Enterprise by 4.2% in the 3rd quarter. Morgan Stanley now owns 15,879,051 shares of the technology company’s stock worth $275,819,000 after acquiring an additional 634,727 shares during the last quarter. Northern Trust Corp raised its holdings in shares of Hewlett Packard Enterprise by 6.6% in the 3rd quarter. Northern Trust Corp now owns 14,831,872 shares of the technology company’s stock valued at $257,630,000 after buying an additional 913,014 shares during the period. Invesco Ltd. lifted its stake in Hewlett Packard Enterprise by 6.5% during the 3rd quarter. Invesco Ltd. now owns 14,518,564 shares of the technology company’s stock worth $252,187,000 after acquiring an additional 880,271 shares in the last quarter. AQR Capital Management LLC boosted its holdings in Hewlett Packard Enterprise by 10.0% during the 3rd quarter. AQR Capital Management LLC now owns 14,395,647 shares of the technology company’s stock valued at $250,052,000 after acquiring an additional 1,309,878 shares during the period. Finally, California Public Employees Retirement System grew its position in Hewlett Packard Enterprise by 4.8% in the 3rd quarter. California Public Employees Retirement System now owns 7,910,836 shares of the technology company’s stock valued at $137,411,000 after acquiring an additional 359,590 shares in the last quarter. 80.78% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

Several brokerages have recently issued reports on HPE. Barclays lowered their price objective on shares of Hewlett Packard Enterprise from $15.00 to $14.00 and set an “equal weight” rating for the company in a research note on Friday, March 1st. Morgan Stanley boosted their price target on shares of Hewlett Packard Enterprise from $16.00 to $19.00 and gave the stock an “equal weight” rating in a research note on Monday, April 15th. StockNews.com downgraded shares of Hewlett Packard Enterprise from a “buy” rating to a “hold” rating in a research note on Saturday, April 27th. Stifel Nicolaus dropped their price target on shares of Hewlett Packard Enterprise from $20.00 to $18.00 and set a “buy” rating for the company in a research note on Friday, March 1st. Finally, Evercore ISI dropped their price target on shares of Hewlett Packard Enterprise from $19.00 to $18.00 and set an “in-line” rating for the company in a research note on Friday, March 1st. Eight analysts have rated the stock with a hold rating and three have assigned a buy rating to the company. According to MarketBeat, the stock has a consensus rating of “Hold” and a consensus price target of $17.91.

Insider Activity

In related news, SVP Jeremy Cox sold 18,323 shares of the stock in a transaction dated Wednesday, April 24th. The shares were sold at an average price of $16.96, for a total transaction of $310,758.08. Following the completion of the transaction, the senior vice president now directly owns 15,541 shares of the company’s stock, valued at $263,575.36. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. Corporate insiders own 0.40% of the company’s stock.

Hewlett Packard Enterprise Price Performance

Shares of HPE opened at $17.18 on Thursday. The firm has a fifty day moving average price of $17.30 and a 200 day moving average price of $16.42. Hewlett Packard Enterprise has a 1-year low of $13.70 and a 1-year high of $20.07. The company has a debt-to-equity ratio of 0.37, a current ratio of 0.89 and a quick ratio of 0.63. The stock has a market cap of $22.33 billion, a PE ratio of 11.85, a price-to-earnings-growth ratio of 3.12 and a beta of 1.20.

Hewlett Packard Enterprise (NYSE:HPE) last announced its earnings results on Thursday, February 29th. The technology company reported $0.48 EPS for the quarter, beating analysts’ consensus estimates of $0.45 by $0.03. Hewlett Packard Enterprise had a net margin of 6.81% and a return on equity of 9.12%. The business had revenue of $6.76 billion during the quarter, compared to analysts’ expectations of $7.09 billion. During the same period in the prior year, the company earned $0.38 earnings per share. The business’s revenue was down 13.5% compared to the same quarter last year. As a group, sell-side analysts anticipate that Hewlett Packard Enterprise will post 1.4 EPS for the current year.

Hewlett Packard Enterprise Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Friday, April 12th. Stockholders of record on Friday, March 15th were issued a $0.13 dividend. The ex-dividend date was Thursday, March 14th. This represents a $0.52 dividend on an annualized basis and a dividend yield of 3.03%. Hewlett Packard Enterprise’s payout ratio is 35.86%.

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.