Crossmark Global Holdings Inc. decreased its stake in shares of Hewlett Packard Enterprise (NYSE:HPE – Free Report) by 0.2% in the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 254,145 shares of the technology company’s stock after selling 518 shares during the quarter. Crossmark Global Holdings Inc.’s holdings in Hewlett Packard Enterprise were worth $5,426,000 at the end of the most recent quarter.
Several other institutional investors also recently bought and sold shares of the stock. RPg Family Wealth Advisory LLC bought a new position in shares of Hewlett Packard Enterprise during the 3rd quarter valued at about $25,000. Valley Wealth Managers Inc. bought a new position in Hewlett Packard Enterprise during the third quarter valued at approximately $26,000. Financial Management Professionals Inc. grew its holdings in Hewlett Packard Enterprise by 80.3% during the 3rd quarter. Financial Management Professionals Inc. now owns 1,430 shares of the technology company’s stock valued at $29,000 after buying an additional 637 shares in the last quarter. Rise Advisors LLC increased its stake in Hewlett Packard Enterprise by 45.5% in the 3rd quarter. Rise Advisors LLC now owns 1,999 shares of the technology company’s stock worth $41,000 after acquiring an additional 625 shares during the last quarter. Finally, Catalyst Capital Advisors LLC purchased a new stake in shares of Hewlett Packard Enterprise during the 3rd quarter worth approximately $48,000. 80.78% of the stock is owned by hedge funds and other institutional investors.
Insider Transactions at Hewlett Packard Enterprise
In other news, EVP John F. Schultz sold 262,818 shares of the stock in a transaction that occurred on Wednesday, December 11th. The shares were 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 approximately $5,846,696.60. This trade represents a 49.29 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, SVP Jeremy Cox sold 11,577 shares of Hewlett Packard Enterprise stock in a transaction that occurred on Monday, January 6th. The shares were sold at an average price of $23.00, for a total transaction of $266,271.00. Following the transaction, the senior vice president now directly owns 48,615 shares in the company, valued at approximately $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. In the last 90 days, insiders have sold 332,166 shares of company stock valued at $7,300,629. 0.40% of the stock is currently owned by corporate insiders.
Analyst Ratings Changes
Hewlett Packard Enterprise Stock Performance
Hewlett Packard Enterprise stock opened at $23.71 on Wednesday. Hewlett Packard Enterprise has a fifty-two week low of $14.47 and a fifty-two week high of $24.24. The company has a market capitalization of $31.19 billion, a PE ratio of 12.48, a P/E/G ratio of 2.15 and a beta of 1.20. The company has a 50 day moving average price of $21.87 and a 200-day moving average price of $20.33. The company has a debt-to-equity ratio of 0.54, a quick ratio of 0.99 and a current ratio of 1.29.
Hewlett Packard Enterprise Announces Dividend
The company also recently announced a quarterly dividend, which was paid on Thursday, January 16th. Shareholders of record on Friday, December 20th were issued a $0.13 dividend. This represents a $0.52 annualized dividend and a dividend yield of 2.19%. The ex-dividend date of this dividend was Friday, December 20th. Hewlett Packard Enterprise’s dividend payout ratio is 27.37%.
Hewlett Packard Enterprise Company Profile
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.
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