Several other hedge funds have also bought and sold shares of the company. Poplar Forest Capital LLC claims 2,777,681 shares with a value of $46,082,000. Similar statistics are true for the second largest owner, Vanguard Group Inc, which owns 124,150,321 shares of the stock are valued at $2.19 billion.
Hewlett Packard Enterprise (NYSE:HPE) last posted its quarterly earnings data on Wednesday, May 31st. The stock of Hewlett Packard Enterprise Co (NYSE:HPE) earned "Underperform" rating by CLSA on Friday, October 14. Victory Capital Management Inc. increased its stake in Hewlett Packard Enterprise by 145.3% in the second quarter. Poplar Forest Capital LLC bolstered its holdings by buying 444,768 shares an increase of 19.1% as of 06/30/2017. Alpha Windward LLC increased its position in Hewlett Packard Enterprise by 11.8% in the second quarter. Heritage Investors Management Corp now owns 247,068 shares of the technology company's stock worth $5,856,000 after buying an additional 5,900 shares during the period. Corporate insiders own 0.87% of the company's stock. The value of the company's investment in Hewlett Packard Enterprise Comp went from $1,816,000 to $10,041,000 a change of 452.9% for the reporting period. 5,279,450 shares of the company traded hands.
Shares are trading at $17.30 a bit lower than the 50 day moving average which is $17.20 and a tad below the 200 day moving average of $17.61.
The company's P/E ratio is 13.02 and market cap is 28.20B. The analysts estimated EPS for the higher end at 0.28 and lower end at 0.24 while the year ago reported earnings per share was 0.5. First National Bank & Trust Co. of Newtown raised its position in Hewlett Packard Enterprise by 0.3% in the first quarter. EPS long term mean growth rate estimated by 1 analysts is at -9.94%, whereas, the high and low Long term growth rate estimated at -9.94 and -9.94. Next quarter's EPS is estimated at $0.41 with next year's EPS projected to be $1.34. The company's revenue for the quarter was down 22.1% on a year-over-year basis. On average, equities analysts predict that Hewlett Packard Enterprise will post $1.45 earnings per share for the current fiscal year. Investors of record on Wednesday, September 13th will be given a dividend of $0.065 per share. The dividend yield will be $1.47. The ex-dividend date is Tuesday, September 12th. Hewlett Packard Enterprise's dividend payout ratio (DPR) is 20.16%.
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HPE has been the topic of a number of recent analyst reports. Raymond James Financial, Inc. reiterated an "outperform" rating and set a $21.00 target price on shares of Hewlett Packard Enterprise in a research report on Monday, June 5th. According to Thomson Reuters, sell-side analysts are forecasting a harmony target price of $47.44 on company shares. The stock of Hewlett Packard Enterprise Co (NYSE:HPE) earned "Neutral" rating by Macquarie Research on Monday, February 22. Maxim Group restated a "hold" rating and issued a $18.00 price objective on shares of Hewlett Packard Enterprise in a research report on Friday, July 14th. No trade can occur until someone is willing to sell a stock at a price that another is willing to buy it at. Hewlett Packard Enterprise Company has a one year low of $15.46 and a one year high of $19.16. Also, CEO Margaret C. Whitman sold 132,192 shares of the firm's stock in a transaction that occurred on Wednesday, June 21st.
Institutional investors now hold around $25.33 billion or 82.1% in HPE stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Capital Investment Advisors LLC purchased a new position in Hewlett Packard Enterprise during the first quarter worth about $410,000. The shares were sold at an average price of $18.99, for a total transaction of $122,675.40.