The company now has a consensus rating of "Hold" and a consensus price target of $18.51. A 10 analysts rate it as either a buy or a strong buy, while0 believe that investors should either steer clear of LEN or, if they already own its stock, sell it. BMO Capital Markets restated a "market perform" rating and issued a $15.00 target price (down previously from $18.00) on shares of Hewlett Packard Enterprise in a report on Wednesday, September 6th. Investors who are keeping close eye on the stock of Hewlett Packard Enterprise Company (NYSE:HPE) established that the company was able to keep return on investment at - in the trailing twelve month while Reuters data showed that industry's average stands at 6.18 and sector's optimum level is 10.96. On average, analysts expect that Hewlett Packard Enterprise will post $1.40 earnings per share for the current fiscal year. The target implies a 3.61% spike from where the shares are now trading. They noted that the move was a valuation call. The stock now has a consensus rating of Hold and an average target price of $22.83. The company now has an average rating of "Hold" and an average target price of $18.42. The ex-dividend date of this dividend was Tuesday, September 12th. Short-term traders are anticipated to see a retreat of -21.89% over the course of a quarter and, with 90% chance the price will be floating in the range of $8.94 and $12.52 in this timeframe. Hewlett Packard Enterprise's dividend payout ratio (DPR) is presently 14.21%. Its revenue totaled $27.49 billion down -24.23% from the previous quarter. The company's revenue for the quarter was up 2.5% on a year-over-year basis.
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The company's consensus rating on Reuter's scale remained unchanged from 2.42 to 2.42 during a month.
In related news, EVP Michael G. Nefkens sold 831,311 shares of the stock in a transaction dated Friday, March 10th. The shares were sold at an average price of $17.67, for a total value of $270,934.11.
Currently, the stock carries a price to earnings ratio of 80, a price to book ratio of 0.84, and a price to sales ratio of 0.67. The transaction was disclosed in a filing with the SEC, which can be accessed through this hyperlink. Also, CEO Margaret C. Whitman sold 249,052 shares of the firm's stock in a transaction on Thursday, September 14th.
This stock (KR) is ahead of its 52-week low with 5.54%. Company shares have been seen trading -2.45% off of the 52 week high and 20.29% away from the 52 week low. The disclosure for this sale can be found here.
For investors it's vital to know about both type of ownership about firm, as institutional ownership is the percentage of a stock's float owned by institutions such as mutual funds, pension funds and endowments.
Several large investors have recently made changes to their positions in the company. Toronto Dominion Bank now owns 566,943 shares of the technology company's stock valued at $9,404,000 after purchasing an additional 114,500 shares during the period. Westside Investment Management Inc. grew its holdings in Hewlett Packard Enterprise by 1.5% during the second quarter. Achmea Investment Management B.V. now owns 252,431 shares of the technology company's stock valued at $4,184,000 after purchasing an additional 16,740 shares during the period. Toronto Dominion Bank raised its stake in Hewlett Packard Enterprise by 25.3% during the 2nd quarter. Archford Capital Strategies LLC now owns 7,585 shares of the technology company's stock valued at $101,000 after purchasing an additional 7,476 shares during the period. This is usually interpreted as a good sign as traders widely believe falling stock should see declining volume.
Caterpillar, Inc. (NYSE:CAT) Stock - Is it Overbought?
Finally, Harfst & Associates Inc. bought a new stake in shares of Caterpillar in the 1st quarter valued at about $111,000. The New Jersey-based Bessemer Gru Inc has invested 0% in LEG Immobilien AG (ETR:LEG). (NYSE:CAT) moved to around 4.78.
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American Assets Investment Management Llc bought 45,000 shares as the company's stock declined 14.05% while stock markets rallied. Equities analysts forecast that Cypress Semiconductor Corporation will post $0.80 earnings per share for the current fiscal year.