The company is trading down by 6.91% percent from yesterday’s close giving up $0.97 . 35 shares have been traded.
Investors are feeling more bullish on shares of Hewlett Packard Enterprise Comp at least if you consider the downtick in short interest. The company realized a fall in short interest of -13.52% as of October 31, 2017 from the last reporting period. Short shares decreased 6,837,173 over that timeframe. The days to cover decreased to 4.0 and the short interest percentage is 0.03% as of October 31.
There has been some selling insider activity on Hewlett Packard Enterprise Comp (NYSE:HPE) recently. Jeff T. Ricci, Sr VP sold $1,172,761 worth of shares at an average price of $13.43 on Mon the 6th. That brings Ricci’s holdings to $0 as recorded in a recent Form 4 SEC filing. Kirt P. Karros, SVP, Finance & Treasurer sold $158,717 worth of shares at an average price of $13.36 on November 6th. The SVP, Finance & Treasurer now owns $0 of the stock per an SEC filing yesterday.
Margaret C. Whitman, CEO reported the sale of 1,494,094 shares of HPE stock. The shares were purchased at an average price of $14.27. Whitman now owns $10,953,638 of the stock according to the SEC filing.
A few notable investment firms have updated their holdings. As of the end of the quarter Public Employees Retirement System Of Ohio had disposed of a total of 14,257 shares trimming its holdings by 1.3%. The value in dollars decreased from $18,726,000 to $16,395,000 a change of $2,331,000 quarter to quarter. As of quarter end State Street Corp had sold 2,250,358 shares trimming its stake by 3.0%. The value of the company’s investment in Hewlett Packard Enterprise Comp went from $1,225,518,000 to $1,053,542,000 a change of 14.0% for the reporting period.
As of the end of the quarter Diam Co., Ltd. had bought a total of 157,160 shares growing its position 5.1%. The value of the total investment in Hewlett Packard Enterprise Comp decreased from $51,074,000 to $47,556,000 decreasing 6.9% since the last quarter. As of quarter end United Services Automobile Association had acquired 1,172,938 shares growing its holdings by 137.8%. The value of the investment in Hewlett Packard Enterprise Comp went from $14,123,000 to $29,777,000 increasing 110.8% quarter over quarter.
On October 20 Mizuho made no change to the stock rating of “Hold” projecting a price of $14.00. October 20 investment analysts at KeyCorp reiterated a “Hold” rating on the stock.
October 19 investment analysts at Robert W. Baird held the stock rating at “Hold” targeting a price of $16.00. October 19 investment analysts at Oppenheimer Holdings held the company rating at “Buy” with a current price target of $17.00.
Pivotal Research issued a report on HPE with an initial rating of “Hold”. On October 13 the company was downgraded to “Neutral” from “Buy” with a current price target of $16.00 in a report issued by Citigroup.
The P/E ratio is 55.21 and market capitalization is 21.29B. In the last earnings report the EPS was $0.24 with 1.60B shares now outstanding.
Hewlett Packard Enterprise Company, launched on February 25, 2015, is a provider of technology solutions. The Company?s segments include: Enterprise Group, Software, Financial Services and Corporate Investments. The Enterprise Group segment provides its customers with the technology infrastructure they need to optimize traditional information technology (IT). The Software segment allows its customers to automate IT operations to simplify, accelerate and secure business processes and drives the analytics that turn raw data into actionable knowledge. The Financial Services segment enables flexible IT consumption models, financial architectures and customized investment solutions for its customers. The Corporate Investments segment includes Hewlett Packard Labs and certain business incubation projects, among others. The Business’s customers range from small and medium-sized businesses (SMBs) to large global enterprises..