Here is the rundown on market activity for Hewlett Packard Enterprise Comp (NYSE:HPE). EVP, GC & SEC John F. Schultz sold 316,164 shares at an average price of $22.84 on Mon the 26th. The EVP, GC & SEC now owns $1,457,100 of the stock per an SEC filing yesterday. Yesterday Director Ann M. Livermore disclosed the sale of 44,000 shares of (HPE). The shares were sold on September 21st for an average price of $22.65. The Director now owns $1,284,867 of the stock per the Form 4 SEC filing.
Antonio F. Neri, EVP and GM EG reported the sale of 213,399 shares. The shares were purchased at an average price of $23.00. Neri now owns $384,491 of the stock according to the SEC filing.
The following firms have also recently changed their position in HPE. Evercore Wealth Management, LLC trimmed its position by selling 437 shares a decrease of 10.2% from 03/31/2016 to 06/30/2016. Evercore Wealth Management, LLC claims 3,864 shares with a value of $71,000. The total value of its holdings decreased 6.6%. As of quarter end Pinkerton Retirement Specialists, LLC had sold 190 shares trimming its holdings by 94.5%. The value of the total investment in Hewlett Packard Enterprise Comp decreased from $3,000 to $0 decreasing 100.0% quarter to quarter.
BNP Paribas Investment Partners S.A. added to its investment by buying 212,750 shares an increase of 172.7% in the quarter. BNP Paribas Investment Partners S.A. now controls 335,932 shares worth $6,137,000. The value of the position overall is up by 227.8%. As of the end of the quarter Northwestern Mutual Investment Management Company, LLC had disposed of a total of 2,148 shares trimming its position 3.3%. The value of the investment in Hewlett Packard Enterprise Comp went from $1,162,000 to $1,158,000 a change of 0.3% for the reporting period.
On September 8 the stock rating was downgraded to “Market Perform” from “Outperform” in a report from Wells Fargo. September 8 investment analysts at Barclays kept the stock rating at “Underweight” but raised the price expectation to $17.00 from $13.00.
Equity analyst Raymond James added the stock to its research portfolio by announcing an initial rating of “Market Perform”. On July 25 the company was upgraded from “Neutral” to “Buy” and a price target of $25.00 was set in a report issued by Citigroup.
On April 14 analysts at Oppenheimer released its first research report on the stock setting a rating of “Outperform”. Equity analyst Macquarie upgraded the stock and raised the price target on March 21 changing the price target from $15.00 to $22.00 and altering the rating from “Neutral” to “Outperform”.
The company is trading up since yesterday’s close of $22.92. The company recently announced a dividend for shareholders payable on Wednesday the 2nd of November 2016. The dividend payment will be $0.055 per share for the quarter which is $0.22 annualized. This dividend represents a yeild of $0.96 which is the dividend as a percentage of the current share price. The ex-dividend date has been established as Monday the 6th of June 2016.
The stock last traded at $23.04 barely above the 50 day moving average of $21.99 and slightly over the 200 day moving average of $19.11. The 50 day moving average went up by +4.78% and the 200 day average moved up $3.93.
The P/E ratio is currently 9.61 and the market cap is 38.37B. In the latest earnings report the EPS was $2.40 and is expected to be $1.92 for the current year with 1,665,537,000 shares presently outstanding. Analysts expect next quarter’s EPS will be $0.46 with next year’s EPS anticipated to be $2.05.