Kentucky Retirement Techniques Insurance coverage Belief Fund Takes $508,000 Place in Hewlett Packard Enterprise (NYSE:HPE)

Kentucky Retirement Techniques Insurance coverage Belief Fund bought a brand new stake in shares of Hewlett Packard Enterprise (NYSE:HPE – Get Ranking) within the third quarter, Holdings Channel.com stories. The institutional investor bought 35,681 shares of the expertise firm’s inventory, valued at roughly $508,000.

A number of different massive traders additionally lately modified their holdings of the corporate. Kentucky Retirement Techniques boosted its place in shares of Hewlett Packard Enterprise by 5.0% throughout the third quarter. Kentucky Retirement Techniques now owns 79,830 shares of the expertise firm’s inventory valued at $1,138,000 after shopping for an extra 3,784 shares over the past quarter. Strategic Wealth Advisors Group LLC boosted its place in shares of Hewlett Packard Enterprise by 18.7% throughout the third quarter. Strategic Wealth Advisors Group LLC now owns 14,931 shares of the expertise firm’s inventory valued at $213,000 after shopping for an extra 2,351 shares over the past quarter. Easterly Funding Companions LLC bought a brand new stake in shares of Hewlett Packard Enterprise throughout the third quarter valued at $6,233,000. Captrust Monetary Advisors boosted its place in shares of Hewlett Packard Enterprise by 15.6% throughout the third quarter. Captrust Monetary Advisors now owns 40,603 shares of the expertise firm’s inventory valued at $583,000 after shopping for an extra 5,492 shares over the past quarter. Lastly, Cetera Funding Advisers boosted its place in Hewlett Packard Enterprise by 17.6% within the third quarter. Cetera Funding Advisers now owns 19,887 shares of the expertise firm’s inventory price $283,000 after buying an extra 2,975 shares over the past quarter. Hedge funds and different institutional traders personal 82.90% of the corporate’s inventory.

A number of brokerages have issued stories on HPE. Barclays raised Hewlett Packard Enterprise from an “equal weight” ranking to an “obese” ranking and raised their goal worth for the inventory from $16.00 to $20.00 in a analysis report on Tuesday, January 4th. JPMorgan Chase & Co. lifted their worth goal on Hewlett Packard Enterprise from $18.00 to $20.00 in a analysis report on Thursday, January twentieth. Morgan Stanley lifted their worth goal on Hewlett Packard Enterprise from $16.00 to $17.00 and gave the corporate an “equal weight” ranking in a analysis report on Thursday, January twentieth. The Goldman Sachs Group minimize Hewlett Packard Enterprise from a “impartial” ranking to a “promote” ranking and lowered their worth goal for the corporate from $16.00 to $14.00 in a analysis report on Thursday, November eleventh. Lastly, Zacks Funding Analysis minimize Hewlett Packard Enterprise from a “strong-buy” ranking to a “maintain” ranking and set a $17.00 worth goal on the inventory. in a analysis report on Tuesday, February 1st. Three funding analysts have rated the inventory with a promote ranking, three have given a maintain ranking and 9 have assigned a purchase ranking to the corporate. Based mostly on information from MarketBeat, the inventory presently has a median ranking of “Maintain” and a consensus worth goal of $17.81.

NYSE:HPE opened at $16.02 on Friday. The corporate has a debt-to-equity ratio of 0.49, a present ratio of 0.91 and a fast ratio of 0.69. Hewlett Packard Enterprise has a 1 yr low of $12.99 and a 1 yr excessive of $17.76. The inventory’s 50 day easy shifting common is $16.61 and its two-hundred day easy shifting common is $15.43. The corporate has a market cap of $20.83 billion, a price-to-earnings ratio of 6.26, a PEG ratio of two.30 and a beta of 1.16.

Hewlett Packard Enterprise (NYSE:HPE – Get Ranking) final launched its earnings outcomes on Tuesday, November thirtieth. The expertise firm reported $0.52 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of $0.49 by $0.03. The agency had income of $7.40 billion for the quarter, in comparison with the consensus estimate of $7.37 billion. Hewlett Packard Enterprise had a return on fairness of 19.59% and a web margin of 12.33%. The corporate’s income for the quarter was up 2.7% in comparison with the identical quarter final yr. Throughout the identical quarter within the earlier yr, the corporate posted $0.37 EPS. As a gaggle, analysts anticipate that Hewlett Packard Enterprise will submit 1.23 EPS for the present yr.

The enterprise additionally lately introduced a quarterly dividend, which was paid on Friday, January seventh. Stockholders of report on Friday, December tenth got a dividend of $0.12 per share. This represents a $0.48 annualized dividend and a dividend yield of three.00%. The ex-dividend date of this dividend was Thursday, December ninth. Hewlett Packard Enterprise’s dividend payout ratio is presently 18.75%.

In different Hewlett Packard Enterprise information, CEO Antonio F. Neri bought 9,088 shares of the corporate’s inventory in a transaction on Monday, December twenty seventh. The inventory was bought at a median worth of $15.96, for a complete worth of $145,044.48. The sale was disclosed in a authorized submitting with the Securities & Change Fee, which could be accessed by way of this hyperlink. Additionally, CFO Tarek Robbiati bought 102,133 shares of the corporate’s inventory in a transaction on Thursday, January thirteenth. The inventory was bought at a median worth of $17.50, for a complete worth of $1,787,327.50. The disclosure for this sale could be discovered right here. Within the final three months, insiders have bought 367,299 shares of firm inventory price $6,116,248. Company insiders personal 0.45% of the corporate’s inventory.

Hewlett Packard Enterprise Profile (Get Ranking)

Hewlett Packard Enterprise Co is a world edge-to-cloud firm, which engages within the provision of data expertise, expertise and enterprise merchandise, options, and providers. It operates by way of the next segments: Compute, Excessive Efficiency Computing & Synthetic Intelligence (HPC & AI), Storage, Clever Edge, Monetary Companies, and Company Investments and Different.

See Additionally

Need to see what different hedge funds are holding HPE? Go to HoldingsChannel.com to get the newest 13F filings and insider trades for Hewlett Packard Enterprise (NYSE:HPE – Get Ranking).

Institutional Ownership by Quarter for Hewlett Packard Enterprise (NYSE:HPE)

Need Extra Nice Investing Concepts?

Obtain Information & Rankings for Hewlett Packard Enterprise Each day – Enter your e mail handle under to obtain a concise every day abstract of the newest information and analysts’ rankings for Hewlett Packard Enterprise and associated corporations with MarketBeat.com’s FREE every day e mail e-newsletter.

Previous post Housing Bubble, 10 Overvalued Cities
Next post Lebanon retailer options up to date furnishings, house decor