During the fourth quarter, Pinebridge Investments LP reduced its stake in Hewlett Packard Enterprise by 27.3%, selling 89,123 shares. Other large investors also bought and sold shares, such as Cibc World Markets Corp and Colorado Public Employees Retirement Association. Crossmark Global Holdings Inc, Tower Research Capital LLC TRC, and Blueshift Asset Management LLC also made significant moves in their holdings of HPE shares. In internal transactions at Hewlett Packard Enterprise, SVP Jeremy Cox sold 18,323 shares at an average price of $16.96. The company’s operations increased by 0.6%, with a market capitalization of $25.61 billion. HPE reported $0.42 earnings per share, exceeding analyst estimates in the last quarter. The company’s dividend payout ratio is 37.96%, with a quarterly dividend of $0.13. Analysts have recently upgraded their ratings on Hewlett Packard Enterprise, with several showing an average rating of “Hold” and a price target of $20.25. The company operates in six segments, offering solutions in computing, HPC, artificial intelligence, storage, intelligent edge, financial services, and corporate investments. For more information on hedge fund holdings and insider trading, visit HoldingsChannel.com. MarketBeat provides fast and accurate reporting on financial data. For questions or comments, contact contact@marketbeat.com. MarketBeat’s top-rated analysts have identified five stocks as better buys than Hewlett Packard Enterprise. Additionally, consider these 10 AI stocks for long-term wealth building. Share this article with a colleague if you found it helpful.
Article Source
https://www.marketbeat.com/instant-alerts/nyse-hpe-sec-filing-2024-06-07/
