Dumont & Blake Investment Advisors LLC increased its stake in Hewlett Packard Enterprise (HPE) by 39.3% during the first quarter, according to a recent filing with the Securities and Exchange Commission (SEC). The firm now owns 17,519 shares of the technology company, worth $311,000. Other institutional investors and hedge funds have also adjusted their holdings in HPE. The stock opened at $21.17, with a 52-week low of $14.47 and high of $22.82. The company reported quarterly earnings of $0.42 per share, beating analysts’ estimates. Hewlett Packard Enterprise also declared a quarterly dividend of $0.13 per share. Insider trading activities have been reported, with EVP Neil B. Macdonald selling shares at an average price of $20.51. Analyst reports have shown varying ratings for HPE stock, with a consensus rating of “Hold.” The company operates in segments including Computing, HPC and AI, Storage, and Edge Intelligence. Overall, institutional investors own 80.78% of HPE shares.
Article Source
https://www.defenseworld.net/2024/07/01/hewlett-packard-enterprise-nysehpe-shares-purchased-by-dumont-blake-investment-advisors-llc.html
