Mather Group LLC recently acquired a stake in Hewlett Packard Enterprise, purchasing over 6,700 shares valued at $114,000. This move follows similar transactions by institutional investors and hedge funds, including Epoch Investment Partners Inc. and Norges Bank. Analysts have offered varying ratings and price targets for HPE stock, with a consensus rating of “Hold” and an average price target of $20.85.
CEO Gerri Gold and other insiders have conducted internal transactions at Hewlett Packard Enterprise, with shares being sold at various prices. Hewlett Packard Enterprise’s stock performance has seen fluctuations, with a recent opening price of $20.92, a 50-day moving average of $18.35, and a 1-year high of $22.82. The company recently reported quarterly earnings that beat analyst expectations, with a positive outlook for the current year.
Hewlett Packard Enterprise also announced a quarterly dividend of $0.13 per share, representing an annualized dividend yield of 2.49%. The company’s business profile includes operating in six segments, offering solutions for data analysis and storage in various regions across the globe. MarketBeat.com provides daily news and ratings updates for Hewlett Packard Enterprise, keeping investors informed about the latest developments in the company.
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https://www.defenseworld.net/2024/06/22/mather-group-llc-buys-new-stake-in-hewlett-packard-enterprise-nysehpe.html
