Simplicity Wealth LLC recently acquired a new stake in Hewlett Packard Enterprise during the first quarter, purchasing 44,252 shares valued at approximately $785,000. Other notable investors who have increased their holdings in the company include Whittier Trust Co. of Nevada Inc., Verdence Capital Advisors LLC, Montgomery Investment Management Inc., IMPACTfolio LLC, and Avantax Planning Partners Inc. Institutional investors and hedge funds collectively hold 80.78% of the company’s shares.
In other news, senior vice president Jeremy Cox sold 18,323 shares of Hewlett Packard Enterprise stock for a total of $310,758.08, with the average price per share at $16.96. This sale was disclosed in a filing with the SEC, with 0.40% of the company’s shares currently owned by insiders.
Hewlett Packard Enterprise’s stock performance on Monday saw it fall by $0.06 to reach $17.80 per share, with a market capitalization of $23.14 billion. The company reported quarterly earnings data showing revenue of $6.76 billion, beating analyst estimates, and a net margin of 6.81%. Despite a decrease in revenue compared to the previous year, analysts predict earnings per share for the current year to be around 1.4.
The company also recently paid a quarterly dividend of $0.13 per share, resulting in an annualized dividend yield of 2.92%. Various brokerage firms have provided ratings and price targets for Hewlett Packard Enterprise, with the stock currently having an average rating of “Hold” and a consensus price target of $17.91.
Hewlett Packard Enterprise operates in six segments, offering solutions that enable customers to capture, analyze, and act on data across various regions. Lastly, for more information on hedge fund holdings and insider trading related to Hewlett Packard Enterprise, readers can visit HoldingsChannel.com.
Article Source
https://www.marketbeat.com/instant-alerts/nyse-hpe-sec-filing-2024-05-20/
