UniSuper Management Pty Ltd Has $6.25 Million Holdings in Hewlett Packard Enterprise (NYSE:HPE)

UniSuper Management Pty Ltd boosted its holdings in Hewlett Packard Enterprise (NYSE:HPE) by 0.6% in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 292,735 shares of the technology company’s stock after purchasing an additional 1,644 shares during the quarter. UniSuper Management Pty Ltd’s holdings in Hewlett Packard Enterprise were worth $6,250,000 at the end of the most recent reporting period.

Other institutional investors have also recently bought and sold shares of the company. Kathmere Capital Management LLC boosted its stake in shares of Hewlett Packard Enterprise by 87.2% in the fourth quarter. Kathmere Capital Management LLC now owns 25,483 shares of the technology company’s stock valued at $544,000 after buying an additional 11,869 shares during the period. Lebenthal Global Advisors LLC lifted its position in shares of Hewlett Packard Enterprise by 83.7% during the 4th quarter. Lebenthal Global Advisors LLC now owns 36,096 shares of the technology company’s stock valued at $771,000 after acquiring an additional 16,447 shares during the period. Nordea Investment Management AB grew its holdings in shares of Hewlett Packard Enterprise by 35.1% during the 4th quarter. Nordea Investment Management AB now owns 7,253,035 shares of the technology company’s stock worth $155,142,000 after purchasing an additional 1,885,559 shares in the last quarter. Nisa Investment Advisors LLC increased its position in shares of Hewlett Packard Enterprise by 78.8% in the fourth quarter. Nisa Investment Advisors LLC now owns 909,919 shares of the technology company’s stock worth $19,545,000 after purchasing an additional 401,016 shares during the period. Finally, USA Financial Formulas bought a new stake in Hewlett Packard Enterprise during the fourth quarter worth about $617,000. Institutional investors own 80.78% of the company’s stock.

Insider Activity

In other news, SVP Jeremy Cox sold 11,577 shares of Hewlett Packard Enterprise stock in a transaction on Monday, January 6th. The shares were sold at an average price of $23.00, for a total value of $266,271.00. Following the completion of the sale, the senior vice president now owns 48,615 shares in the company, valued at $1,118,145. The trade was a 19.23 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this link. 0.36% of the stock is owned by company insiders.

Hewlett Packard Enterprise Trading Down 0.7 %

HPE opened at $15.97 on Friday. Hewlett Packard Enterprise has a twelve month low of $14.64 and a twelve month high of $24.66. The company has a fifty day moving average of $19.70 and a 200-day moving average of $20.42. The stock has a market cap of $20.97 billion, a PE ratio of 8.40, a price-to-earnings-growth ratio of 2.03 and a beta of 1.20. The company has a quick ratio of 0.99, a current ratio of 1.29 and a debt-to-equity ratio of 0.54.

Hewlett Packard Enterprise Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Friday, April 18th. Shareholders of record on Friday, March 21st will be issued a dividend of $0.13 per share. The ex-dividend date of this dividend is Friday, March 21st. This represents a $0.52 dividend on an annualized basis and a yield of 3.26%. Hewlett Packard Enterprise’s payout ratio is currently 25.37%.

Analysts Set New Price Targets

A number of analysts have recently weighed in on HPE shares. Citigroup raised shares of Hewlett Packard Enterprise from a “neutral” rating to a “buy” rating and upped their price target for the stock from $23.00 to $26.00 in a report on Friday, December 6th. Stifel Nicolaus raised their target price on Hewlett Packard Enterprise from $22.00 to $25.00 and gave the company a “buy” rating in a report on Friday, December 6th. Daiwa America downgraded shares of Hewlett Packard Enterprise from a “strong-buy” rating to a “hold” rating in a report on Wednesday, March 12th. Susquehanna reduced their price objective on Hewlett Packard Enterprise from $20.00 to $15.00 and set a “neutral” rating on the stock in a research report on Friday, March 7th. Finally, StockNews.com lowered Hewlett Packard Enterprise from a “buy” rating to a “hold” rating in a research note on Friday, March 7th. Nine investment analysts have rated the stock with a hold rating, seven have issued a buy rating and one has given a strong buy rating to the stock. Based on data from MarketBeat, Hewlett Packard Enterprise has a consensus rating of “Moderate Buy” and a consensus price target of $21.27.

About Hewlett Packard Enterprise

Hewlett Packard Enterprise Company provides solutions that allow customers to capture, analyze, and act upon data seamlessly in the Americas, Europe, the Middle East, Africa, the Asia Pacific, and Japan. It operates in six segments: Compute, HPC & AI, Storage, Intelligent Edge, Financial Services, and Corporate Investments and Other.