Calamos Advisors LLC increased its stake in shares of Hewlett Packard Enterprise Co (NYSE:HPE) by 17.6% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 295,805 shares of the technology company’s stock after acquiring an additional 44,286 shares during the quarter. Calamos Advisors LLC’s holdings in Hewlett Packard Enterprise were worth $3,908,000 as of its most recent filing with the Securities and Exchange Commission (SEC).
Other institutional investors and hedge funds also recently bought and sold shares of the company. Ipswich Investment Management Co. Inc. purchased a new stake in Hewlett Packard Enterprise in the 4th quarter worth approximately $26,000. TRUE Private Wealth Advisors purchased a new stake in Hewlett Packard Enterprise in the 3rd quarter worth approximately $137,000. Vectors Research Management LLC purchased a new stake in Hewlett Packard Enterprise in the 3rd quarter worth approximately $136,000. Steward Partners Investment Advisory LLC lifted its holdings in Hewlett Packard Enterprise by 94.7% in the 3rd quarter. Steward Partners Investment Advisory LLC now owns 10,457 shares of the technology company’s stock worth $171,000 after buying an additional 5,087 shares during the period. Finally, Verity & Verity LLC purchased a new stake in Hewlett Packard Enterprise in the 4th quarter worth approximately $150,000. Institutional investors and hedge funds own 83.94% of the company’s stock.
Shares of NYSE:HPE opened at $15.84 on Tuesday. The firm has a market cap of $22.27 billion, a price-to-earnings ratio of 10.15, a P/E/G ratio of 1.90 and a beta of 1.60. Hewlett Packard Enterprise Co has a 12-month low of $12.09 and a 12-month high of $19.48. The company has a debt-to-equity ratio of 0.48, a current ratio of 1.00 and a quick ratio of 0.86.
Hewlett Packard Enterprise (NYSE:HPE) last announced its quarterly earnings data on Tuesday, December 4th. The technology company reported $0.45 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of $0.43 by $0.02. The business had revenue of $7.95 billion during the quarter, compared to analysts’ expectations of $7.84 billion. Hewlett Packard Enterprise had a return on equity of 10.44% and a net margin of 6.18%. The firm’s quarterly revenue was up 3.7% compared to the same quarter last year. During the same quarter in the previous year, the business earned $0.31 earnings per share. As a group, research analysts anticipate that Hewlett Packard Enterprise Co will post 1.57 EPS for the current year.
The firm also recently announced a quarterly dividend, which will be paid on Wednesday, April 3rd. Shareholders of record on Wednesday, March 13th will be issued a $0.1125 dividend. This represents a $0.45 dividend on an annualized basis and a dividend yield of 2.84%. The ex-dividend date of this dividend is Tuesday, March 12th. Hewlett Packard Enterprise’s payout ratio is 28.85%.
In other Hewlett Packard Enterprise news, SVP Kirt P. Karros sold 14,126 shares of Hewlett Packard Enterprise stock in a transaction on Friday, January 25th. The stock was sold at an average price of $15.00, for a total value of $211,890.00. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. Also, insider Philip Davis sold 13,974 shares of Hewlett Packard Enterprise stock in a transaction on Tuesday, January 29th. The stock was sold at an average price of $15.75, for a total value of $220,090.50. Following the completion of the sale, the insider now directly owns 30,386 shares of the company’s stock, valued at approximately $478,579.50. The disclosure for this sale can be found here. In the last three months, insiders sold 121,195 shares of company stock valued at $1,795,907. Corporate insiders own 1.18% of the company’s stock.
Several equities research analysts have weighed in on the company. Raymond James dropped their price objective on Hewlett Packard Enterprise from $21.00 to $18.00 and set an “outperform” rating for the company in a report on Thursday, October 25th. Oppenheimer set a $18.00 target price on Hewlett Packard Enterprise and gave the company a “buy” rating in a research note on Wednesday, December 5th. Wolfe Research initiated coverage on Hewlett Packard Enterprise in a research note on Tuesday, December 11th. They issued an “underperform” rating for the company. Morgan Stanley restated an “equal weight” rating and issued a $15.00 target price (down previously from $21.00) on shares of Hewlett Packard Enterprise in a research note on Wednesday, January 16th. Finally, ValuEngine upgraded Hewlett Packard Enterprise from a “sell” rating to a “hold” rating in a research note on Tuesday, January 29th. Two equities research analysts have rated the stock with a sell rating, twelve have given a hold rating and five have given a buy rating to the company. Hewlett Packard Enterprise currently has an average rating of “Hold” and an average target price of $18.08.
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Hewlett Packard Enterprise Company Profile
Hewlett Packard Enterprise Company operates as a technology company. The company operates through four segments: Hybrid IT, Intelligent Edge, Financial Services, and Corporate Investments. The Hybrid IT segment provides industry standard servers for multi-workload computing; mission-critical servers; converged storage solutions, including all-flash arrays and hybrid storage solutions; and traditional storage solutions comprising tape, storage networking, and disk products, such as HPE MSA and HPE XP.
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