Hewlett Packard Enterprise Company (NYSE:HPE) went up to recover about 10.77% since recording its record low price of $15.46. Three investment analysts have rated the stock with a sell recommendation, fifteen have assigned a hold recommendation, twelve have issued a buy recommendation and one has given a strong buy recommendation to the company. Over the past five trading sessions it is -0.98%; 1.97% for the month; -9.23% for the last quarter; -5.1% for the past six-months; and 6.04% for the last 12 months.
Several equities research analysts have issued reports on the stock. Hewlett Packard Enterprise Company has a one year low of $15.46 and a one year high of $19.16. Stifel Nicolaus reissued a "hold" rating and set a $20.00 price objective on shares of Hewlett Packard Enterprise in a research note on Friday, May 26th.
Growth rates are very important while analyzing the long term growth and valuation of a certain company. Zacks Investment Research upgraded shares of Hewlett Packard Enterprise from a "strong sell" rating to a "hold" rating in a research report on Monday, June 5th. Hewlett Packard Enterprise now has a consensus rating of "Hold" and an average target price of $21.87. This is the current Zacks consensus EPS which was calculated at the time of writing.
TRADEMARK VIOLATION NOTICE: This article was first published by Transcript Daily and is owned by of Transcript Daily. The company now has a consensus rating of "Hold" and an average price target of $21.87.
In other Hewlett Packard Enterprise news, CEO Margaret C. Whitman sold 251,268 shares of the business's stock in a transaction on Friday, August 4th.
Institutional investors now hold around $25.33 billion or 82.1% in HPE stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link. The total value of its holdings decreased 23.9%. The disclosure for this sale can be found here. Analysts pegging the company with a rating of 3 would be indicating a Hold recommendation. The formula which was developed by hedge fund manager Joel Greenblatt, is meant to spot high quality companies that are trading at an attractive price.More news: Political tensions continue to weigh on world stocks
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The following firms have also recently changed their position in HPE. Capstone Asset Management Co. boosted its stake in shares of Hewlett Packard Enterprise by 1.7% in the first quarter. Proshare Advisors LLC now owns 189,982 shares worth $3,152,000.
Hewlett Packard Enterprise Company (NYSE:HPE) has a current MF Rank of 2728.
Hotchkis & Wiley Capital Management LLC bought 16,592,308 shares in the previous quarter increasing its stake in Hewlett Packard Enterprise Comp (HPE) by 32.7%. Heritage Investors Management Corp now owns 247,068 shares of the technology company's stock worth $5,856,000 after buying an additional 5,900 shares during the period. Heritage Investors Management Corp now owns 247,068 shares of the technology company's stock worth $5,856,000 after buying an additional 5,900 shares in the last quarter. Finally, Primecap Management Co. The fund owned 24,148 shares of the technology company's stock after selling 149 shares during the period.
About 1.97 million shares traded. The firm has a market cap of $28.42 billion, a price-to-earnings ratio of 13.12 and a beta of 2.74. Burke & Herbert Bank & Trust Co. boosted its position in Hewlett Packard Enterprise by 9.0% in the first quarter.
Shares are trading at $17.31 a tad under $17.20, the stock's 50 day moving average and barely below the 200 day moving average of $17.61. For the quarter, shares have been noted at -7.16%. First National Bank & Trust Co. of Newtown raised its position in Hewlett Packard Enterprise by 0.3% in the first quarter. It has outperformed by 40.04% the S&P500.The move comes after 9 months positive chart setup for the $28.63 billion company. The technology company reported $0.35 earnings per share (EPS) for the quarter, hitting analysts' consensus estimates of $0.35. Alpha Windward LLC increased its position in Hewlett Packard Enterprise by 11.8% in the second quarter. CT now owns 9,632,181 shares of the technology company's stock worth $159,798,000 after buying an additional 1,301,201 shares in the last quarter. Hewlett Packard Enterprise Comp also recently announced a dividend for shareholders which will be paid on Wednesday the 4th of October 2017. Investors of record on Wednesday, September 13th will be issued a dividend of $0.065 per share.