Zacks offers analysts with an Average Broker Rating (or ABR), basing it on sell-side recommendations. Next quarter's EPS is forecasted at $0.41 and the next full year EPS is anticipated to be $1.34.
A number of analysts recently issued reports on the company. Baird reissued a hold rating and set a $19.00 price objective on shares of Hewlett Packard Enterprise in a research report on Wednesday, June 7th. Also, the Hold rating count is 3 as of 08/10/17. The firm earned "Neutral" rating on Tuesday, November 3 by Mizuho. Credit Suisse Group restated a "buy" rating and set a $21.00 target price on shares of Hewlett Packard Enterprise in a research note on Tuesday, May 23rd. Analysts giving shares a rating of 1 or 2 would be indicating a Buy. It has been assigned a low target price of $15 and a high target price of $19. This is the current Zacks consensus EPS which was calculated at the time of writing. If you are accessing this news story on another website, it was copied illegally and republished in violation of USA and global trademark and copyright law. BidaskClub downgraded Hewlett Packard Enterprise from a "hold" rating to a "sell" rating in a research note on Saturday, August 5th. The stock was sold at an average price of $18.80, for a total transaction of $216,482.00.
Institutional investors now hold around $25.33 billion or 82.1% in HPE stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through the SEC website. Also, EVP Christopher P. Hsu sold 11,515 shares of the firm's stock in a transaction that occurred on Wednesday, May 31st. After this sale, 767,665 common shares of HPE are directly owned by the insider, with total stake valued at $13,142,425. The disclosure for this sale can be found here. The analyst recommendations from a month ago are 3 Buy, 1 Overweight, 2 Sell, 3 Hold and 1 Underweight. Company insiders own 0.87% of the company's stock.
Several hedge funds have recently added to or reduced their stakes in HPE. Its stake was worth $1,117,081,000 a decrease of 7.1% as of the end of the quarter. Proshare Advisors LLC claims 189,982 shares worth $3,152,000. Alpha Windward LLC now owns 20,667 shares of the technology company's stock valued at $343,000 after buying an additional 2,188 shares during the period. Gulf International Bank UK Ltd now owns 520,405 shares of the technology company's stock worth $12,333,000 after buying an additional 6,800 shares during the period. Hotchkis & Wiley Capital Management LLC raised its stake in Hewlett Packard Enterprise by 35.7% in the first quarter. Burke & Herbert Bank & Trust Co. now owns 24,902 shares of the technology company's stock worth $591,000 after buying an additional 2,060 shares during the period. Finally, Primecap Management Co. The institutional investor owned 967,701 shares of the technology company's stock after selling 26,700 shares during the period.
ILLEGAL ACTIVITY WARNING: "Hewlett Packard Enterprise Company (HPE) Position Boosted by Arizona State Retirement System" was originally published by Stock Observer and is the sole property of of Stock Observer.
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The company surged 0.06% and closed its last trading session at $17.63.
The stock last traded at $17.30 a bit lower than $17.20, the 50 day moving average and barely below the 200 day moving average of $17.61.
Hewlett Packard Enterprise Company has an M-score Beneish of -2.600536. The technology company reported $0.35 EPS for the quarter, meeting the consensus estimate of $0.35.
Analyst research firms are expressing bullish stance on The Macerich Company (NYSE:MAC)'s near-term growth potential. Finally, Spirit of America Management Corp NY boosted its position in shares of Hewlett Packard Enterprise by 30.0% in the first 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. The company also recently declared a dividend that will be paid on Wednesday October 4th, 2017. Investors of record on Wednesday, September 13th will be issued a dividend of $0.065 per share. This represents a $0.26 dividend on an annualized basis and a dividend yield of 1.50%. The ex-dividend date has been established as Monday the 12th of June 2017. Hewlett Packard Enterprise's payout ratio is 20.16%.
Hewlett Packard Enterprise Company is a provider of technology solutions. The Company's divisions include: Enterprise Group, Software, Financial Services and Corporate Investments. The Enterprise Group segment provides its customers with the technology infrastructure they need to optimize traditional information technology (IT).