Thompson Siegel & Walmsley LLC Purchases Shares of 1,199,668 Hewlett Packard Enterprise (NYSE:HPE)

Thompson Siegel & Walmsley LLC purchased a new stake in Hewlett Packard Enterprise (NYSE:HPE) in the 2nd quarter, according to its most recent filing with the SEC. The fund purchased 1,199,668 shares of the technology company’s stock, valued at approximately $20,155,000. Thompson Siegel & Walmsley LLC owned about 0.09% of Hewlett Packard Enterprise as of its most recent filing with the SEC.

Several other institutional investors also recently bought and sold shares of HPE. Cambridge Investment Research Advisors Inc. raised its holdings in Hewlett Packard Enterprise by 10.8% in the 1st quarter. Cambridge Investment Research Advisors Inc. now owns 74,736 shares of the technology company’s stock valued at $1,249,000 after acquiring an additional 7,285 shares during the last quarter. D.A. Davidson & CO. raised its holdings in Hewlett Packard Enterprise by 12.6% in the 1st quarter. D.A. Davidson & CO. now owns 16,151 shares of the technology company’s stock valued at $270,000 after acquiring an additional 1,809 shares during the last quarter. Raymond James Trust N.A. raised its holdings in Hewlett Packard Enterprise by 46.4% in the 1st quarter. Raymond James Trust N.A. now owns 16,080 shares of the technology company’s stock valued at $269,000 after acquiring an additional 5,095 shares during the last quarter. Blair William & Co. IL grew its stake in shares of Hewlett Packard Enterprise by 9.8% during the 1st quarter. Blair William & Co. IL now owns 332,584 shares of the technology company’s stock valued at $5,557,000 after buying an additional 29,819 shares during the period. Finally, Aviva PLC grew its stake in shares of Hewlett Packard Enterprise by 45.8% during the 1st quarter. Aviva PLC now owns 634,757 shares of the technology company’s stock valued at $10,607,000 after buying an additional 199,382 shares during the period. 81.15% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

Several analysts have recently issued reports on the stock. Bank of America boosted their price objective on shares of Hewlett Packard Enterprise from $18.00 to $19.00 and gave the company a “neutral” rating in a research note on Wednesday, August 30th. Credit Suisse Group lowered their price objective on shares of Hewlett Packard Enterprise from $21.00 to $20.00 and set an “outperform” rating for the company in a research note on Wednesday, August 30th. Morgan Stanley boosted their price objective on shares of Hewlett Packard Enterprise from $14.00 to $15.00 and gave the company an “underweight” rating in a research note on Wednesday, August 30th. StockNews.com raised shares of Hewlett Packard Enterprise from a “hold” rating to a “buy” rating in a research note on Tuesday, October 31st. Finally, Wells Fargo & Company upped their price target on shares of Hewlett Packard Enterprise from $20.00 to $21.00 and gave the stock an “overweight” rating in a research report on Wednesday, August 30th. One research analyst has rated the stock with a sell rating, five have assigned a hold rating and five have given a buy rating to the stock. According to MarketBeat.com, Hewlett Packard Enterprise presently has an average rating of “Hold” and an average target price of $17.54.

Insider Buying and Selling at Hewlett Packard Enterprise

In other news, EVP Alan Richard May sold 343,016 shares of the company’s stock in a transaction dated Thursday, September 7th. The shares were sold at an average price of $17.48, for a total value of $5,995,919.68. Following the sale, the executive vice president now owns 249,511 shares in the company, valued at approximately $4,361,452.28. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website. In other news, EVP Alan Richard May sold 343,016 shares of the company’s stock in a transaction dated Thursday, September 7th. The shares were sold at an average price of $17.48, for a total value of $5,995,919.68. Following the sale, the executive vice president now owns 249,511 shares in the company, valued at approximately $4,361,452.28. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, CEO Antonio F. Neri sold 434,884 shares of the company’s stock in a transaction dated Thursday, September 7th. The shares were sold at an average price of $17.48, for a total transaction of $7,601,772.32. Following the completion of the sale, the chief executive officer now owns 1,370,291 shares in the company, valued at approximately $23,952,686.68. The disclosure for this sale can be found here. 0.53% of the stock is currently owned by corporate insiders.

Hewlett Packard Enterprise Stock Up 1.2 %

NYSE:HPE traded up $0.19 on Friday, reaching $15.93. The stock had a trading volume of 8,801,041 shares, compared to its average volume of 11,977,658. The company has a current ratio of 0.88, a quick ratio of 0.65 and a debt-to-equity ratio of 0.43. The company has a 50-day moving average of $16.43 and a 200 day moving average of $16.38. The stock has a market cap of $20.44 billion, a P/E ratio of 19.42, a price-to-earnings-growth ratio of 2.69 and a beta of 1.25. Hewlett Packard Enterprise has a 12-month low of $13.65 and a 12-month high of $18.14.

Hewlett Packard Enterprise (NYSE:HPE) last posted its quarterly earnings data on Tuesday, August 29th. The technology company reported $0.49 earnings per share for the quarter, beating analysts’ consensus estimates of $0.47 by $0.02. The company had revenue of $7 billion during the quarter, compared to analysts’ expectations of $6.99 billion. Hewlett Packard Enterprise had a net margin of 3.64% and a return on equity of 5.32%. The firm’s revenue for the quarter was up .7% on a year-over-year basis. During the same period in the prior year, the company posted $0.31 EPS. On average, research analysts predict that Hewlett Packard Enterprise will post 1.42 earnings per share for the current year.

Hewlett Packard Enterprise Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Friday, October 13th. Shareholders of record on Thursday, September 14th were given a $0.12 dividend. The ex-dividend date was Wednesday, September 13th. This represents a $0.48 dividend on an annualized basis and a yield of 3.01%. Hewlett Packard Enterprise’s payout ratio is currently 58.54%.

Hewlett Packard Enterprise Company Profile

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.