Published: Wed, May 31, 2017
Markets | By Terence Owen

Hewlett Packard Enterprise Company Earnings Watch & Stock Update


Hedge funds have recently added to or reduced their stakes in the company. Finally, Harfst & Associates Inc. purchased a new stake in shares of Hewlett Packard Enterprise during the first quarter valued at $127,000.

Hewlett Packard Enterprise Company (NYSE:HPE) has accumulated 41.65% over the course of one week. CIBC World Markets Inc. now owns 1,022,326 shares of the technology company's stock valued at $18,152,000 after buying an additional 932,895 shares in the last quarter. Haverford Trust Co. now owns 14,848 shares of the technology company's stock valued at $344,000 after buying an additional 98 shares during the last quarter. In this case, shares are down -13.15% from $43.89, the 52-week high touched on Jul. 05, 2016, but are collecting gains at -1.85% for the past 12 months. Credit Suisse maintained Hewlett Packard Enterprise Co (NYSE:HPE) rating on Wednesday, April 5. Insiders own 0.87% of the company's stock. See which 3 stocks are most likely to make moves following their insider activities.

Shares of Hewlett Packard Enterprise Co (NYSE:HPE) traded down 0.05% during midday trading on Friday, reaching $18.83. (JEC) climbed 0.13% and its total traded volume was 0.68 million shares contrast to the average volume of 0.86 million shares. After a recent review, the stock has been noted $0.154 away from the 50-day moving average of $18.601 and $-3.204 away from the 200-day moving average of $21.959.

Stifel Nicolaus now has a $20.0000 TP on the $31.29 billion market cap company or 5.88 % upside potential. Hewlett Packard Enterprise Co has a one year low of $16.97 and a one year high of $24.88. Hewlett Packard Enterprise also was the target of unusually large options trading on Monday. This represents an increase of 695% compared to the typical volume of 685 put options. Hewlett Packard Enterprise Co (HPE) has risen 56.74% since May 30, 2016 and is uptrending. They are also projecting the Low EPS estimate of $0.33 and the High EPS estimate of $0.38. Hewlett Packard Enterprise had a net margin of 6.31% and a return on equity of 10.43%. The company had revenue of $11.41 billion for the quarter, compared to analyst estimates of $12.09 billion. They expect $0.48 EPS, up 33.33% or $0.12 from last year's $0.36 per share. The firm's revenue was down 10.4% on a year-over-year basis. The Price Index 12m for Hewlett Packard Enterprise Company (NYSE:HPE) is 1.04436. Stockholders of record on Wednesday, June 14th will be issued a $0.065 dividend. The ex-dividend date is Monday, June 12th.

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The important indication of dividend power is not so much a high dividend yield but high company quality, which you can discover through its history of dividends, which should increase over time. YorkBridge Wealth Partners LLC boosted its stake in shares of Hewlett Packard Enterprise by 12.1% in the first quarter.

Several research analysts have issued reports on HPE shares. Needham & Company LLC lowered Hewlett Packard Enterprise from a "buy" rating to a "hold" rating in a research report on Friday, February 24th. Sell-side analysts have also provided a consensus recommendation of 2.50 on company shares.

5/26/2017-Stifel Nicolaus Reiterated Rating of Hold. (NYSE:BOX) was up 0.32% at $18.83 on Monday, in a 52-week range of $9.86 to $19.08 and with a consensus analyst target price of $20.86. Analysts have a mean recommendation of 1.80 on this stock (A rating of less than 2 means buy, "hold" within the 3 range, "sell" within the 4 range, and "strong sell" within the 5 range). The legal version of this news story can be accessed at https://www.chaffeybreeze.com/2017/05/30/hewlett-packard-enterprise-co-hpe-shares-sold-by-budros-ruhlin-roe-inc.html.

The company declined -0.05% and closed its last trading session at $18.84. Following the completion of the transaction, the executive vice president now directly owns 474,245 shares in the company, valued at $10,627,830.45. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink.

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