Nomura Holdings Inc. Increases Stock Holdings in Hewlett Packard Enterprise Co (NYSE:HPE)

Nomura Holdings Inc. boosted its position in Hewlett Packard Enterprise Co (NYSE:HPE) by 38.6% during the 2nd quarter, HoldingsChannel reports. The firm owned 18,551 shares of the technology company’s stock after purchasing an additional 5,164 shares during the period. Nomura Holdings Inc.’s holdings in Hewlett Packard Enterprise were worth $281,000 as of its most recent filing with the SEC.

A number of other large investors have also recently made changes to their positions in the business. BlackRock Inc. boosted its position in Hewlett Packard Enterprise by 7.7% in the second quarter. BlackRock Inc. now owns 98,230,773 shares of the technology company’s stock worth $1,468,550,000 after purchasing an additional 7,054,145 shares during the last quarter. Sage Rhino Capital LLC purchased a new position in shares of Hewlett Packard Enterprise during the 2nd quarter valued at about $1,441,000. Cresset Asset Management LLC raised its stake in Hewlett Packard Enterprise by 650.5% during the 2nd quarter. Cresset Asset Management LLC now owns 11,701 shares of the technology company’s stock valued at $176,000 after purchasing an additional 10,142 shares during the period. One Wealth Advisors LLC raised its stake in Hewlett Packard Enterprise by 6,225.6% during the 2nd quarter. One Wealth Advisors LLC now owns 16,320 shares of the technology company’s stock valued at $244,000 after purchasing an additional 16,062 shares during the period. Finally, Prudential PLC raised its stake in Hewlett Packard Enterprise by 7.9% during the 2nd quarter. Prudential PLC now owns 1,726,151 shares of the technology company’s stock valued at $25,892,000 after purchasing an additional 126,211 shares during the period. 81.64% of the stock is currently owned by institutional investors and hedge funds.

NYSE:HPE traded down $0.11 during trading hours on Friday, reaching $14.39. The stock had a trading volume of 2,631,426 shares, compared to its average volume of 10,606,067. The company has a debt-to-equity ratio of 0.59, a quick ratio of 0.75 and a current ratio of 0.88. Hewlett Packard Enterprise Co has a 52 week low of $12.09 and a 52 week high of $17.02. The company has a 50 day moving average price of $14.08 and a two-hundred day moving average price of $14.75. The stock has a market capitalization of $19.13 billion, a PE ratio of 9.22, a PEG ratio of 1.27 and a beta of 1.60.

Hewlett Packard Enterprise (NYSE:HPE) last released its quarterly earnings data on Tuesday, August 27th. The technology company reported $0.45 earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of $0.40 by $0.05. Hewlett Packard Enterprise had a positive return on equity of 12.92% and a negative net margin of 0.63%. The business had revenue of $7.22 billion for the quarter, compared to the consensus estimate of $7.29 billion. During the same quarter in the previous year, the company posted $0.44 EPS. The company’s revenue was down 7.0% compared to the same quarter last year. Equities research analysts predict that Hewlett Packard Enterprise Co will post 1.74 EPS for the current year.

In other Hewlett Packard Enterprise news, insider Philip Davis sold 16,436 shares of Hewlett Packard Enterprise stock in a transaction that occurred on Tuesday, September 24th. The stock was sold at an average price of $14.43, for a total value of $237,171.48. The transaction was disclosed in a filing with the SEC, which is available at this hyperlink. Also, CEO Antonio F. Neri sold 49,635 shares of Hewlett Packard Enterprise stock in a transaction that occurred on Monday, September 16th. The stock was sold at an average price of $15.19, for a total value of $753,955.65. Following the completion of the sale, the chief executive officer now directly owns 29,602 shares in the company, valued at approximately $449,654.38. The disclosure for this sale can be found here. Insiders own 0.56% of the company’s stock.

Several analysts recently issued reports on HPE shares. Daiwa Capital Markets set a $14.00 target price on Hewlett Packard Enterprise and gave the company a “hold” rating in a research note on Thursday, August 29th. UBS Group set a $15.00 target price on Hewlett Packard Enterprise and gave the company a “sell” rating in a research note on Monday. Longbow Research started coverage on Hewlett Packard Enterprise in a research note on Friday, June 21st. They set a “neutral” rating and a $15.00 target price on the stock. Argus raised Hewlett Packard Enterprise from a “hold” rating to a “buy” rating and set a $18.00 target price on the stock in a research note on Thursday, August 29th. Finally, Susquehanna Bancshares set a $15.00 target price on Hewlett Packard Enterprise and gave the company a “hold” rating in a research note on Friday, September 13th. Five research analysts have rated the stock with a sell rating, eight have assigned a hold rating and five have given a buy rating to the stock. The company currently has an average rating of “Hold” and an average price target of $15.81.

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.

Read More: What are gap-down stocks?

Want to see what other hedge funds are holding HPE? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Hewlett Packard Enterprise Co (NYSE:HPE).

Institutional Ownership by Quarter for Hewlett Packard Enterprise (NYSE:HPE)

Receive News & Ratings for Hewlett Packard Enterprise Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Hewlett Packard Enterprise and related companies with MarketBeat.com's FREE daily email newsletter.