Hewlett Packard Enterprise Co (NYSE:HPE) Shares Sold by Campbell & CO Investment Adviser LLC

Campbell & CO Investment Adviser LLC lessened its holdings in Hewlett Packard Enterprise Co (NYSE:HPE) by 22.1% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 50,758 shares of the technology company’s stock after selling 14,404 shares during the period. Campbell & CO Investment Adviser LLC’s holdings in Hewlett Packard Enterprise were worth $770,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors have also made changes to their positions in the company. Assenagon Asset Management S.A. lifted its stake in shares of Hewlett Packard Enterprise by 16.1% in the 3rd quarter. Assenagon Asset Management S.A. now owns 381,943 shares of the technology company’s stock valued at $5,794,000 after purchasing an additional 53,053 shares during the last quarter. Sumitomo Mitsui DS Asset Management Company Ltd lifted its stake in shares of Hewlett Packard Enterprise by 6.3% in the 3rd quarter. Sumitomo Mitsui DS Asset Management Company Ltd now owns 92,355 shares of the technology company’s stock valued at $1,401,000 after purchasing an additional 5,456 shares during the last quarter. Ferguson Wellman Capital Management Inc. lifted its stake in shares of Hewlett Packard Enterprise by 48.3% in the 3rd quarter. Ferguson Wellman Capital Management Inc. now owns 14,988 shares of the technology company’s stock valued at $227,000 after purchasing an additional 4,880 shares during the last quarter. Penbrook Management LLC lifted its stake in Hewlett Packard Enterprise by 10.4% during the 3rd quarter. Penbrook Management LLC now owns 47,655 shares of the technology company’s stock worth $723,000 after acquiring an additional 4,475 shares in the last quarter. Finally, Pacer Advisors Inc. lifted its stake in Hewlett Packard Enterprise by 4.3% during the 3rd quarter. Pacer Advisors Inc. now owns 140,150 shares of the technology company’s stock worth $2,126,000 after acquiring an additional 5,748 shares in the last quarter. 81.74% of the stock is currently owned by institutional investors and hedge funds.

NYSE HPE traded down $0.01 during trading hours on Wednesday, hitting $15.13. 210,564 shares of the company were exchanged, compared to its average volume of 9,939,371. The company has a 50 day moving average of $14.45 and a two-hundred day moving average of $14.68. The company has a quick ratio of 0.75, a current ratio of 0.88 and a debt-to-equity ratio of 0.59. Hewlett Packard Enterprise Co has a 52-week low of $12.09 and a 52-week high of $16.97. The firm has a market cap of $19.72 billion, a price-to-earnings ratio of 9.68, a PEG ratio of 1.25 and a beta of 1.60.

Hewlett Packard Enterprise (NYSE:HPE) last issued its quarterly earnings results on Tuesday, August 27th. The technology company reported $0.45 earnings per share for the quarter, topping the Thomson Reuters’ 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 company had revenue of $7.22 billion for the quarter, compared to the consensus estimate of $7.29 billion. During the same quarter in the prior year, the business earned $0.44 EPS. Hewlett Packard Enterprise’s revenue was down 7.0% on a year-over-year basis. On average, 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 the company’s stock in a transaction dated Tuesday, September 24th. The stock was sold at an average price of $14.43, for a total transaction of $237,171.48. The sale was disclosed in a filing with the SEC, which is available at the SEC website. Also, CEO Antonio F. Neri sold 49,635 shares of the company’s stock in a transaction dated Monday, September 16th. The stock was sold at an average price of $15.19, for a total value of $753,955.65. Following the sale, the chief executive officer now owns 29,602 shares in the company, valued at approximately $449,654.38. The disclosure for this sale can be found here. 0.56% of the stock is owned by corporate insiders.

HPE has been the topic of several research reports. 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. Barclays increased their target price on Hewlett Packard Enterprise from $14.00 to $15.00 and gave the stock an “equal weight” rating in a research note on Wednesday, August 28th. ValuEngine raised Hewlett Packard Enterprise from a “strong sell” rating to a “sell” rating in a research note on Wednesday, October 2nd. Susquehanna Bancshares set a $15.00 target price on Hewlett Packard Enterprise and gave the stock a “hold” rating in a research note on Friday, September 13th. Finally, TheStreet lowered Hewlett Packard Enterprise from a “b-” rating to a “c+” rating in a research note on Friday, August 23rd. Five research analysts have rated the stock with a sell rating, eight have assigned a hold rating and five have assigned a buy rating to the stock. Hewlett Packard Enterprise presently has a consensus rating of “Hold” and an average target price of $15.75.

Hewlett Packard Enterprise 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.

Recommended Story: How a Strangle Strategy is different from a Straddle Strategy

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.