International Assets Investment Management LLC Purchases 9,578 Shares of Hewlett Packard Enterprise (NYSE:HPE)

International Assets Investment Management LLC boosted its position in shares of Hewlett Packard Enterprise (NYSE:HPE) by 15.1% in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 73,005 shares of the technology company’s stock after purchasing an additional 9,578 shares during the quarter. International Assets Investment Management LLC’s holdings in Hewlett Packard Enterprise were worth $1,240,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Aspire Private Capital LLC grew its position in shares of Hewlett Packard Enterprise by 169.2% during the 4th quarter. Aspire Private Capital LLC now owns 1,217 shares of the technology company’s stock worth $19,423,320,000 after buying an additional 765 shares during the period. Authentikos Wealth Advisory LLC acquired a new position in shares of Hewlett Packard Enterprise during the 3rd quarter worth about $31,000. Ritter Daniher Financial Advisory LLC DE acquired a new position in shares of Hewlett Packard Enterprise during the 3rd quarter worth about $33,000. Salem Investment Counselors Inc. grew its position in shares of Hewlett Packard Enterprise by 180.1% in the 4th quarter. Salem Investment Counselors Inc. now owns 1,961 shares of the technology company’s stock valued at $33,000 after purchasing an additional 1,261 shares during the period. Finally, First Manhattan Co. grew its position in shares of Hewlett Packard Enterprise by 89.4% in the 1st quarter. First Manhattan Co. now owns 2,413 shares of the technology company’s stock valued at $40,000 after purchasing an additional 1,139 shares during the period. 80.78% of the stock is owned by institutional investors.

Hewlett Packard Enterprise Trading Down 1.5 %

Shares of Hewlett Packard Enterprise stock opened at $16.79 on Monday. Hewlett Packard Enterprise has a 12-month low of $13.65 and a 12-month high of $20.07. The stock has a market cap of $21.83 billion, a P/E ratio of 11.58, a P/E/G ratio of 3.11 and a beta of 1.21. The company has a quick ratio of 0.63, a current ratio of 0.89 and a debt-to-equity ratio of 0.37. The business’s 50 day moving average is $16.87 and its 200-day moving average is $16.40.

Hewlett Packard Enterprise (NYSE:HPE) last announced its quarterly earnings data on Thursday, February 29th. The technology company reported $0.48 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.45 by $0.03. Hewlett Packard Enterprise had a return on equity of 9.12% and a net margin of 6.81%. The company had revenue of $6.76 billion for the quarter, compared to analysts’ expectations of $7.09 billion. During the same quarter in the prior year, the business posted $0.38 EPS. The business’s revenue was down 13.5% compared to the same quarter last year. Equities research analysts predict that Hewlett Packard Enterprise will post 1.4 earnings per share for the current fiscal year.

Hewlett Packard Enterprise Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Friday, April 12th. Investors of record on Friday, March 15th were paid a $0.13 dividend. This represents a $0.52 dividend on an annualized basis and a yield of 3.10%. The ex-dividend date was Thursday, March 14th. Hewlett Packard Enterprise’s dividend payout ratio (DPR) is presently 35.86%.

Analyst Ratings Changes

Several equities analysts recently issued reports on the company. Morgan Stanley boosted their price objective on Hewlett Packard Enterprise from $16.00 to $19.00 and gave the company an “equal weight” rating in a research report on Monday, April 15th. Barclays decreased their price objective on Hewlett Packard Enterprise from $15.00 to $14.00 and set an “equal weight” rating for the company in a research report on Friday, March 1st. StockNews.com upgraded Hewlett Packard Enterprise from a “hold” rating to a “buy” rating in a research report on Friday. Stifel Nicolaus cut their target price on Hewlett Packard Enterprise from $20.00 to $18.00 and set a “buy” rating on the stock in a research note on Friday, March 1st. Finally, Sanford C. Bernstein cut Hewlett Packard Enterprise from an “outperform” rating to a “market perform” rating and cut their target price for the company from $20.00 to $17.00 in a research note on Tuesday, January 16th. Seven investment analysts have rated the stock with a hold rating and four have given a buy rating to the company. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and a consensus price target of $17.91.

About Hewlett Packard Enterprise

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.