Phil Mottram Sells 5,000 Shares of Hewlett Packard Enterprise (NYSE:HPE) Stock

Hewlett Packard Enterprise (NYSE:HPEGet Rating) EVP Phil Mottram sold 5,000 shares of the company’s stock in a transaction that occurred on Wednesday, January 4th. The shares were sold at an average price of $16.50, for a total value of $82,500.00. Following the transaction, the executive vice president now directly owns 34,764 shares in the company, valued at approximately $573,606. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink.

Phil Mottram also recently made the following trade(s):

  • On Friday, December 2nd, Phil Mottram sold 27,046 shares of Hewlett Packard Enterprise stock. The shares were sold at an average price of $16.58, for a total value of $448,422.68.
  • On Wednesday, November 30th, Phil Mottram sold 3,001 shares of Hewlett Packard Enterprise stock. The shares were sold at an average price of $16.50, for a total value of $49,516.50.

Hewlett Packard Enterprise Stock Performance

Shares of HPE opened at $17.11 on Friday. Hewlett Packard Enterprise has a 12 month low of $11.90 and a 12 month high of $17.76. The stock has a fifty day moving average price of $15.64 and a 200-day moving average price of $14.22. The company has a current ratio of 0.88, a quick ratio of 0.66 and a debt-to-equity ratio of 0.39. The firm has a market cap of $21.93 billion, a PE ratio of 25.92, a P/E/G ratio of 2.61 and a beta of 1.22.

Hewlett Packard Enterprise Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, January 13th. Stockholders of record on Wednesday, December 14th will be issued a dividend of $0.12 per share. The ex-dividend date is Tuesday, December 13th. This represents a $0.48 annualized dividend and a dividend yield of 2.81%. Hewlett Packard Enterprise’s dividend payout ratio is presently 72.73%.

Institutional Trading of Hewlett Packard Enterprise

Several hedge funds and other institutional investors have recently made changes to their positions in the business. Cambridge Trust Co. lifted its holdings in shares of Hewlett Packard Enterprise by 3.3% during the 2nd quarter. Cambridge Trust Co. now owns 20,727 shares of the technology company’s stock valued at $275,000 after purchasing an additional 668 shares during the last quarter. Strategic Wealth Advisors Group LLC increased its position in shares of Hewlett Packard Enterprise by 3.6% in the 3rd quarter. Strategic Wealth Advisors Group LLC now owns 22,249 shares of the technology company’s stock valued at $267,000 after acquiring an additional 777 shares during the period. Crossmark Global Holdings Inc. increased its position in shares of Hewlett Packard Enterprise by 0.4% in the 3rd quarter. Crossmark Global Holdings Inc. now owns 223,300 shares of the technology company’s stock valued at $2,675,000 after acquiring an additional 780 shares during the period. TRUE Private Wealth Advisors increased its position in shares of Hewlett Packard Enterprise by 5.0% in the 3rd quarter. TRUE Private Wealth Advisors now owns 16,672 shares of the technology company’s stock valued at $199,000 after acquiring an additional 794 shares during the period. Finally, International Assets Investment Management LLC increased its position in shares of Hewlett Packard Enterprise by 2.8% in the 1st quarter. International Assets Investment Management LLC now owns 29,846 shares of the technology company’s stock valued at $499,000 after acquiring an additional 808 shares during the period. Hedge funds and other institutional investors own 81.36% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of brokerages recently issued reports on HPE. Loop Capital boosted their price target on Hewlett Packard Enterprise from $14.00 to $17.00 in a report on Monday, December 5th. KGI Securities lowered Hewlett Packard Enterprise from an “outperform” rating to a “neutral” rating in a report on Tuesday, October 18th. StockNews.com began coverage on Hewlett Packard Enterprise in a report on Wednesday, October 12th. They issued a “hold” rating for the company. Citigroup boosted their price target on Hewlett Packard Enterprise from $11.50 to $13.00 in a report on Wednesday, November 30th. Finally, Susquehanna boosted their price target on Hewlett Packard Enterprise from $15.00 to $16.00 in a report on Wednesday, November 30th. Two investment analysts have rated the stock with a sell rating, five have issued a hold rating and six have issued a buy rating to the company. According to MarketBeat.com, Hewlett Packard Enterprise presently has a consensus rating of “Hold” and an average target price of $17.00.

Hewlett Packard Enterprise Company Profile

(Get Rating)

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.

Further Reading

Insider Buying and Selling by Quarter for Hewlett Packard Enterprise (NYSE:HPE)

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