Hewlett Packard Enterprise Co (NYSE:HPE) Updated Broker Ratings

Adjust Comment Print

West Oak Cap Limited Liability owns 4,196 shares.

09/01/2017 - Hewlett Packard Enterprise Co had its "underweight" rating reiterated by analysts at Barclays. YorkBridge Wealth Partners LLC now owns 6,457 shares of the technology company's stock valued at $108,000 after purchasing an additional 200 shares during the last quarter. Harfst & Associates Inc. purchased a new position in shares of Hewlett Packard Enterprise in the first quarter valued at about $127,000. The stock now has an average rating of "Hold" and an average price target of $18.51. 2090665 shares were traded on Hewlett-Packard Company's last session. Average true range (ATR-14) of the company is at 0.33. On average, equities research analysts forecast that Hewlett Packard Enterprise will post $1.47 earnings per share for the current fiscal year. 2,113,278 shares of the company were exchanged. Looking at a shorter time period, shares have been seen -2.05% away from the 50 day high and 14.19% off the 50 day low price. They presently have a $18.00 price objective on the technology company's stock. Hewlett Packard has $29.0 highest and $14.0 lowest target.

Shares of Hewlett Packard Enterprise (HPE) traded up 1.453% on Tuesday, hitting $15.015.

Keeping an eyeball on Moving Averages, the 50-day is 14.07; the 200-day is at 13.83, for Hewlett Packard Enterprise Company (HPE). Return on assets is 0.20% and Return on equity (ROE) is 0.40% while it's Return on Investment (ROI) of 7.50%. The company's revenue was down 10.4% on a year-over-year basis. During the same period past year, the business earned $0.49 EPS.

While looking at the Stock's Performance, Hewlett Packard Enterprise Company now shows a Weekly Performance of 1.84%, where Monthly Performance is 12.06%, Quarterly performance is 14.87%, 6 Months performance is 6.08% and yearly performance percentage is 14.41%.

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, October 4th. Its up 0.41, from 1.3 in 2017Q1. The ex-dividend date was Tuesday, September 12th.

ILLEGAL ACTIVITY WARNING: This piece of content was posted by StockNewsTimes and is the sole property of of StockNewsTimes. If you are viewing this report on another domain, it was illegally copied and reposted in violation of USA & worldwide copyright & trademark legislation. The correct version of this piece of content can be accessed at https://weekherald.com/2017/10/10/fairpointe-capital-llc-has-395000-holdings-in-hewlett-packard-enterprise-company-hpe.html. The last close places the company's stock about $3.67 off its 52 week high of $6.07 and $1.1 above the 52 week low of $1.3. The stock was sold at an average price of $17.47, for a total transaction of $6,807,202.97. The number of shares now owned by investors are 1.62 bln. They now have a Dollars 14 price target on the stock. The rating was maintained by RBC Capital Markets with "Hold" on Monday, April 24. The disclosure for this sale can be found here. BidaskClub downgraded Hewlett Packard Enterprise from a "hold" rating to a "sell" rating in a research report on Saturday, August 5th.

A number of institutional investors have recently added to or reduced their stakes in HPE. Whittier Trust Co. of Nevada Inc. lifted its position in shares of Hewlett Packard Enterprise by 4.1% during the 2nd quarter. The brokerage now has a $18.00 target price on the technology company's stock. BMO Capital Markets reaffirmed a market perform rating and issued a $15.00 price target (down from $18.00) on shares of Hewlett Packard Enterprise in a research note on Wednesday, September 6th. The average investment recommendation on a scale of 1 to 5 (1 being a strong buy, 3 a hold, and 5 a sell) is 2.50, which implies that analysts are generally neutral in their outlook for HPE over the next year. Morgan Stanley reiterated an "equal weight" rating and set a $18.00 target price on shares of Hewlett Packard Enterprise in a research report on Friday, August 18th. The Enterprise Group segment provides its customers with the technology infrastructure they need to optimize traditional information technology (IT). The Company's divisions include: Enterprise Group, Software, Financial Services and Corporate Investments.

Want to see what other hedge funds are holding HPE?