MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. Has $15.95 Million Holdings in Hewlett Packard Enterprise (NYSE:HPE)

MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its position in Hewlett Packard Enterprise (NYSE:HPE) by 10.2% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 746,928 shares of the technology company’s stock after buying an additional 69,274 shares during the period. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. owned 0.06% of Hewlett Packard Enterprise worth $15,947,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in HPE. Geode Capital Management LLC raised its stake in shares of Hewlett Packard Enterprise by 2.2% in the fourth quarter. Geode Capital Management LLC now owns 32,173,982 shares of the technology company’s stock worth $686,011,000 after acquiring an additional 681,242 shares during the last quarter. Northern Trust Corp raised its stake in shares of Hewlett Packard Enterprise by 24.7% in the fourth quarter. Northern Trust Corp now owns 16,184,240 shares of the technology company’s stock worth $345,534,000 after acquiring an additional 3,208,424 shares during the last quarter. Raymond James Financial Inc. bought a new position in shares of Hewlett Packard Enterprise in the fourth quarter worth about $292,959,000. Boston Partners raised its stake in shares of Hewlett Packard Enterprise by 19.1% in the fourth quarter. Boston Partners now owns 12,848,336 shares of the technology company’s stock worth $276,075,000 after acquiring an additional 2,058,562 shares during the last quarter. Finally, Slate Path Capital LP raised its stake in shares of Hewlett Packard Enterprise by 44.8% in the fourth quarter. Slate Path Capital LP now owns 12,689,164 shares of the technology company’s stock worth $270,914,000 after acquiring an additional 3,924,039 shares during the last quarter. 80.78% of the stock is currently owned by institutional investors and hedge funds.

Insider Buying and Selling at Hewlett Packard Enterprise

In other Hewlett Packard Enterprise news, Director Bethany Mayer sold 6,409 shares of Hewlett Packard Enterprise stock in a transaction dated Friday, April 4th. The stock was sold at an average price of $13.19, for a total value of $84,534.71. The transaction was disclosed in a filing with the SEC, which is accessible through this link. Company insiders own 0.36% of the company’s stock.

Analyst Upgrades and Downgrades

A number of equities research analysts recently weighed in on HPE shares. Susquehanna dropped their price target on shares of Hewlett Packard Enterprise from $20.00 to $15.00 and set a “neutral” rating for the company in a research note on Friday, March 7th. Daiwa Capital Markets downgraded shares of Hewlett Packard Enterprise from an “outperform” rating to a “neutral” rating and set a $16.00 price target for the company. in a research note on Wednesday, March 12th. Morgan Stanley downgraded shares of Hewlett Packard Enterprise from an “overweight” rating to an “equal weight” rating and set a $14.00 price target for the company. in a research note on Tuesday, April 8th. Barclays dropped their price target on shares of Hewlett Packard Enterprise from $27.00 to $20.00 and set an “overweight” rating for the company in a research note on Friday, March 7th. Finally, Bank of America dropped their price target on shares of Hewlett Packard Enterprise from $26.00 to $20.00 and set a “buy” rating for the company in a research note on Friday, March 7th. Ten analysts have rated the stock with a hold rating, six have given a buy rating and one has assigned a strong buy rating to the company. Based on data from MarketBeat, the company currently has a consensus rating of “Hold” and an average price target of $20.60.

Hewlett Packard Enterprise Trading Down 1.2%

HPE opened at $17.63 on Friday. The firm’s fifty day simple moving average is $15.61 and its 200 day simple moving average is $19.40. The stock has a market capitalization of $23.16 billion, a P/E ratio of 9.28, a P/E/G ratio of 2.03 and a beta of 1.29. The company has a current ratio of 1.29, a quick ratio of 0.99 and a debt-to-equity ratio of 0.54. Hewlett Packard Enterprise has a 12 month low of $11.97 and a 12 month high of $24.66.

Hewlett Packard Enterprise Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Friday, April 18th. Shareholders of record on Friday, March 21st were paid a $0.13 dividend. This represents a $0.52 annualized dividend and a dividend yield of 2.95%. The ex-dividend date was Friday, March 21st. Hewlett Packard Enterprise’s dividend payout ratio is 25.37%.

Hewlett Packard Enterprise Profile

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.