Revenue Forecast of Hewlett Packard Enterprise Company (HPE)

Paterniano Del Favero
Agosto 17, 2017

Hewlett Packard Enterprise has a 1-year low of $15.49 and a 1-year high of $19.16.

Hewlett Packard Enterprise Company (HPE) opened at 17.60 on Thursday.

Want to see what other hedge funds are holding HPE? The stock traded at a volume of 2.51 million shares. Guardian Life Insurance Co. of America boosted its stake in Hewlett Packard Enterprise by 0.7% in the first quarter. Sell-side analyst recommendations point to a short term price target of $161 on the company shares. Whittier Trust Co. of Nevada Inc. raised its stake in Hewlett Packard Enterprise by 4.1% in the second quarter. The company has a 50-day moving average of $17.29 and a 200-day moving average of $17.63. Hotchkis & Wiley Capital Management LLC boosted its stake in Hewlett Packard Enterprise by 35.7% in the first quarter. The Manufacturers Life Insurance Company now owns 1,990,404 shares of the technology company's stock worth $33,022,000 after buying an additional 15,626 shares during the period. Buckingham Asset Management LLC boosted its stake in Hewlett Packard Enterprise by 0.5% in the first quarter. Whittier Trust Co. of Nevada Inc. now owns 6,713 shares of the technology company's stock valued at $111,000 after buying an additional 266 shares during the last quarter. California-based Blackrock Fund Advisors has invested 0% in Neonode, Inc (NASDAQ:NEON).

Several other hedge funds have also recently modified their holdings of HPE. Hewlett Packard Enterprise also saw some unusual options trading on Tuesday. Current price places the company's stock 9.21% away from its 200-day simple moving average, 8.64%, away from the 50-day average and also 1.07% away from 20-day average. Finally, Harfst & Associates Inc. acquired a new stake in Hewlett Packard Enterprise during the first quarter worth approximately $127,000. Traders bought 19,342 call options on the stock. This is an increase of 647% compared to the average volume of 2,590 call options. The technology company reported $0.35 earnings per share (EPS) for the quarter, meeting the Thomson Reuters' consensus estimate of $0.35.

Among 28 analysts covering Hewlett Packard Enterprise (NYSE:HPE), 9 have Buy rating, 3 Sell and 16 Hold. The Return on Investment (ROI) ratio of Hewlett Packard Enterprise Company (HPE) is 6.9 percent. The company had revenue of $9.90 billion for the quarter, compared to analyst estimates of $9.75 billion. The firm's revenue was down 22.1% compared to the same quarter past year. During the same period previous year, the firm posted $0.42 earnings per share. Analysts expect that Hewlett Packard Enterprise will post $1.45 EPS for the current year. Stockholders of record on Wednesday, September 13th will be given a $0.065 dividend. This represents a $0.26 dividend on an annualized basis and a yield of 1.48%. Zacks downgraded the stock to "Sell" rating in Tuesday, September 22 report.

ILLEGAL ACTIVITY NOTICE: "Hewlett Packard Enterprise Company (HPE) Position Maintained by Mitchell Mcleod Pugh & Williams Inc." was originally reported by Stock Observer and is the sole property of of Stock Observer. Mizuho reissued a "buy" rating on shares of Hewlett Packard Enterprise in a report on Wednesday, July 12th. The stock has "Hold" rating by Maxim Group on Monday, December 5. Jefferies Group LLC reiterated a "buy" rating and set a $22.00 price objective on shares of Hewlett Packard Enterprise in a report on Saturday, July 22nd. Credit Suisse Group reissued a "buy" rating and issued a $21.00 price objective on shares of Hewlett Packard Enterprise in a report on Tuesday, May 23rd. Two analysts have rated the stock with a sell rating, sixteen have issued a hold rating, twelve have assigned a buy rating and one has issued a strong buy rating to the company. The stock presently has a consensus rating of "Hold" and an average price target of $21.87. If you are accessing this story on another site, it was illegally stolen and reposted in violation of worldwide copyright legislation. The correct version of this story can be read at https://www.thestockobserver.com/2017/08/16/mitchell-mcleod-pugh-williams-inc-continues-to-hold-stake-in-hewlett-packard-enterprise-company-hpe-updated-updated-updated.html. The shares were sold at an average price of $18.80, for a total transaction of $216,482.00. Also, CEO Margaret C. Whitman sold 389,668 shares of the business's stock in a transaction that occurred on Wednesday, August 16th. In the last three months, insiders sold 1,981,652 shares of company stock valued at $34,537,666. Following the completion of the transaction, the chief executive officer now directly owns 962,433 shares of the company's stock, valued at approximately $16,977,318.12. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. The stock was sold at an average price of $18.99, for a total transaction of $122,675.40. The disclosure for this sale can be found here. The Company's segments include: Enterprise Group, Software, Financial Services and Corporate Investments.

Hewlett Packard Enterprise Company is a well-known provider of technology solutions. The Enterprise Group segment provides its clients with the technology infrastructure they need to optimize traditional information technology.

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