Lunes, 24 Julio, 2017

Hewlett Packard Enterprise Co (HPE) Sees Significant Growth in Short Interest

Analysts See $0.35 EPS for Hewlett Packard Enterprise Co (HPE) Hewlett Packard Enterprise Company (NYSE:HPE) Quarterly EPS Analysis
Manuel Armenta | 20 May, 2017, 11:43

13040758 shares were traded on Hewlett Packard Enterprise Co's last session. Based on an average trading volume of 19,333,754 shares, the short-interest ratio is presently 1.9 days. Ltd. raised its position in Hewlett Packard Enterprise by 2.3% in the third quarter. Finally, Empyrean Capital Partners LP acquired a new position in shares of Hewlett Packard Enterprise during the third quarter valued at about $113,771,000.

Hewlett Packard Enterprise Company (HPE) now trades with a market capitalization of $31.10 Billion.

Now the shares of Hewlett Packard Enterprise Company (HPE) has a trading volume of 13.01 Million shares, with an average trading volume of 11480 shares - with shares dropping to a 52 week low of $15.21, and the company's shares hitting a 52 week high of $ 24.81. The company has a market capitalization of $31.02 billion, a price-to-earnings ratio of 10.15 and a beta of 3.05. The firm has a 50 day moving average of $18.77 and a 200 day moving average of $22.11. The share last price represents downtick move of -2.78% in value from company's 52-Week high price and shows 48.91% above change in value from its 52-Week low price. They now have a Dollars 22 price target on the stock. The business had revenue of $11.41 billion during the quarter, compared to analysts' expectations of $12.09 billion. Hewlett Packard Enterprise had a net margin of 6.31% and a return on equity of 10.43%. The company's revenue for the quarter was down 10.4% on a year-over-year basis. AQR Capital Management LLC now owns 25,007,739 shares of the technology company's stock worth $578,679,000 after buying an additional 21,019,389 shares during the period. On average, analysts anticipate that Hewlett Packard Enterprise Co will post $1.47 earnings per share for the current fiscal year.

The company also recently declared a quarterly dividend, which will be paid on Wednesday, July 5th. Stockholders of record on Wednesday, June 14th will be paid a $0.065 dividend. The ex-dividend date is Monday, June 12th. Its revenue has grown at an average annualized rate of about 0.40% during the past five years.

ILLEGAL ACTIVITY NOTICE: "Hewlett Packard Enterprise Co (HPE) Stake Lowered by Meridian Investment Counsel Inc." was first published by Chaffey Breeze and is owned by of Chaffey Breeze. If you are reading this story on another publication, it was copied illegally and reposted in violation of USA and global copyright legislation. NC increased its stake in Hewlett Packard Enterprise by 1.0% in the first quarter.

Several equities analysts recently issued reports on HPE shares.

02/24/2017 - Hewlett Packard Enterprise Co had its "buy" rating reiterated by analysts at Deutsche Bank. They noted that the move was a valuation call. Zacks Investment Research upgraded Hewlett Packard Enterprise from a "hold" rating to a "buy" rating and set a $26.00 price objective for the company in a research note on Tuesday, January 24th.

Hewlett Packard Enterprise Company is a provider of technology solutions. Three research analysts have rated the stock with a sell rating, eighteen have assigned a hold rating, twelve have issued a buy rating and one has assigned a strong buy rating to the company's stock.

In other news, EVP Christopher P. Hsu sold 31,421 shares of Hewlett Packard Enterprise stock in a transaction dated Wednesday, March 29th.

When it comes to the Analysis of a Stock, Price Target plays a vital role. Following the completion of the sale, the executive vice president now directly owns 474,245 shares in the company, valued at $10,627,830.45. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. Also, EVP John F. Schultz sold 17,176 shares of Hewlett Packard Enterprise stock in a transaction dated Friday, March 31st. The company's beta value is at 0. The disclosure for this sale can be found here. First National Bank & Trust Co. of Newtown now owns 31,911 shares of the technology company's stock worth $756,000 after buying an additional 80 shares during the last quarter.