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Pre-Market Movers - Hewlett Packard Enterprise Company (NYSE:HPE)

12 October 2017

West Oak Cap Limited Liability owns 4,196 shares.

05/25/2017 - Hewlett-Packard Company had its "buy" rating reiterated by analysts at Bank of America Merrill Lynch.

Want to see what other hedge funds are holding HPE? State of Alaska Department of Revenue lifted its position in shares of Hewlett Packard Enterprise by 55.1% during the 2nd quarter.

In other Hewlett Packard Enterprise news, CEO Margaret C. Whitman sold 194,844 shares of the stock in a transaction that occurred on Wednesday, July 12th.

08/24/2017 - Hewlett-Packard Company had its "outperform" rating reiterated by analysts at FBN Securities. The stock volatility for the week was 2.09% while for the month was 2.28%. Hewlett Packard Enterprise Co (HPE) has risen 56.74% since October 10, 2016 and is uptrending. On average, equities research analysts forecast that Hewlett Packard Enterprise will post $1.47 earnings per share for the current fiscal year. This is the signal from the 20-day MA which is used to monitor changes in share price. The firm's 50 day moving average price is $14.03 and its 200 day moving average price is $13.82.

The company's P/E ratio is now valued at 80, with a forward P/E of 12.44. The ratio improved, as 12 funds increased or opened new equity positions, while 7 sold and reduced holdings in Hewlett Packard Co. The technology company reported $0.45 earnings per share for the quarter, beating the Thomson Reuters' consensus estimate of $0.44 by $0.01. Hewlett Packard Enterprise Company (NYSE:HPE) has been trading in a bearish manner, based on the relative positions of the stock's 20 and 200 day moving averages. The return on equity (ROE), also known as return on investment (ROI), is the best measure of the return, since it is the product of the operating performance, asset turnover, and debt-equity management of the firm. The business's revenue was up 2.5% compared to the same quarter past year. During the same period previous year, the business earned $0.49 EPS.

The business also recently announced a quarterly dividend, which was paid on Wednesday, October 4th. Stockholders of record on Wednesday, June 14th will be issued a $0.065 dividend. The dividend was $0.065 per share for the quarter which is $0.26 annualized. The firm earned "Neutral" rating on Tuesday, September 22 by Goldman Sachs. Hewlett Packard Enterprise's payout ratio is now 371.48%.

ILLEGAL ACTIVITY WARNING: This piece of content was first published by Week Herald and is the sole property of of Week Herald. If you are viewing this piece of content on another publication, it was stolen and republished in violation of United States & worldwide copyright & trademark law. The shares were sold at an average price of $17.82, for a total value of $6,943,883.76. Hosking Partners Llp owns 1,161,951 shares with a value of $19,277,000. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. The Lower end of the earnings estimate is $0.26, while the higher end of the earnings estimate is $0.34. To do this, analysts often study the speed and magnitude of a stock's price movements with what are known as momentum indicators. The total amount of shares outstanding is 362.62M, giving the company a market capitalization of about 7.77B. BidaskClub downgraded Hewlett Packard Enterprise from a "hold" rating to a "sell" rating in a research report on Saturday, August 5th. The stock is noticeable among investors as HPE reported favorable performance of 11.25%. Zacks Investment Research raised Hewlett Packard Enterprise from a "hold" rating to a "buy" rating and set a $26.00 price objective for the company in a report on Tuesday, January 24th. Barclays PLC restated a "sell" rating and set a $14.00 price target on shares of Hewlett Packard Enterprise in a research report on Friday, September 8th.

A stock rating usually tells investors how well a stock's market value relates to what analysts think is a fair value for the stock, based on an independent evaluation of the company.

Analysts have given a mean recommendation of 2.50 on this stock (A rating of less than 2 means buy, "hold" within the 3 range, "sell" within the 4 range, and "strong sell" within the 5 range).

Hewlett Packard Enterprise Company is a provider of technology solutions. The Company's segments include: Enterprise Group, Software, Financial Services and Corporate Investments.

Pre-Market Movers - Hewlett Packard Enterprise Company (NYSE:HPE)