Aperio Group LLC grew its holdings in shares of Hewlett Packard Enterprise Company (NYSE:HPE) by 9.6% in the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 1,130,094 shares of the technology company’s stock after acquiring an additional 99,442 shares during the quarter. Aperio Group LLC owned 0.07% of Hewlett Packard Enterprise worth $16,624,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also modified their holdings of the business. YorkBridge Wealth Partners LLC raised its stake in Hewlett Packard Enterprise by 3.2% during the second quarter. YorkBridge Wealth Partners LLC now owns 6,457 shares of the technology company’s stock worth $108,000 after acquiring an additional 200 shares in the last quarter. Westside Investment Management Inc. raised its stake in Hewlett Packard Enterprise by 1.5% during the second quarter. Westside Investment Management Inc. now owns 17,432 shares of the technology company’s stock worth $292,000 after acquiring an additional 250 shares in the last quarter. Whittier Trust Co. of Nevada Inc. raised its stake in Hewlett Packard Enterprise by 4.1% during the second quarter. Whittier Trust Co. of Nevada Inc. now owns 6,713 shares of the technology company’s stock worth $111,000 after acquiring an additional 266 shares in the last quarter. Meridian Investment Counsel Inc. raised its stake in Hewlett Packard Enterprise by 1.5% during the second quarter. Meridian Investment Counsel Inc. now owns 23,557 shares of the technology company’s stock worth $391,000 after acquiring an additional 350 shares in the last quarter. Finally, Budros Ruhlin & Roe Inc. raised its stake in Hewlett Packard Enterprise by 1.4% during the second quarter. Budros Ruhlin & Roe Inc. now owns 24,657 shares of the technology company’s stock worth $409,000 after acquiring an additional 352 shares in the last quarter. 81.16% of the stock is owned by hedge funds and other institutional investors.

In related news, CEO Margaret C. Whitman sold 251,268 shares of Hewlett Packard Enterprise stock in a transaction that occurred on Friday, August 4th. The stock was sold at an average price of $17.40, for a total transaction of $4,372,063.20. Following the sale, the chief executive officer now directly owns 865,021 shares in the company, valued at $15,051,365.40. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. Also, CEO Margaret C. Whitman sold 138,401 shares of Hewlett Packard Enterprise stock in a transaction that occurred on Wednesday, August 2nd. The shares were sold at an average price of $17.45, for a total value of $2,415,097.45. Following the sale, the chief executive officer now owns 896,720 shares in the company, valued at $15,647,764. The disclosure for this sale can be found here. Insiders have sold 3,265,866 shares of company stock worth $49,009,446 over the last 90 days. 0.87% of the stock is currently owned by corporate insiders.

Several brokerages have commented on HPE. Jefferies Group LLC reissued a “buy” rating and set a $17.50 target price (down previously from $22.00) on shares of Hewlett Packard Enterprise in a research note on Wednesday, September 6th. Mizuho reissued a “hold” rating and set a $14.00 target price on shares of Hewlett Packard Enterprise in a research note on Friday, October 20th. Royal Bank Of Canada reissued a “sector perform” rating and set a $15.00 target price (down previously from $20.00) on shares of Hewlett Packard Enterprise in a research note on Friday, September 1st. ValuEngine raised Hewlett Packard Enterprise from a “hold” rating to a “buy” rating in a research note on Friday, September 1st. Finally, Sanford C. Bernstein reissued an “outperform” rating and set a $18.00 target price on shares of Hewlett Packard Enterprise in a research note on Monday, September 18th. Three equities research analysts have rated the stock with a sell rating, twenty-one have issued a hold rating, eleven have issued a buy rating and one has issued a strong buy rating to the company’s stock. The company currently has an average rating of “Hold” and an average price target of $17.79.

ILLEGAL ACTIVITY WARNING: This article was first posted by TheOlympiaReport and is the sole property of of TheOlympiaReport. If you are reading this article on another domain, it was stolen and reposted in violation of US and international copyright & trademark law. The legal version of this article can be read at https://theolympiareport.com/2017/10/31/hewlett-packard-enterprise-company-hpe-shares-bought-by-aperio-group-llc.html.

Hewlett Packard Enterprise Company (NYSE:HPE) opened at 13.98 on Tuesday. The company has a market capitalization of $22.64 billion, a PE ratio of 194.17 and a beta of 2.72. The firm’s 50 day moving average price is $14.30 and its 200-day moving average price is $13.89. Hewlett Packard Enterprise Company has a 12-month low of $12.97 and a 12-month high of $19.16.

Hewlett Packard Enterprise (NYSE:HPE) last issued its quarterly earnings data on Tuesday, September 5th. The technology company reported $0.30 earnings per share for the quarter, topping the Zacks’ consensus estimate of $0.26 by $0.04. Hewlett Packard Enterprise had a return on equity of 9.04% and a net margin of 0.29%. The firm had revenue of $8.21 billion for the quarter, compared to analyst estimates of $7.49 billion. During the same period last year, the company earned $0.49 EPS. The business’s quarterly revenue was up 2.5% compared to the same quarter last year. On average, equities analysts anticipate that Hewlett Packard Enterprise Company will post $1.38 earnings per share for the current fiscal year.

Hewlett Packard Enterprise announced that its board has authorized a stock buyback plan on Wednesday, October 18th that permits the company to buyback $5.00 billion in outstanding shares. This buyback authorization permits the technology company to purchase shares of its stock through open market purchases. Stock buyback plans are typically a sign that the company’s leadership believes its stock is undervalued.

Hewlett Packard Enterprise Company Profile

Hewlett Packard Enterprise Company is a provider of technology solutions. The Company’s segments include: Enterprise Group, Software, Financial Services and Corporate Investments. The Enterprise Group segment provides its customers with the technology infrastructure they need to optimize traditional information technology (IT).

Want to see what other hedge funds are holding HPE? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Hewlett Packard Enterprise Company (NYSE:HPE).

Institutional Ownership by Quarter for Hewlett Packard Enterprise (NYSE:HPE)

Receive News & Ratings for Hewlett Packard Enterprise Company Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Hewlett Packard Enterprise Company and related companies with Analyst Ratings Network's FREE daily email newsletter.