Sunflower Bank N.A. Has $257,000 Stake in Hewlett Packard Enterprise (NYSE:HPE)

Sunflower Bank N.A. increased its stake in shares of Hewlett Packard Enterprise (NYSE:HPE) by 17.0% in the 4th quarter, HoldingsChannel.com reports. The firm owned 12,038 shares of the technology company’s stock after buying an additional 1,750 shares during the quarter. Sunflower Bank N.A.’s holdings in Hewlett Packard Enterprise were worth $257,000 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 the stock. Pacer Advisors Inc. boosted its stake in shares of Hewlett Packard Enterprise by 14,953.2% during the 2nd quarter. Pacer Advisors Inc. now owns 23,189,645 shares of the technology company’s stock valued at $490,925,000 after buying an additional 23,035,594 shares during the period. Marshall Wace LLP grew its stake in Hewlett Packard Enterprise by 3,228.2% in the second quarter. Marshall Wace LLP now owns 8,825,249 shares of the technology company’s stock valued at $186,831,000 after purchasing an additional 8,560,086 shares in the last quarter. Eagle Asset Management Inc. increased its position in Hewlett Packard Enterprise by 3,537.0% in the 3rd quarter. Eagle Asset Management Inc. now owns 5,788,154 shares of the technology company’s stock worth $127,571,000 after purchasing an additional 5,629,006 shares during the last quarter. Mizuho Markets Americas LLC purchased a new stake in shares of Hewlett Packard Enterprise during the 3rd quarter worth about $105,185,000. Finally, Raymond James & Associates lifted its holdings in shares of Hewlett Packard Enterprise by 92.5% during the 3rd quarter. Raymond James & Associates now owns 4,404,520 shares of the technology company’s stock valued at $90,116,000 after buying an additional 2,116,824 shares during the last quarter. 80.78% of the stock is owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

HPE has been the topic of several recent research reports. Susquehanna reaffirmed a “neutral” rating and set a $20.00 price objective on shares of Hewlett Packard Enterprise in a research report on Friday, October 11th. Stifel Nicolaus raised their price target on shares of Hewlett Packard Enterprise from $22.00 to $25.00 and gave the company a “buy” rating in a report on Friday, December 6th. Bank of America upgraded shares of Hewlett Packard Enterprise from a “neutral” rating to a “buy” rating and upped their price objective for the stock from $21.00 to $24.00 in a report on Tuesday, September 17th. StockNews.com lowered Hewlett Packard Enterprise from a “strong-buy” rating to a “buy” rating in a report on Friday, January 3rd. Finally, Morgan Stanley upgraded Hewlett Packard Enterprise from an “equal weight” rating to an “overweight” rating and upped their price target for the stock from $23.00 to $28.00 in a research note on Thursday, December 5th. Six research analysts have rated the stock with a hold rating, eight have given a buy rating and one has given a strong buy rating to the stock. According to MarketBeat, Hewlett Packard Enterprise currently has an average rating of “Moderate Buy” and an average price target of $24.00.

Insider Buying and Selling at Hewlett Packard Enterprise

In related news, EVP John F. Schultz sold 262,818 shares of the firm’s stock in a transaction that occurred on Wednesday, December 11th. The stock was sold at an average price of $21.62, for a total transaction of $5,682,125.16. Following the completion of the transaction, the executive vice president now owns 270,430 shares in the company, valued at $5,846,696.60. This trade represents a 49.29 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Also, SVP Jeremy Cox sold 7,771 shares of the company’s stock in a transaction on Friday, December 6th. The shares were sold at an average price of $23.00, for a total value of $178,733.00. Following the completion of the sale, the senior vice president now owns 61,735 shares in the company, valued at $1,419,905. This trade represents a 11.18 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last ninety days, insiders have sold 332,166 shares of company stock valued at $7,300,629. 0.40% of the stock is currently owned by corporate insiders.

Hewlett Packard Enterprise Stock Performance

Hewlett Packard Enterprise stock traded down $0.09 on Monday, hitting $21.99. The company’s stock had a trading volume of 14,941,039 shares, compared to its average volume of 15,693,802. Hewlett Packard Enterprise has a one year low of $14.47 and a one year high of $24.24. The firm has a market cap of $28.92 billion, a P/E ratio of 11.57, a price-to-earnings-growth ratio of 2.02 and a beta of 1.20. The company has a quick ratio of 0.99, a current ratio of 1.29 and a debt-to-equity ratio of 0.54. The company has a fifty day moving average price of $21.66 and a 200-day moving average price of $20.25.

Hewlett Packard Enterprise Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Thursday, January 16th. Shareholders of record on Friday, December 20th will be paid a dividend of $0.13 per share. This represents a $0.52 dividend on an annualized basis and a yield of 2.36%. The ex-dividend date of this dividend is Friday, December 20th. Hewlett Packard Enterprise’s dividend payout ratio is 27.37%.

About Hewlett Packard Enterprise

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.