Hewlett Packard Enterprise (NYSE:HPE) Earns Daily Media Sentiment Rating of 0.16

Hewlett Packard Enterprise Company (NYSE:HPE) went up to recover about 10.77% since recording its record low price of $15.46.

A number of research firms have commented on HPE. The shares were sold at an average price of $17.82, for a total value of $6,943,883.76. Tigress Financial began coverage on shares of Hewlett Packard Enterprise in a report on Monday, April 17th. The firm earned "Outperform" rating on Tuesday, November 3 by Wells Fargo. Maxim Group maintained Hewlett Packard Enterprise Co (NYSE:HPE) on Monday, December 5 with "Hold" rating. Zacks Investment Research upgraded shares of Hewlett Packard Enterprise from a "strong sell" rating to a "hold" rating in a research report on Monday, June 5th. Stifel Nicolaus reissued a "hold" rating and issued a $20.00 price objective on shares of Hewlett Packard Enterprise in a research note on Friday, May 26th. It has been assigned a low target price of $15 and a high target price of $19.

COPYRIGHT VIOLATION WARNING: This news story was posted by Sports Perspectives and is the property of of Sports Perspectives. The legal version of this news story can be viewed at https://www.baseball-news-blog.com/2017/08/11/hewlett-packard-enterprise-company-hpe-receives-21-70-consensus-target-price-from-analysts-updated-updated.html. Finally, Jefferies Group LLC restated a "buy" rating and set a $22.00 target price on shares of Hewlett Packard Enterprise in a research report on Saturday, July 22nd. The stock grabbed 82 new institutional investments totaling 17,562,856 shares while 147 institutional investors sold out their entire positions totaling 36,939,360 shares. Moreover, Prospector Partners Llc has 1.31% invested in the company for 136,400 shares. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, CEO Margaret C. Whitman sold 138,401 shares of the company's stock in a transaction that occurred on Wednesday, August 2nd. Following the completion of the transaction, the chief executive officer now owns 865,021 shares of the company's stock, valued at approximately $15,051,365.40. The disclosure for this sale can be found here. News about a company's financial status, products, or plans, whether positive or negative, will typically result in a temporary increase in the trade volume of its stock.

Dollar edges higher but outlook wary
ENERGY: Benchmark U.S. crude added 28 cents to $49.45 per barrel in electronic trading on the New York Mercantile Exchange. They plunged 2 percent on Thursday on fears of slowing demand and lingering concerns over a global oversupply.

A number of other analysts have also recently commented on the stock. On average, equities research analysts anticipate that Hewlett Packard Enterprise will post $1.45 earnings per share for the current year. The current consensus recommendation provided by covering analysts is 2.40. Finally, Harfst & Associates Inc. purchased a new stake in shares of Hewlett Packard Enterprise during the first quarter worth approximately $127,000. Dodge & Cox now owns 238,615,401 shares of the technology company's stock worth $3,958,630,000 after buying an additional 25,852,541 shares in the last quarter.

Hotchkis & Wiley Capital Management LLC raised its investment in Hewlett Packard Enterprise Comp by 16,592,308 shares in the last quarter. Poplar Forest Capital LLC augmented its stake by buying 444,768 shares an increase of 19.1%. Laurion Capital Management Lp bolstered its position by buying 528,625 shares an increase of 689.8% from 03/31/2017 to 06/30/2017. James Investment Research Inc. now owns 5,580 shares of the technology company's stock worth $132,000 after buying an additional 450 shares during the last quarter. Hewlett Packard Enterprise had a net margin of 4.85% and a return on equity of 9.80%. Analysts pegging the company with a rating of 3 would be indicating a Hold recommendation. If the $17.91 price target is reached, the company will be worth $1.14B more. 5,279,450 shares of the company traded hands. The stock has a market cap of $28.42 billion, a PE ratio of 13.12 and a beta of 2.74. The stock stands almost -10.65% off versus the 52-week high and 10.77% away from the 52-week low. Sterne Agee CRT initiated Hewlett Packard Enterprise Co (NYSE:HPE) on Thursday, November 5 with "Neutral" rating. The firm had revenue of $9.90 billion during the quarter, compared to the consensus estimate of $9.75 billion. During the same quarter in the prior year, the business earned $0.42 earnings per share. The company's revenue for the quarter was down 22.1% on a year-over-year basis.

Several analysts have released their opinion on Hewlett Packard Enterprise Company (NYSE:HPE), with 4 analysts believing it is a strong buy. Stockholders of record on Wednesday, September 13th will be issued a $0.065 dividend.

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