Barclays Capital Indicates Potential 19.99% Increase In Shares Of Hewlett-Packard


DnB Asset Management AS owned about 0.17% of Hewlett Packard Enterprise worth $66,766,000 at the end of the most recent quarter. Finally, Wells Fargo & Co reiterated a "market perform" rating on shares of Hewlett Packard Enterprise in a research note on Wednesday, March 8th.

A number of other institutional investors have also recently modified their holdings of HPE. Reilly Financial Advisors LLC increased its position in Hewlett Packard Enterprise by 5.3% in the first quarter. First National Bank & Trust Co. of Newtown boosted its stake in shares of Hewlett Packard Enterprise by 0.3% in the first quarter. It would take about 2.42 days to cover all short positions. Finally, Capstone Asset Management Co. boosted its stake in shares of Hewlett Packard Enterprise by 1.7% in the first quarter. FBN Securities restated a "buy" rating on shares of Hewlett Packard Enterprise in a research note on Wednesday, January 18th. The last session's volume of 7.36 million shares was lower than its average volume of 7.97 million shares.

Hewlett Packard Enterprise (NYSE:HPE) opened at 18.16 on Thursday.

The 52 week high of Hewlett Packard Enterprise's shares is 24.88 whilst the 52 week low for shares in the company is 15.38. HPE has P/E (Price to Earnings ttm) value of 9.83, Forward P/E of 13.38, P/C (Price to cash per share) of 2.35 and Price to Free Cash Flow (P/FCF) value of 0. Company's distance from 20 day simple moving average is -11.62% and distance from 50-Day simple moving average is -18.32%. Hewlett Packard Enterprise had a return on equity of 10.43% and a net margin of 6.31%. The company has market capitalization of $30.02B.

Maximum and minimum EPS estimate for the current quarter is projected at $0.42 and $0.33, respectively, according to 25 analysts. Hewlett Packard Enterprise's revenue was down 10.4% compared to the same quarter previous year. Stockholders of record on Wednesday, June 14th will be paid a $0.065 dividend. This represents a $0.26 dividend on an annualized basis and a yield of 1.43%.

Now the P/E of Hewlett Packard Enterprise Company stands at 9.83.

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Basically, a price target is an individual analyst's projection on the future price of a stock.

On Tuesday Oppenheimer indicated its target price on Hewlett Packard Enterprise (NYSE:HPE) shares issuing the company with a "Buy" rating.

Barclays Capital gave shares of Hewlett-Packard a price target of 22 indicating a potential increase of 19.99% from Hewlett-Packard's current price of 18.34. Stock has got OUTPERFORM rating from 4 analysts of Thomson Reuters, 17 analysts given HOLD rating to the stock and 0 given UNDERPERFORM rating. The company's stock had a trading volume of 3,926,778 shares. Also, EVP John F. Schultz sold 17,176 shares of the business's stock in a transaction dated Friday, March 31st. The shares were sold at an average price of $22.41, for a total value of $18,629,679.51. The disclosure for this sale can be found here. A total of 2.23 million shares exchanged hands as contrast to its average trading volume of 1.61 million shares.

The company is expected to report earnings of $0.36 a share for the next quarter. The Company's segments include: Enterprise Group, Software, Financial Services and Corporate Investments.

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