Published: Mon, April 16, 2018
Business | By Tara Barton

Most Active Volume Stock: Hewlett Packard Enterprise Company (NYSE:HPE)


Sell-side analyst recommendations point to a short term price target of $18.61 on the company shares. Following the transaction, the director now owns 2,167,693 shares of the company's stock, valued at approximately $40,319,089.80. The transaction was disclosed in a filing with the SEC, which is accessible through this link.

Hewlett Packard Enterprise Company (HPE) belonging to the Technology sector has surged 0.99% and closed its last trading session at $17.41.

Analysts Mean Recommendation/Target Price/Volume: The stock exchanged hands with 14140848 numbers of shares contrast to its average daily volume of 13.12M shares. The company's distance from 52-week high price is -10.6 percent and while the current price is 37.11 percent from 52-week low price. The stock's price to sales ratio for trailing twelve months is 0.92 and price to book ratio for the most recent quarter is 1.11, whereas price to cash per share for the most recent quarter are 2.39. The company has a debt-to-equity ratio of 0.42, a quick ratio of 0.93 and a current ratio of 1.06. The company is estimating to achieve earnings per share (EPS) growth of -86.00% in this year and the earnings per share (EPS) growth expected to be 5.39% in the next year. Hewlett Packard Enterprise had a return on equity of 7.40% and a net margin of 4.52%. As a result, the company has an (Earning Per Shares) EPS growth of 5.39 percent for the coming year.

Over the past five trading sessions shares of Hewlett Packard Enterprise Company (NYSE:HPE) are 1.22%; -7.79% for the month; 14.61% for the last quarter; 16.38% for the past six-months; and 23.46% for the last 12 months. Loop Capital upgraded Hewlett Packard Enterprise from a "hold" rating to a "buy" rating in a research note on Tuesday, February 20th. This repurchase authorization allows the technology company to purchase shares of its stock through open market purchases. Market capitalization is just a fancy declare for a comprehensible concept: it is the market value of a company's outstanding shares.

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, April 5th. Stockholders of record on Wednesday, June 13th will be given a dividend of $0.1125 per share.

The broad-based S&P 500 rose 21.80 points (0.83 per cent) to 2,663.99, while the tech-rich Nasdaq Composite Index advanced 71.22 points (1.01 per cent) to 7,140.25. This is an increase from Hewlett Packard Enterprise's previous quarterly dividend of $0.08. Hewlett Packard Enterprise's dividend payout ratio is presently 14.21%.

Hanover Insurance Group (NYSE:THG) Earns Daily News Impact Rating of 0.20
After $2.00 EPS report last quarter, Wall Street now sees -6.50 % negative EPS growth of The Hanover Insurance Group, Inc. Finally, Pzena Investment Management LLC boosted its holdings in Hanover Insurance Group by 0.8% during the 4th quarter.

Analysts mean Recommendation on a stock is noted at 2.60. It has been assigned a low target price of $35 and a high target price of $50. UBS restated a "neutral" rating and issued a $19.00 price target (up previously from $15.00) on shares of Hewlett Packard Enterprise in a research note on Friday, February 23rd. The average 1-year price objective among brokers that have covered the stock in the last year is $17.54. Finally, Deutsche Bank boosted their price target on Hewlett Packard Enterprise from $19.00 to $22.00 and gave the stock a "buy" rating in a research note on Friday, February 23rd. Hewlett Packard Enterprise presently has a consensus rating of "Hold" and a consensus price target of $17.38. Insiders have sold 5,019,755 shares of company stock worth $89,445,408 in the last quarter.

Hewlett Packard Enterprise Company (NYSE:HPE) has seen its SMA20 which is now -2.21%. Wells Fargo & Company MN now owns 4,936,759 shares of the technology company's stock worth $72,620,000 after buying an additional 68,373 shares in the last quarter. Finally, KCS Wealth Advisory purchased a new position in shares of Hewlett Packard Enterprise during the fourth quarter worth $161,000. Bronfman E.L. Rothschild L.P. raised its stake in Hewlett Packard Enterprise by 10.3% in the third quarter.

The stock has P/B of 1.16. Institutional investors and hedge funds own 83.00% of the company's stock.

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Geodrill Limited, together with its subsidiaries, provides exploration and development drilling services to various mining companies with exploration, development, and production activities in West Africa and the African Copper belt. The Company's segments include: Enterprise Group, Software, Financial Services and Corporate Investments.

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