Stock under Consideration: Hewlett Packard Enterprise Company (NYSE:HPE)

Hedge funds and other institutional investors own 78.14% of the company's stock.

Seyrafi cut his price target on HPE stock to 25 from 26, but he maintained an outperform rating, saying "we believe that multiple negative factors hit the company all at once", including a constrained supply of needed Nand flash storage. Bronfman E.L. Rothschild L.P. now owns 4,739 shares of the company's stock worth $108,000 after buying an additional 441 shares in the last quarter. FMR LLC boosted its position in shares of Hewlett Packard Enterprise by 7.0% in the second quarter. LLC now owns 5,320 shares of the company's stock valued at $121,000 after buying an additional 5,082 shares during the last quarter. The stock is now trading 5.26% above its SMA 50 and 15.17% above its SMA 200. Latest closing price was 3.70% above its 50-day moving average and 12.84% above its 200-day moving average. The stock now has a Market Cap of $40.94B.

Shares of Hewlett Packard Enterprise Co. tumbled 8% Friday after analysts used the words "messy" and "ugly" to describe Thursday's earnings report.

Comcast Corporation (NASDAQ:CMCSA) last announced results for quarter ended on 31 Dec 2016, disclosing EPS of $0.45 The reported earnings per share topped the analyst's consensus by $0.02 with the percentage difference between estimated and actual earnings arriving at 4.70%. The revenue of the company went down by 10% if we compare to the same quarter a year back.

Adding to the day's negative sentiment was HPE cutting its earnings outlook for the year by 12 cents a share. Stockholders of record on Wednesday, March 15th will be given a dividend of $0.065 per share. Also, there are 2 buy, 0 sell and 1 strong sell ratings, collectively assigning a 2.33 average brokerage recommendation. The ex-dividend date of this dividend is Monday, March 13th. Starting today, for the next month, you can follow all Zacks' private buys and sells in real time from value to momentum.from stocks under $10 to ETF and options moves.from insider trades to companies that are about to report positive earnings surprises (we've called them with 80%+ accuracy). If you are reading this story on another publication, it was copied illegally and reposted in violation of U.S. and global trademark & copyright legislation. Hewlett Packard Enterprise Company's dividend payout ratio is now 14.21%. Analysts projected 47 cents, according to data compiled by Bloomberg.

In the duration of 12 months Hewlett Packard Enterprise's share price has increased by 70.79% to 22.84 from 13.37. Hewlett Packard Enterprise Company's dividend payout ratio is now 14.21%.

On Friday BMO Capital Markets downgraded its target for shares of Hewlett Packard Enterprise to "Market Perform" recommending a target price of 24 for investors; potentially meaning there is an increase of 5.1% from Hewlett Packard Enterprise's share price of 22.84.



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