Daiwa SB Investments Ltd. bought a new position in Hewlett Packard Enterprise during the 4th quarter worth $156,000. The company also announced it will use the benefits from the U.S. corporate tax reform to increase returns to shareholders and employee pensions. Daiwa SB Investments Ltd. acquired a new stake in shares of Hewlett Packard Enterprise in the fourth quarter worth $156,000. OLD Point Trust & Financial Services N A grew its stake in shares of Hewlett Packard Enterprise by 14.6% during the third quarter. Keybank National Association OH's holdings in Hewlett Packard Enterprise were worth $1,196,000 as of its most recent SEC filing.
HPE shares leaped $1.51, or 9.2%, to $17.92, in a 52-week trading range of $12.81 to $24.86. The company has a market cap of $10.66 Billion. The company has a debt-to-equity ratio of 0.43, a current ratio of 1.13 and a quick ratio of 1.01.
Receive Hewlett Packard Enterprise Company News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Hewlett Packard Enterprise Company with MarketBeat.com's FREE daily email newsletter. The technology company reported $0.31 EPS for the quarter, beating analysts' consensus estimates of $0.28 by $0.03.
HPE's net income jumped to $1.43 billion in the quarter ended January 31 from $267 million a year earlier on the back of a tax gain.
HPE also said it would raise its quarterly dividend payment by 50 percent, from its current payment of nearly 8 cents a share, would return $7 billion to shareholders by the end of the year through dividends and stock repurchases, and would increase its contributions to employee retirement plans due to the effects of the recently passed tax reform package.More news: Picking the Best Potential West Ham Lineup to Face Liverpool on Saturday
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Life Storage, Inc. (NYSE:LSI)'s earnings per share has been growing at a 15.6 percent rate over the past 5 year when average revenue increase was noted as 18.2 percent. Stock has got OUTPERFORM rating from 4 analyst (s) whereas last month 3 analyst (s) have given outperform rating. Shareholders of record on Wednesday, March 14th will be paid a dividend of $0.075 per share. This represents a $0.30 annualized dividend and a dividend yield of 1.82%. The ex-dividend date of this dividend is Tuesday, March 13th. Hewlett Packard Enterprise's dividend payout ratio (DPR) is 120.00%.
HPE has been the topic of a number of recent analyst reports. They set a "market perform" rating and a $15.00 price objective for the company.
Analysts expected the average price target of $2.07 that is probable to reach in coming one year period. Zacks Investment Research raised Hewlett Packard Enterprise from a "strong sell" rating to a "hold" rating in a research note on Tuesday, October 31st. Gabelli reaffirmed a "buy" rating on shares of Hewlett Packard Enterprise in a research note on Wednesday, November 22nd. Three analysts have rated the stock with a sell rating, twenty have issued a hold rating and eleven have given a buy rating to the stock. Hewlett Packard Enterprise now has an average rating of Hold and an average price target of $17.04. Following the completion of the transaction, the executive vice president now directly owns 84,629 shares of the company's stock, valued at approximately $1,184,806. The stock was sold at an average price of $15.27, for a total value of $3,697,859.55. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. Also, Director Margaret C. Whitman sold 242,165 shares of Hewlett Packard Enterprise stock in a transaction on Tuesday, February 6th. In a bear trend, sell when prices pullback up to the 20-period moving average. The disclosure for this sale can be found here.
Taking a glance at past performance, we will examine different up or down moving trends about T. The stock added 0.16% beyond one week and declined -1.94% during previous one month session. The stock revealed activity of -1.60% for the past five days.
Hewlett Packard Enterprise (NYSE:HPE) last posted its quarterly earnings results on Thursday, February 22nd. If you are viewing this article on another publication, it was illegally stolen and republished in violation of USA and worldwide copyright and trademark laws.