DekaBank Deutsche Girozentrale Trims Holdings in Hewlett Packard Enterprise by 17.3% in Q1
July 15, 2023
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Hewlett Packard Enterprise ($NYSE:HPE) is a global technology company that provides innovative products and services to its customers. It is a provider of cloud, analytics, security, mobility, and other services to customers around the world. This marks a significant shift in DekaBank’s holdings, as it had previously held a large portion of Hewlett Packard Enterprise shares.
Hewlett Packard Enterprise’s stock has been volatile over the past year as investors weigh the risks and rewards of investing in technology stocks. Despite this, the company is well-positioned to benefit from the growth of digital technologies as businesses continue to move to digital platforms in order to remain competitive.
Analysis
GoodWhale has recently conducted an analysis of HEWLETT PACKARD ENTERPRISE’s wellbeing. After careful review of their Star Chart, we have concluded that HEWLETT PACKARD ENTERPRISE is a ‘cow’ company, meaning it has a track record of paying consistent and sustainable dividends. In light of this, certain types of investors may be interested in investing in HEWLETT PACKARD ENTERPRISE. Further analysis conducted by GoodWhale also indicates that HEWLETT PACKARD ENTERPRISE has an intermediate health score of 6/10 with regard to its cashflows and debt. This suggests that the company is likely to sustain future operations in times of crisis. Additionally, HEWLETT PACKARD ENTERPRISE is strong in areas such as asset and dividend management, and profitability, but relatively weak when it comes to growth. More…
About the Company
Income Snapshot
Below shows the total revenue, net income and net margin for HPE. More…
| Total Revenues | Net Income | Net Margin |
| 29.6k | 1.02k | 7.3% |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for HPE. More…
| Operations | Investing | Financing |
| 4.35k | -3.43k | -1.37k |
Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for HPE. More…
| Total Assets | Total Liabilities | Book Value Per Share |
| 55.55k | 35.13k | 15.76 |
Key Ratios Snapshot
Some of the financial key ratios for HPE are shown below. More…
| 3Y Rev Growth | 3Y Operating Profit Growth | Operating Margin |
| 2.6% | 6.5% | 5.0% |
| FCF Margin | ROE | ROA |
| 3.7% | 4.6% | 1.7% |
Peers
The competition between Hewlett Packard Enterprise Co and its competitors, Dawning Information Industry Co Ltd, Eastern Communications Co Ltd, and Accton Technology Corp, is fierce. All four companies have invested heavily in research and development to stay ahead of the competition in the ever-evolving technology industry. Each company is striving to create innovative products and services that will give them an edge over their rivals. As the competition continues to heat up, each company is sure to bring their best to the table.
– Dawning Information Industry Co Ltd ($SHSE:603019)
Dawning Information Industry Co Ltd is a Chinese company that provides information technology and services. The company has a market cap of 32.11B as of 2022, making it one of the largest companies in its sector. Its Return on Equity (ROE) is 7.36%, which is relatively high compared to other companies in the same industry. The company’s ROE is a measure of how efficiently the company uses its resources to generate profits, and its market cap is an indication of the company’s size and value to investors.
– Eastern Communications Co Ltd ($SHSE:600776)
Eastern Communications Co Ltd is a telecommunications company that provides cable television, internet, phone services, and other related products and services. The company has a market capitalization of 9.62 billion as of 2022, which indicates its size and scope in the industry. Eastern Communications also boasts a Return on Equity of 2.34%, indicating its financial strength and ability to generate profits for its shareholders. This indicates that the company is performing well and is a promising investment opportunity.
– Accton Technology Corp ($TWSE:2345)
Accton Technology Corp is a leader in the networking and communications industry, providing innovative solutions for the global marketplace. It has a market capitalization of 141.69 billion as of 2022, reflecting its size and market position. The company’s Return on Equity (ROE) of 34.76% indicates the ability to generate profits from every dollar of shareholder equity. This is an impressive figure that demonstrates Accton’s ability to effectively utilize its assets and resources. The company has continued to develop innovative products and services for customers around the world, helping to cement its place as a leader in the industry.
Summary
Investors have been closely watching Hewlett Packard Enterprise (HPE) since the beginning of the year. In the first quarter, largest shareholder DekaBank Deutsche Girozentrale trimmed their holdings by 17.3%. This may indicate a bearish sentiment among institutional investors, given that DekaBank typically invests for long-term growth.
Other investors may have followed suit, as HPE continues to report mixed earnings results. Investors should consider doing due diligence before investing in HPE as the market outlook remains uncertain.
