Capital Analysts LLC Trims Stake in Dell Technologies Inc. (NYSE:DELL)

Capital Analysts LLC lowered its stake in shares of Dell Technologies Inc. (NYSE:DELL) by 18.8% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 2,089 shares of the technology company’s stock after selling 483 shares during the quarter. Capital Analysts LLC’s holdings in Dell Technologies were worth $160,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds have also bought and sold shares of the company. Anchor Investment Management LLC bought a new stake in Dell Technologies during the fourth quarter worth about $26,000. Pinnacle Bancorp Inc. boosted its stake in Dell Technologies by 96.9% during the fourth quarter. Pinnacle Bancorp Inc. now owns 382 shares of the technology company’s stock worth $29,000 after acquiring an additional 188 shares in the last quarter. Farmers & Merchants Trust Co of Chambersburg PA boosted its stake in Dell Technologies by 454.5% during the fourth quarter. Farmers & Merchants Trust Co of Chambersburg PA now owns 488 shares of the technology company’s stock worth $37,000 after acquiring an additional 400 shares in the last quarter. Brown Brothers Harriman & Co. bought a new position in shares of Dell Technologies in the first quarter worth approximately $27,000. Finally, Castleview Partners LLC bought a new position in shares of Dell Technologies in the third quarter worth approximately $39,000. Institutional investors own 38.10% of the company’s stock.

Dell Technologies Trading Down 1.0 %

Shares of DELL stock opened at $118.38 on Friday. Dell Technologies Inc. has a 12 month low of $41.47 and a 12 month high of $136.16. The stock has a market cap of $84.50 billion, a P/E ratio of 27.09, a P/E/G ratio of 1.53 and a beta of 0.92. The company has a 50 day simple moving average of $108.37 and a two-hundred day simple moving average of $85.89.

Dell Technologies (NYSE:DELL) last announced its earnings results on Thursday, February 29th. The technology company reported $2.20 EPS for the quarter, beating analysts’ consensus estimates of $1.73 by $0.47. Dell Technologies had a net margin of 3.63% and a negative return on equity of 172.07%. The business had revenue of $22.32 billion during the quarter, compared to analysts’ expectations of $22.17 billion. During the same period in the prior year, the company earned $1.55 earnings per share. The firm’s revenue was down 10.9% on a year-over-year basis. As a group, equities analysts forecast that Dell Technologies Inc. will post 6.58 earnings per share for the current year.

Dell Technologies Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Friday, May 3rd. Shareholders of record on Tuesday, April 23rd will be issued a dividend of $0.445 per share. This is a boost from Dell Technologies’s previous quarterly dividend of $0.37. This represents a $1.78 dividend on an annualized basis and a yield of 1.50%. The ex-dividend date is Monday, April 22nd. Dell Technologies’s dividend payout ratio is currently 33.87%.

Insider Buying and Selling at Dell Technologies

In other news, Director V (Gp) L.L.C. Slta sold 373,375 shares of the stock in a transaction on Monday, March 4th. The shares were sold at an average price of $126.32, for a total value of $47,164,730.00. Following the completion of the sale, the director now directly owns 408,694 shares of the company’s stock, valued at $51,626,226.08. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. In other news, Director V (Gp) L.L.C. Slta sold 373,375 shares of the stock in a transaction on Monday, March 4th. The shares were sold at an average price of $126.32, for a total value of $47,164,730.00. Following the completion of the sale, the director now directly owns 408,694 shares of the company’s stock, valued at $51,626,226.08. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, Director Iv (Gp) L.L.C. Slta sold 42,545 shares of the stock in a transaction on Thursday, April 4th. The stock was sold at an average price of $134.37, for a total transaction of $5,716,771.65. Following the completion of the sale, the director now directly owns 535,816 shares of the company’s stock, valued at $71,997,595.92. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 6,382,204 shares of company stock valued at $718,452,037. Insiders own 48.60% of the company’s stock.

Analysts Set New Price Targets

DELL has been the topic of several analyst reports. TD Cowen upped their target price on shares of Dell Technologies from $75.00 to $105.00 and gave the stock a “market perform” rating in a research note on Friday, March 1st. Barclays upped their target price on shares of Dell Technologies from $53.00 to $94.00 and gave the stock an “underweight” rating in a research note on Friday, March 1st. UBS Group upped their target price on shares of Dell Technologies from $99.00 to $113.00 and gave the stock a “buy” rating in a research note on Friday, March 1st. The Goldman Sachs Group upped their target price on shares of Dell Technologies from $87.00 to $129.00 and gave the stock a “buy” rating in a research note on Monday, March 4th. Finally, Morgan Stanley boosted their price objective on shares of Dell Technologies from $100.00 to $128.00 and gave the company an “overweight” rating in a report on Friday, March 1st. One research analyst has rated the stock with a sell rating, one has given a hold rating and twelve have given a buy rating to the company. According to MarketBeat.com, Dell Technologies currently has a consensus rating of “Moderate Buy” and a consensus target price of $102.88.

Dell Technologies Company Profile

Dell Technologies Inc designs, develops, manufactures, markets, sells, and supports various comprehensive and integrated solutions, products, and services in the Americas, Europe, the Middle East, Asia, and internationally. The company operates through two segments, Infrastructure Solutions Group (ISG) and Client Solutions Group (CSG).