Axa S.A. Buys 16,467 Shares of Dell Technologies Inc. (NYSE:DELL)

Axa S.A. raised its position in shares of Dell Technologies Inc. (NYSE:DELL - Free Report) by 161.8% during the 4th quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 26,644 shares of the technology company's stock after acquiring an additional 16,467 shares during the quarter. Axa S.A.'s holdings in Dell Technologies were worth $3,070,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently made changes to their positions in the company. Vanguard Group Inc. grew its stake in Dell Technologies by 10.5% in the fourth quarter. Vanguard Group Inc. now owns 27,960,560 shares of the technology company's stock worth $3,222,175,000 after purchasing an additional 2,662,407 shares during the period. Capital World Investors increased its stake in shares of Dell Technologies by 0.6% in the 4th quarter. Capital World Investors now owns 12,460,949 shares of the technology company's stock worth $1,436,000,000 after acquiring an additional 72,271 shares in the last quarter. Geode Capital Management LLC lifted its position in Dell Technologies by 8.7% during the 4th quarter. Geode Capital Management LLC now owns 6,870,042 shares of the technology company's stock valued at $789,680,000 after acquiring an additional 552,213 shares during the period. Norges Bank bought a new stake in Dell Technologies during the fourth quarter worth about $455,029,000. Finally, Northern Trust Corp grew its holdings in Dell Technologies by 16.1% in the fourth quarter. Northern Trust Corp now owns 3,317,258 shares of the technology company's stock worth $382,281,000 after purchasing an additional 460,483 shares during the period. Hedge funds and other institutional investors own 76.37% of the company's stock.

Insider Buying and Selling

In other Dell Technologies news, CAO Brunilda Rios sold 926 shares of the business's stock in a transaction on Friday, March 28th. The shares were sold at an average price of $93.29, for a total value of $86,386.54. Following the sale, the chief accounting officer now owns 37,948 shares in the company, valued at $3,540,168.92. The trade was a 2.38 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. 46.70% of the stock is owned by insiders.

Analyst Ratings Changes

DELL has been the topic of a number of analyst reports. Loop Capital dropped their price target on Dell Technologies from $185.00 to $130.00 and set a "buy" rating on the stock in a research report on Tuesday, March 4th. JPMorgan Chase & Co. cut their target price on Dell Technologies from $150.00 to $108.00 and set an "overweight" rating on the stock in a research note on Thursday, April 17th. UBS Group dropped their price target on shares of Dell Technologies from $158.00 to $150.00 and set a "buy" rating on the stock in a research note on Friday, February 28th. Wells Fargo & Company reduced their price objective on shares of Dell Technologies from $160.00 to $150.00 and set an "overweight" rating for the company in a research note on Friday, February 28th. Finally, Morgan Stanley cut their price target on shares of Dell Technologies from $154.00 to $128.00 and set an "overweight" rating on the stock in a report on Thursday, February 13th. Three investment analysts have rated the stock with a hold rating and sixteen have given a buy rating to the company's stock. According to MarketBeat.com, the stock currently has an average rating of "Moderate Buy" and a consensus target price of $134.65.

Dell Technologies Price Performance

Shares of DELL stock opened at $95.79 on Thursday. Dell Technologies Inc. has a one year low of $66.25 and a one year high of $179.70. The company has a market capitalization of $66.85 billion, a price-to-earnings ratio of 16.92, a PEG ratio of 1.10 and a beta of 0.99. The company's fifty day moving average price is $90.11 and its 200-day moving average price is $109.45.

Dell Technologies Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, May 2nd. Investors of record on Tuesday, April 22nd were given a dividend of $0.525 per share. The ex-dividend date was Tuesday, April 22nd. This represents a $2.10 annualized dividend and a dividend yield of 2.19%. This is a boost from Dell Technologies's previous quarterly dividend of $0.45. Dell Technologies's dividend payout ratio (DPR) is currently 33.76%.

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).

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