Dell Technologies Inc. (NYSE:DELL) Position Trimmed by Banco Bilbao Vizcaya Argentaria S.A.

Banco Bilbao Vizcaya Argentaria S.A. reduced its position in Dell Technologies Inc. (NYSE:DELL - Free Report) by 34.0% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 36,442 shares of the technology company's stock after selling 18,753 shares during the quarter. Banco Bilbao Vizcaya Argentaria S.A.'s holdings in Dell Technologies were worth $4,201,000 at the end of the most recent quarter.

A number of other large investors also recently bought and sold shares of DELL. Norges Bank acquired a new stake in shares of Dell Technologies during the 4th quarter worth approximately $455,029,000. Vanguard Group Inc. grew its stake in Dell Technologies by 10.5% during the 4th quarter. Vanguard Group Inc. now owns 27,960,560 shares of the technology company's stock worth $3,222,175,000 after buying an additional 2,662,407 shares during the last quarter. Swedbank AB increased its position in Dell Technologies by 803.6% in the fourth quarter. Swedbank AB now owns 1,901,112 shares of the technology company's stock worth $219,084,000 after buying an additional 1,690,709 shares during the period. Bank of New York Mellon Corp lifted its stake in Dell Technologies by 63.6% in the fourth quarter. Bank of New York Mellon Corp now owns 2,931,240 shares of the technology company's stock valued at $337,796,000 after buying an additional 1,139,318 shares during the last quarter. Finally, Franklin Resources Inc. boosted its holdings in shares of Dell Technologies by 5,047.4% during the third quarter. Franklin Resources Inc. now owns 1,021,971 shares of the technology company's stock valued at $131,170,000 after acquiring an additional 1,002,117 shares during the period. Institutional investors own 76.37% of the company's stock.

Wall Street Analyst Weigh In

DELL has been the topic of a number of analyst reports. TD Cowen dropped their price objective on shares of Dell Technologies from $128.00 to $120.00 and set a "hold" rating on the stock in a report on Friday, February 28th. OTR Global raised Dell Technologies from a "negative" rating to a "positive" rating in a report on Wednesday, February 12th. UBS Group reduced their price objective on Dell Technologies from $158.00 to $150.00 and set a "buy" rating for the company in a research report on Friday, February 28th. The Goldman Sachs Group lowered their target price on Dell Technologies from $165.00 to $145.00 and set a "buy" rating on the stock in a research report on Monday, March 3rd. Finally, Loop Capital reduced their price target on Dell Technologies from $185.00 to $130.00 and set a "buy" rating for the company in a research report on Tuesday, March 4th. Three research analysts have rated the stock with a hold rating and sixteen have assigned a buy rating to the stock. Based on data from MarketBeat, Dell Technologies currently has an average rating of "Moderate Buy" and an average target price of $134.65.

Dell Technologies Trading Down 3.4 %

Shares of Dell Technologies stock traded down $3.17 on Wednesday, reaching $90.62. 4,403,409 shares of the company were exchanged, compared to its average volume of 10,358,983. Dell Technologies Inc. has a fifty-two week low of $66.25 and a fifty-two week high of $179.70. The firm has a market capitalization of $63.23 billion, a price-to-earnings ratio of 15.95, a price-to-earnings-growth ratio of 1.10 and a beta of 0.94. The stock has a fifty day moving average price of $92.23 and a 200-day moving average price of $110.72.

Dell Technologies Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Friday, May 2nd. Shareholders of record on Tuesday, April 22nd will be paid a dividend of $0.525 per share. The ex-dividend date of this dividend is Tuesday, April 22nd. This is a positive change from Dell Technologies's previous quarterly dividend of $0.45. This represents a $2.10 dividend on an annualized basis and a yield of 2.32%. Dell Technologies's dividend payout ratio is currently 33.76%.

Insiders Place Their Bets

In related news, CAO Brunilda Rios sold 926 shares of the firm's stock in a transaction that occurred 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 completion of the transaction, the chief accounting officer now owns 37,948 shares of the company's stock, valued at approximately $3,540,168.92. This trade represents a 2.38 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Corporate insiders own 46.70% of the company's stock.

Dell Technologies 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).