5,232 Shares in Dell Technologies Inc. (NYSE:DELL) Acquired by Blue Capital Inc.

Blue Capital Inc. purchased a new position in Dell Technologies Inc. (NYSE:DELL - Free Report) during the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The fund purchased 5,232 shares of the technology company's stock, valued at approximately $603,000.

Other institutional investors and hedge funds also recently bought and sold shares of the company. Norges Bank acquired a new stake in shares of Dell Technologies during the 4th quarter valued at $455,029,000. Vanguard Group Inc. raised its holdings in shares of Dell Technologies by 10.5% during the fourth quarter. Vanguard Group Inc. now owns 27,960,560 shares of the technology company's stock worth $3,222,175,000 after acquiring an additional 2,662,407 shares in the last quarter. Swedbank AB boosted its position in Dell Technologies by 803.6% during the fourth quarter. Swedbank AB now owns 1,901,112 shares of the technology company's stock valued at $219,084,000 after purchasing an additional 1,690,709 shares during the last quarter. Bank of New York Mellon Corp grew 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 purchasing an additional 1,139,318 shares in the last quarter. Finally, Ameriprise Financial Inc. increased its position in Dell Technologies by 224.4% in the 4th quarter. Ameriprise Financial Inc. now owns 1,564,196 shares of the technology company's stock worth $180,257,000 after purchasing an additional 1,082,087 shares during the last quarter. 76.37% of the stock is owned by institutional investors and hedge funds.

Insider Buying and Selling at Dell Technologies

In related news, CAO Brunilda Rios sold 926 shares of Dell Technologies stock in a transaction that occurred on Friday, March 28th. The stock was sold at an average price of $93.29, for a total transaction of $86,386.54. Following the transaction, the chief accounting officer now owns 37,948 shares of the company's stock, valued at $3,540,168.92. The trade was a 2.38 % decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Insiders own 46.70% of the company's stock.

Wall Street Analyst Weigh In

DELL has been the subject of several recent research reports. TD Cowen decreased their target price on shares of Dell Technologies from $128.00 to $120.00 and set a "hold" rating for the company in a research report on Friday, February 28th. Wells Fargo & Company lowered their target price on shares of Dell Technologies from $160.00 to $150.00 and set an "overweight" rating on the stock in a research report on Friday, February 28th. Citigroup reduced their price target on Dell Technologies from $145.00 to $105.00 and set a "buy" rating for the company in a research report on Monday, April 14th. UBS Group decreased their price target on Dell Technologies from $158.00 to $150.00 and set a "buy" rating for the company in a research note on Friday, February 28th. Finally, Evercore ISI reduced their target price on Dell Technologies from $145.00 to $120.00 and set an "outperform" rating for the company in a report on Monday, April 28th. Three analysts have rated the stock with a hold rating and sixteen have issued a buy rating to the company. According to data from MarketBeat.com, Dell Technologies currently has a consensus rating of "Moderate Buy" and an average price target of $134.65.

Dell Technologies Stock Up 0.5 %

DELL traded up $0.44 during trading on Thursday, hitting $96.23. The company's stock had a trading volume of 4,574,281 shares, compared to its average volume of 10,412,679. The firm has a market capitalization of $67.15 billion, a P/E ratio of 17.00, a PEG ratio of 1.10 and a beta of 0.99. Dell Technologies Inc. has a twelve month low of $66.25 and a twelve month high of $179.70. The stock'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 disclosed a quarterly dividend, which was paid on Friday, May 2nd. Shareholders of record on Tuesday, April 22nd were issued a dividend of $0.525 per share. This is an increase from Dell Technologies's previous quarterly dividend of $0.45. The ex-dividend date of this dividend was Tuesday, April 22nd. This represents a $2.10 annualized dividend and a yield of 2.18%. Dell Technologies's dividend payout ratio is presently 33.76%.

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).