5,000 Shares in Dell Technologies Inc. (NYSE:DELL) Acquired by Brevan Howard Capital Management LP

Brevan Howard Capital Management LP bought a new stake in Dell Technologies Inc. (NYSE:DELL - Free Report) during the fourth quarter, according to its most recent disclosure with the SEC. The institutional investor bought 5,000 shares of the technology company's stock, valued at approximately $576,000.

A number of other institutional investors and hedge funds also recently modified their holdings of the company. Bellwether Advisors LLC bought a new position in Dell Technologies in the fourth quarter valued at approximately $25,000. Vision Financial Markets LLC bought a new stake in shares of Dell Technologies in the 4th quarter valued at about $26,000. Lee Danner & Bass Inc. acquired a new position in Dell Technologies in the fourth quarter valued at $26,000. Byrne Asset Management LLC acquired a new position in Dell Technologies in the fourth quarter valued at $28,000. Finally, Stonebridge Financial Group LLC acquired a new position in shares of Dell Technologies during the fourth quarter valued at about $37,000. 76.37% of the stock is owned by institutional investors.

Dell Technologies Price Performance

Shares of DELL traded up $4.43 during midday trading on Tuesday, hitting $107.85. The stock had a trading volume of 7,052,611 shares, compared to its average volume of 10,428,847. The stock's 50 day moving average is $90.28 and its 200 day moving average is $108.79. The firm has a market cap of $75.26 billion, a PE ratio of 19.05, a price-to-earnings-growth ratio of 1.10 and a beta of 0.99. Dell Technologies Inc. has a 1 year low of $66.25 and a 1 year high of $179.70.

Dell Technologies Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, May 2nd. Stockholders of record on Tuesday, April 22nd were issued a $0.525 dividend. This represents a $2.10 annualized dividend and a dividend yield of 1.95%. The ex-dividend date was Tuesday, April 22nd. This is a positive change from Dell Technologies's previous quarterly dividend of $0.45. Dell Technologies's dividend payout ratio (DPR) is 33.76%.

Insider Transactions at Dell Technologies

In other Dell Technologies news, CAO Brunilda Rios sold 926 shares of the firm's stock in a transaction dated Friday, March 28th. The shares were 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 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 available at this hyperlink. Company insiders own 46.70% of the company's stock.

Analyst Upgrades and Downgrades

A number of equities research analysts recently weighed in on DELL shares. Bank of America lowered their target price on shares of Dell Technologies from $155.00 to $150.00 and set a "buy" rating on the stock in a report on Tuesday, February 18th. Citigroup cut their price objective on shares of Dell Technologies from $145.00 to $105.00 and set a "buy" rating for the company in a report on Monday, April 14th. Barclays raised their price target on shares of Dell Technologies from $115.00 to $116.00 and gave the company an "equal weight" rating in a report on Friday, February 28th. TD Cowen lowered their price objective on shares of Dell Technologies from $128.00 to $120.00 and set a "hold" rating on the stock in a research report on Friday, February 28th. Finally, JPMorgan Chase & Co. lowered their price objective on shares of Dell Technologies from $150.00 to $108.00 and set an "overweight" rating on the stock in a research report on Thursday, April 17th. Three equities research analysts have rated the stock with a hold rating and sixteen have assigned a buy rating to the company's stock. According to MarketBeat, Dell Technologies has an average rating of "Moderate Buy" and a consensus price target of $133.71.

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).