Ensign Peak Advisors Inc Has $3.49 Million Stock Holdings in Dell Technologies Inc. (NYSE:DELL)

Ensign Peak Advisors Inc raised its stake in Dell Technologies Inc. (NYSE:DELL - Free Report) by 107.6% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 30,304 shares of the technology company's stock after purchasing an additional 15,709 shares during the period. Ensign Peak Advisors Inc's holdings in Dell Technologies were worth $3,492,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. Ethic Inc. increased its holdings in Dell Technologies by 70.8% in the 4th quarter. Ethic Inc. now owns 46,783 shares of the technology company's stock valued at $5,391,000 after buying an additional 19,386 shares during the period. Fiduciary Trust Co increased its stake in Dell Technologies by 116.8% in the fourth quarter. Fiduciary Trust Co now owns 67,544 shares of the technology company's stock valued at $7,784,000 after acquiring an additional 36,396 shares during the period. Cladis Investment Advisory LLC raised its position in Dell Technologies by 19.4% in the fourth quarter. Cladis Investment Advisory LLC now owns 10,780 shares of the technology company's stock worth $1,242,000 after purchasing an additional 1,748 shares in the last quarter. DZ BANK AG Deutsche Zentral Genossenschafts Bank Frankfurt am Main lifted its stake in Dell Technologies by 110.1% during the fourth quarter. DZ BANK AG Deutsche Zentral Genossenschafts Bank Frankfurt am Main now owns 433,181 shares of the technology company's stock worth $49,920,000 after purchasing an additional 227,033 shares during the period. Finally, EP Wealth Advisors LLC boosted its holdings in Dell Technologies by 17.1% during the fourth quarter. EP Wealth Advisors LLC now owns 6,528 shares of the technology company's stock valued at $752,000 after purchasing an additional 952 shares in the last quarter. 76.37% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

Several analysts recently commented on DELL shares. Evercore ISI decreased their price target on Dell Technologies from $145.00 to $120.00 and set an "outperform" rating on the stock in a research note on Monday, April 28th. Bank of America reduced their target price on shares of Dell Technologies from $155.00 to $150.00 and set a "buy" rating on the stock in a research note on Tuesday, February 18th. Mizuho lifted their price target on shares of Dell Technologies from $140.00 to $145.00 and gave the company an "outperform" rating in a report on Monday. UBS Group decreased their price objective 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. Finally, Loop Capital decreased 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. Three research analysts have rated the stock with a hold rating and sixteen have given a buy rating to the company. Based on data from MarketBeat.com, Dell Technologies has a consensus rating of "Moderate Buy" and an average target price of $134.76.

Dell Technologies Stock Performance

Dell Technologies stock traded up $0.58 during trading hours on Tuesday, reaching $114.86. 1,103,611 shares of the company's stock traded hands, compared to its average volume of 10,319,295. The firm has a market capitalization of $80.15 billion, a price-to-earnings ratio of 20.28, a PEG ratio of 1.10 and a beta of 0.99. Dell Technologies Inc. has a fifty-two week low of $66.25 and a fifty-two week high of $179.70. The firm's 50 day moving average is $92.21 and its 200-day moving average is $108.31.

Dell Technologies Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Friday, May 2nd. Investors of record on Tuesday, April 22nd were issued a $0.525 dividend. This is a positive change from Dell Technologies's previous quarterly dividend of $0.45. This represents a $2.10 annualized dividend and a yield of 1.83%. The ex-dividend date was Tuesday, April 22nd. Dell Technologies's dividend payout ratio is currently 33.76%.

Insiders Place Their Bets

In other news, CFO Yvonne Mcgill sold 8,000 shares of the firm's stock in a transaction on Wednesday, May 14th. The stock was sold at an average price of $110.80, for a total value of $886,400.00. Following the transaction, the chief financial officer now directly owns 245,804 shares in the company, valued at $27,235,083.20. This trade represents a 3.15% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, CAO Brunilda Rios sold 926 shares of the company's stock in a transaction dated 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 sale, the chief accounting officer now owns 37,948 shares of the company's stock, valued at $3,540,168.92. This represents a 2.38% decrease in their position. The disclosure for this sale can be found here. Company 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).