Ashford Capital Management Inc. Boosts Position in Dell Technologies Inc. (NYSE:DELL)

Ashford Capital Management Inc. lifted its position in shares of Dell Technologies Inc. (NYSE:DELL - Free Report) by 86.9% during the fourth quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 28,090 shares of the technology company's stock after purchasing an additional 13,060 shares during the period. Ashford Capital Management Inc.'s holdings in Dell Technologies were worth $3,237,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also made changes to their positions in the company. Park Avenue Securities LLC raised its position in Dell Technologies by 33.8% in the 4th quarter. Park Avenue Securities LLC now owns 4,395 shares of the technology company's stock valued at $506,000 after purchasing an additional 1,110 shares during the last quarter. Merit Financial Group LLC acquired a new stake in shares of Dell Technologies during the fourth quarter worth about $417,000. Brooklyn Investment Group lifted its position in Dell Technologies by 18.7% during the 4th quarter. Brooklyn Investment Group now owns 610 shares of the technology company's stock worth $70,000 after acquiring an additional 96 shares during the period. Ellsworth Advisors LLC acquired a new stake in shares of Dell Technologies during the fourth quarter worth $4,329,000. Finally, UMB Bank n.a. lifted its position in Dell Technologies by 8.8% in the fourth quarter. UMB Bank n.a. now owns 1,292 shares of the technology company's stock valued at $149,000 after purchasing an additional 105 shares during the period. 76.37% of the stock is owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

A number of equities analysts have recently issued reports on the company. Morgan Stanley increased their target price on Dell Technologies from $89.00 to $126.00 and gave the stock an "overweight" rating in a research note on Wednesday. Raymond James upped their price objective on Dell Technologies from $139.00 to $144.00 and gave the stock an "outperform" rating in a report on Tuesday, May 13th. Mizuho raised their target price on Dell Technologies from $140.00 to $145.00 and gave the company an "outperform" rating in a report on Monday. Bank of America lowered their price target 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. Finally, Wells Fargo & Company decreased their price objective on shares of Dell Technologies from $160.00 to $150.00 and set an "overweight" rating on the stock in a report on Friday, February 28th. Three equities research analysts have rated the stock with a hold rating and sixteen have given a buy rating to the company. According to MarketBeat.com, the company has a consensus rating of "Moderate Buy" and a consensus target price of $134.65.

Dell Technologies Stock Up 0.0%

Shares of DELL traded up $0.05 on Thursday, hitting $111.98. 4,012,240 shares of the stock traded hands, compared to its average volume of 10,324,124. The firm has a market capitalization of $78.14 billion, a P/E ratio of 19.78, a P/E/G 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. The stock's 50 day moving average is $92.97 and its two-hundred day moving average is $108.37.

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 paid 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 1.88%. The ex-dividend date was Tuesday, April 22nd. Dell Technologies's dividend payout ratio is presently 33.76%.

Insider Buying and Selling

In other Dell Technologies news, CFO Yvonne Mcgill sold 8,000 shares of the stock in a transaction that occurred on Wednesday, May 14th. The shares were sold at an average price of $110.80, for a total transaction of $886,400.00. Following the transaction, the chief financial officer now owns 245,804 shares of the company's stock, valued at $27,235,083.20. This trade represents a 3.15% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, CAO Brunilda Rios sold 926 shares of Dell Technologies stock in a transaction on Friday, March 28th. The shares were sold at an average price of $93.29, for a total transaction of $86,386.54. Following the completion of the transaction, the chief accounting officer now owns 37,948 shares in the company, valued at approximately $3,540,168.92. This trade represents a 2.38% decrease in their position. The disclosure for this sale can be found here. 46.70% of the stock is currently owned by company insiders.

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).