Boyd Watterson Asset Management LLC OH Buys 5,500 Shares of Dell Technologies Inc. (NYSE:DELL)

Boyd Watterson Asset Management LLC OH increased its position in Dell Technologies Inc. (NYSE:DELL - Free Report) by 141.5% during the first quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 9,387 shares of the technology company's stock after acquiring an additional 5,500 shares during the period. Boyd Watterson Asset Management LLC OH's holdings in Dell Technologies were worth $856,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently bought and sold shares of DELL. Brighton Jones LLC boosted its position in shares of Dell Technologies by 42.7% during the 4th quarter. Brighton Jones LLC now owns 3,011 shares of the technology company's stock valued at $347,000 after purchasing an additional 901 shares in the last quarter. Proficio Capital Partners LLC acquired a new position in shares of Dell Technologies in the fourth quarter worth about $237,000. Thrivent Financial for Lutherans boosted its holdings in shares of Dell Technologies by 6.1% in the fourth quarter. Thrivent Financial for Lutherans now owns 14,868 shares of the technology company's stock worth $1,713,000 after buying an additional 860 shares during the period. American Century Companies Inc. boosted its holdings in shares of Dell Technologies by 6.3% in the fourth quarter. American Century Companies Inc. now owns 26,199 shares of the technology company's stock worth $3,019,000 after buying an additional 1,555 shares during the period. Finally, Vanguard Group Inc. boosted its holdings in shares of Dell Technologies by 10.5% in the fourth 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 period. Institutional investors own 76.37% of the company's stock.

Dell Technologies Stock Up 2.2%

Shares of NYSE:DELL traded up $2.85 on Friday, hitting $131.20. 4,298,756 shares of the company traded hands, compared to its average volume of 4,652,753. Dell Technologies Inc. has a 52 week low of $66.25 and a 52 week high of $147.66. The stock has a 50 day simple moving average of $119.18 and a 200-day simple moving average of $106.28. The company has a market cap of $89.06 billion, a PE ratio of 20.92, a PEG ratio of 1.04 and a beta of 1.02.

Dell Technologies (NYSE:DELL - Get Free Report) last released its quarterly earnings results on Thursday, May 29th. The technology company reported $1.55 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $1.68 by ($0.13). The firm had revenue of $23.38 billion for the quarter, compared to the consensus estimate of $23.17 billion. Dell Technologies had a net margin of 4.63% and a negative return on equity of 226.48%. The company's revenue for the quarter was up 5.1% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $1.27 earnings per share. As a group, sell-side analysts anticipate that Dell Technologies Inc. will post 6.93 earnings per share for the current year.

Dell Technologies Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Friday, August 1st. Investors of record on Tuesday, July 22nd will be issued a $0.525 dividend. The ex-dividend date of this dividend is Tuesday, July 22nd. This represents a $2.10 dividend on an annualized basis and a yield of 1.60%. Dell Technologies's dividend payout ratio is presently 33.49%.

Analyst Upgrades and Downgrades

DELL has been the topic of several recent research reports. KeyCorp initiated coverage on shares of Dell Technologies in a research report on Thursday, June 26th. They set a "sector weight" rating on the stock. Barclays raised their price objective on shares of Dell Technologies from $116.00 to $123.00 and gave the company an "equal weight" rating in a research report on Friday, May 30th. UBS Group lowered their price target on Dell Technologies from $150.00 to $145.00 and set a "buy" rating on the stock in a report on Friday, May 30th. Bank of America increased their price target on Dell Technologies from $155.00 to $165.00 and gave the company a "buy" rating in a report on Friday, July 18th. Finally, Mizuho increased their price target on Dell Technologies from $140.00 to $145.00 and gave the company an "outperform" rating in a report on Monday, May 19th. Five investment analysts have rated the stock with a hold rating and sixteen have issued a buy rating to the stock. According to MarketBeat.com, the company has a consensus rating of "Moderate Buy" and an average price target of $140.06.

Insider Buying and Selling

In other news, General Counsel Richard J. Rothberg sold 70,165 shares of the company's stock in a transaction that occurred on Tuesday, June 3rd. The stock was sold at an average price of $108.82, for a total transaction of $7,635,355.30. Following the sale, the general counsel directly owned 79,928 shares of the company's stock, valued at $8,697,764.96. This represents a 46.75% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, Director V (Gp) L.L.C. Slta sold 527,187 shares of the business's stock in a transaction that occurred on Thursday, June 12th. The shares were sold at an average price of $112.83, for a total value of $59,482,509.21. Following the transaction, the director directly owned 938,741 shares in the company, valued at approximately $105,918,147.03. This represents a 35.96% decrease in their position. The disclosure for this sale can be found here. Insiders sold 12,917,063 shares of company stock worth $1,573,509,812 in the last quarter. 42.00% of the stock is owned by 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).