BSW Wealth Partners Purchases 5,283 Shares of Dell Technologies Inc. (NYSE:DELL)

BSW Wealth Partners grew its holdings in shares of Dell Technologies Inc. (NYSE:DELL - Free Report) by 43.3% in the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 17,480 shares of the technology company's stock after acquiring an additional 5,283 shares during the quarter. BSW Wealth Partners' holdings in Dell Technologies were worth $1,593,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently made changes to their positions in the stock. Brighton Jones LLC grew its stake in shares of Dell Technologies by 42.7% during the fourth quarter. Brighton Jones LLC now owns 3,011 shares of the technology company's stock worth $347,000 after buying an additional 901 shares during the last quarter. IFP Advisors Inc grew its stake in shares of Dell Technologies by 31.9% during the fourth quarter. IFP Advisors Inc now owns 4,654 shares of the technology company's stock worth $537,000 after buying an additional 1,125 shares during the last quarter. Los Angeles Capital Management LLC grew its stake in shares of Dell Technologies by 204.8% during the fourth quarter. Los Angeles Capital Management LLC now owns 9,860 shares of the technology company's stock worth $1,136,000 after buying an additional 6,625 shares during the last quarter. National Pension Service raised its holdings in Dell Technologies by 3.0% in the 4th quarter. National Pension Service now owns 639,211 shares of the technology company's stock valued at $73,663,000 after buying an additional 18,805 shares during the last quarter. Finally, Oregon Public Employees Retirement Fund boosted its position in Dell Technologies by 7.1% during the 4th quarter. Oregon Public Employees Retirement Fund now owns 26,353 shares of the technology company's stock worth $3,037,000 after buying an additional 1,753 shares during the period. Institutional investors own 76.37% of the company's stock.

Dell Technologies Stock Down 1.5%

DELL traded down $1.86 during midday trading on Friday, hitting $124.12. The company had a trading volume of 7,356,506 shares, compared to its average volume of 8,820,897. The stock's 50 day moving average price is $107.51 and its 200 day moving average price is $105.06. Dell Technologies Inc. has a 52 week low of $66.25 and a 52 week high of $150.23. The company has a market capitalization of $84.26 billion, a price-to-earnings ratio of 19.80, a PEG ratio of 1.15 and a beta of 1.01.

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

Dell Technologies Dividend Announcement

The company also recently announced 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. This represents a $2.10 dividend on an annualized basis and a dividend yield of 1.69%. The ex-dividend date is Tuesday, July 22nd. Dell Technologies's dividend payout ratio is currently 33.49%.

Analyst Ratings Changes

Several equities analysts have recently issued reports on DELL shares. TD Cowen raised their price target on shares of Dell Technologies from $120.00 to $125.00 and gave the company a "hold" rating in a research note on Friday, May 30th. The Goldman Sachs Group lowered their target price on Dell Technologies from $165.00 to $145.00 and set a "buy" rating for the company in a research report on Monday, March 3rd. UBS Group reduced their price target on Dell Technologies from $150.00 to $145.00 and set a "buy" rating on the stock in a research report on Friday, May 30th. JPMorgan Chase & Co. lifted their price objective on Dell Technologies from $111.00 to $125.00 and gave the stock an "overweight" rating in a research note on Friday, May 30th. Finally, Morgan Stanley increased their target price on shares of Dell Technologies from $89.00 to $126.00 and gave the company an "overweight" rating in a research report on Wednesday, May 21st. Five research analysts have rated the stock with a hold rating and sixteen have assigned a buy rating to the company. According to MarketBeat, Dell Technologies currently has a consensus rating of "Moderate Buy" and an average target price of $138.00.

Insider Buying and Selling

In related news, General Counsel Richard J. Rothberg sold 70,165 shares of the firm's stock in a transaction dated Tuesday, June 3rd. The shares were sold at an average price of $108.82, for a total value of $7,635,355.30. Following the transaction, the general counsel now owns 79,928 shares of the company's stock, valued at approximately $8,697,764.96. This trade represents a 46.75% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CFO Yvonne Mcgill sold 8,000 shares of the stock in a transaction that occurred 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 completion of the sale, the chief financial officer now directly owns 245,804 shares of the company's stock, valued at approximately $27,235,083.20. This trade represents a 3.15% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 11,482,977 shares of company stock worth $1,391,688,489 in the last ninety days. Corporate insiders own 42.00% of the company's stock.

About Dell Technologies

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).