Burns J W & Co. Inc. NY Has $1.39 Million Stock Holdings in Dell Technologies Inc. (NYSE:DELL)

Burns J W & Co. Inc. NY increased its holdings in Dell Technologies Inc. (NYSE:DELL - Free Report) by 38.6% in the 1st quarter, according to its most recent 13F filing with the SEC. The firm owned 15,295 shares of the technology company's stock after buying an additional 4,260 shares during the period. Burns J W & Co. Inc. NY's holdings in Dell Technologies were worth $1,394,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors have also modified their holdings of the business. Bogart Wealth LLC boosted its holdings in shares of Dell Technologies by 7.7% in the 4th quarter. Bogart Wealth LLC now owns 1,398 shares of the technology company's stock valued at $161,000 after buying an additional 100 shares during the period. Tortoise Investment Management LLC boosted its stake in Dell Technologies by 23.0% during the 4th quarter. Tortoise Investment Management LLC now owns 535 shares of the technology company's stock valued at $62,000 after purchasing an additional 100 shares during the period. Vanguard Capital Wealth Advisors boosted its stake in Dell Technologies by 5.9% during the 4th quarter. Vanguard Capital Wealth Advisors now owns 1,800 shares of the technology company's stock valued at $207,000 after purchasing an additional 100 shares during the period. Spire Wealth Management boosted its stake in Dell Technologies by 3.3% during the 4th quarter. Spire Wealth Management now owns 3,290 shares of the technology company's stock valued at $379,000 after purchasing an additional 104 shares during the period. Finally, Center for Financial Planning Inc. boosted its stake in Dell Technologies by 47.4% during the 4th quarter. Center for Financial Planning Inc. now owns 345 shares of the technology company's stock valued at $40,000 after purchasing an additional 111 shares during the period. 76.37% of the stock is owned by institutional investors and hedge funds.

Insider Buying and Selling

In other news, CFO Yvonne Mcgill sold 8,000 shares of the business's 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 sale, the chief financial officer now owns 245,804 shares in the company, valued at $27,235,083.20. The trade was a 3.15% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CAO Brunilda Rios sold 926 shares of the business's stock in a transaction that occurred 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 sale, the chief accounting officer now owns 37,948 shares in the company, valued at $3,540,168.92. This represents a 2.38% decrease in their position. The disclosure for this sale can be found here. Insiders own 42.00% of the company's stock.

Dell Technologies Trading Down 2.1%

Shares of NYSE DELL traded down $2.42 during midday trading on Friday, reaching $111.21. The company's stock had a trading volume of 19,189,102 shares, compared to its average volume of 9,803,194. The company has a 50 day moving average price of $95.00 and a 200 day moving average price of $107.08. Dell Technologies Inc. has a one year low of $66.25 and a one year high of $161.52. The company has a market cap of $77.61 billion, a price-to-earnings ratio of 19.65, a price-to-earnings-growth ratio of 1.10 and a beta of 0.99.

Dell Technologies (NYSE:DELL - Get Free Report) last released its earnings results on Thursday, May 29th. The technology company reported $1.55 EPS for the quarter, missing analysts' consensus estimates of $1.68 by ($0.13). Dell Technologies had a negative return on equity of 191.91% and a net margin of 4.36%. The business had revenue of $23.38 billion during the quarter, compared to the consensus estimate of $23.17 billion. During the same quarter in the previous year, the firm earned $1.27 earnings per share. The firm's revenue for the quarter was up 5.1% compared to the same quarter last year. Research analysts anticipate that Dell Technologies Inc. will post 6.93 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

A number of research firms have issued reports on DELL. UBS Group reduced their target price on shares of Dell Technologies from $150.00 to $145.00 and set a "buy" rating for the company in a research note on Friday. Evercore ISI reissued an "outperform" rating on shares of Dell Technologies in a research note on Thursday. Mizuho boosted their target price on shares of Dell Technologies from $140.00 to $145.00 and gave the company an "outperform" rating in a research note on Monday, May 19th. Citigroup boosted their target price on shares of Dell Technologies from $128.00 to $135.00 and gave the company a "buy" rating in a research note on Friday. Finally, Barclays boosted their target price on shares of Dell Technologies from $116.00 to $123.00 and gave the company an "equal weight" rating in a research note on Friday. Three analysts have rated the stock with a hold rating and sixteen have issued a buy rating to the company's stock. According to MarketBeat.com, the company presently has a consensus rating of "Moderate Buy" and an average target price of $138.00.

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).