Cache Advisors LLC Takes Position in Dell Technologies Inc. (NYSE:DELL)

Cache Advisors LLC purchased a new position in Dell Technologies Inc. (NYSE:DELL - Free Report) during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm purchased 4,961 shares of the technology company's stock, valued at approximately $572,000.

Several other large investors also recently modified their holdings of DELL. Bellwether Advisors LLC purchased a new position in shares of Dell Technologies during the 4th quarter worth $25,000. Vision Financial Markets LLC bought a new stake in Dell Technologies during the fourth quarter valued at about $26,000. Lee Danner & Bass Inc. purchased a new stake in Dell Technologies in the fourth quarter worth about $26,000. Byrne Asset Management LLC bought a new position in shares of Dell Technologies in the fourth quarter worth about $28,000. Finally, Stonebridge Financial Group LLC purchased a new position in shares of Dell Technologies during the 4th quarter valued at about $37,000. Institutional investors own 76.37% of the company's stock.

Insider Buying and Selling

In related news, CAO Brunilda Rios sold 926 shares of the stock in a transaction that occurred on Friday, March 28th. The stock was sold at an average price of $93.29, for a total value of $86,386.54. Following the transaction, 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 ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, CFO Yvonne Mcgill sold 8,000 shares of Dell Technologies stock in a transaction dated Wednesday, May 14th. The shares were 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 owns 245,804 shares of the company's stock, valued at $27,235,083.20. The trade was a 3.15% decrease in their ownership of the stock. The disclosure for this sale can be found here. 46.70% of the stock is owned by corporate insiders.

Dell Technologies Price Performance

Shares of Dell Technologies stock traded up $0.23 during trading hours on Monday, reaching $112.18. The company's stock had a trading volume of 3,912,193 shares, compared to its average volume of 10,243,138. The stock has a market cap of $78.28 billion, a P/E ratio of 19.82, a P/E/G ratio of 1.10 and a beta of 0.99. Dell Technologies Inc. has a one year low of $66.25 and a one year high of $179.70. The firm has a 50 day moving average price of $93.58 and a 200-day moving average price of $107.69.

Dell Technologies Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, May 2nd. Investors of record on Tuesday, April 22nd were given a $0.525 dividend. This is a positive change from Dell Technologies's previous quarterly dividend of $0.45. This represents a $2.10 dividend on an annualized basis and a yield of 1.87%. The ex-dividend date was Tuesday, April 22nd. Dell Technologies's dividend payout ratio is 33.76%.

Analyst Upgrades and Downgrades

DELL has been the topic of a number of recent analyst reports. Evercore ISI raised their target price on shares of Dell Technologies from $120.00 to $140.00 and gave the stock an "outperform" rating in a research note on Friday. The Goldman Sachs Group dropped their target price on shares of Dell Technologies from $165.00 to $145.00 and set a "buy" rating for the company in a report on Monday, March 3rd. UBS Group decreased their price target on Dell Technologies from $158.00 to $150.00 and set a "buy" rating on the stock in a report on Friday, February 28th. Citigroup upped their price objective on Dell Technologies from $105.00 to $128.00 and gave the stock a "buy" rating in a research note on Friday, May 16th. Finally, Wells Fargo & Company lowered their price target on Dell Technologies from $160.00 to $150.00 and set an "overweight" rating on the stock in a report on Friday, February 28th. Three investment analysts have rated the stock with a hold rating and sixteen have given a buy rating to the stock. According to MarketBeat, Dell Technologies presently has an average rating of "Moderate Buy" and an average target price of $135.82.

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).