Capital Advisors Inc. OK Has $391,000 Stock Position in Dell Technologies Inc. (NYSE:DELL)

Capital Advisors Inc. OK lifted its position in Dell Technologies Inc. (NYSE:DELL - Free Report) by 119.9% in the 1st quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 4,294 shares of the technology company's stock after acquiring an additional 2,341 shares during the quarter. Capital Advisors Inc. OK's holdings in Dell Technologies were worth $391,000 as of its most recent filing with the SEC.

Several other hedge funds have also made changes to their positions in the company. Bellwether Advisors LLC acquired a new position in Dell Technologies in the 4th quarter valued at approximately $25,000. Lee Danner & Bass Inc. acquired a new position in shares of Dell Technologies during the 4th quarter worth $26,000. Smallwood Wealth Investment Management LLC acquired a new position in shares of Dell Technologies during the 1st quarter worth $25,000. Crowley Wealth Management Inc. increased its stake in shares of Dell Technologies by 86.2% during the 1st quarter. Crowley Wealth Management Inc. now owns 324 shares of the technology company's stock worth $30,000 after purchasing an additional 150 shares during the last quarter. Finally, McIlrath & Eck LLC increased its stake in shares of Dell Technologies by 155.8% during the 4th quarter. McIlrath & Eck LLC now owns 330 shares of the technology company's stock worth $38,000 after purchasing an additional 201 shares during the last quarter. Hedge funds and other institutional investors own 76.37% of the company's stock.

Analyst Upgrades and Downgrades

Several brokerages have recently commented on DELL. TD Cowen increased their price target on shares of Dell Technologies from $120.00 to $125.00 and gave the stock a "hold" rating in a research note on Friday, May 30th. Barclays increased their price target on shares of Dell Technologies from $116.00 to $123.00 and gave the stock an "equal weight" rating in a research note on Friday, May 30th. Wall Street Zen upgraded shares of Dell Technologies from a "hold" rating to a "buy" rating in a research note on Sunday. Raymond James Financial raised their target price on shares of Dell Technologies from $144.00 to $150.00 and gave the company an "outperform" rating in a research note on Friday, May 30th. Finally, Citigroup raised 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, May 30th. Four investment analysts have rated the stock with a hold rating and seventeen have assigned a buy rating to the company's stock. According to MarketBeat, the stock has a consensus rating of "Moderate Buy" and an average target price of $138.00.

Insider Activity at Dell Technologies

In other news, Director V (Gp) L.L.C. Slta sold 527,187 shares of the firm's stock in a transaction dated Thursday, June 12th. The shares were sold at an average price of $112.83, for a total transaction of $59,482,509.21. Following the completion of the transaction, the director directly owned 938,741 shares of the company's stock, valued at approximately $105,918,147.03. This trade represents a 35.96% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CEO Michael S. Dell sold 10,000,000 shares of the firm's stock in a transaction dated Thursday, June 26th. The stock was sold at an average price of $122.27, for a total transaction of $1,222,700,000.00. Following the transaction, the chief executive officer directly owned 25,912,241 shares of the company's stock, valued at $3,168,289,707.07. The trade was a 27.85% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 12,113,977 shares of company stock worth $1,471,321,229 in the last ninety days. Company insiders own 42.00% of the company's stock.

Dell Technologies Stock Down 0.2%

Dell Technologies stock traded down $0.26 during mid-day trading on Tuesday, reaching $124.51. The company had a trading volume of 3,316,310 shares, compared to its average volume of 7,681,324. Dell Technologies Inc. has a 52 week low of $66.25 and a 52 week high of $150.23. The company has a 50 day moving average of $111.57 and a 200-day moving average of $105.29. The firm has a market cap of $84.52 billion, a price-to-earnings ratio of 19.86, a PEG ratio of 1.15 and a beta of 1.02.

Dell Technologies (NYSE:DELL - Get Free Report) last issued 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 net margin of 4.63% and a negative return on equity of 226.48%. The company had revenue of $23.38 billion during the quarter, compared to the consensus estimate of $23.17 billion. During the same period last year, the company earned $1.27 earnings per share. Dell Technologies's revenue for the quarter was up 5.1% on a year-over-year basis. On average, analysts predict that Dell Technologies Inc. will post 6.93 earnings per share for the current fiscal year.

Dell Technologies Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, August 1st. Stockholders of record on Tuesday, July 22nd will be issued a dividend of $0.525 per share. 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 payout ratio is 33.49%.

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).