Keybank National Association OH Has $954,000 Stock Holdings in Dell Technologies Inc. (NYSE:DELL)

Keybank National Association OH raised its holdings in Dell Technologies Inc. (NYSE:DELL - Free Report) by 104.8% during the first quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 10,471 shares of the technology company's stock after acquiring an additional 5,357 shares during the quarter. Keybank National Association OH's holdings in Dell Technologies were worth $954,000 as of its most recent SEC filing.

A number of other institutional investors have also recently bought and sold shares of the business. Bellwether Advisors LLC bought a new position in Dell Technologies during the 4th quarter worth approximately $25,000. Smallwood Wealth Investment Management LLC bought a new position in Dell Technologies during the first quarter worth about $25,000. Lee Danner & Bass Inc. bought a new stake in shares of Dell Technologies in the fourth quarter worth about $26,000. Crowley Wealth Management Inc. raised its position in shares of Dell Technologies by 86.2% during the first 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 period. Finally, McIlrath & Eck LLC lifted its holdings 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 valued at $38,000 after purchasing an additional 201 shares in the last quarter. Institutional investors and hedge funds own 76.37% of the company's stock.

Dell Technologies Price Performance

DELL stock traded up $1.26 during mid-day trading on Monday, reaching $126.48. The company had a trading volume of 935,425 shares, compared to its average volume of 8,693,719. The company has a market capitalization of $85.86 billion, a price-to-earnings ratio of 20.24, a PEG ratio of 1.15 and a beta of 1.02. Dell Technologies Inc. has a 52 week low of $66.25 and a 52 week high of $150.23. The stock has a 50 day simple moving average of $110.96 and a two-hundred day simple moving average of $105.22.

Dell Technologies (NYSE:DELL - Get Free Report) last announced 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 business had revenue of $23.38 billion for the quarter, compared to analyst estimates of $23.17 billion. During the same period last year, the firm earned $1.27 EPS. Dell Technologies's quarterly revenue was up 5.1% compared to the same quarter last year. On average, equities analysts predict that Dell Technologies Inc. will post 6.93 EPS for the current year.

Dell Technologies Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Friday, August 1st. Shareholders of record on Tuesday, July 22nd will be issued a $0.525 dividend. The ex-dividend date is Tuesday, July 22nd. This represents a $2.10 annualized dividend and a yield of 1.66%. Dell Technologies's dividend payout ratio is currently 33.49%.

Insider Activity

In other news, Director Radakovich Lynn Vojvodich sold 2,900 shares of the stock in a transaction that occurred on Tuesday, June 24th. The stock was sold at an average price of $120.00, for a total transaction of $348,000.00. Following the transaction, the director owned 23,680 shares in the company, valued at approximately $2,841,600. This trade represents a 10.91% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, CAO Brunilda Rios sold 6,000 shares of Dell Technologies stock in a transaction that occurred on Thursday, June 26th. The stock was sold at an average price of $126.29, for a total value of $757,740.00. Following the sale, the chief accounting officer directly owned 18,948 shares of the company's stock, valued at approximately $2,392,942.92. The trade was a 24.05% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last three months, insiders sold 12,113,977 shares of company stock valued at $1,471,321,229. Company insiders own 42.00% of the company's stock.

Wall Street Analyst Weigh In

A number of research firms recently issued reports on DELL. JPMorgan Chase & Co. increased their target price on Dell Technologies from $111.00 to $125.00 and gave the stock an "overweight" rating in a research note on Friday, May 30th. Mizuho increased their price objective on shares of Dell Technologies from $140.00 to $145.00 and gave the stock an "outperform" rating in a research report on Monday, May 19th. Evercore ISI reaffirmed an "outperform" rating on shares of Dell Technologies in a research report on Thursday, May 29th. Citigroup upped their target price on shares of Dell Technologies from $128.00 to $135.00 and gave the stock a "buy" rating in a research note on Friday, May 30th. Finally, KeyCorp began coverage on Dell Technologies in a research note on Thursday, June 26th. They issued a "sector weight" rating on the stock. Four research analysts have rated the stock with a hold rating and seventeen have issued a buy rating to the stock. According to data from MarketBeat, Dell Technologies presently has a consensus rating of "Moderate Buy" and a consensus target price of $138.00.

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).