Nisa Investment Advisors LLC Has $92,000 Stock Holdings in Dell Technologies Inc. (NYSE:DELL)

Nisa Investment Advisors LLC decreased its holdings in shares of Dell Technologies Inc. (NYSE:DELL - Free Report) by 90.4% during the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 1,006 shares of the technology company's stock after selling 9,506 shares during the period. Nisa Investment Advisors LLC's holdings in Dell Technologies were worth $92,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in the business. Vanguard Capital Wealth Advisors grew its holdings 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 buying an additional 100 shares during the last quarter. Greenleaf Trust boosted its holdings in shares of Dell Technologies by 1.4% during the first quarter. Greenleaf Trust now owns 10,172 shares of the technology company's stock worth $927,000 after purchasing an additional 136 shares during the last quarter. First Horizon Advisors Inc. boosted its holdings in Dell Technologies by 32.9% in the first quarter. First Horizon Advisors Inc. now owns 586 shares of the technology company's stock valued at $53,000 after acquiring an additional 145 shares during the last quarter. Crowley Wealth Management Inc. boosted its holdings in Dell Technologies by 86.2% in the first quarter. Crowley Wealth Management Inc. now owns 324 shares of the technology company's stock valued at $30,000 after acquiring an additional 150 shares during the last quarter. Finally, Level Four Advisory Services LLC boosted its holdings in Dell Technologies by 6.5% in the fourth quarter. Level Four Advisory Services LLC now owns 2,855 shares of the technology company's stock valued at $329,000 after acquiring an additional 173 shares during the last quarter. Institutional investors and hedge funds own 76.37% of the company's stock.

Analysts Set New Price Targets

Several research analysts have commented on the company. Evercore ISI reissued an "outperform" rating on shares of Dell Technologies in a research report on Thursday, May 29th. Barclays lifted their target price on Dell Technologies from $116.00 to $123.00 and gave the stock an "equal weight" rating in a research report on Friday, May 30th. Mizuho lifted their target price on Dell Technologies from $140.00 to $145.00 and gave the stock an "outperform" rating in a research report on Monday, May 19th. KeyCorp assumed coverage on Dell Technologies in a research report on Thursday, June 26th. They set a "sector weight" rating on the stock. Finally, Bank of America lifted their target price on Dell Technologies from $155.00 to $165.00 and gave the stock a "buy" rating in a research report on Friday. Five investment analysts have rated the stock with a hold rating and sixteen have given a buy rating to the company. According to MarketBeat, the company has an average rating of "Moderate Buy" and an average target price of $140.06.

Insider Activity at Dell Technologies

In other news, Director V (Gp) L.L.C. Slta sold 6,086 shares of the firm's stock in a transaction that occurred on Thursday, July 17th. The shares were sold at an average price of $123.50, for a total transaction of $751,621.00. Following the completion of the sale, the director owned 986,261 shares of the company's stock, valued at approximately $121,803,233.50. This trade represents a 0.61% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through this link. Also, CAO Brunilda Rios sold 6,000 shares of the firm's stock in a transaction that occurred on Thursday, June 26th. The stock was sold at an average price of $126.29, for a total transaction 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 position. The disclosure for this sale can be found here. In the last three months, insiders have sold 12,897,063 shares of company stock worth $1,570,909,812. 42.00% of the stock is owned by corporate insiders.

Dell Technologies Trading Up 5.8%

DELL traded up $7.20 during trading hours on Friday, hitting $131.08. The company's stock had a trading volume of 11,017,744 shares, compared to its average volume of 8,515,424. Dell Technologies Inc. has a fifty-two week low of $66.25 and a fifty-two week high of $147.66. The firm has a market capitalization of $88.98 billion, a PE ratio of 20.91, a PEG ratio of 1.21 and a beta of 1.02. The company has a 50-day simple moving average of $117.32 and a 200 day simple moving average of $105.93.

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

Dell Technologies Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Friday, August 1st. Stockholders of record on Tuesday, July 22nd will be given a dividend of $0.525 per share. The ex-dividend date of this dividend is Tuesday, July 22nd. This represents a $2.10 dividend on an annualized basis and a dividend yield of 1.60%. Dell Technologies's dividend payout ratio (DPR) is presently 33.49%.

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).