Dell Technologies Inc. (NYSE:DELL) Stock Position Decreased by Robeco Institutional Asset Management B.V.

Robeco Institutional Asset Management B.V. trimmed its position in shares of Dell Technologies Inc. (NYSE:DELL - Free Report) by 95.3% in the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 59,740 shares of the technology company's stock after selling 1,206,737 shares during the period. Robeco Institutional Asset Management B.V.'s holdings in Dell Technologies were worth $5,445,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Tortoise Investment Management LLC boosted its holdings in shares of Dell Technologies by 23.0% in the 4th quarter. Tortoise Investment Management LLC now owns 535 shares of the technology company's stock valued at $62,000 after buying an additional 100 shares during the period. Vanguard Capital Wealth Advisors boosted its stake in Dell Technologies by 5.9% in the fourth quarter. Vanguard Capital Wealth Advisors now owns 1,800 shares of the technology company's stock valued at $207,000 after acquiring an additional 100 shares during the period. HBK Sorce Advisory LLC grew its holdings in shares of Dell Technologies by 6.3% during the fourth quarter. HBK Sorce Advisory LLC now owns 1,999 shares of the technology company's stock valued at $230,000 after purchasing an additional 118 shares during the last quarter. Mesirow Financial Investment Management Inc. raised its position in shares of Dell Technologies by 5.5% during the 4th quarter. Mesirow Financial Investment Management Inc. now owns 2,359 shares of the technology company's stock worth $272,000 after purchasing an additional 124 shares during the period. Finally, Crowley Wealth Management Inc. lifted its holdings in shares of Dell Technologies by 86.2% in 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. Hedge funds and other institutional investors own 76.37% of the company's stock.

Analyst Ratings Changes

A number of research firms have issued reports on DELL. KeyCorp assumed coverage on Dell Technologies in a research note on Thursday, June 26th. They issued a "sector weight" rating on the stock. Barclays raised their price target 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, May 30th. Mizuho boosted their price objective on Dell Technologies from $140.00 to $145.00 and gave the stock an "outperform" rating in a research report on Monday, May 19th. TD Cowen increased their price objective on Dell Technologies from $120.00 to $125.00 and gave the stock a "hold" rating in a report on Friday, May 30th. Finally, JPMorgan Chase & Co. lifted their target price on Dell Technologies from $111.00 to $125.00 and gave the company an "overweight" rating in a research note on Friday, May 30th. Five research analysts have rated the stock with a hold rating and sixteen have given a buy rating to the stock. According to data from MarketBeat, Dell Technologies currently has a consensus rating of "Moderate Buy" and a consensus target price of $138.00.

Dell Technologies Stock Performance

Shares of NYSE DELL traded up $1.57 during trading on Friday, hitting $125.05. The company had a trading volume of 3,725,609 shares, compared to its average volume of 8,724,460. Dell Technologies Inc. has a 52 week low of $66.25 and a 52 week high of $150.23. The business's 50-day moving average is $110.36 and its 200 day moving average is $105.28. The company has a market cap of $84.89 billion, a P/E ratio of 19.94, a PEG ratio of 1.15 and a beta of 1.02.

Dell Technologies (NYSE:DELL - Get Free Report) last announced its earnings results on Thursday, May 29th. The technology company reported $1.55 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $1.68 by ($0.13). The company had revenue of $23.38 billion for 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 firm's revenue for the quarter was up 5.1% on a year-over-year basis. During the same period last year, the firm earned $1.27 earnings per share. On average, research analysts expect that Dell Technologies Inc. will post 6.93 EPS for the current year.

Dell Technologies Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Friday, August 1st. Investors of record on Tuesday, July 22nd will be given a $0.525 dividend. The ex-dividend date of this dividend is Tuesday, July 22nd. This represents a $2.10 annualized dividend and a dividend yield of 1.68%. Dell Technologies's dividend payout ratio (DPR) is presently 33.49%.

Insider Activity

In other news, CEO Michael S. Dell sold 10,000,000 shares of the stock in a transaction on Thursday, June 26th. The stock was sold at an average price of $122.27, for a total value of $1,222,700,000.00. Following the completion of the sale, the chief executive officer owned 25,912,241 shares in the company, valued at $3,168,289,707.07. This represents a 27.85% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, General Counsel Richard J. Rothberg sold 70,165 shares of the company's stock in a transaction on Tuesday, June 3rd. The shares were sold at an average price of $108.82, for a total value of $7,635,355.30. Following the transaction, the general counsel directly owned 79,928 shares in the company, valued at $8,697,764.96. The trade was a 46.75% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last 90 days, insiders sold 12,113,977 shares of company stock worth $1,471,321,229. 42.00% of the stock is owned by corporate insiders.

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).