Robeco Schweiz AG Purchases 14,700 Shares of Dell Technologies Inc. (NYSE:DELL)

Robeco Schweiz AG boosted its position in shares of Dell Technologies Inc. (NYSE:DELL - Free Report) by 19.3% in the 1st quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 91,000 shares of the technology company's stock after purchasing an additional 14,700 shares during the quarter. Robeco Schweiz AG's holdings in Dell Technologies were worth $8,295,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other large investors also recently added to or reduced their stakes in DELL. Norges Bank bought a new position in Dell Technologies in the fourth quarter valued at approximately $455,029,000. Vanguard Group Inc. grew its stake in shares of Dell Technologies by 10.5% during the fourth quarter. Vanguard Group Inc. now owns 27,960,560 shares of the technology company's stock worth $3,222,175,000 after purchasing an additional 2,662,407 shares during the period. Michael & Susan Dell Foundation bought a new stake in Dell Technologies in the fourth quarter valued at about $265,052,000. Janus Henderson Group PLC lifted its stake in Dell Technologies by 160.5% in the fourth quarter. Janus Henderson Group PLC now owns 3,027,066 shares of the technology company's stock valued at $348,814,000 after buying an additional 1,865,013 shares during the period. Finally, Ameriprise Financial Inc. grew its position in shares of Dell Technologies by 224.4% during the 4th quarter. Ameriprise Financial Inc. now owns 1,564,196 shares of the technology company's stock worth $180,257,000 after buying an additional 1,082,087 shares during the period. 76.37% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

A number of brokerages recently issued reports on DELL. UBS Group decreased their price objective on shares of Dell Technologies from $150.00 to $145.00 and set a "buy" rating for the company in a report on Friday, May 30th. TD Cowen lifted their price target on shares of Dell Technologies from $120.00 to $125.00 and gave the company a "hold" rating in a research note on Friday, May 30th. Citigroup raised their price objective on shares of Dell Technologies from $128.00 to $135.00 and gave the stock a "buy" rating in a report on Friday, May 30th. Evercore ISI reiterated an "outperform" rating on shares of Dell Technologies in a report on Thursday, May 29th. Finally, JPMorgan Chase & Co. boosted their price target on Dell Technologies from $111.00 to $125.00 and gave the company an "overweight" rating in a report on Friday, May 30th. Four research analysts have rated the stock with a hold rating and seventeen have assigned a buy rating to the company. According to MarketBeat.com, Dell Technologies currently has a consensus rating of "Moderate Buy" and an average price target of $138.00.

Dell Technologies Trading Up 1.1%

NYSE DELL opened at $127.97 on Friday. The firm has a market capitalization of $86.87 billion, a P/E ratio of 20.41, a price-to-earnings-growth ratio of 1.17 and a beta of 1.02. The firm's fifty day moving average price is $113.61 and its two-hundred day moving average price is $105.63. Dell Technologies Inc. has a 1 year low of $66.25 and a 1 year high of $147.66.

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

Dell Technologies Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Friday, August 1st. Investors 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 1.64%. The ex-dividend date is Tuesday, July 22nd. Dell Technologies's payout ratio is presently 33.49%.

Insiders Place Their Bets

In other news, Director Iv (Gp) L.L.C. Slta sold 625,000 shares of the stock in a transaction dated Thursday, June 26th. The shares were sold at an average price of $126.20, for a total value of $78,875,000.00. Following the transaction, the director directly owned 960,050 shares of the company's stock, valued at $121,158,310. This represents a 39.43% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, CAO Brunilda Rios sold 6,000 shares of Dell Technologies stock in a transaction dated 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 $2,392,942.92. The trade was a 24.05% decrease in their position. The disclosure for this sale can be found here. Insiders have sold 12,113,977 shares of company stock worth $1,471,321,229 in the last quarter. Company insiders own 42.00% of the company's stock.

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).

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