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4,103 Shares in Dell Technologies Inc. (NYSE:DELL) Purchased by Sentinel Pension Advisors LLC

Dell Technologies logo with Computer and Technology background

Sentinel Pension Advisors LLC acquired a new stake in shares of Dell Technologies Inc. (NYSE:DELL - Free Report) during the 1st quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm acquired 4,103 shares of the technology company's stock, valued at approximately $374,000.

A number of other institutional investors have also recently added to or reduced their stakes in the business. Vanguard Group Inc. lifted its stake in shares of Dell Technologies by 10.5% in the 4th quarter. Vanguard Group Inc. now owns 27,960,560 shares of the technology company's stock valued at $3,222,175,000 after purchasing an additional 2,662,407 shares during the last quarter. Capital World Investors lifted its position in shares of Dell Technologies by 0.6% in the fourth quarter. Capital World Investors now owns 12,460,949 shares of the technology company's stock worth $1,436,000,000 after buying an additional 72,271 shares during the last quarter. Geode Capital Management LLC increased its holdings in shares of Dell Technologies by 8.7% during the 4th quarter. Geode Capital Management LLC now owns 6,870,042 shares of the technology company's stock valued at $789,680,000 after acquiring an additional 552,213 shares during the last quarter. Norges Bank bought a new position in shares of Dell Technologies in the 4th quarter valued at approximately $455,029,000. Finally, Northern Trust Corp lifted its holdings in Dell Technologies by 16.1% in the 4th quarter. Northern Trust Corp now owns 3,317,258 shares of the technology company's stock worth $382,281,000 after purchasing an additional 460,483 shares during the last quarter. 76.37% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

A number of research analysts have weighed in on the stock. UBS Group cut their target price on shares of Dell Technologies from $150.00 to $145.00 and set a "buy" rating for the company in a research report on Friday, May 30th. Wells Fargo & Company dropped their price target on Dell Technologies from $160.00 to $150.00 and set an "overweight" rating on the stock in a research report on Friday, February 28th. Morgan Stanley increased their price objective on Dell Technologies from $89.00 to $126.00 and gave the company an "overweight" rating in a research report on Wednesday, May 21st. The Goldman Sachs Group cut their target price on shares of Dell Technologies from $165.00 to $145.00 and set a "buy" rating for the company in a research note on Monday, March 3rd. Finally, TD Cowen boosted their price objective on shares of Dell Technologies from $120.00 to $125.00 and gave the stock a "hold" rating in a report on Friday, May 30th. Three analysts have rated the stock with a hold rating and sixteen have given a buy rating to the company's stock. According to MarketBeat.com, the stock has a consensus rating of "Moderate Buy" and a consensus target price of $138.00.

View Our Latest Stock Report on Dell Technologies

Dell Technologies Stock Performance

NYSE DELL traded up $0.52 during trading on Monday, reaching $114.27. 5,117,154 shares of the company traded hands, compared to its average volume of 9,441,500. The company has a market cap of $79.74 billion, a price-to-earnings ratio of 20.19, a P/E/G ratio of 1.10 and a beta of 1.01. Dell Technologies Inc. has a 1-year low of $66.25 and a 1-year high of $161.52. The stock's 50 day moving average price is $96.79 and its two-hundred day moving average price is $106.07.

Dell Technologies (NYSE:DELL - Get Free Report) last issued its quarterly earnings data 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 4.36% and a negative return on equity of 191.91%. The company had revenue of $23.38 billion for the quarter, compared to the consensus estimate of $23.17 billion. During the same period in the previous year, the business posted $1.27 earnings per share. The firm's revenue was up 5.1% compared to the same quarter last year. Equities research analysts expect that Dell Technologies Inc. will post 6.93 EPS for the current fiscal year.

Insiders Place Their Bets

In related news, CAO Brunilda Rios sold 926 shares of Dell Technologies stock in a transaction dated Friday, March 28th. The stock was sold at an average price of $93.29, for a total value of $86,386.54. Following the completion of the transaction, the chief accounting officer now directly owns 37,948 shares of the company's stock, valued at $3,540,168.92. The trade was a 2.38% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. Also, CFO Yvonne Mcgill sold 8,000 shares of the stock in a transaction dated Wednesday, May 14th. The stock was sold at an average price of $110.80, for a total transaction of $886,400.00. Following the sale, the chief financial officer now directly owns 245,804 shares in the company, valued at approximately $27,235,083.20. This represents a 3.15% decrease in their position. The disclosure for this sale can be found here. Over the last ninety days, insiders have sold 79,091 shares of company stock valued at $8,608,142. 42.00% of the stock is currently owned by insiders.

Dell Technologies Company Profile

(Free Report)

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).

See Also

Institutional Ownership by Quarter for Dell Technologies (NYSE:DELL)

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