Silver Lake Group L.L.C. Has $255,000 Stock Position in Dell Technologies Inc. (NYSE:DELL)

Key Points

• Silver Lake Group L.L.C. significantly reduced its stake in Dell Technologies, selling 39,456 shares and now holding only 2,800 shares valued at $255,000, which constitutes about 0.0% of its portfolio.
• Vanguard Group Inc. increased its stake in Dell Technologies by 4.1%, acquiring an additional 1,145,658 shares, now totaling over $2.65 billion in value.
• Dell Technologies has announced a quarterly dividend of $0.525 per share, which represents a 1.6% yield and a payout ratio of 33.49%.

Silver Lake Group L.L.C. lowered its holdings in shares of Dell Technologies Inc. (NYSE:DELL - Free Report) by 93.4% in the first quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 2,800 shares of the technology company's stock after selling 39,456 shares during the period. Dell Technologies comprises about 0.0% of Silver Lake Group L.L.C.'s portfolio, making the stock its 11th biggest holding. Silver Lake Group L.L.C.'s holdings in Dell Technologies were worth $255,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also bought and sold shares of DELL. Vanguard Group Inc. raised its stake in shares of Dell Technologies by 4.1% in the first quarter. Vanguard Group Inc. now owns 29,106,218 shares of the technology company's stock worth $2,653,032,000 after purchasing an additional 1,145,658 shares during the last quarter. Capital World Investors increased its position in 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. Northern Trust Corp increased its position in Dell Technologies by 16.1% in the fourth quarter. Northern Trust Corp now owns 3,317,258 shares of the technology company's stock worth $382,281,000 after buying an additional 460,483 shares during the last quarter. Janus Henderson Group PLC boosted its holdings in shares of 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 worth $348,814,000 after acquiring an additional 1,865,013 shares during the period. Finally, Invesco Ltd. boosted its stake in Dell Technologies by 2.4% during the fourth quarter. Invesco Ltd. now owns 2,450,065 shares of the technology company's stock valued at $282,346,000 after buying an additional 57,681 shares during the period. Institutional investors and hedge funds own 76.37% of the company's stock.

Dell Technologies Stock Up 0.2%

DELL stock opened at $130.46 on Wednesday. The stock has a market capitalization of $88.56 billion, a P/E ratio of 20.81, a P/E/G ratio of 1.06 and a beta of 1.02. The firm has a 50-day simple moving average of $121.80 and a 200-day simple moving average of $107.16. Dell Technologies Inc. has a 52 week low of $66.25 and a 52 week high of $147.66.

Dell Technologies (NYSE:DELL - Get Free Report) last posted its quarterly earnings results on Thursday, May 29th. The technology company reported $1.55 earnings per share for the quarter, missing the consensus estimate 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 analysts' expectations of $23.17 billion. During the same period last year, the company earned $1.27 EPS. The business's quarterly revenue was up 5.1% on a year-over-year basis. On average, analysts expect that Dell Technologies Inc. will post 6.93 earnings per share for the current year.

Dell Technologies Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, August 1st. Shareholders of record on Tuesday, July 22nd were given a $0.525 dividend. The ex-dividend date of this dividend was Tuesday, July 22nd. This represents a $2.10 dividend on an annualized basis and a dividend yield of 1.6%. Dell Technologies's dividend payout ratio is currently 33.49%.

Analyst Upgrades and Downgrades

Several equities research analysts have issued reports on DELL shares. Barclays lifted their price target on Dell Technologies from $116.00 to $123.00 and gave the stock an "equal weight" rating in a research note on Friday, May 30th. Evercore ISI restated an "outperform" rating on shares of Dell Technologies in a report on Thursday, May 29th. KeyCorp assumed coverage on Dell Technologies in a research report on Thursday, June 26th. They set a "sector weight" rating on the stock. JPMorgan Chase & Co. lifted their price objective on Dell Technologies from $125.00 to $145.00 and gave the company an "overweight" rating in a research report on Thursday, July 17th. Finally, Mizuho boosted their price target on Dell Technologies from $140.00 to $145.00 and gave the stock an "outperform" rating in a research report on Monday, May 19th. Five equities research analysts have rated the stock with a hold rating and sixteen have assigned a buy rating to the company's stock. Based on data from MarketBeat.com, the company has a consensus rating of "Moderate Buy" and a consensus price target of $140.06.

Insider Buying and Selling

In other Dell Technologies news, Director William D. Green sold 30,000 shares of the firm's stock in a transaction on Tuesday, July 29th. The shares were sold at an average price of $135.00, for a total transaction of $4,050,000.00. Following the transaction, the director directly owned 45,045 shares of the company's stock, valued at approximately $6,081,075. This trade represents a 39.98% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. Also, CAO Brunilda Rios sold 6,000 shares of the firm's stock in a transaction 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 transaction, the chief accounting officer directly owned 18,948 shares in the company, valued at $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. In the last 90 days, insiders sold 12,947,063 shares of company stock worth $1,577,559,812. Corporate insiders own 42.00% of the company's stock.

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).

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