Toronto Dominion Bank Decreases Stock Holdings in Dell Technologies Inc. (NYSE:DELL)

Toronto Dominion Bank lowered its stake in shares of Dell Technologies Inc. (NYSE:DELL - Free Report) by 30.7% in the 4th quarter, according to the company in its most recent disclosure with the SEC. The firm owned 105,077 shares of the technology company's stock after selling 46,468 shares during the quarter. Toronto Dominion Bank's holdings in Dell Technologies were worth $12,109,000 as of its most recent SEC filing.

Other institutional investors also recently added to or reduced their stakes in the company. Bellwether Advisors LLC bought a new position in Dell Technologies during the fourth quarter worth about $25,000. Vision Financial Markets LLC bought a new position in Dell Technologies during the fourth quarter worth about $26,000. Lee Danner & Bass Inc. bought a new position in Dell Technologies during the fourth quarter worth about $26,000. Byrne Asset Management LLC purchased a new stake in shares of Dell Technologies in the fourth quarter worth about $28,000. Finally, Stonebridge Financial Group LLC purchased a new stake in shares of Dell Technologies in the fourth quarter worth about $37,000. Institutional investors own 76.37% of the company's stock.

Insider Buying and Selling

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

Dell Technologies Trading Down 2.1%

Shares of DELL stock traded down $2.42 during trading hours on Friday, hitting $111.21. 19,189,102 shares of the company's stock were exchanged, compared to its average volume of 9,803,194. The company has a market capitalization of $77.61 billion, a PE ratio of 19.65, a PEG ratio of 1.10 and a beta of 0.99. Dell Technologies Inc. has a 12-month low of $66.25 and a 12-month high of $161.52. The business's 50 day simple moving average is $95.00 and its 200-day simple moving average is $106.89.

Dell Technologies (NYSE:DELL - Get Free Report) last issued its earnings results on Thursday, May 29th. The technology company reported $1.55 EPS for the quarter, missing the consensus estimate of $1.68 by ($0.13). Dell Technologies had a negative return on equity of 191.91% and a net margin of 4.36%. The firm had revenue of $23.38 billion during the quarter, compared to analysts' expectations of $23.17 billion. During the same period in the previous year, the firm earned $1.27 earnings per share. The firm's quarterly revenue was up 5.1% compared to the same quarter last year. Equities analysts anticipate that Dell Technologies Inc. will post 6.93 EPS for the current year.

Wall Street Analyst Weigh In

A number of equities research analysts have recently issued reports on the stock. Evercore ISI reissued an "outperform" rating on shares of Dell Technologies in a report on Thursday. Bank of America lowered their price target on shares of Dell Technologies from $155.00 to $150.00 and set a "buy" rating on the stock in a report on Tuesday, February 18th. Raymond James increased their price target on shares of Dell Technologies from $144.00 to $150.00 and gave the stock an "outperform" rating in a report on Friday. Citigroup raised their target price on shares of Dell Technologies from $128.00 to $135.00 and gave the company a "buy" rating in a research note on Friday. Finally, UBS Group lowered their target price on shares of Dell Technologies from $150.00 to $145.00 and set a "buy" rating on the stock in a research note on Friday. Three equities research analysts have rated the stock with a hold rating and sixteen have issued a buy rating to the company's stock. According to MarketBeat, the stock currently has a consensus rating of "Moderate Buy" and an average price target of $138.00.

About Dell Technologies

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).