UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC Has $256.43 Million Holdings in Dell Technologies Inc. (NYSE:DELL)

UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC grew its position in Dell Technologies Inc. (NYSE:DELL - Free Report) by 19.1% during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 2,225,212 shares of the technology company's stock after purchasing an additional 357,422 shares during the quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC owned approximately 0.32% of Dell Technologies worth $256,433,000 as of its most recent filing with the SEC.

Several other large investors also recently modified their holdings of the company. Bellwether Advisors LLC acquired a new position in Dell Technologies in the fourth quarter valued at approximately $25,000. Vision Financial Markets LLC acquired a new position in shares of Dell Technologies during the 4th quarter valued at $26,000. Lee Danner & Bass Inc. bought a new position in Dell Technologies during the fourth quarter worth $26,000. Byrne Asset Management LLC acquired a new stake in Dell Technologies in the fourth quarter worth $28,000. Finally, Stonebridge Financial Group LLC bought a new stake in Dell Technologies in the fourth quarter valued at $37,000. 76.37% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

A number of research firms have recently issued reports on DELL. Mizuho increased their price objective on shares of Dell Technologies from $140.00 to $145.00 and gave the stock an "outperform" rating in a research report on Monday. TD Cowen cut their price target on Dell Technologies from $128.00 to $120.00 and set a "hold" rating on the stock in a report on Friday, February 28th. Citigroup boosted their price objective on Dell Technologies from $105.00 to $128.00 and gave the company a "buy" rating in a report on Friday, May 16th. Bank of America cut their target price on Dell Technologies from $155.00 to $150.00 and set a "buy" rating on the stock in a report on Tuesday, February 18th. Finally, Barclays lifted their price target on shares of Dell Technologies from $115.00 to $116.00 and gave the company an "equal weight" rating in a research report on Friday, February 28th. Three analysts have rated the stock with a hold rating and sixteen have assigned a buy rating to the stock. According to MarketBeat, the stock has an average rating of "Moderate Buy" and a consensus price target of $134.65.

Insider Activity

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 sale, the chief accounting officer now owns 37,948 shares of the company's stock, valued at approximately $3,540,168.92. This trade represents a 2.38% decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, 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 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 trade represents a 3.15% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders own 46.70% of the company's stock.

Dell Technologies Stock Down 2.0%

Dell Technologies stock opened at $112.00 on Thursday. Dell Technologies Inc. has a 52 week low of $66.25 and a 52 week high of $179.70. The company's 50 day moving average price is $92.97 and its two-hundred day moving average price is $108.37. The stock has a market cap of $78.16 billion, a P/E ratio of 19.79, a P/E/G ratio of 1.10 and a beta of 0.99.

Dell Technologies Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Friday, May 2nd. Shareholders of record on Tuesday, April 22nd were paid a $0.525 dividend. This represents a $2.10 dividend on an annualized basis and a yield of 1.88%. The ex-dividend date of this dividend was Tuesday, April 22nd. This is an increase from Dell Technologies's previous quarterly dividend of $0.45. Dell Technologies's dividend payout ratio is 33.76%.

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).

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.