Universal Beteiligungs und Servicegesellschaft mbH Has $24.86 Million Position in Dell Technologies Inc. (NYSE:DELL)

Universal Beteiligungs und Servicegesellschaft mbH cut its stake in Dell Technologies Inc. (NYSE:DELL - Free Report) by 18.3% during the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 272,739 shares of the technology company's stock after selling 61,031 shares during the period. Universal Beteiligungs und Servicegesellschaft mbH's holdings in Dell Technologies were worth $24,860,000 as of its most recent SEC filing.

A number of other hedge funds also recently added to or reduced their stakes in DELL. Brighton Jones LLC boosted its position in shares of Dell Technologies by 42.7% during the fourth quarter. Brighton Jones LLC now owns 3,011 shares of the technology company's stock worth $347,000 after buying an additional 901 shares during the period. Proficio Capital Partners LLC bought a new stake in Dell Technologies during the 4th quarter valued at $237,000. Thrivent Financial for Lutherans boosted its position in Dell Technologies by 6.1% during the 4th quarter. Thrivent Financial for Lutherans now owns 14,868 shares of the technology company's stock worth $1,713,000 after acquiring an additional 860 shares during the period. American Century Companies Inc. grew its stake in shares of Dell Technologies by 6.3% in the fourth quarter. American Century Companies Inc. now owns 26,199 shares of the technology company's stock worth $3,019,000 after purchasing an additional 1,555 shares in the last quarter. Finally, Vanguard Group Inc. increased its holdings 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 valued at $3,222,175,000 after purchasing an additional 2,662,407 shares during the period. 76.37% of the stock is currently owned by institutional investors.

Dell Technologies Stock Up 2.2%

Shares of Dell Technologies stock traded up $2.85 during trading on Friday, hitting $131.20. The stock had a trading volume of 4,298,756 shares, compared to its average volume of 4,652,753. The company has a market capitalization of $89.06 billion, a PE ratio of 20.92, a P/E/G ratio of 1.06 and a beta of 1.02. Dell Technologies Inc. has a 1 year low of $66.25 and a 1 year high of $147.66. The stock has a 50 day simple moving average of $119.18 and a 200 day simple moving average of $106.19.

Dell Technologies (NYSE:DELL - Get Free Report) last posted its quarterly earnings data 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). The firm had revenue of $23.38 billion for the quarter, compared to analysts' expectations of $23.17 billion. Dell Technologies had a negative return on equity of 226.48% and a net margin of 4.63%. The company's revenue for the quarter was up 5.1% on a year-over-year basis. During the same quarter in the previous year, the firm posted $1.27 earnings per share. As a group, equities analysts expect that Dell Technologies Inc. will post 6.93 earnings per share for the current fiscal year.

Dell Technologies Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, August 1st. Investors of record on Tuesday, July 22nd will be paid a $0.525 dividend. This represents a $2.10 annualized dividend and a yield of 1.60%. The ex-dividend date is Tuesday, July 22nd. Dell Technologies's dividend payout ratio is currently 33.49%.

Insider Activity

In related news, CAO Brunilda Rios sold 6,000 shares of the business's stock in a transaction that occurred on Thursday, June 26th. The shares were 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 of the company's stock, valued at approximately $2,392,942.92. The trade was a 24.05% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, Director William D. Green sold 20,000 shares of the stock in a transaction that occurred on Friday, July 18th. The stock was sold at an average price of $130.00, for a total transaction of $2,600,000.00. Following the completion of the sale, the director owned 45,045 shares of the company's stock, valued at approximately $5,855,850. The trade was a 30.75% decrease in their position. The disclosure for this sale can be found here. In the last three months, insiders sold 12,917,063 shares of company stock worth $1,573,509,812. Corporate insiders own 42.00% of the company's stock.

Analysts Set New Price Targets

DELL has been the subject of several research analyst reports. Mizuho upped their price objective on shares of Dell Technologies from $140.00 to $145.00 and gave the stock an "outperform" rating in a report on Monday, May 19th. KeyCorp assumed coverage on shares of Dell Technologies in a report on Thursday, June 26th. They issued a "sector weight" rating for the company. TD Cowen upped their target price on Dell Technologies from $120.00 to $125.00 and gave the stock a "hold" rating in a research report on Friday, May 30th. Citigroup lifted their price target on Dell Technologies from $128.00 to $135.00 and gave the company a "buy" rating in a research report on Friday, May 30th. Finally, JPMorgan Chase & Co. upped their price objective on Dell Technologies from $125.00 to $145.00 and gave the company an "overweight" rating in a report on Thursday, July 17th. Five investment analysts have rated the stock with a hold rating and sixteen have issued a buy rating to the company's stock. According to data from MarketBeat.com, Dell Technologies currently has a consensus rating of "Moderate Buy" and an average price target of $140.06.

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).