U.S. Capital Wealth Advisors LLC Sells 18,164 Shares of Dell Technologies Inc. (NYSE:DELL)

U.S. Capital Wealth Advisors LLC decreased its holdings in Dell Technologies Inc. (NYSE:DELL - Free Report) by 74.0% during the 1st quarter, according to the company in its most recent disclosure with the SEC. The fund owned 6,386 shares of the technology company's stock after selling 18,164 shares during the quarter. U.S. Capital Wealth Advisors LLC's holdings in Dell Technologies were worth $582,000 as of its most recent SEC filing.

Several other hedge funds have also recently added to or reduced their stakes in the business. Bellwether Advisors LLC purchased a new position in Dell Technologies during the 4th quarter worth approximately $25,000. Lee Danner & Bass Inc. acquired a new stake in shares of Dell Technologies during the 4th quarter valued at $26,000. Smallwood Wealth Investment Management LLC acquired a new stake in shares of Dell Technologies during the 1st quarter valued at $25,000. Crowley Wealth Management Inc. boosted its stake in shares of Dell Technologies by 86.2% during the 1st quarter. Crowley Wealth Management Inc. now owns 324 shares of the technology company's stock valued at $30,000 after buying an additional 150 shares during the period. Finally, McIlrath & Eck LLC boosted its stake in shares of Dell Technologies by 155.8% during the 4th quarter. McIlrath & Eck LLC now owns 330 shares of the technology company's stock valued at $38,000 after buying an additional 201 shares during the period. Institutional investors and hedge funds own 76.37% of the company's stock.

Wall Street Analyst Weigh In

Several research firms recently issued reports on DELL. Evercore ISI reaffirmed an "outperform" rating on shares of Dell Technologies in a research note on Thursday, May 29th. Raymond James Financial lifted their price objective on shares of Dell Technologies from $144.00 to $150.00 and gave the company an "outperform" rating in a research note on Friday, May 30th. Barclays lifted their price objective on shares of Dell Technologies from $116.00 to $123.00 and gave the company an "equal weight" rating in a research note on Friday, May 30th. Wall Street Zen lowered shares of Dell Technologies from a "buy" rating to a "hold" rating in a research note on Monday. Finally, UBS Group reduced their price objective on shares of Dell Technologies from $150.00 to $145.00 and set a "buy" rating for the company in a research note on Friday, May 30th. Five equities research analysts have rated the stock with a hold rating and sixteen have given a buy rating to the company's stock. According to data from MarketBeat.com, the stock presently has a consensus rating of "Moderate Buy" and a consensus target price of $138.00.

Insiders Place Their Bets

In related news, Director Radakovich Lynn Vojvodich sold 2,900 shares of the company's stock in a transaction dated Tuesday, June 24th. The shares were sold at an average price of $120.00, for a total value of $348,000.00. Following the sale, the director owned 23,680 shares of the company's stock, valued at $2,841,600. The trade was a 10.91% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, Director Lake Group L.L.C. Silver sold 10,681 shares of the company's stock in a transaction dated Tuesday, June 24th. The shares were sold at an average price of $120.33, for a total transaction of $1,285,244.73. Following the completion of the sale, the director directly owned 938,741 shares in the company, valued at approximately $112,958,704.53. The trade was a 1.13% decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 12,113,977 shares of company stock valued at $1,471,321,229 over the last 90 days. Company insiders own 42.00% of the company's stock.

Dell Technologies Stock Performance

Shares of NYSE:DELL traded down $1.09 on Monday, hitting $125.74. 3,619,662 shares of the company were exchanged, compared to its average volume of 8,597,353. The company's 50 day moving average price is $114.25 and its two-hundred day moving average price is $105.50. Dell Technologies Inc. has a one year low of $66.25 and a one year high of $147.66. The firm has a market capitalization of $85.36 billion, a price-to-earnings ratio of 20.05, a PEG ratio of 1.17 and a beta of 1.02.

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 (EPS) for the quarter, missing the consensus estimate of $1.68 by ($0.13). Dell Technologies had a negative return on equity of 226.48% and a net margin of 4.63%. The company had revenue of $23.38 billion for the quarter, compared to the consensus estimate of $23.17 billion. During the same quarter in the previous year, the firm posted $1.27 EPS. The business's revenue for the quarter was up 5.1% compared to the same quarter last year. Research analysts predict that Dell Technologies Inc. will post 6.93 earnings per share for the current year.

Dell Technologies Dividend Announcement

The firm also recently announced 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. The ex-dividend date is Tuesday, July 22nd. This represents a $2.10 dividend on an annualized basis and a yield of 1.67%. Dell Technologies's payout ratio is currently 33.49%.

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).