Vise Technologies Inc. Acquires 4,981 Shares of Dell Technologies Inc. (NYSE:DELL)

Vise Technologies Inc. increased its holdings in Dell Technologies Inc. (NYSE:DELL - Free Report) by 69.0% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 12,204 shares of the technology company's stock after purchasing an additional 4,981 shares during the quarter. Vise Technologies Inc.'s holdings in Dell Technologies were worth $1,406,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

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

Analyst Ratings Changes

Several analysts have weighed in on DELL shares. Barclays lifted their price objective on Dell Technologies from $115.00 to $116.00 and gave the company an "equal weight" rating in a research report on Friday, February 28th. JPMorgan Chase & Co. dropped their price target on Dell Technologies from $150.00 to $108.00 and set an "overweight" rating on the stock in a research report on Thursday, April 17th. TD Cowen dropped their price target on Dell Technologies from $128.00 to $120.00 and set a "hold" rating on the stock in a research report on Friday, February 28th. UBS Group dropped their price target on Dell Technologies from $158.00 to $150.00 and set a "buy" rating on the stock in a research report on Friday, February 28th. Finally, Citigroup boosted their price objective on shares of Dell Technologies from $105.00 to $128.00 and gave the stock a "buy" rating in a report on Friday, May 16th. Three equities research analysts have rated the stock with a hold rating and sixteen have assigned a buy rating to the stock. Based on data from MarketBeat, the company has an average rating of "Moderate Buy" and a consensus target price of $135.82.

Dell Technologies Price Performance

NYSE:DELL opened at $112.18 on Friday. The firm has a market capitalization of $78.28 billion, a price-to-earnings ratio of 19.82, a price-to-earnings-growth ratio of 1.10 and a beta of 0.99. Dell Technologies Inc. has a one year low of $66.25 and a one year high of $179.70. The business has a fifty day moving average price of $93.58 and a 200-day moving average price of $108.10.

Dell Technologies Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, May 2nd. Stockholders of record on Tuesday, April 22nd were paid a $0.525 dividend. This represents a $2.10 annualized dividend and a dividend yield of 1.87%. This is a positive change from Dell Technologies's previous quarterly dividend of $0.45. The ex-dividend date of this dividend was Tuesday, April 22nd. Dell Technologies's dividend payout ratio is 33.76%.

Insider Transactions at Dell Technologies

In related news, CFO Yvonne Mcgill sold 8,000 shares of the company's stock in a transaction on Wednesday, May 14th. The shares were sold at an average price of $110.80, for a total value of $886,400.00. Following the completion of the transaction, the chief financial officer now owns 245,804 shares of the company's stock, valued at approximately $27,235,083.20. This represents a 3.15% decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through this link. Also, CAO Brunilda Rios sold 926 shares of the company's stock in a transaction on 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 directly owns 37,948 shares of the company's stock, valued at $3,540,168.92. This represents a 2.38% decrease in their position. The disclosure for this sale can be found here. 46.70% of the stock is currently owned by company insiders.

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).

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