Lido Advisors LLC Grows Stock Holdings in Dell Technologies Inc. (NYSE:DELL)

Lido Advisors LLC raised its holdings in Dell Technologies Inc. (NYSE:DELL - Free Report) by 41.5% during the 4th quarter, according to the company in its most recent disclosure with the SEC. The firm owned 13,248 shares of the technology company's stock after buying an additional 3,888 shares during the quarter. Lido Advisors LLC's holdings in Dell Technologies were worth $1,527,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also bought and sold shares of the company. Northern Trust Corp grew its stake in Dell Technologies by 16.1% in the fourth quarter. Northern Trust Corp now owns 3,317,258 shares of the technology company's stock valued at $382,281,000 after acquiring an additional 460,483 shares during the period. The Manufacturers Life Insurance Company boosted its stake in shares of Dell Technologies by 362.4% in the 4th quarter. The Manufacturers Life Insurance Company now owns 807,576 shares of the technology company's stock worth $93,065,000 after buying an additional 632,941 shares during the last quarter. Bellwether Advisors LLC bought a new position in Dell Technologies in the 4th quarter valued at $25,000. Beacon Pointe Advisors LLC increased its holdings in Dell Technologies by 1.2% during the fourth quarter. Beacon Pointe Advisors LLC now owns 50,399 shares of the technology company's stock worth $5,808,000 after buying an additional 608 shares during the last quarter. Finally, Public Employees Retirement Association of Colorado increased its stake in shares of Dell Technologies by 14.4% during the 4th quarter. Public Employees Retirement Association of Colorado now owns 43,194 shares of the technology company's stock worth $4,978,000 after purchasing an additional 5,450 shares during the last quarter. 76.37% of the stock is owned by institutional investors.

Dell Technologies Stock Performance

Shares of NYSE DELL traded down $0.23 during mid-day trading on Monday, hitting $94.36. 4,932,682 shares of the stock traded hands, compared to its average volume of 10,406,222. Dell Technologies Inc. has a 52 week low of $66.25 and a 52 week high of $179.70. The company has a market cap of $65.85 billion, a price-to-earnings ratio of 16.67, a PEG ratio of 1.10 and a beta of 0.94. The stock has a fifty day moving average price of $90.95 and a 200-day moving average price of $109.88.

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 issued a $0.525 dividend. This represents a $2.10 dividend on an annualized basis and a yield of 2.23%. The ex-dividend date of this dividend was Tuesday, April 22nd. This is a boost from Dell Technologies's previous quarterly dividend of $0.45. Dell Technologies's dividend payout ratio is 33.76%.

Insider Buying and Selling

In other Dell Technologies news, CAO Brunilda Rios sold 926 shares of Dell Technologies stock in a transaction dated Friday, March 28th. The shares were sold at an average price of $93.29, for a total value 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 approximately $3,540,168.92. The trade was a 2.38 % decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. 46.70% of the stock is currently owned by company insiders.

Wall Street Analyst Weigh In

DELL has been the topic of several recent research reports. Evercore ISI dropped their price objective on shares of Dell Technologies from $145.00 to $120.00 and set an "outperform" rating on the stock in a report on Monday, April 28th. Citigroup decreased their target price on Dell Technologies from $145.00 to $105.00 and set a "buy" rating on the stock in a research note on Monday, April 14th. OTR Global upgraded shares of Dell Technologies from a "negative" rating to a "positive" rating in a research report on Wednesday, February 12th. Loop Capital dropped their target price on Dell Technologies from $185.00 to $130.00 and set a "buy" rating for the company in a research report on Tuesday, March 4th. Finally, JPMorgan Chase & Co. reduced their price objective on Dell Technologies from $150.00 to $108.00 and set an "overweight" rating on the stock in a research note on Thursday, April 17th. Three analysts have rated the stock with a hold rating and sixteen have assigned a buy rating to the company. According to MarketBeat.com, the stock currently has an average rating of "Moderate Buy" and a consensus price target of $134.65.

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).