Nissay Asset Management Corp Japan ADV Acquires 4,106 Shares of Dell Technologies Inc. (NYSE:DELL)

Nissay Asset Management Corp Japan ADV grew its holdings in Dell Technologies Inc. (NYSE:DELL - Free Report) by 11.9% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 38,682 shares of the technology company's stock after acquiring an additional 4,106 shares during the quarter. Nissay Asset Management Corp Japan ADV's holdings in Dell Technologies were worth $4,539,000 at the end of the most recent reporting period.

Other large investors also recently modified their holdings of the company. Brookstone Capital Management boosted its position in shares of Dell Technologies by 448.0% during the fourth quarter. Brookstone Capital Management now owns 16,599 shares of the technology company's stock worth $1,913,000 after buying an additional 13,570 shares during the period. Wedmont Private Capital bought a new stake in shares of Dell Technologies in the 4th quarter valued at about $247,000. Fiduciary Financial Group LLC bought a new position in Dell Technologies during the fourth quarter worth about $298,000. Park Avenue Securities LLC lifted its position in shares of Dell Technologies by 33.8% in the fourth quarter. Park Avenue Securities LLC now owns 4,395 shares of the technology company's stock valued at $506,000 after buying an additional 1,110 shares during the last quarter. Finally, Burney Co. acquired a new stake in shares of Dell Technologies in the fourth quarter valued at approximately $1,779,000. 76.37% of the stock is currently owned by institutional investors.

Dell Technologies Price Performance

Shares of DELL traded down $0.04 during trading hours on Monday, hitting $114.15. The stock had a trading volume of 4,589,025 shares, compared to its average volume of 10,355,751. Dell Technologies Inc. has a 1-year low of $66.25 and a 1-year high of $179.70. The firm has a market capitalization of $79.66 billion, a P/E ratio of 20.17, a price-to-earnings-growth ratio of 1.10 and a beta of 0.99. The firm has a 50 day simple moving average of $91.82 and a 200-day simple moving average of $108.43.

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 dividend yield of 1.84%. This is a positive change from Dell Technologies's previous quarterly dividend of $0.45. The ex-dividend date was Tuesday, April 22nd. Dell Technologies's dividend payout ratio (DPR) is 33.76%.

Insider Buying and Selling at Dell Technologies

In other news, CAO Brunilda Rios sold 926 shares of the firm's stock in a transaction on 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 transaction, the chief accounting officer now directly owns 37,948 shares of the company's stock, valued at $3,540,168.92. This trade represents a 2.38% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. 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 value of $886,400.00. Following the sale, the chief financial officer now owns 245,804 shares in the company, valued at approximately $27,235,083.20. This 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.

Wall Street Analysts Forecast Growth

A number of analysts have recently issued reports on the company. Loop Capital cut their price objective 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. Citigroup boosted their price target on Dell Technologies from $105.00 to $128.00 and gave the company a "buy" rating in a research note on Friday. Barclays boosted their target price 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. Bank of America lowered their target price on shares of Dell Technologies from $155.00 to $150.00 and set a "buy" rating on the stock in a report on Tuesday, February 18th. Finally, Mizuho increased their target price on Dell Technologies from $140.00 to $145.00 and gave the stock an "outperform" rating in a report on Monday. Three analysts have rated the stock with a hold rating and sixteen have assigned a buy rating to the company. Based on data from MarketBeat, Dell Technologies presently has a consensus rating of "Moderate Buy" and a consensus price target of $134.76.

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).