Q Global Advisors LLC Makes New Investment in Dell Technologies Inc. (NYSE:DELL)

Q Global Advisors LLC acquired a new position in Dell Technologies Inc. (NYSE:DELL - Free Report) in the fourth quarter, according to its most recent Form 13F filing with the SEC. The institutional investor acquired 28,059 shares of the technology company's stock, valued at approximately $2,147,000. Dell Technologies makes up approximately 1.6% of Q Global Advisors LLC's holdings, making the stock its 10th biggest holding.

A number of other institutional investors and hedge funds have also added to or reduced their stakes in the business. Jones Financial Companies Lllp bought a new position in Dell Technologies during the 4th quarter valued at $25,000. Anchor Investment Management LLC bought a new stake in shares of Dell Technologies during the 4th quarter worth $26,000. Pinnacle Bancorp Inc. boosted its stake in shares of Dell Technologies by 96.9% during the 4th quarter. Pinnacle Bancorp Inc. now owns 382 shares of the technology company's stock worth $29,000 after acquiring an additional 188 shares in the last quarter. Farmers & Merchants Trust Co of Chambersburg PA boosted its stake in shares of Dell Technologies by 454.5% during the 4th quarter. Farmers & Merchants Trust Co of Chambersburg PA now owns 488 shares of the technology company's stock worth $37,000 after acquiring an additional 400 shares in the last quarter. Finally, Castleview Partners LLC purchased a new stake in shares of Dell Technologies in the third quarter valued at $39,000. 38.10% of the stock is owned by institutional investors.

Dell Technologies Price Performance

Shares of NYSE:DELL traded up $0.15 during trading on Friday, reaching $125.06. The stock had a trading volume of 5,512,196 shares, compared to its average volume of 8,052,664. Dell Technologies Inc. has a 52 week low of $41.79 and a 52 week high of $136.16. The business's 50-day moving average price is $112.60 and its 200 day moving average price is $88.25. The stock has a market capitalization of $89.27 billion, a PE ratio of 28.62, a P/E/G ratio of 1.58 and a beta of 0.92.

Dell Technologies (NYSE:DELL - Get Free Report) last posted its earnings results on Thursday, February 29th. The technology company reported $2.20 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $1.73 by $0.47. Dell Technologies had a net margin of 3.63% and a negative return on equity of 172.07%. The company had revenue of $22.32 billion during the quarter, compared to analysts' expectations of $22.17 billion. During the same quarter in the previous year, the company posted $1.55 earnings per share. Dell Technologies's quarterly revenue was down 10.9% compared to the same quarter last year. Analysts forecast that Dell Technologies Inc. will post 6.58 EPS for the current year.

Dell Technologies Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Friday, May 3rd. Investors of record on Tuesday, April 23rd will be given a $0.445 dividend. This represents a $1.78 annualized dividend and a yield of 1.42%. The ex-dividend date of this dividend is Monday, April 22nd. This is a boost from Dell Technologies's previous quarterly dividend of $0.37. Dell Technologies's payout ratio is 40.73%.

Insider Buying and Selling

In related news, insider Jennifer D. Saavedra sold 18,260 shares of the business's stock in a transaction that occurred on Wednesday, March 6th. The shares were sold at an average price of $120.10, for a total value of $2,193,026.00. Following the completion of the transaction, the insider now owns 206,961 shares in the company, valued at approximately $24,856,016.10. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. In other Dell Technologies news, CEO Michael S. Dell sold 624,450 shares of Dell Technologies stock in a transaction on Wednesday, March 6th. The shares were sold at an average price of $119.80, for a total transaction of $74,809,110.00. Following the completion of the sale, the chief executive officer now owns 39,787,791 shares of the company's stock, valued at approximately $4,766,577,361.80. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Also, insider Jennifer D. Saavedra sold 18,260 shares of Dell Technologies stock in a transaction on Wednesday, March 6th. The stock was sold at an average price of $120.10, for a total transaction of $2,193,026.00. Following the sale, the insider now directly owns 206,961 shares of the company's stock, valued at approximately $24,856,016.10. The disclosure for this sale can be found here. Insiders sold 6,382,204 shares of company stock worth $718,452,037 in the last quarter. Insiders own 48.60% of the company's stock.

Wall Street Analyst Weigh In

A number of analysts have recently issued reports on DELL shares. UBS Group increased their target price on Dell Technologies from $113.00 to $141.00 and gave the company a "buy" rating in a report on Friday, April 19th. Sanford C. Bernstein increased their price objective on Dell Technologies from $90.00 to $120.00 and gave the stock an "outperform" rating in a report on Friday, March 1st. Loop Capital started coverage on Dell Technologies in a report on Wednesday, February 28th. They set a "buy" rating and a $125.00 price objective for the company. Evercore ISI increased their price objective on Dell Technologies from $95.00 to $125.00 and gave the stock an "outperform" rating in a report on Friday, March 1st. Finally, Wells Fargo & Company raised their target price on Dell Technologies from $85.00 to $140.00 and gave the company an "overweight" rating in a report on Friday, March 1st. One analyst has rated the stock with a sell rating, one has issued a hold rating and twelve have issued a buy rating to the company's stock. Based on data from MarketBeat.com, Dell Technologies presently has an average rating of "Moderate Buy" and a consensus price target of $104.63.

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).