NYSE:DELL - Free Report ) by 85.1% during the fourth quarter, according to its most recent filing with the SEC. The institutional investor owned 3,177 shares of the technology company's stock after selling 18,176 shares during the period. Bank Julius Baer & Co. Ltd Zurich's holdings in Dell Technologies were worth $243,000 as of its most recent SEC filing.
Get Dell Technologies alerts:
Sign Up
Other institutional investors have also added to or reduced their stakes in the company. Anchor Investment Management LLC bought a new position in Dell Technologies during the 4th quarter worth approximately $26,000. Pinnacle Bancorp Inc. lifted its stake in shares of Dell Technologies by 96.9% in the 4th quarter. Pinnacle Bancorp Inc. now owns 382 shares of the technology company's stock valued at $29,000 after purchasing an additional 188 shares during the period. Farmers & Merchants Trust Co of Chambersburg PA lifted its stake in shares of Dell Technologies by 454.5% in the 4th quarter. Farmers & Merchants Trust Co of Chambersburg PA now owns 488 shares of the technology company's stock valued at $37,000 after purchasing an additional 400 shares during the period. Castleview Partners LLC purchased a new position in Dell Technologies during the third quarter valued at $39,000. Finally, GPS Wealth Strategies Group LLC raised its stake in Dell Technologies by 1,456.4% during the fourth quarter. GPS Wealth Strategies Group LLC now owns 607 shares of the technology company's stock valued at $46,000 after buying an additional 568 shares during the last quarter. Hedge funds and other institutional investors own 38.10% of the company's stock.
Dell Technologies Stock Performance Shares of DELL stock traded up $0.15 during mid-day trading on Friday, hitting $125.06. 5,512,196 shares of the stock were exchanged, compared to its average volume of 8,052,664. The stock's fifty day simple moving average is $112.60 and its two-hundred day simple moving average is $88.37. The stock has a market capitalization of $89.27 billion, a price-to-earnings ratio of 28.62, a P/E/G ratio of 1.58 and a beta of 0.92. Dell Technologies Inc. has a 12-month low of $41.79 and a 12-month high of $136.16.
Dell Technologies (NYSE:DELL - Get Free Report ) last announced its earnings results on Thursday, February 29th. The technology company reported $2.20 earnings per share for the quarter, topping the consensus estimate of $1.73 by $0.47. The business had revenue of $22.32 billion during the quarter, compared to the consensus estimate of $22.17 billion. Dell Technologies had a net margin of 3.63% and a negative return on equity of 172.07%. The business's quarterly revenue was down 10.9% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $1.55 earnings per share. On average, research analysts expect that Dell Technologies Inc. will post 6.58 earnings per share for the current fiscal year.
Dell Technologies Increases Dividend The business also recently announced a quarterly dividend, which will be paid on Friday, May 3rd. Shareholders of record on Tuesday, April 23rd will be issued a $0.445 dividend. 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. This represents a $1.78 dividend on an annualized basis and a yield of 1.42%. Dell Technologies's dividend payout ratio (DPR) is 40.73%.
Insider Buying and Selling at Dell Technologies In other news, CEO Michael S. Dell sold 41,550 shares of the firm's stock in a transaction that occurred on Monday, March 18th. The shares were sold at an average price of $107.03, for a total transaction of $4,447,096.50. Following the completion of the transaction, the chief executive officer now directly owns 36,389,719 shares of the company's stock, valued at approximately $3,894,791,624.57. The sale was disclosed in a filing with the SEC, which is available at the SEC website . In other Dell Technologies news, CEO Michael S. Dell sold 41,550 shares of Dell Technologies stock in a transaction on Monday, March 18th. The shares were sold at an average price of $107.03, for a total value of $4,447,096.50. Following the transaction, the chief executive officer now owns 36,389,719 shares in the company, valued at approximately $3,894,791,624.57. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website . Also, General Counsel Richard J. Rothberg sold 93,954 shares of Dell Technologies stock in a transaction on Monday, April 8th. The shares were sold at an average price of $132.95, for a total transaction of $12,491,184.30. Following the transaction, the general counsel now owns 86,836 shares in the company, valued at approximately $11,544,846.20. The disclosure for this sale can be found here . Over the last three months, insiders sold 6,382,204 shares of company stock valued at $718,452,037. Corporate insiders own 48.60% of the company's stock.
Wall Street Analysts Forecast Growth A number of analysts recently commented on DELL shares. Morgan Stanley upped their price objective on Dell Technologies from $100.00 to $128.00 and gave the company an "overweight" rating in a research report on Friday, March 1st. Sanford C. Bernstein raised their price objective on Dell Technologies from $90.00 to $120.00 and gave the company an "outperform" rating in a research note on Friday, March 1st. Wells Fargo & Company increased their price target on Dell Technologies from $85.00 to $140.00 and gave the stock an "overweight" rating in a report on Friday, March 1st. The Goldman Sachs Group raised their price objective on Dell Technologies from $87.00 to $129.00 and gave the stock a "buy" rating in a report on Monday, March 4th. Finally, JPMorgan Chase & Co. lifted their price target on Dell Technologies from $90.00 to $100.00 and gave the company an "overweight" rating in a report on Thursday, February 22nd. One research analyst has rated the stock with a sell rating, one has assigned a hold rating and twelve have issued a buy rating to the company's stock. According to MarketBeat.com, the stock has a consensus rating of "Moderate Buy" and a consensus target price of $104.63.
Check Out Our Latest Stock Analysis on DELL
About Dell Technologies (
Free Report )
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).
Featured Stories
Before you consider Dell Technologies, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Dell Technologies wasn't on the list.
While Dell Technologies currently has a "Moderate Buy" rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Which stocks are major institutional investors including hedge funds and endowments buying in today's market? Click the link below and we'll send you MarketBeat's list of thirteen stocks that institutional investors are buying up as quickly as they can.
Get This Free Report
