Oxford Asset Management LLP Has $907,000 Stock Position in Dell Technologies Inc. (NYSE:DELL)

Oxford Asset Management LLP boosted its stake in Dell Technologies Inc. (NYSE:DELL - Free Report) by 245.8% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 7,874 shares of the technology company's stock after buying an additional 5,597 shares during the period. Oxford Asset Management LLP's holdings in Dell Technologies were worth $907,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Burns J W & Co. Inc. NY bought a new stake in shares of Dell Technologies during the 4th quarter worth $1,272,000. Sky Investment Group LLC acquired a new position in shares of Dell Technologies in the 4th quarter valued at $1,687,000. Enclave Advisors LLC purchased a new position in Dell Technologies in the 4th quarter worth about $848,000. Empowered Funds LLC raised its holdings in Dell Technologies by 12.9% during the 4th quarter. Empowered Funds LLC now owns 30,388 shares of the technology company's stock worth $3,502,000 after buying an additional 3,470 shares during the period. Finally, Retirement Systems of Alabama purchased a new stake in shares of Dell Technologies in the 3rd quarter valued at approximately $7,435,000. 76.37% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

Several analysts recently issued reports on DELL shares. Barclays increased their price objective on Dell Technologies from $115.00 to $116.00 and gave the stock an "equal weight" rating in a report on Friday, February 28th. JPMorgan Chase & Co. cut their price objective on Dell Technologies from $150.00 to $108.00 and set an "overweight" rating for the company in a research report on Thursday, April 17th. Wells Fargo & Company lowered their target price on Dell Technologies from $160.00 to $150.00 and set an "overweight" rating on the stock in a report on Friday, February 28th. The Goldman Sachs Group cut their price target on Dell Technologies from $165.00 to $145.00 and set a "buy" rating for the company in a report on Monday, March 3rd. Finally, Morgan Stanley dropped their target price on shares of Dell Technologies from $154.00 to $128.00 and set an "overweight" rating on the stock in a research report on Thursday, February 13th. Three investment analysts have rated the stock with a hold rating and sixteen have issued a buy rating to the stock. According to MarketBeat.com, Dell Technologies presently has a consensus rating of "Moderate Buy" and an average target price of $134.65.

Dell Technologies Stock Down 3.5 %

DELL stock traded down $3.27 during midday trading on Wednesday, reaching $90.51. The company's stock had a trading volume of 5,627,528 shares, compared to its average volume of 10,363,569. Dell Technologies Inc. has a 52 week low of $66.25 and a 52 week high of $179.70. The business's 50-day simple moving average is $92.23 and its 200-day simple moving average is $110.72. The stock has a market cap of $63.16 billion, a PE ratio of 15.99, a price-to-earnings-growth ratio of 1.10 and a beta of 0.94.

Dell Technologies Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Friday, May 2nd. Shareholders of record on Tuesday, April 22nd will be issued a dividend of $0.525 per share. The ex-dividend date is Tuesday, April 22nd. This is a positive change from Dell Technologies's previous quarterly dividend of $0.45. This represents a $2.10 annualized dividend and a yield of 2.32%. Dell Technologies's payout ratio is currently 33.76%.

Insider Buying and Selling

In other Dell Technologies news, CAO Brunilda Rios sold 926 shares of the business's stock in a transaction that occurred 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 sale, the chief accounting officer now owns 37,948 shares in the company, valued at approximately $3,540,168.92. The trade was a 2.38 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. 46.70% of the stock is owned by company insiders.

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).