Quantinno Capital Management LP Buys 5,967 Shares of Dell Technologies Inc. (NYSE:DELL)

Quantinno Capital Management LP boosted its holdings in Dell Technologies Inc. (NYSE:DELL - Free Report) by 11.5% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 57,713 shares of the technology company's stock after purchasing an additional 5,967 shares during the quarter. Quantinno Capital Management LP's holdings in Dell Technologies were worth $6,651,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors have also recently added to or reduced their stakes in DELL. Bellwether Advisors LLC acquired a new position in shares of Dell Technologies during the 4th quarter valued at $25,000. Vision Financial Markets LLC purchased a new position in Dell Technologies in the 4th quarter worth approximately $26,000. Lee Danner & Bass Inc. acquired a new stake in Dell Technologies in the fourth quarter valued at approximately $26,000. Byrne Asset Management LLC purchased a new stake in shares of Dell Technologies during the fourth quarter valued at approximately $28,000. Finally, Stonebridge Financial Group LLC purchased a new position in shares of Dell Technologies in the fourth quarter valued at $37,000. 76.37% of the stock is currently owned by hedge funds and other institutional investors.

Insiders Place Their Bets

In related news, CFO Yvonne Mcgill sold 8,000 shares of the stock in a transaction that occurred on Wednesday, May 14th. The stock was sold at an average price of $110.80, for a total transaction of $886,400.00. Following the completion of the sale, the chief financial officer now owns 245,804 shares in the company, valued at $27,235,083.20. This represents a 3.15% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, CAO Brunilda Rios sold 926 shares of Dell Technologies 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 completion of the transaction, the chief accounting officer now directly owns 37,948 shares in the company, valued at approximately $3,540,168.92. This represents a 2.38% decrease in their ownership of the stock. The disclosure for this sale can be found here. Company insiders own 46.70% of the company's stock.

Dell Technologies Trading Down 0.1%

NYSE DELL traded down $0.15 on Tuesday, reaching $114.13. The stock had a trading volume of 4,144,079 shares, compared to its average volume of 10,330,127. Dell Technologies Inc. has a 1 year low of $66.25 and a 1 year high of $179.70. The business has a 50 day moving average price of $92.21 and a 200 day moving average price of $108.31. The company has a market capitalization of $79.64 billion, a price-to-earnings ratio of 20.16, a P/E/G ratio of 1.10 and a beta of 0.99.

Dell Technologies Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, May 2nd. Investors of record on Tuesday, April 22nd were issued a $0.525 dividend. 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 1.84%. The ex-dividend date of this dividend was Tuesday, April 22nd. Dell Technologies's payout ratio is 33.76%.

Analyst Upgrades and Downgrades

A number of equities analysts have issued reports on the company. Mizuho upped their target price on Dell Technologies from $140.00 to $145.00 and gave the company an "outperform" rating in a research report on Monday. Citigroup boosted their target price on shares of Dell Technologies from $105.00 to $128.00 and gave the stock a "buy" rating in a research report on Friday. Loop Capital reduced their price target on shares of Dell Technologies from $185.00 to $130.00 and set a "buy" rating on the stock in a research report on Tuesday, March 4th. Barclays lifted their price objective on shares of Dell Technologies from $115.00 to $116.00 and gave the stock an "equal weight" rating in a report on Friday, February 28th. Finally, The Goldman Sachs Group reduced their price target on shares of Dell Technologies from $165.00 to $145.00 and set a "buy" rating on the stock in a research report on Monday, March 3rd. Three research analysts have rated the stock with a hold rating and sixteen have issued a buy rating to the company. According to data from MarketBeat, the company has a consensus rating of "Moderate Buy" and a consensus target price of $134.76.

Dell Technologies 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).