V (Gp) L.L.C. Slta Sells 173,100 Shares of Dell Technologies Inc. (NYSE:DELL) Stock

Dell Technologies Inc. (NYSE:DELL - Get Free Report) Director V (Gp) L.L.C. Slta sold 173,100 shares of Dell Technologies stock in a transaction that occurred on Tuesday, July 15th. The shares were sold at an average price of $126.01, for a total transaction of $21,812,331.00. Following the sale, the director owned 980,295 shares in the company, valued at approximately $123,526,972.95. The trade was a 15.01% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website.

V (Gp) L.L.C. Slta also recently made the following trade(s):

• On Thursday, July 17th, V (Gp) L.L.C. Slta sold 6,086 shares of Dell Technologies stock. The stock was sold at an average price of $123.50, for a total transaction of $751,621.00.
• On Wednesday, July 16th, V (Gp) L.L.C. Slta sold 3,900 shares of Dell Technologies stock. The stock was sold at an average price of $125.29, for a total transaction of $488,631.00.
• On Thursday, June 12th, V (Gp) L.L.C. Slta sold 527,187 shares of Dell Technologies stock. The stock was sold at an average price of $112.83, for a total transaction of $59,482,509.21.
• On Wednesday, June 11th, V (Gp) L.L.C. Slta sold 8,722 shares of Dell Technologies stock. The stock was sold at an average price of $114.12, for a total transaction of $995,354.64.
• On Monday, June 9th, V (Gp) L.L.C. Slta sold 453,321 shares of Dell Technologies stock. The stock was sold at an average price of $114.99, for a total transaction of $52,127,381.79.
• On Tuesday, June 10th, V (Gp) L.L.C. Slta sold 310,771 shares of Dell Technologies stock. The stock was sold at an average price of $113.99, for a total transaction of $35,424,786.29.

Dell Technologies Stock Up 0.2%

NYSE:DELL traded up $0.30 during mid-day trading on Thursday, reaching $123.87. The company's stock had a trading volume of 3,760,913 shares, compared to its average volume of 8,503,606. Dell Technologies Inc. has a 1 year low of $66.25 and a 1 year high of $147.66. The stock has a fifty day moving average of $116.07 and a 200-day moving average of $105.82. The firm has a market capitalization of $84.09 billion, a PE ratio of 19.76, a price-to-earnings-growth ratio of 1.14 and a beta of 1.02.

Dell Technologies (NYSE:DELL - Get Free Report) last released its quarterly earnings data on Thursday, May 29th. The technology company reported $1.55 earnings per share for the quarter, missing analysts' consensus estimates of $1.68 by ($0.13). The business had revenue of $23.38 billion during the quarter, compared to analysts' expectations of $23.17 billion. Dell Technologies had a negative return on equity of 226.48% and a net margin of 4.63%. The firm's revenue was up 5.1% compared to the same quarter last year. During the same period last year, the company earned $1.27 earnings per share. On average, analysts expect that Dell Technologies Inc. will post 6.93 earnings per share for the current year.

Dell Technologies Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Friday, August 1st. Shareholders of record on Tuesday, July 22nd will be given a dividend of $0.525 per share. This represents a $2.10 annualized dividend and a dividend yield of 1.70%. The ex-dividend date of this dividend is Tuesday, July 22nd. Dell Technologies's payout ratio is 33.49%.

Analysts Set New Price Targets

A number of research firms have weighed in on DELL. KeyCorp began coverage on shares of Dell Technologies in a research report on Thursday, June 26th. They set a "sector weight" rating on the stock. Mizuho boosted their price objective on shares of Dell Technologies from $140.00 to $145.00 and gave the company an "outperform" rating in a research report on Monday, May 19th. Barclays boosted their price objective on shares of Dell Technologies from $116.00 to $123.00 and gave the company an "equal weight" rating in a research report on Friday, May 30th. Raymond James Financial boosted their target price on shares of Dell Technologies from $144.00 to $150.00 and gave the company an "outperform" rating in a research note on Friday, May 30th. Finally, Morgan Stanley boosted their target price on shares of Dell Technologies from $89.00 to $126.00 and gave the company an "overweight" rating in a research note on Wednesday, May 21st. Five analysts have rated the stock with a hold rating and sixteen have assigned a buy rating to the company's stock. Based on data from MarketBeat.com, the stock currently has an average rating of "Moderate Buy" and a consensus target price of $139.18.

Hedge Funds Weigh In On Dell Technologies

Several hedge funds and other institutional investors have recently modified their holdings of DELL. Norges Bank acquired a new stake in shares of Dell Technologies during the 4th quarter worth approximately $455,029,000. Vanguard Group Inc. grew its stake in shares of Dell Technologies by 10.5% during the 4th quarter. Vanguard Group Inc. now owns 27,960,560 shares of the technology company's stock worth $3,222,175,000 after purchasing an additional 2,662,407 shares during the period. Michael & Susan Dell Foundation acquired a new stake in shares of Dell Technologies during the 4th quarter worth approximately $265,052,000. Janus Henderson Group PLC grew its stake in shares of Dell Technologies by 160.5% during the 4th quarter. Janus Henderson Group PLC now owns 3,027,066 shares of the technology company's stock worth $348,814,000 after purchasing an additional 1,865,013 shares during the period. Finally, Boston Partners grew its stake in shares of Dell Technologies by 34.4% during the 1st quarter. Boston Partners now owns 5,132,877 shares of the technology company's stock worth $466,418,000 after purchasing an additional 1,312,600 shares during the period. 76.37% of the stock is owned by hedge funds and other institutional investors.

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).