15,976 Shares in Dell Technologies Inc. (NYSE:DELL) Purchased by Altman Advisors Inc.

Altman Advisors Inc. acquired a new position in shares of Dell Technologies Inc. (NYSE:DELL - Free Report) during the 3rd quarter, according to its most recent Form 13F filing with the SEC. The firm acquired 15,976 shares of the technology company's stock, valued at approximately $1,894,000.

Several other hedge funds and other institutional investors also recently bought and sold shares of DELL. Capital World Investors acquired a new position in Dell Technologies during the first quarter worth about $835,946,000. International Assets Investment Management LLC raised its position in Dell Technologies by 19,376.1% during the third quarter. International Assets Investment Management LLC now owns 2,427,699 shares of the technology company's stock worth $287,779,000 after acquiring an additional 2,415,234 shares during the last quarter. DekaBank Deutsche Girozentrale raised its position in Dell Technologies by 83.4% during the first quarter. DekaBank Deutsche Girozentrale now owns 2,224,975 shares of the technology company's stock worth $250,676,000 after acquiring an additional 1,011,512 shares during the last quarter. Bank of New York Mellon Corp raised its position in Dell Technologies by 103.1% during the second quarter. Bank of New York Mellon Corp now owns 1,133,166 shares of the technology company's stock worth $156,275,000 after acquiring an additional 575,166 shares during the last quarter. Finally, Ceredex Value Advisors LLC acquired a new position in Dell Technologies during the third quarter worth about $65,280,000. 38.10% of the stock is owned by hedge funds and other institutional investors.

Analyst Ratings Changes

A number of equities analysts have recently weighed in on the stock. Evercore ISI reissued an "outperform" rating and issued a $150.00 price objective on shares of Dell Technologies in a research report on Wednesday. Wells Fargo & Company boosted their price objective on shares of Dell Technologies from $140.00 to $160.00 and gave the company an "overweight" rating in a research report on Monday. Deutsche Bank Aktiengesellschaft assumed coverage on shares of Dell Technologies in a research report on Friday, September 27th. They issued a "buy" rating and a $144.00 price objective for the company. TD Cowen cut their price objective on shares of Dell Technologies from $155.00 to $128.00 and set a "hold" rating for the company in a research report on Friday, August 30th. Finally, Barclays upped their price target on shares of Dell Technologies from $97.00 to $106.00 and gave the stock an "equal weight" rating in a research report on Friday, August 30th. Three analysts have rated the stock with a hold rating and fourteen have assigned a buy rating to the stock. According to MarketBeat.com, the stock presently has a consensus rating of "Moderate Buy" and a consensus target price of $146.50.

Insider Activity at Dell Technologies

In other Dell Technologies news, Director Radakovich Lynn Vojvodich sold 725 shares of the business's stock in a transaction dated Tuesday, October 15th. The shares were sold at an average price of $129.50, for a total value of $93,887.50. Following the completion of the sale, the director now directly owns 23,680 shares of the company's stock, valued at $3,066,560. The trade was a 2.97 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, CEO Michael S. Dell sold 1,839,959 shares of the company's stock in a transaction that occurred on Monday, September 9th. The stock was sold at an average price of $106.68, for a total transaction of $196,286,826.12. Following the completion of the sale, the chief executive officer now directly owns 18,350,822 shares of the company's stock, valued at $1,957,665,690.96. The trade was a 9.11 % decrease in their position. The disclosure for this sale can be found here. Insiders sold 17,954,112 shares of company stock valued at $2,113,449,139 over the last 90 days. Corporate insiders own 46.70% of the company's stock.

Dell Technologies Trading Down 1.5 %

Dell Technologies stock traded down $1.97 during trading on Wednesday, hitting $133.93. 4,799,630 shares of the company were exchanged, compared to its average volume of 10,023,793. The company has a market capitalization of $94.07 billion, a P/E ratio of 24.57, a PEG ratio of 1.39 and a beta of 0.89. The business's 50 day moving average is $124.21 and its 200 day moving average is $126.62. Dell Technologies Inc. has a 52 week low of $67.51 and a 52 week high of $179.70.

Dell Technologies (NYSE:DELL - Get Free Report) last announced its earnings results on Thursday, August 29th. The technology company reported $1.89 earnings per share for the quarter, topping analysts' consensus estimates of $1.49 by $0.40. Dell Technologies had a negative return on equity of 178.09% and a net margin of 4.32%. The business had revenue of $25.03 billion for the quarter, compared to analyst estimates of $24.14 billion. During the same period in the prior year, the company earned $1.44 EPS. The company's quarterly revenue was up 9.1% compared to the same quarter last year. Equities analysts expect that Dell Technologies Inc. will post 6.92 EPS for the current year.

Dell Technologies Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Friday, November 1st. Investors of record on Tuesday, October 22nd were given a dividend of $0.445 per share. This represents a $1.78 annualized dividend and a dividend yield of 1.33%. The ex-dividend date of this dividend was Tuesday, October 22nd. Dell Technologies's dividend payout ratio (DPR) is currently 32.72%.

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).