Asset Management One Co. Ltd. Lowers Stock Holdings in Dell Technologies Inc. (NYSE:DELL)

Asset Management One Co. Ltd. lessened its position in Dell Technologies Inc. (NYSE:DELL - Free Report) by 3.1% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 122,303 shares of the technology company's stock after selling 3,913 shares during the quarter. Asset Management One Co. Ltd.'s holdings in Dell Technologies were worth $14,350,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors have also added to or reduced their stakes in the company. Byrne Asset Management LLC purchased a new stake in shares of Dell Technologies during the fourth quarter worth about $28,000. True Wealth Design LLC boosted its holdings in shares of Dell Technologies by 2,530.0% during the third quarter. True Wealth Design LLC now owns 263 shares of the technology company's stock worth $31,000 after purchasing an additional 253 shares during the period. MCF Advisors LLC lifted its holdings in Dell Technologies by 132.0% in the third quarter. MCF Advisors LLC now owns 290 shares of the technology company's stock worth $34,000 after buying an additional 165 shares during the period. Covestor Ltd lifted its holdings in Dell Technologies by 290.7% in the third quarter. Covestor Ltd now owns 293 shares of the technology company's stock worth $35,000 after buying an additional 218 shares during the period. Finally, Versant Capital Management Inc lifted its holdings in Dell Technologies by 54.7% in the fourth quarter. Versant Capital Management Inc now owns 314 shares of the technology company's stock worth $36,000 after buying an additional 111 shares during the period. Institutional investors own 76.37% of the company's stock.

Analyst Upgrades and Downgrades

DELL has been the subject of a number of research analyst reports. Evercore ISI reaffirmed an "outperform" rating and issued a $150.00 target price on shares of Dell Technologies in a research report on Wednesday, November 20th. Deutsche Bank Aktiengesellschaft cut their target price on shares of Dell Technologies from $144.00 to $142.00 and set a "buy" rating for the company in a research report on Monday, December 2nd. Citigroup cut their target price on shares of Dell Technologies from $160.00 to $156.00 and set a "buy" rating for the company in a research report on Wednesday, November 27th. Wells Fargo & Company lifted their price target on shares of Dell Technologies from $140.00 to $160.00 and gave the stock an "overweight" rating in a research note on Monday, November 18th. Finally, JPMorgan Chase & Co. dropped their price target on shares of Dell Technologies from $160.00 to $150.00 and set an "overweight" rating on the stock in a research note on Tuesday, February 11th. Three equities research analysts have rated the stock with a hold rating and sixteen have given a buy rating to the company. According to data from MarketBeat.com, Dell Technologies has an average rating of "Moderate Buy" and a consensus price target of $145.65.

Insider Transactions at Dell Technologies

In other news, Director Radakovich Lynn Vojvodich sold 725 shares of the business's stock in a transaction dated Wednesday, January 22nd. The shares were sold at an average price of $120.00, for a total value of $87,000.00. Following the sale, the director now directly owns 23,680 shares in the company, valued at $2,841,600. The trade was a 2.97 % decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. Also, Director Iv (Gp) L.L.C. Slta sold 499,045 shares of the business's stock in a transaction dated Wednesday, January 8th. The stock was sold at an average price of $119.73, for a total transaction of $59,750,657.85. Following the completion of the sale, the director now owns 810,657 shares in the company, valued at approximately $97,059,962.61. This trade represents a 38.10 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 945,407 shares of company stock worth $115,564,106 in the last three months. Insiders own 46.70% of the company's stock.

Dell Technologies Stock Down 0.8 %

NYSE DELL traded down $0.96 on Thursday, reaching $120.00. The company had a trading volume of 5,474,190 shares, compared to its average volume of 8,371,635. The stock has a market capitalization of $84.05 billion, a PE ratio of 21.20, a price-to-earnings-growth ratio of 1.08 and a beta of 0.90. The firm's 50 day moving average price is $113.11 and its 200 day moving average price is $117.40. Dell Technologies Inc. has a 12 month low of $80.49 and a 12 month high of $179.70.

Dell Technologies (NYSE:DELL - Get Free Report) last announced its quarterly earnings results on Tuesday, November 26th. The technology company reported $2.15 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $1.83 by $0.32. The company had revenue of $24.37 billion for the quarter, compared to the consensus estimate of $24.67 billion. Dell Technologies had a net margin of 4.36% and a negative return on equity of 191.91%. Dell Technologies's revenue for the quarter was up 9.5% compared to the same quarter last year. During the same period in the previous year, the firm posted $1.62 EPS. On average, research analysts expect that Dell Technologies Inc. will post 6.93 EPS for the current year.

Dell Technologies Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, January 31st. Shareholders of record on Wednesday, January 22nd were issued a $0.445 dividend. The ex-dividend date was Wednesday, January 22nd. This represents a $1.78 dividend on an annualized basis and a yield of 1.48%. Dell Technologies's dividend payout ratio is currently 31.45%.

About Dell Technologies

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).