Blair William & Co. IL Decreases Stock Holdings in Dell Technologies Inc. (NYSE:DELL)

Blair William & Co. IL decreased its position in shares of Dell Technologies Inc. (NYSE:DELL - Free Report) by 55.3% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 70,615 shares of the technology company's stock after selling 87,361 shares during the period. Blair William & Co. IL's holdings in Dell Technologies were worth $8,138,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds have also added to or reduced their stakes in DELL. Vision Financial Markets LLC bought a new stake in shares of Dell Technologies during the 4th quarter valued at 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 bought a new stake in shares of Dell Technologies during the fourth quarter worth $28,000. True Wealth Design LLC increased 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 buying an additional 253 shares in the last quarter. Finally, Versant Capital Management Inc boosted its holdings in shares of Dell Technologies by 54.7% during the 4th quarter. Versant Capital Management Inc now owns 314 shares of the technology company's stock valued at $36,000 after acquiring an additional 111 shares in the last quarter. 76.37% of the stock is owned by institutional investors.

Insider Activity

In other news, Director Iv (Gp) L.L.C. Slta sold 499,045 shares of Dell Technologies stock in a transaction dated Wednesday, January 8th. The shares were sold at an average price of $119.73, for a total transaction of $59,750,657.85. Following the completion of the transaction, the director now directly owns 810,657 shares in the company, valued at $97,059,962.61. This trade represents a 38.10 % decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, Director V (Gp) L.L.C. Slta sold 325,167 shares of Dell Technologies stock in a transaction dated Monday, January 6th. The shares were sold at an average price of $124.52, for a total value of $40,489,794.84. Following the transaction, the director now owns 810,657 shares of the company's stock, valued at $100,943,009.64. This trade represents a 28.63 % decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 824,937 shares of company stock worth $100,327,453 in the last three months. Company insiders own 46.70% of the company's stock.

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Dell Technologies Price Performance

Shares of Dell Technologies stock traded down $1.14 during trading on Monday, reaching $91.15. 7,260,827 shares of the company traded hands, compared to its average volume of 10,248,166. The firm has a market capitalization of $63.85 billion, a PE ratio of 16.10, a P/E/G ratio of 1.10 and a beta of 0.83. The company has a 50 day moving average price of $104.31 and a 200-day moving average price of $116.33. Dell Technologies Inc. has a 1-year low of $86.93 and a 1-year high of $179.70.

Dell Technologies Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Friday, May 2nd. Stockholders of record on Tuesday, April 22nd will be given a dividend of $0.525 per share. This represents a $2.10 dividend on an annualized basis and a dividend yield of 2.30%. The ex-dividend date of this dividend is Tuesday, April 22nd. This is a boost from Dell Technologies's previous quarterly dividend of $0.45. Dell Technologies's dividend payout ratio is 33.76%.

Wall Street Analyst Weigh In

A number of equities analysts have issued reports on DELL shares. Deutsche Bank Aktiengesellschaft lowered their target price on Dell Technologies from $144.00 to $142.00 and set a "buy" rating for the company in a report on Monday, December 2nd. Bank of America dropped their price objective on shares of Dell Technologies from $155.00 to $150.00 and set a "buy" rating for the company in a report on Tuesday, February 18th. Morgan Stanley reduced their target price on shares of Dell Technologies from $154.00 to $128.00 and set an "overweight" rating on the stock in a report on Thursday, February 13th. UBS Group dropped their price target on shares of Dell Technologies from $158.00 to $150.00 and set a "buy" rating for the company in a research note on Friday, February 28th. Finally, OTR Global raised shares of Dell Technologies from a "negative" rating to a "positive" rating in a research note on Wednesday, February 12th. Three analysts have rated the stock with a hold rating and sixteen have assigned a buy rating to the stock. According to data from MarketBeat.com, the stock presently has an average rating of "Moderate Buy" and a consensus price target of $141.24.

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).