Charles Schwab Investment Management Inc. Has $204.54 Million Stake in Dell Technologies Inc. (NYSE:DELL)

Charles Schwab Investment Management Inc. raised its holdings in Dell Technologies Inc. (NYSE:DELL - Free Report) by 1.8% during the third quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 1,725,473 shares of the technology company's stock after buying an additional 29,717 shares during the quarter. Charles Schwab Investment Management Inc. owned 0.25% of Dell Technologies worth $204,538,000 at the end of the most recent quarter.

A number of other large investors also recently modified their holdings of the business. International Assets Investment Management LLC raised its stake in shares of Dell Technologies by 19,376.1% in the third quarter. International Assets Investment Management LLC now owns 2,427,699 shares of the technology company's stock valued at $287,779,000 after purchasing an additional 2,415,234 shares in the last quarter. DekaBank Deutsche Girozentrale lifted its holdings in shares of Dell Technologies by 2.3% during the 2nd quarter. DekaBank Deutsche Girozentrale now owns 2,276,779 shares of the technology company's stock worth $319,771,000 after acquiring an additional 51,804 shares during the period. Bahl & Gaynor Inc. boosted its position in shares of Dell Technologies by 4.1% during the 2nd quarter. Bahl & Gaynor Inc. now owns 1,408,807 shares of the technology company's stock valued at $194,289,000 after acquiring an additional 55,763 shares in the last quarter. Bank of New York Mellon Corp increased its stake in Dell Technologies by 103.1% in the second quarter. Bank of New York Mellon Corp now owns 1,133,166 shares of the technology company's stock valued at $156,275,000 after acquiring an additional 575,166 shares during the period. Finally, Swiss National Bank raised its position in Dell Technologies by 7.3% in the third quarter. Swiss National Bank now owns 835,308 shares of the technology company's stock worth $99,017,000 after purchasing an additional 57,100 shares in the last quarter. 38.10% of the stock is currently owned by institutional investors and hedge funds.

Insider Transactions at Dell Technologies

In related news, Director Radakovich Lynn Vojvodich sold 725 shares of Dell Technologies stock in a transaction that occurred on Tuesday, October 15th. The stock was sold at an average price of $129.50, for a total value of $93,887.50. Following the sale, the director now owns 23,680 shares of the company's stock, valued at approximately $3,066,560. This trade represents a 2.97 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, CEO Michael S. Dell sold 1,839,959 shares of the business's stock in a transaction dated 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 sale, the chief executive officer now directly owns 18,350,822 shares in the company, valued at $1,957,665,690.96. This trade represents a 9.11 % decrease in their ownership of the stock. 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 quarter. Corporate insiders own 46.70% of the company's stock.

Analysts Set New Price Targets

Several equities research analysts have recently weighed in on the stock. Morgan Stanley upped their target price on shares of Dell Technologies from $136.00 to $154.00 and gave the stock an "overweight" rating in a report on Monday, November 11th. Bank of America lifted their target price on shares of Dell Technologies from $150.00 to $155.00 and gave the company a "buy" rating in a research note on Friday, August 30th. Mizuho started coverage on Dell Technologies in a research report on Tuesday, September 17th. They set an "outperform" rating and a $135.00 price target on the stock. Citigroup boosted their price objective on Dell Technologies from $155.00 to $160.00 and gave the stock a "buy" rating in a research note on Friday, August 30th. Finally, Barclays lifted their price target on Dell Technologies from $97.00 to $106.00 and gave the company an "equal weight" rating in a report on Friday, August 30th. Three investment analysts have rated the stock with a hold rating and fourteen have issued a buy rating to the company. Based on data from MarketBeat, Dell Technologies presently has a consensus rating of "Moderate Buy" and a consensus price target of $146.50.

Dell Technologies Price Performance

DELL traded up $5.29 during mid-day trading on Friday, hitting $144.21. The stock had a trading volume of 7,688,618 shares, compared to its average volume of 6,948,951. Dell Technologies Inc. has a 1-year low of $67.51 and a 1-year high of $179.70. The firm has a market capitalization of $101.29 billion, a price-to-earnings ratio of 26.51, a price-to-earnings-growth ratio of 1.46 and a beta of 0.89. The stock's fifty day simple moving average is $125.84 and its 200-day simple moving average is $126.86.

Dell Technologies (NYSE:DELL - Get Free Report) last posted its earnings results on Thursday, August 29th. The technology company reported $1.89 earnings per share (EPS) for the quarter, beating 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 firm had revenue of $25.03 billion during the quarter, compared to analysts' expectations of $24.14 billion. During the same period in the previous year, the firm earned $1.44 earnings per share. The company's revenue was up 9.1% on a year-over-year basis. As a group, research analysts expect that Dell Technologies Inc. will post 6.91 earnings per share for the current fiscal year.

Dell Technologies Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Friday, November 1st. Shareholders of record on Tuesday, October 22nd were paid a $0.445 dividend. This represents a $1.78 dividend on an annualized basis and a yield of 1.23%. The ex-dividend date of this dividend was Tuesday, October 22nd. Dell Technologies's payout ratio is currently 32.72%.

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).