Commonwealth of Pennsylvania Public School Empls Retrmt SYS Has $7.53 Million Stock Holdings in Dell Technologies Inc. (NYSE:DELL)

Commonwealth of Pennsylvania Public School Empls Retrmt SYS lifted its position in Dell Technologies Inc. (NYSE:DELL - Free Report) by 4.3% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 65,312 shares of the technology company's stock after buying an additional 2,689 shares during the quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS's holdings in Dell Technologies were worth $7,527,000 as of its most recent SEC filing.

Other institutional investors have also added to or reduced their stakes in the company. Vision Financial Markets LLC bought a new position in shares of Dell Technologies in the 4th quarter valued at about $26,000. Byrne Asset Management LLC acquired a new position in Dell Technologies during the fourth quarter worth approximately $28,000. True Wealth Design LLC raised its stake in Dell Technologies by 2,530.0% in the third quarter. True Wealth Design LLC now owns 263 shares of the technology company's stock valued at $31,000 after buying an additional 253 shares during the period. Versant Capital Management Inc lifted its position in shares of Dell Technologies by 54.7% in the fourth quarter. Versant Capital Management Inc now owns 314 shares of the technology company's stock valued at $36,000 after buying an additional 111 shares during the last quarter. Finally, Stonebridge Financial Group LLC bought a new position in shares of Dell Technologies during the 4th quarter worth approximately $37,000. 76.37% of the stock is currently owned by institutional investors and hedge funds.

Insiders Place Their Bets

In related news, Director V (Gp) L.L.C. Slta sold 325,167 shares of the company's stock in a transaction that occurred on Monday, January 6th. The shares were sold at an average price of $124.52, for a total transaction of $40,489,794.84. Following the completion of the transaction, the director now directly owns 810,657 shares in the company, valued at $100,943,009.64. This represents a 28.63 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Also, Director Radakovich Lynn Vojvodich sold 725 shares of the firm's stock in a transaction that occurred on Wednesday, January 22nd. The shares were sold at an average price of $120.00, for a total transaction of $87,000.00. Following the completion of the sale, the director now owns 23,680 shares in the company, valued at $2,841,600. This represents a 2.97 % decrease in their position. The disclosure for this sale can be found here. Insiders sold 824,937 shares of company stock worth $100,327,453 over the last three months. Insiders own 46.70% of the company's stock.

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Wall Street Analysts Forecast Growth

Several equities research analysts have issued reports on the company. Bank of America cut their price target on Dell Technologies from $155.00 to $150.00 and set a "buy" rating for the company in a report on Tuesday, February 18th. Wells Fargo & Company reduced their target price on shares of Dell Technologies from $160.00 to $150.00 and set an "overweight" rating for the company in a report on Friday, February 28th. Citigroup decreased their price target on shares of Dell Technologies from $156.00 to $145.00 and set a "buy" rating on the stock in a research note on Friday, February 21st. Melius Research raised their price objective on shares of Dell Technologies from $140.00 to $155.00 and gave the stock a "buy" rating in a research report on Wednesday, November 27th. Finally, OTR Global raised Dell Technologies from a "negative" rating to a "positive" rating in a research report on Wednesday, February 12th. Three equities research 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, Dell Technologies currently has a consensus rating of "Moderate Buy" and an average price target of $141.24.

Dell Technologies Price Performance

DELL stock traded down $1.09 during midday trading on Tuesday, reaching $98.72. The company had a trading volume of 4,801,563 shares, compared to its average volume of 10,058,435. Dell Technologies Inc. has a 1-year low of $86.93 and a 1-year high of $179.70. The stock has a 50 day moving average price of $105.17 and a 200-day moving average price of $116.59. The company has a market capitalization of $69.15 billion, a price-to-earnings ratio of 17.44, a price-to-earnings-growth ratio of 1.10 and a beta of 0.83.

Dell Technologies Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Friday, May 2nd. Investors of record on Tuesday, April 22nd will be paid a $0.525 dividend. This represents a $2.10 dividend on an annualized basis and a yield of 2.13%. This is a boost from Dell Technologies's previous quarterly dividend of $0.45. The ex-dividend date is Tuesday, April 22nd. Dell Technologies's dividend payout ratio (DPR) is 33.76%.

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).