Dell Technologies Inc. (NYSE:DELL) Given Consensus Rating of "Moderate Buy" by Brokerages

Shares of Dell Technologies Inc. (NYSE:DELL - Get Free Report) have been assigned an average recommendation of "Moderate Buy" from the eighteen ratings firms that are covering the stock, MarketBeat Ratings reports. Three investment analysts have rated the stock with a hold rating and fifteen have assigned a buy rating to the company. The average 1 year target price among brokerages that have issued ratings on the stock in the last year is $148.06.

DELL has been the topic of a number of recent research reports. Barclays increased their price objective on shares of Dell Technologies from $106.00 to $115.00 and gave the company an "equal weight" rating in a research note on Wednesday, November 27th. Wells Fargo & Company increased their target price on Dell Technologies from $140.00 to $160.00 and gave the company an "overweight" rating in a research report on Monday, November 18th. Evercore ISI restated an "outperform" rating and set a $150.00 price objective on shares of Dell Technologies in a research note on Wednesday, November 20th. Mizuho cut their target price on Dell Technologies from $155.00 to $150.00 and set an "outperform" rating on the stock in a research note on Wednesday, November 27th. Finally, Deutsche Bank Aktiengesellschaft decreased their price target 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.

Insiders Place Their Bets

In related news, Director Iv (Gp) L.L.C. Slta sold 499,045 shares of the firm'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 sale, the director now directly owns 810,657 shares of the company's stock, valued at $97,059,962.61. This trade represents a 38.10 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, Director V (Gp) L.L.C. Slta sold 325,167 shares of the business'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 value of $40,489,794.84. Following the completion of the transaction, the director now directly owns 810,657 shares of the company's stock, valued at $100,943,009.64. The trade was a 28.63 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last ninety days, insiders sold 945,407 shares of company stock valued at $115,573,009. 46.70% of the stock is owned by insiders.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently added to or reduced their stakes in the company. Massachusetts Financial Services Co. MA lifted its position in shares of Dell Technologies by 10.1% during the 2nd quarter. Massachusetts Financial Services Co. MA now owns 63,304 shares of the technology company's stock valued at $8,730,000 after buying an additional 5,821 shares in the last quarter. Mercer Global Advisors Inc. ADV lifted its holdings in Dell Technologies by 12.7% during the second quarter. Mercer Global Advisors Inc. ADV now owns 53,079 shares of the technology company's stock valued at $7,320,000 after purchasing an additional 5,979 shares in the last quarter. Argent Trust Co increased its stake in shares of Dell Technologies by 95.8% during the second quarter. Argent Trust Co now owns 7,265 shares of the technology company's stock worth $1,002,000 after purchasing an additional 3,555 shares in the last quarter. Amalgamated Bank acquired a new position in shares of Dell Technologies during the 2nd quarter worth about $1,941,000. Finally, Vanguard Personalized Indexing Management LLC lifted its stake in Dell Technologies by 23.2% in the 2nd quarter. Vanguard Personalized Indexing Management LLC now owns 19,462 shares of the technology company's stock valued at $2,547,000 after buying an additional 3,660 shares in the last quarter. Hedge funds and other institutional investors own 76.37% of the company's stock.

Dell Technologies Trading Down 0.4 %

Shares of DELL traded down $0.46 during trading hours on Friday, reaching $109.65. 6,331,153 shares of the company traded hands, compared to its average volume of 5,041,827. The firm has a market cap of $76.81 billion, a price-to-earnings ratio of 19.37, a PEG ratio of 1.21 and a beta of 0.92. The stock's fifty day moving average price is $123.00 and its 200 day moving average price is $120.45. Dell Technologies has a 12-month low of $77.70 and a 12-month high of $179.70.

Dell Technologies (NYSE:DELL - Get Free Report) last posted its quarterly earnings results on Tuesday, November 26th. The technology company reported $2.15 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $1.83 by $0.32. The business had revenue of $24.37 billion for the quarter, compared to the consensus estimate of $24.67 billion. Dell Technologies had a negative return on equity of 191.91% and a net margin of 4.36%. The business's revenue was up 9.5% compared to the same quarter last year. During the same quarter in the prior year, the company earned $1.62 EPS. On average, research analysts forecast that Dell Technologies will post 6.92 earnings per share for the current year.

Dell Technologies Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Friday, January 31st. Investors of record on Wednesday, January 22nd will be given a $0.445 dividend. The ex-dividend date of this dividend is Wednesday, January 22nd. This represents a $1.78 dividend on an annualized basis and a yield of 1.62%. Dell Technologies's dividend payout ratio is currently 31.45%.

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).