Dell Technologies Inc. (NYSE:DELL) Stake Raised by Woodmont Investment Counsel LLC

Woodmont Investment Counsel LLC boosted its holdings in Dell Technologies Inc. (NYSE:DELL - Free Report) by 24.0% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 60,465 shares of the technology company's stock after buying an additional 11,709 shares during the period. Woodmont Investment Counsel LLC's holdings in Dell Technologies were worth $6,968,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently modified their holdings of the company. Optimist Retirement Group LLC increased its position in Dell Technologies by 27.3% during the third quarter. Optimist Retirement Group LLC now owns 2,157 shares of the technology company's stock worth $256,000 after purchasing an additional 463 shares during the last quarter. Thrivent Financial for Lutherans increased its holdings in shares of Dell Technologies by 529.6% during the 3rd quarter. Thrivent Financial for Lutherans now owns 14,008 shares of the technology company's stock worth $1,661,000 after buying an additional 11,783 shares during the last quarter. Quest Partners LLC boosted its holdings in Dell Technologies by 17.0% in the third quarter. Quest Partners LLC now owns 1,383 shares of the technology company's stock valued at $164,000 after acquiring an additional 201 shares during the last quarter. Pathstone Holdings LLC grew its position in Dell Technologies by 3.7% during the third quarter. Pathstone Holdings LLC now owns 32,078 shares of the technology company's stock valued at $3,803,000 after acquiring an additional 1,136 shares during the period. Finally, PNC Financial Services Group Inc. increased its stake in Dell Technologies by 29.5% during the third quarter. PNC Financial Services Group Inc. now owns 49,071 shares of the technology company's stock worth $5,817,000 after acquiring an additional 11,189 shares during the last quarter. Institutional investors and hedge funds own 76.37% of the company's stock.

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Dell Technologies Trading Down 1.1 %

Dell Technologies stock traded down $1.09 during midday trading on Tuesday, hitting $98.72. The stock had a trading volume of 4,801,563 shares, compared to its average volume of 10,079,763. The stock has a market cap of $69.15 billion, a P/E ratio of 17.44, a P/E/G ratio of 1.10 and a beta of 0.83. The business has a fifty day moving average price of $105.17 and a 200 day moving average price of $116.59. Dell Technologies Inc. has a 12 month low of $86.93 and a 12 month high of $179.70.

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 dividend of $0.525 per share. The ex-dividend date is Tuesday, April 22nd. This is a boost from Dell Technologies's previous quarterly dividend of $0.45. This represents a $2.10 annualized dividend and a yield of 2.13%. Dell Technologies's dividend payout ratio (DPR) is 33.76%.

Insider Buying and Selling at Dell Technologies

In other Dell Technologies news, Director V (Gp) L.L.C. Slta sold 325,167 shares of the stock in a transaction on Monday, January 6th. The stock was sold at an average price of $124.52, for a total value of $40,489,794.84. Following the sale, the director now directly owns 810,657 shares of the company's stock, valued at $100,943,009.64. This trade represents a 28.63 % decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, Director Radakovich Lynn Vojvodich sold 725 shares of the firm's stock in a transaction on Wednesday, January 22nd. The shares were sold at an average price of $120.00, for a total value 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. The trade was a 2.97 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 824,937 shares of company stock worth $100,327,453 over the last 90 days. Insiders own 46.70% of the company's stock.

Wall Street Analysts Forecast Growth

A number of analysts have recently issued reports on the company. Wells Fargo & Company decreased their target price on Dell Technologies from $160.00 to $150.00 and set an "overweight" rating for the company in a report on Friday, February 28th. Barclays boosted their price objective on shares of Dell Technologies from $115.00 to $116.00 and gave the stock an "equal weight" rating in a research note on Friday, February 28th. Melius Research raised their target price on shares of Dell Technologies from $140.00 to $155.00 and gave the company a "buy" rating in a research note on Wednesday, November 27th. Deutsche Bank Aktiengesellschaft lowered their price target on Dell Technologies from $144.00 to $142.00 and set a "buy" rating for the company in a report on Monday, December 2nd. Finally, The Goldman Sachs Group decreased their target price on Dell Technologies from $165.00 to $145.00 and set a "buy" rating for the company in a research report on Monday, March 3rd. Three research analysts have rated the stock with a hold rating and sixteen have given a buy rating to the stock. According to MarketBeat, the stock has an average rating of "Moderate Buy" and a consensus target price of $141.24.

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).