Dell Technologies Inc. (NYSE:DELL) Holdings Raised by Invesco Ltd.

Invesco Ltd. grew its holdings in Dell Technologies Inc. (NYSE:DELL - Free Report) by 2.4% in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 2,450,065 shares of the technology company's stock after buying an additional 57,681 shares during the quarter. Invesco Ltd. owned 0.35% of Dell Technologies worth $282,346,000 as of its most recent SEC filing.

A number of other institutional investors have also recently added to or reduced their stakes in DELL. Vision Financial Markets LLC acquired a new stake in Dell Technologies during the fourth quarter worth about $26,000. Lee Danner & Bass Inc. purchased a new stake in Dell Technologies in the fourth quarter valued at $26,000. Byrne Asset Management LLC purchased a new stake in Dell Technologies in the 4th quarter valued at about $28,000. Versant Capital Management Inc boosted its stake in Dell Technologies by 54.7% during the fourth quarter. Versant Capital Management Inc now owns 314 shares of the technology company's stock worth $36,000 after buying an additional 111 shares during the period. Finally, Stonebridge Financial Group LLC purchased a new stake in shares of Dell Technologies in the 4th quarter valued at approximately $37,000. Institutional investors and hedge funds own 76.37% of the company's stock.

Dell Technologies Stock Up 0.5 %

Shares of DELL traded up $0.40 during mid-day trading on Tuesday, reaching $85.59. 2,655,772 shares of the company's stock were exchanged, compared to its average volume of 10,359,602. The company has a market cap of $59.73 billion, a price-to-earnings ratio of 15.11, a PEG ratio of 1.10 and a beta of 0.94. The company has a 50-day simple moving average of $97.77 and a two-hundred day simple moving average of $113.07. Dell Technologies Inc. has a 52-week low of $66.25 and a 52-week high of $179.70.

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Dell Technologies Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Friday, May 2nd. Investors of record on Tuesday, April 22nd will be issued a $0.525 dividend. This is a positive change from Dell Technologies's previous quarterly dividend of $0.45. The ex-dividend date is Tuesday, April 22nd. This represents a $2.10 annualized dividend and a yield of 2.45%. Dell Technologies's dividend payout ratio (DPR) is presently 33.76%.

Analyst Upgrades and Downgrades

Several research analysts have recently commented on DELL shares. Loop Capital lowered their price target on Dell Technologies from $185.00 to $130.00 and set a "buy" rating for the company in a research report on Tuesday, March 4th. Barclays boosted their price objective on Dell Technologies from $115.00 to $116.00 and gave the stock an "equal weight" rating in a research report on Friday, February 28th. OTR Global upgraded shares of Dell Technologies from a "negative" rating to a "positive" rating in a report on Wednesday, February 12th. Citigroup dropped their price objective on Dell Technologies from $145.00 to $105.00 and set a "buy" rating on the stock in a report on Monday. Finally, The Goldman Sachs Group reduced their price objective on shares of 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 assigned a buy rating to the company. According to MarketBeat.com, Dell Technologies has a consensus rating of "Moderate Buy" and a consensus target price of $138.88.

Insider Buying and Selling

In related news, Director Radakovich Lynn Vojvodich sold 725 shares of the business's stock in a transaction dated 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 of the company's stock, valued at $2,841,600. This represents a 2.97 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, CAO Brunilda Rios sold 926 shares of the company's stock in a transaction on Friday, March 28th. The stock was sold at an average price of $93.29, for a total value of $86,386.54. Following the transaction, the chief accounting officer now owns 37,948 shares of the company's stock, valued at approximately $3,540,168.92. The trade was a 2.38 % decrease in their ownership of the stock. The disclosure for this sale can be found here. 46.70% of the stock is owned by corporate insiders.

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).