TKG Advisors LLC Buys 9,355 Shares of Dell Technologies Inc. (NYSE:DELL)

TKG Advisors LLC raised its position in shares of Dell Technologies Inc. (NYSE:DELL - Free Report) by 102.8% during the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 18,455 shares of the technology company's stock after buying an additional 9,355 shares during the quarter. TKG Advisors LLC's holdings in Dell Technologies were worth $2,099,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also made changes to their positions in the company. Byrne Asset Management LLC bought a new position in Dell Technologies in the fourth quarter worth about $28,000. True Wealth Design LLC boosted its position in Dell Technologies by 2,530.0% during the 3rd quarter. True Wealth Design LLC now owns 263 shares of the technology company's stock valued at $31,000 after purchasing an additional 253 shares during the period. MCF Advisors LLC grew its stake in Dell Technologies by 132.0% during the 3rd quarter. MCF Advisors LLC now owns 290 shares of the technology company's stock worth $34,000 after buying an additional 165 shares during the last quarter. Covestor Ltd increased its position in Dell Technologies by 290.7% in the third quarter. Covestor Ltd now owns 293 shares of the technology company's stock worth $35,000 after buying an additional 218 shares during the period. Finally, Versant Capital Management Inc lifted its stake in 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. 76.37% of the stock is owned by institutional investors and hedge funds.

Analysts Set New Price Targets

Several research firms have recently commented on DELL. Melius Research upped their price target 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. JPMorgan Chase & Co. dropped their price target on shares of Dell Technologies from $160.00 to $150.00 and set an "overweight" rating on the stock in a research note on Tuesday, February 11th. Morgan Stanley reduced their price objective on Dell Technologies from $154.00 to $128.00 and set an "overweight" rating for the company in a research report on Thursday, February 13th. Deutsche Bank Aktiengesellschaft cut their target price on Dell Technologies from $144.00 to $142.00 and set a "buy" rating on the stock in a research note on Monday, December 2nd. Finally, Wells Fargo & Company lifted their price objective on shares of Dell Technologies from $140.00 to $160.00 and gave the company an "overweight" rating in a research note on Monday, November 18th. Three investment analysts have rated the stock with a hold rating and sixteen have issued a buy rating to the company. Based on data from MarketBeat.com, Dell Technologies currently has a consensus rating of "Moderate Buy" and an average price target of $145.00.

Insider Buying and Selling at Dell Technologies

In related news, CFO Yvonne Mcgill sold 8,000 shares of the business's stock in a transaction that occurred on Monday, December 2nd. The stock was sold at an average price of $125.82, for a total value of $1,006,560.00. Following the completion of the sale, the chief financial officer now owns 228,419 shares of the company's stock, valued at approximately $28,739,678.58. The trade was a 3.38 % decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through this link. Also, Director V (Gp) L.L.C. Slta sold 103,745 shares of the stock in a transaction that occurred on Friday, December 6th. The stock was sold at an average price of $125.28, for a total value of $12,997,173.60. Following the completion of the transaction, the director now owns 777,347 shares in the company, valued at $97,386,032.16. This represents a 11.77 % decrease in their position. The disclosure for this sale can be found here. Insiders sold 937,407 shares of company stock valued at $114,418,186 in the last quarter. Company insiders own 46.70% of the company's stock.

Dell Technologies Stock Down 1.9 %

Shares of DELL traded down $2.23 during mid-day trading on Friday, reaching $117.66. The company's stock had a trading volume of 5,654,105 shares, compared to its average volume of 8,291,970. Dell Technologies Inc. has a 1 year low of $85.40 and a 1 year high of $179.70. The company has a market cap of $82.41 billion, a price-to-earnings ratio of 20.79, a price-to-earnings-growth ratio of 1.11 and a beta of 0.90. The business has a fifty day moving average of $113.12 and a 200 day moving average of $117.42.

Dell Technologies (NYSE:DELL - Get Free Report) last announced its quarterly earnings data on Tuesday, November 26th. The technology company reported $2.15 EPS for the quarter, topping analysts' consensus estimates of $1.83 by $0.32. The firm had revenue of $24.37 billion during the quarter, compared to analyst estimates 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 quarterly revenue was up 9.5% compared to the same quarter last year. During the same period last year, the company posted $1.62 EPS. On average, analysts predict that Dell Technologies Inc. will post 6.93 earnings per share for the current year.

Dell Technologies Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Friday, January 31st. Shareholders of record on Wednesday, January 22nd were paid a $0.445 dividend. The ex-dividend date of this dividend was Wednesday, January 22nd. This represents a $1.78 annualized dividend and a yield of 1.51%. Dell Technologies's dividend payout ratio is presently 31.45%.

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).