Stamos Capital Partners L.P. Has $2.27 Million Stock Position in Dell Technologies Inc. (NYSE:DELL)

Stamos Capital Partners L.P. lessened its holdings in shares of Dell Technologies Inc. (NYSE:DELL - Free Report) by 34.8% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 19,700 shares of the technology company's stock after selling 10,500 shares during the quarter. Stamos Capital Partners L.P.'s holdings in Dell Technologies were worth $2,270,000 at the end of the most recent quarter.

A number of other large investors also recently made changes to their positions in DELL. Burns J W & Co. Inc. NY acquired a new stake in shares of Dell Technologies during the 4th quarter valued at $1,272,000. Sky Investment Group LLC purchased a new position in Dell Technologies in the fourth quarter valued at about $1,687,000. Enclave Advisors LLC acquired a new position in Dell Technologies in the 4th quarter worth about $848,000. Empowered Funds LLC raised its stake in shares of Dell Technologies by 12.9% during the 4th quarter. Empowered Funds LLC now owns 30,388 shares of the technology company's stock worth $3,502,000 after purchasing an additional 3,470 shares in the last quarter. Finally, Retirement Systems of Alabama acquired a new stake in shares of Dell Technologies during the 3rd quarter valued at about $7,435,000. Institutional investors and hedge funds own 76.37% of the company's stock.

Dell Technologies Stock Up 0.4 %

NYSE DELL traded up $0.37 during midday trading on Tuesday, hitting $85.56. The company had a trading volume of 5,692,722 shares, compared to its average volume of 10,385,535. The firm has a fifty day simple moving average of $97.36 and a two-hundred day simple moving average of $112.88. Dell Technologies Inc. has a fifty-two week low of $66.25 and a fifty-two week high of $179.70. The stock has a market cap of $59.71 billion, a price-to-earnings ratio of 15.12, a P/E/G ratio of 1.10 and a beta of 0.94.

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Dell Technologies Increases Dividend

The company also recently declared 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. This represents a $2.10 annualized dividend and a yield of 2.45%. This is a positive change from Dell Technologies's previous quarterly dividend of $0.45. The ex-dividend date of this dividend is Tuesday, April 22nd. Dell Technologies's payout ratio is currently 33.76%.

Analyst Ratings Changes

Several equities analysts recently weighed in on DELL shares. Loop Capital cut their price objective on shares of Dell Technologies from $185.00 to $130.00 and set a "buy" rating on the stock in a research report on Tuesday, March 4th. Barclays raised their price target on shares of Dell Technologies from $115.00 to $116.00 and gave the company an "equal weight" rating in a report on Friday, February 28th. Morgan Stanley decreased their price objective on shares of Dell Technologies from $154.00 to $128.00 and set an "overweight" rating for the company in a report on Thursday, February 13th. Citigroup cut their target price 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 lowered their price objective on Dell Technologies from $165.00 to $145.00 and set a "buy" rating on the stock in a report on Monday, March 3rd. Three equities research analysts have rated the stock with a hold rating and sixteen have given a buy rating to the company's stock. According to MarketBeat.com, Dell Technologies presently has an average rating of "Moderate Buy" and a consensus price target of $138.88.

Insider Buying and Selling at Dell Technologies

In other news, CAO Brunilda Rios sold 926 shares of the stock in a transaction on Friday, March 28th. The shares were sold at an average price of $93.29, for a total value of $86,386.54. Following the completion of the transaction, the chief accounting officer now owns 37,948 shares in the company, valued at approximately $3,540,168.92. This represents a 2.38 % decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, Director Radakovich Lynn Vojvodich sold 725 shares of Dell Technologies 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 sale, the director now owns 23,680 shares in the company, valued at approximately $2,841,600. This trade represents a 2.97 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders own 46.70% of the company's stock.

Dell Technologies 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).