Dell Technologies (NYSE:DELL) Stock Price Up 0.2% - Should You Buy?

Dell Technologies Inc. (NYSE:DELL - Get Free Report)'s stock price was up 0.2% during mid-day trading on Friday . The company traded as high as $95.44 and last traded at $94.57. Approximately 1,102,496 shares were traded during trading, a decline of 89% from the average daily volume of 10,363,460 shares. The stock had previously closed at $94.40.

Wall Street Analyst Weigh In

A number of equities analysts have recently weighed in on DELL shares. UBS Group dropped their price target on shares of Dell Technologies from $158.00 to $150.00 and set a "buy" rating on the stock in a research note on Friday, February 28th. Barclays boosted their target price on shares of Dell Technologies from $115.00 to $116.00 and gave the stock an "equal weight" rating in a research report on Friday, February 28th. JPMorgan Chase & Co. lowered their price objective on shares of Dell Technologies from $150.00 to $108.00 and set an "overweight" rating on the stock in a research note on Thursday, April 17th. Citigroup cut their price target on Dell Technologies from $145.00 to $105.00 and set a "buy" rating for the company in a report on Monday, April 14th. Finally, OTR Global upgraded shares of Dell Technologies from a "negative" rating to a "positive" rating in a research report on Wednesday, February 12th. Three equities research analysts have rated the stock with a hold rating and sixteen have assigned a buy rating to the company's stock. According to data from MarketBeat.com, Dell Technologies presently has an average rating of "Moderate Buy" and a consensus target price of $136.41.

Dell Technologies Stock Up 0.6 %

The firm has a market capitalization of $66.30 billion, a price-to-earnings ratio of 16.79, a price-to-earnings-growth ratio of 1.10 and a beta of 0.94. The company's fifty day moving average is $93.29 and its two-hundred day moving average is $111.07.

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 issued a dividend of $0.525 per share. The ex-dividend date is Tuesday, April 22nd. This represents a $2.10 dividend on an annualized basis and a yield of 2.21%. This is a boost from Dell Technologies's previous quarterly dividend of $0.45. Dell Technologies's payout ratio is currently 33.76%.

Insider Activity

In other Dell Technologies news, CAO Brunilda Rios sold 926 shares of the stock in a transaction on Friday, March 28th. The stock was sold at an average price of $93.29, for a total transaction of $86,386.54. Following the transaction, the chief accounting officer now owns 37,948 shares in the company, valued at $3,540,168.92. This trade represents a 2.38 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. 46.70% of the stock is owned by corporate insiders.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently made changes to their positions in the business. Mather Group LLC. increased its stake in Dell Technologies by 113.3% during the 1st quarter. Mather Group LLC. now owns 1,043 shares of the technology company's stock worth $95,000 after acquiring an additional 554 shares during the period. Hixon Zuercher LLC bought a new stake in shares of Dell Technologies during the 1st quarter worth $2,608,000. Deseret Mutual Benefit Administrators grew its position in Dell Technologies by 59.0% in the first quarter. Deseret Mutual Benefit Administrators now owns 1,027 shares of the technology company's stock valued at $94,000 after acquiring an additional 381 shares during the last quarter. Smallwood Wealth Investment Management LLC bought a new position in shares of Dell Technologies in the first quarter worth about $25,000. Finally, Advisors Management Group Inc. ADV grew its holdings in shares of Dell Technologies by 63.5% during the 1st quarter. Advisors Management Group Inc. ADV now owns 31,245 shares of the technology company's stock valued at $2,848,000 after purchasing an additional 12,131 shares during the last quarter. Institutional investors and hedge funds own 76.37% of the company's stock.

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).