Dell Technologies Inc. (NYSE:DELL) Shares Sold by Dodge & Cox

Dodge & Cox trimmed its position in shares of Dell Technologies Inc. (NYSE:DELL - Free Report) by 22.4% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 25,265 shares of the technology company's stock after selling 7,295 shares during the quarter. Dodge & Cox's holdings in Dell Technologies were worth $2,912,000 as of its most recent SEC filing.

Other large investors have also recently made changes to their positions in the company. Optimist Retirement Group LLC lifted its holdings 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 valued at $256,000 after purchasing an additional 463 shares in the last quarter. Orion Portfolio Solutions LLC lifted its position in Dell Technologies by 24.0% during the third quarter. Orion Portfolio Solutions LLC now owns 2,319 shares of the technology company's stock worth $275,000 after buying an additional 449 shares in the last quarter. Virtu Financial LLC acquired a new position in Dell Technologies during the third quarter worth $894,000. Morse Asset Management Inc grew its holdings in Dell Technologies by 180.1% in the 3rd quarter. Morse Asset Management Inc now owns 21,223 shares of the technology company's stock valued at $2,516,000 after buying an additional 13,646 shares in the last quarter. Finally, Wilmington Savings Fund Society FSB acquired a new position in shares of Dell Technologies during the 3rd quarter valued at about $198,000. 76.37% of the stock is currently owned by institutional investors and hedge funds.

Insider Buying and Selling

In other Dell Technologies news, CAO Brunilda Rios sold 926 shares of the firm's stock in a transaction dated 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 of the company's stock, valued at approximately $3,540,168.92. This trade represents a 2.38 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, 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 value of $87,000.00. Following the completion of the sale, the director now directly owns 23,680 shares of the company's stock, 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. 46.70% of the stock is owned by company insiders.

Analyst Upgrades and Downgrades

A number of analysts have recently issued reports on DELL shares. JPMorgan Chase & Co. cut their price target on shares of Dell Technologies from $150.00 to $108.00 and set an "overweight" rating for the company in a report on Thursday. Wells Fargo & Company reduced their price objective on shares of Dell Technologies from $160.00 to $150.00 and set an "overweight" rating on the stock in a report on Friday, February 28th. Bank of America lowered their target price on shares of Dell Technologies from $155.00 to $150.00 and set a "buy" rating for the company in a research note on Tuesday, February 18th. The Goldman Sachs Group decreased their price objective on shares of Dell Technologies from $165.00 to $145.00 and set a "buy" rating on the stock in a report on Monday, March 3rd. Finally, TD Cowen dropped their target price on shares of Dell Technologies from $128.00 to $120.00 and set a "hold" rating for the company in a report on Friday, February 28th. Three analysts have rated the stock with a hold rating and sixteen have issued a buy rating to the stock. According to data from MarketBeat.com, the stock currently has a consensus rating of "Moderate Buy" and a consensus price target of $136.41.

Dell Technologies Trading Up 1.8 %

Shares of DELL stock traded up $1.50 on Friday, reaching $84.86. 6,234,455 shares of the stock were exchanged, compared to its average volume of 10,407,282. The company has a market capitalization of $59.22 billion, a price-to-earnings ratio of 14.99, a PEG ratio of 1.10 and a beta of 0.94. The business's 50 day moving average price is $95.82 and its 200 day moving average price is $112.22. Dell Technologies Inc. has a twelve month low of $66.25 and a twelve month high of $179.70.

Dell Technologies Increases Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, May 2nd. Stockholders of record on Tuesday, April 22nd will be issued a $0.525 dividend. The ex-dividend date of this dividend is Tuesday, April 22nd. This represents a $2.10 dividend on an annualized basis and a dividend yield of 2.47%. This is an increase from Dell Technologies's previous quarterly dividend of $0.45. Dell Technologies's dividend payout ratio is presently 33.76%.

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).