Dell Technologies Inc. (NYSE:DELL) Shares Sold by First Pacific Advisors LP

First Pacific Advisors LP decreased its position in Dell Technologies Inc. (NYSE:DELL - Free Report) by 3.2% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 418,505 shares of the technology company's stock after selling 13,721 shares during the quarter. First Pacific Advisors LP owned 0.06% of Dell Technologies worth $48,229,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors have also bought and sold shares of DELL. Vision Financial Markets LLC purchased a new stake in Dell Technologies in the 4th quarter worth about $26,000. Byrne Asset Management LLC bought a new stake in Dell Technologies during the 4th quarter valued at $28,000. True Wealth Design LLC grew its stake in Dell Technologies by 2,530.0% in the third 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 last quarter. Covestor Ltd raised its stake in shares of Dell Technologies by 290.7% during the 3rd quarter. Covestor Ltd now owns 293 shares of the technology company's stock worth $35,000 after acquiring an additional 218 shares in the last quarter. Finally, Versant Capital Management Inc lifted its holdings in shares of Dell Technologies by 54.7% during the 4th quarter. Versant Capital Management Inc now owns 314 shares of the technology company's stock valued at $36,000 after purchasing an additional 111 shares during the last quarter. Institutional investors own 76.37% of the company's stock.

Insider Buying and Selling at Dell Technologies

In other news, Director Radakovich Lynn Vojvodich sold 725 shares of Dell Technologies stock in a transaction dated Wednesday, January 22nd. The stock was 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. The trade was a 2.97 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, Director V (Gp) L.L.C. Slta sold 325,167 shares of the business's stock in a transaction that occurred on Monday, January 6th. The shares were sold at an average price of $124.52, for a total value of $40,489,794.84. Following the completion of the sale, the director now owns 810,657 shares of the company's stock, valued at approximately $100,943,009.64. This represents a 28.63 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold 825,662 shares of company stock valued at $100,414,453 in the last quarter. Corporate insiders own 46.70% of the company's stock.

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Dell Technologies Trading Down 2.4 %

DELL traded down $2.30 during mid-day trading on Thursday, hitting $92.28. 4,540,696 shares of the stock were exchanged, compared to its average volume of 8,715,733. The firm's fifty day moving average is $108.75 and its two-hundred day moving average is $117.38. Dell Technologies Inc. has a 1-year low of $86.93 and a 1-year high of $179.70. The company has a market cap of $64.64 billion, a PE ratio of 16.30, a PEG ratio of 1.10 and a beta of 0.83.

Dell Technologies Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Friday, May 2nd. Stockholders of record on Tuesday, April 22nd will be paid a $0.525 dividend. This is a boost from Dell Technologies's previous quarterly dividend of $0.45. This represents a $2.10 annualized dividend and a dividend yield of 2.28%. The ex-dividend date is Tuesday, April 22nd. Dell Technologies's dividend payout ratio (DPR) is presently 33.76%.

Analyst Ratings Changes

Several analysts have weighed in on the stock. Bank of America dropped their target price on shares of Dell Technologies from $155.00 to $150.00 and set a "buy" rating on the stock in a research report on Tuesday, February 18th. Melius Research upped their price objective on Dell Technologies from $140.00 to $155.00 and gave the stock a "buy" rating in a research report on Wednesday, November 27th. Barclays increased their price target 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. Wells Fargo & Company reduced their target price on shares of Dell Technologies from $160.00 to $150.00 and set an "overweight" rating for the company in a research report on Friday, February 28th. Finally, Evercore ISI reiterated an "outperform" rating and set a $150.00 price objective on shares of Dell Technologies in a research report on Wednesday, November 20th. Three research analysts have rated the stock with a hold rating and sixteen have given a buy rating to the company's stock. Based on data from MarketBeat.com, Dell Technologies currently has an average rating of "Moderate Buy" and a consensus target price of $141.24.

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).