Franklin Street Advisors Inc. NC Has $15.82 Million Stock Position in Dell Technologies Inc. (NYSE:DELL)

Franklin Street Advisors Inc. NC grew its stake in Dell Technologies Inc. (NYSE:DELL - Free Report) by 17.8% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 137,245 shares of the technology company's stock after purchasing an additional 20,719 shares during the period. Franklin Street Advisors Inc. NC's holdings in Dell Technologies were worth $15,816,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors also recently modified their holdings of the stock. Clean Yield Group bought a new stake in Dell Technologies during the 3rd quarter worth approximately $25,000. True Wealth Design LLC grew 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 worth $31,000 after acquiring an additional 253 shares during the last quarter. Nemes Rush Group LLC bought a new stake in Dell Technologies during the 2nd quarter worth approximately $33,000. MCF Advisors LLC grew its position 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 acquiring an additional 165 shares during the last quarter. Finally, Covestor Ltd grew its position in 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 during the last quarter. 76.37% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

A number of equities research analysts recently commented on DELL shares. Evercore ISI restated an "outperform" rating and set a $150.00 price target on shares of Dell Technologies in a research report on Wednesday, November 20th. Wells Fargo & Company upped their price objective on Dell Technologies from $140.00 to $160.00 and gave the stock an "overweight" rating in a report on Monday, November 18th. Citigroup reduced their price objective on Dell Technologies from $160.00 to $156.00 and set a "buy" rating on the stock in a report on Wednesday, November 27th. Barclays upped their price objective on Dell Technologies from $106.00 to $115.00 and gave the stock an "equal weight" rating in a report on Wednesday, November 27th. Finally, Deutsche Bank Aktiengesellschaft reduced their price objective on Dell Technologies from $144.00 to $142.00 and set a "buy" rating on the stock in a report on Monday, December 2nd. Three analysts have rated the stock with a hold rating and fifteen have assigned a buy rating to the company. Based on data from MarketBeat.com, the stock currently has an average rating of "Moderate Buy" and a consensus target price of $148.06.

Dell Technologies Stock Down 3.7 %

Dell Technologies stock traded down $4.40 during mid-day trading on Friday, hitting $114.91. 8,203,815 shares of the company's stock were exchanged, compared to its average volume of 6,327,563. The firm has a market capitalization of $80.49 billion, a P/E ratio of 20.30, a PEG ratio of 1.26 and a beta of 0.92. Dell Technologies Inc. has a fifty-two week low of $76.90 and a fifty-two week high of $179.70. The company's 50 day simple moving average is $125.83 and its 200-day simple moving average is $121.65.

Dell Technologies (NYSE:DELL - Get Free Report) last issued its quarterly earnings data on Tuesday, November 26th. The technology company reported $2.15 EPS for the quarter, topping the consensus estimate of $1.83 by $0.32. The business had revenue of $24.37 billion for the quarter, compared to the consensus estimate of $24.67 billion. Dell Technologies had a negative return on equity of 191.91% and a net margin of 4.36%. The firm's revenue was up 9.5% compared to the same quarter last year. During the same quarter last year, the business posted $1.62 EPS. Research analysts expect that Dell Technologies Inc. will post 6.92 EPS for the current year.

Dell Technologies Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Friday, January 31st. Shareholders of record on Wednesday, January 22nd will be issued a dividend of $0.445 per share. This represents a $1.78 dividend on an annualized basis and a yield of 1.55%. The ex-dividend date is Wednesday, January 22nd. Dell Technologies's dividend payout ratio (DPR) is presently 31.45%.

Insiders Place Their Bets

In other news, Director Iv (Gp) L.L.C. Slta sold 499,045 shares of the firm's stock in a transaction dated Wednesday, January 8th. The stock was sold at an average price of $119.73, for a total value of $59,750,657.85. Following the completion of the transaction, the director now owns 810,657 shares in the company, valued at $97,059,962.61. This trade represents a 38.10 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, CFO Yvonne Mcgill sold 8,000 shares of the firm's stock in a transaction dated Friday, November 22nd. The shares were sold at an average price of $143.24, for a total value of $1,145,920.00. Following the completion of the transaction, the chief financial officer now owns 236,419 shares of the company's stock, valued at $33,864,657.56. The trade was a 3.27 % decrease in their position. The disclosure for this sale can be found here. In the last 90 days, insiders sold 946,132 shares of company stock worth $115,666,897. Corporate insiders own 46.70% 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).