Heck Capital Advisors LLC Invests $624,000 in Dell Technologies Inc. (NYSE:DELL)

Heck Capital Advisors LLC acquired a new position in Dell Technologies Inc. (NYSE:DELL - Free Report) during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm acquired 5,414 shares of the technology company's stock, valued at approximately $624,000.

Several other institutional investors have also recently made changes to their positions in DELL. Clean Yield Group purchased a new position in shares of Dell Technologies in the third quarter worth about $25,000. True Wealth Design LLC grew its holdings in Dell Technologies by 2,530.0% in the 3rd quarter. True Wealth Design LLC now owns 263 shares of the technology company's stock valued at $31,000 after buying an additional 253 shares in the last quarter. MCF Advisors LLC grew its position in Dell Technologies by 132.0% in the third 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 period. Covestor Ltd boosted its position 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 purchasing an additional 218 shares during the period. Finally, Versant Capital Management Inc boosted its position in Dell Technologies by 54.7% in the 4th quarter. Versant Capital Management Inc now owns 314 shares of the technology company's stock valued at $36,000 after buying an additional 111 shares during the period. Institutional investors own 76.37% of the company's stock.

Insider Buying and Selling

In related news, Director Radakovich Lynn Vojvodich sold 725 shares of the company's stock in a transaction that occurred on Friday, November 15th. The shares were sold at an average price of $132.28, for a total transaction of $95,903.00. Following the completion of the transaction, the director now directly owns 23,680 shares in the company, valued at $3,132,390.40. This represents a 2.97 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Also, Director V (Gp) L.L.C. Slta sold 325,167 shares of the firm's stock in a transaction that occurred on Monday, January 6th. The stock was sold at an average price of $124.52, for a total transaction of $40,489,794.84. Following the transaction, the director now owns 810,657 shares of the company's stock, valued at approximately $100,943,009.64. The trade was a 28.63 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 946,132 shares of company stock worth $115,660,009 over the last ninety days. Company insiders own 46.70% of the company's stock.

Analyst Ratings Changes

A number of equities analysts have recently weighed in on the stock. Wells Fargo & Company upped their price target on shares of Dell Technologies from $140.00 to $160.00 and gave the stock an "overweight" rating in a research note on Monday, November 18th. Melius Research raised their target price on Dell Technologies from $140.00 to $155.00 and gave the company a "buy" rating in a research note on Wednesday, November 27th. Morgan Stanley raised their price objective on shares of Dell Technologies from $136.00 to $154.00 and gave the company an "overweight" rating in a research report on Monday, November 11th. Evercore ISI reiterated an "outperform" rating and issued a $150.00 price objective on shares of Dell Technologies in a research report on Wednesday, November 20th. Finally, Citigroup lowered their price target on shares of Dell Technologies from $160.00 to $156.00 and set a "buy" rating for the company in a report on Wednesday, November 27th. Three research analysts have rated the stock with a hold rating and fifteen have given a buy rating to the stock. Based on data from MarketBeat, the stock has a consensus rating of "Moderate Buy" and an average target price of $148.06.

Dell Technologies Trading Up 3.3 %

NYSE DELL traded up $3.39 during mid-day trading on Wednesday, reaching $105.06. 4,723,092 shares of the company's stock traded hands, compared to its average volume of 8,327,255. The company has a market cap of $73.59 billion, a price-to-earnings ratio of 18.54, a P/E/G ratio of 1.10 and a beta of 0.90. Dell Technologies Inc. has a 1-year low of $80.49 and a 1-year high of $179.70. The company has a fifty day simple moving average of $115.66 and a 200-day simple moving average of $117.57.

Dell Technologies (NYSE:DELL - Get Free Report) last posted its quarterly earnings data on Tuesday, November 26th. The technology company reported $2.15 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.83 by $0.32. The firm 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 business's revenue for the quarter was up 9.5% compared to the same quarter last year. During the same quarter in the previous year, the company earned $1.62 EPS. Equities research analysts forecast that Dell Technologies Inc. will post 6.92 earnings per share for the current fiscal year.

Dell Technologies Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Friday, January 31st. Investors of record on Wednesday, January 22nd were paid a dividend of $0.445 per share. This represents a $1.78 annualized dividend and a yield of 1.69%. The ex-dividend date of this dividend was Wednesday, January 22nd. Dell Technologies's payout ratio is presently 31.45%.

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).