Dell Technologies Inc. (NYSE:DELL) Stock Holdings Increased by iA Global Asset Management Inc.

iA Global Asset Management Inc. boosted its holdings in Dell Technologies Inc. (NYSE:DELL - Free Report) by 395.8% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 56,246 shares of the technology company's stock after purchasing an additional 44,901 shares during the quarter. iA Global Asset Management Inc.'s holdings in Dell Technologies were worth $6,482,000 at the end of the most recent quarter.

Several other institutional investors have also recently added to or reduced their stakes in DELL. Vision Financial Markets LLC purchased a new position in Dell Technologies during the 4th quarter worth $26,000. Byrne Asset Management LLC purchased a new position in Dell Technologies during the fourth quarter worth about $28,000. True Wealth Design LLC lifted its position 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 period. Versant Capital Management Inc boosted its holdings 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 purchasing an additional 111 shares in the last quarter. Finally, Stonebridge Financial Group LLC purchased a new position in shares of Dell Technologies during the 4th quarter worth approximately $37,000. Institutional investors and hedge funds own 76.37% of the company's stock.

Dell Technologies Stock Down 1.1 %

Shares of Dell Technologies stock traded down $1.09 during trading hours on Tuesday, hitting $98.72. The company's stock had a trading volume of 4,801,563 shares, compared to its average volume of 10,064,053. The company has a market capitalization of $69.15 billion, a PE ratio of 17.44, a P/E/G ratio of 1.10 and a beta of 0.83. The business has a fifty day moving average of $105.38 and a 200 day moving average of $116.61. Dell Technologies Inc. has a 1-year low of $86.93 and a 1-year high of $179.70.

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Dell Technologies Increases Dividend

The business also recently announced a quarterly dividend, which will be paid on Friday, May 2nd. Stockholders of record on Tuesday, April 22nd will be given a $0.525 dividend. This is an increase from Dell Technologies's previous quarterly dividend of $0.45. The ex-dividend date is Tuesday, April 22nd. This represents a $2.10 annualized dividend and a dividend yield of 2.13%. Dell Technologies's dividend payout ratio is presently 33.76%.

Analysts Set New Price Targets

A number of brokerages recently weighed in on DELL. The Goldman Sachs Group dropped their price objective on Dell Technologies from $165.00 to $145.00 and set a "buy" rating on the stock in a report on Monday, March 3rd. Deutsche Bank Aktiengesellschaft reduced their price objective on shares of Dell Technologies from $144.00 to $142.00 and set a "buy" rating for the company in a research note on Monday, December 2nd. TD Cowen lowered their target price on shares of Dell Technologies from $128.00 to $120.00 and set a "hold" rating on the stock in a research report on Friday, February 28th. UBS Group decreased their price target on Dell Technologies from $158.00 to $150.00 and set a "buy" rating on the stock in a research note on Friday, February 28th. Finally, Wells Fargo & Company dropped their price objective on Dell Technologies from $160.00 to $150.00 and set an "overweight" rating for the company in a research note on Friday, February 28th. Three analysts have rated the stock with a hold rating and sixteen have issued a buy rating to the company. According to MarketBeat, the stock presently has a consensus rating of "Moderate Buy" and a consensus price target of $141.24.

Insider Activity

In related news, Director V (Gp) L.L.C. Slta sold 325,167 shares of the business's stock in a transaction dated Monday, January 6th. The stock was sold at an average price of $124.52, for a total value of $40,489,794.84. Following the transaction, the director now owns 810,657 shares in the company, valued at approximately $100,943,009.64. The trade was a 28.63 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, Director Radakovich Lynn Vojvodich sold 725 shares of the firm's stock in a transaction that occurred on Wednesday, January 22nd. The shares were sold at an average price of $120.00, for a total value of $87,000.00. Following the sale, the director now owns 23,680 shares of the company's stock, valued at approximately $2,841,600. This trade represents a 2.97 % decrease in their position. The disclosure for this sale can be found here. Over the last quarter, insiders sold 824,937 shares of company stock worth $100,327,453. 46.70% of the stock is currently owned by corporate insiders.

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).