Dell Technologies Inc. (NYSE:DELL) Position Boosted by Investment House LLC

Investment House LLC increased its position in shares of Dell Technologies Inc. (NYSE:DELL - Free Report) by 12.7% during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 129,551 shares of the technology company's stock after acquiring an additional 14,623 shares during the quarter. Investment House LLC's holdings in Dell Technologies were worth $14,929,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the company. Xponance Inc. increased its holdings in shares of Dell Technologies by 11.3% during the 4th quarter. Xponance Inc. now owns 47,157 shares of the technology company's stock worth $5,434,000 after buying an additional 4,779 shares during the last quarter. Intech Investment Management LLC increased its stake in Dell Technologies by 4.5% during the fourth quarter. Intech Investment Management LLC now owns 19,282 shares of the technology company's stock worth $2,222,000 after acquiring an additional 824 shares during the last quarter. Horizon Investments LLC raised its holdings in shares of Dell Technologies by 463.9% in the 4th quarter. Horizon Investments LLC now owns 22,054 shares of the technology company's stock worth $2,531,000 after purchasing an additional 18,143 shares during the period. Advisors Asset Management Inc. lifted its stake in shares of Dell Technologies by 41.3% in the 4th quarter. Advisors Asset Management Inc. now owns 45,985 shares of the technology company's stock valued at $5,299,000 after purchasing an additional 13,431 shares in the last quarter. Finally, Thrivent Financial for Lutherans grew its holdings in shares of Dell Technologies by 6.1% during the 4th quarter. Thrivent Financial for Lutherans now owns 14,868 shares of the technology company's stock worth $1,713,000 after purchasing an additional 860 shares during the period. 76.37% of the stock is owned by hedge funds and other institutional investors.

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Dell Technologies Stock Down 1.3 %

Shares of DELL traded down $1.30 during midday trading on Friday, hitting $97.62. The company had a trading volume of 8,908,156 shares, compared to its average volume of 10,081,723. Dell Technologies Inc. has a 52 week low of $86.93 and a 52 week high of $179.70. The company's 50 day moving average price is $105.59 and its 200 day moving average price is $116.61. The stock has a market cap of $68.38 billion, a price-to-earnings ratio of 17.25, a PEG ratio of 1.10 and a beta of 0.83.

Dell Technologies Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Friday, May 2nd. Investors of record on Tuesday, April 22nd will be paid a dividend of $0.525 per share. The ex-dividend date is Tuesday, April 22nd. This is a boost from Dell Technologies's previous quarterly dividend of $0.45. This represents a $2.10 annualized dividend and a yield of 2.15%. Dell Technologies's dividend payout ratio (DPR) is 33.76%.

Insiders Place Their Bets

In other Dell Technologies news, Director V (Gp) L.L.C. Slta sold 325,167 shares of Dell Technologies stock in a transaction that occurred on 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 completion of the transaction, the director now directly owns 810,657 shares in the company, valued at $100,943,009.64. The trade was a 28.63 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this link. Also, Director Radakovich Lynn Vojvodich sold 725 shares of the stock in a transaction that occurred on Wednesday, January 22nd. The stock was 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 in the company, 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. Insiders sold a total of 824,937 shares of company stock valued at $100,327,453 over the last 90 days. 46.70% of the stock is owned by company insiders.

Analyst Upgrades and Downgrades

Several research analysts recently commented on DELL shares. Morgan Stanley cut their price target on shares of Dell Technologies from $154.00 to $128.00 and set an "overweight" rating on the stock in a report on Thursday, February 13th. Bank of America cut 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 note on Tuesday, February 18th. Melius Research upped their price target on shares of Dell Technologies from $140.00 to $155.00 and gave the stock a "buy" rating in a research report on Wednesday, November 27th. Barclays raised their price objective on Dell Technologies from $115.00 to $116.00 and gave the company an "equal weight" rating in a research report on Friday, February 28th. Finally, OTR Global raised Dell Technologies from a "negative" rating to a "positive" rating in a research report on Wednesday, February 12th. Three investment analysts have rated the stock with a hold rating and sixteen have assigned a buy rating to the company's stock. Based on data from MarketBeat.com, Dell Technologies presently has an average rating of "Moderate Buy" and an average price target 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).