Kera Capital Partners Inc. Takes $3.82 Million Position in Dell Technologies Inc. (NYSE:DELL)

Kera Capital Partners Inc. purchased a new stake in shares of Dell Technologies Inc. (NYSE:DELL - Free Report) in the fourth quarter, according to its most recent filing with the SEC. The firm purchased 33,185 shares of the technology company's stock, valued at approximately $3,824,000.

Several other institutional investors have also modified their holdings of the company. Jackson Square Capital LLC grew its stake in Dell Technologies by 8.7% in the 4th quarter. Jackson Square Capital LLC now owns 11,752 shares of the technology company's stock valued at $1,354,000 after acquiring an additional 938 shares during the last quarter. Shelton Wealth Management LLC purchased a new stake in shares of Dell Technologies in the fourth quarter valued at about $1,008,000. Arkadios Wealth Advisors grew its position in shares of Dell Technologies by 12.1% in the fourth quarter. Arkadios Wealth Advisors now owns 14,704 shares of the technology company's stock valued at $1,695,000 after purchasing an additional 1,583 shares during the last quarter. InTrack Investment Management Inc increased its stake in shares of Dell Technologies by 150.2% during the 4th quarter. InTrack Investment Management Inc now owns 13,516 shares of the technology company's stock worth $1,474,000 after purchasing an additional 8,113 shares in the last quarter. Finally, Brooklyn Investment Group lifted its stake in Dell Technologies by 18.7% in the 4th quarter. Brooklyn Investment Group now owns 610 shares of the technology company's stock valued at $70,000 after buying an additional 96 shares in the last quarter. Hedge funds and other institutional investors own 76.37% of the company's stock.

Dell Technologies Stock Down 0.4 %

NYSE:DELL traded down $0.46 during trading hours on Friday, reaching $109.65. 6,331,153 shares of the stock were exchanged, compared to its average volume of 5,041,827. Dell Technologies Inc. has a 52 week low of $77.70 and a 52 week high of $179.70. The stock has a market capitalization of $76.81 billion, a P/E ratio of 19.37, a P/E/G ratio of 1.21 and a beta of 0.92. The firm has a 50 day simple moving average of $123.00 and a 200-day simple moving average of $120.13.

Dell Technologies (NYSE:DELL - Get Free Report) last posted its quarterly earnings results on Tuesday, November 26th. The technology company reported $2.15 EPS for the quarter, beating the consensus estimate of $1.83 by $0.32. Dell Technologies had a net margin of 4.36% and a negative return on equity of 191.91%. The business had revenue of $24.37 billion during the quarter, compared to analyst estimates of $24.67 billion. During the same period in the previous year, the business posted $1.62 EPS. The company's quarterly revenue was up 9.5% on a year-over-year basis. As a group, analysts expect that Dell Technologies Inc. will post 6.92 earnings per share for the current year.

Dell Technologies Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Friday, January 31st. Investors of record on Wednesday, January 22nd will be issued a $0.445 dividend. The ex-dividend date of this dividend is Wednesday, January 22nd. This represents a $1.78 dividend on an annualized basis and a dividend yield of 1.62%. Dell Technologies's dividend payout ratio (DPR) is presently 31.45%.

Insider Buying and Selling at Dell Technologies

In other news, CFO Yvonne Mcgill sold 8,000 shares of the firm's stock in a transaction on Friday, November 22nd. The stock was sold at an average price of $143.24, for a total transaction of $1,145,920.00. Following the transaction, the chief financial officer now directly owns 236,419 shares of the company's stock, valued at approximately $33,864,657.56. This trade represents a 3.27 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director Iv (Gp) L.L.C. Slta sold 499,045 shares of the stock in a transaction dated Wednesday, January 8th. The shares were sold at an average price of $119.73, for a total transaction of $59,750,657.85. Following the completion of the transaction, the director now owns 810,657 shares of the company's stock, valued at $97,059,962.61. This represents a 38.10 % decrease in their position. The disclosure for this sale can be found here. Insiders sold 945,407 shares of company stock valued at $115,573,009 in the last ninety days. Company insiders own 46.70% of the company's stock.

Analyst Ratings Changes

A number of research firms have issued reports on DELL. Deutsche Bank Aktiengesellschaft reduced their target price on shares of Dell Technologies from $144.00 to $142.00 and set a "buy" rating on the stock in a report on Monday, December 2nd. Melius Research upped their price objective on shares of Dell Technologies from $140.00 to $155.00 and gave the company a "buy" rating in a research note on Wednesday, November 27th. Evercore ISI reaffirmed an "outperform" rating and issued a $150.00 target price on shares of Dell Technologies in a research note on Wednesday, November 20th. Morgan Stanley increased their price target on Dell Technologies from $136.00 to $154.00 and gave the stock an "overweight" rating in a research note on Monday, November 11th. Finally, Mizuho lowered their price objective on Dell Technologies from $155.00 to $150.00 and set an "outperform" rating for the company in a research report on Wednesday, November 27th. Three analysts have rated the stock with a hold rating and fifteen have assigned a buy rating to the company. According to MarketBeat.com, Dell Technologies presently has an average rating of "Moderate Buy" and an average price target of $148.06.

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).