Kieckhefer Group LLC Makes New Investment in Dell Technologies Inc. (NYSE:DELL)

Kieckhefer Group LLC acquired a new stake in shares of Dell Technologies Inc. (NYSE:DELL - Free Report) during the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The firm acquired 33,834 shares of the technology company's stock, valued at approximately $3,899,000. Dell Technologies makes up about 2.3% of Kieckhefer Group LLC's investment portfolio, making the stock its 13th largest position.

A number of other large investors also recently bought and sold shares of the business. Victory Capital Management Inc. raised its stake in shares of Dell Technologies by 6.0% during the 2nd quarter. Victory Capital Management Inc. now owns 90,708 shares of the technology company's stock worth $12,510,000 after acquiring an additional 5,171 shares in the last quarter. Quest Partners LLC purchased a new stake in shares of Dell Technologies during the 2nd quarter valued at $163,000. Main Street Financial Solutions LLC acquired a new stake in shares of Dell Technologies in the 2nd quarter worth $219,000. Meeder Advisory Services Inc. purchased a new position in Dell Technologies during the 2nd quarter worth $225,000. Finally, Federated Hermes Inc. raised its stake in Dell Technologies by 166.5% in the second quarter. Federated Hermes Inc. now owns 354,830 shares of the technology company's stock valued at $48,935,000 after buying an additional 221,676 shares during the last quarter. Institutional investors own 76.37% of the company's stock.

Dell Technologies Trading Down 4.1 %

DELL traded down $4.69 on Monday, reaching $110.08. The stock had a trading volume of 11,500,670 shares, compared to its average volume of 7,039,392. The business's 50-day moving average price is $125.51 and its two-hundred day moving average price is $121.24. Dell Technologies Inc. has a 12-month low of $76.90 and a 12-month high of $179.70. The company has a market cap of $77.32 billion, a P/E ratio of 19.45, a price-to-earnings-growth ratio of 1.25 and a beta of 0.90.

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, 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 for the quarter, compared to the consensus estimate of $24.67 billion. During the same period last year, the firm posted $1.62 earnings per share. The company's revenue was up 9.5% compared to the same quarter last year. As a group, analysts predict that Dell Technologies Inc. will post 6.92 earnings per share for the current year.

Dell Technologies Dividend Announcement

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 given a dividend of $0.445 per share. This represents a $1.78 annualized dividend and a yield of 1.62%. The ex-dividend date of this dividend is Wednesday, January 22nd. Dell Technologies's payout ratio is currently 31.45%.

Wall Street Analyst Weigh In

Several equities analysts have recently issued reports on DELL shares. Mizuho cut their price objective on shares of Dell Technologies from $155.00 to $150.00 and set an "outperform" rating on the stock in a report on Wednesday, November 27th. Citigroup decreased 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. Deutsche Bank Aktiengesellschaft dropped their price objective 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. Wells Fargo & Company lifted their price target on Dell Technologies from $140.00 to $160.00 and gave the stock an "overweight" rating in a research report on Monday, November 18th. Finally, Barclays increased their price objective on Dell Technologies from $106.00 to $115.00 and gave the company an "equal weight" rating in a report on Wednesday, November 27th. Three investment analysts have rated the stock with a hold rating and fifteen have assigned a buy rating to the company. According to data from MarketBeat.com, Dell Technologies currently has a consensus rating of "Moderate Buy" and an average price target of $148.06.

Insider Activity

In other Dell Technologies news, Director Radakovich Lynn Vojvodich sold 725 shares of the business's stock in a transaction dated Friday, November 15th. The shares were sold at an average price of $132.28, for a total transaction of $95,903.00. Following the sale, 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 ownership of the stock. The sale was disclosed in a document filed 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 that occurred on Friday, November 22nd. The shares were sold at an average price of $143.24, for a total transaction of $1,145,920.00. Following the completion of the transaction, the chief financial officer now directly owns 236,419 shares of the company's stock, valued at approximately $33,864,657.56. The trade was a 3.27 % decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 946,132 shares of company stock valued at $115,666,897 in the last 90 days. Company insiders own 46.70% of the company's stock.

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).