Little House Capital LLC Sells 7,296 Shares of Dell Technologies Inc. (NYSE:DELL)

Little House Capital LLC reduced its stake in shares of Dell Technologies Inc. (NYSE:DELL - Free Report) by 31.6% in the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 15,782 shares of the technology company's stock after selling 7,296 shares during the quarter. Little House Capital LLC's holdings in Dell Technologies were worth $1,819,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors also recently made changes to their positions in DELL. Byrne Asset Management LLC bought a new position in shares of Dell Technologies in the fourth quarter valued at approximately $28,000. True Wealth Design LLC increased its holdings in shares of Dell Technologies by 2,530.0% during the 3rd quarter. True Wealth Design LLC now owns 263 shares of the technology company's stock worth $31,000 after purchasing an additional 253 shares during the period. MCF Advisors LLC lifted its stake in shares of Dell Technologies by 132.0% in the third quarter. MCF Advisors LLC now owns 290 shares of the technology company's stock valued at $34,000 after buying an additional 165 shares during the period. Covestor Ltd increased its stake in Dell Technologies by 290.7% during the third quarter. Covestor Ltd now owns 293 shares of the technology company's stock valued at $35,000 after acquiring an additional 218 shares during the period. Finally, Versant Capital Management Inc increased 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 buying an additional 111 shares during the period. 76.37% of the stock is owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

Several analysts have weighed in on the stock. Wells Fargo & Company upped their price objective 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 increased their price target on Dell Technologies from $140.00 to $155.00 and gave the stock a "buy" rating in a report on Wednesday, November 27th. Morgan Stanley reduced their target price on shares of Dell Technologies from $154.00 to $128.00 and set an "overweight" rating for the company in a report on Thursday, February 13th. Mizuho cut their price objective on Dell Technologies from $155.00 to $150.00 and set an "outperform" rating for the company in a report on Wednesday, November 27th. Finally, OTR Global raised Dell Technologies from a "negative" rating to a "positive" rating in a report on Wednesday, February 12th. Three research analysts have rated the stock with a hold rating and sixteen have given a buy rating to the stock. Based on data from MarketBeat, Dell Technologies presently has an average rating of "Moderate Buy" and an average target price of $145.65.

Dell Technologies Price Performance

NYSE:DELL traded up $0.62 during trading hours on Wednesday, hitting $120.96. The company's stock had a trading volume of 6,719,004 shares, compared to its average volume of 8,461,887. Dell Technologies Inc. has a twelve month low of $80.49 and a twelve month high of $179.70. The company has a market capitalization of $84.73 billion, a P/E ratio of 21.37, a PEG ratio of 1.00 and a beta of 0.90. The stock has a fifty day simple moving average of $113.06 and a 200-day simple moving average of $117.38.

Dell Technologies (NYSE:DELL - Get Free Report) last issued its quarterly earnings data on Tuesday, November 26th. The technology company reported $2.15 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $1.83 by $0.32. Dell Technologies had a negative return on equity of 191.91% and a net margin of 4.36%. The company had revenue of $24.37 billion during the quarter, compared to the consensus estimate of $24.67 billion. During the same period last year, the company earned $1.62 earnings per share. The firm's revenue was up 9.5% compared to the same quarter last year. On average, equities analysts predict that Dell Technologies Inc. will post 6.93 EPS for the current fiscal year.

Dell Technologies Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, January 31st. Stockholders of record on Wednesday, January 22nd were given a dividend of $0.445 per share. The ex-dividend date of this dividend was Wednesday, January 22nd. This represents a $1.78 dividend on an annualized basis and a dividend yield of 1.47%. Dell Technologies's dividend payout ratio (DPR) is presently 31.45%.

Insiders Place Their Bets

In other Dell Technologies news, CFO Yvonne Mcgill sold 8,000 shares of Dell Technologies stock in a transaction 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 transaction, the chief financial officer now directly owns 236,419 shares of the company's stock, valued at $33,864,657.56. The trade was a 3.27 % decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, Director V (Gp) L.L.C. Slta sold 103,745 shares of the company's stock in a transaction on Friday, December 6th. The shares were sold at an average price of $125.28, for a total value of $12,997,173.60. Following the completion of the transaction, the director now owns 777,347 shares of the company's stock, valued at $97,386,032.16. This trade represents a 11.77 % decrease in their position. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 945,407 shares of company stock worth $115,564,106. Corporate insiders own 46.70% of the company's stock.

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).