LSV Asset Management Has $344.19 Million Holdings in Dell Technologies Inc. (NYSE:DELL)

LSV Asset Management reduced its holdings in Dell Technologies Inc. (NYSE:DELL - Free Report) by 12.1% during the 4th quarter, according to the company in its most recent disclosure with the SEC. The fund owned 2,986,720 shares of the technology company's stock after selling 412,580 shares during the quarter. Dell Technologies comprises 0.8% of LSV Asset Management's portfolio, making the stock its 24th biggest holding. LSV Asset Management owned approximately 0.43% of Dell Technologies worth $344,190,000 at the end of the most recent quarter.

Other hedge funds have also recently added to or reduced their stakes in the company. Allen Capital Group LLC lifted its position in shares of Dell Technologies by 3.3% in the 4th quarter. Allen Capital Group LLC now owns 2,936 shares of the technology company's stock worth $338,000 after acquiring an additional 95 shares during the period. Brooklyn Investment Group lifted its stake in Dell Technologies by 18.7% during the fourth quarter. Brooklyn Investment Group now owns 610 shares of the technology company's stock worth $70,000 after purchasing an additional 96 shares during the period. Sunflower Bank N.A. lifted its position in shares of Dell Technologies by 3.1% during the 4th quarter. Sunflower Bank N.A. now owns 3,256 shares of the technology company's stock worth $375,000 after buying an additional 98 shares during the period. Bogart Wealth LLC raised its stake in Dell Technologies by 7.7% during the fourth quarter. Bogart Wealth LLC now owns 1,398 shares of the technology company's stock worth $161,000 after acquiring an additional 100 shares in the last quarter. Finally, Tortoise Investment Management LLC lifted its holdings in shares of Dell Technologies by 23.0% during the fourth quarter. Tortoise Investment Management LLC now owns 535 shares of the technology company's stock valued at $62,000 after acquiring an additional 100 shares during the period. Institutional investors own 76.37% of the company's stock.

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Wall Street Analysts Forecast Growth

Several analysts have weighed in on the stock. Morgan Stanley decreased their price objective on shares of Dell Technologies from $154.00 to $128.00 and set an "overweight" rating on the stock in a research note on Thursday, February 13th. OTR Global raised Dell Technologies from a "negative" rating to a "positive" rating in a research note on Wednesday, February 12th. Barclays lifted their price target on Dell Technologies from $115.00 to $116.00 and gave the company an "equal weight" rating in a report on Friday, February 28th. UBS Group decreased their price objective on shares of Dell Technologies from $158.00 to $150.00 and set a "buy" rating on the stock in a report on Friday, February 28th. Finally, The Goldman Sachs Group reduced their target price on shares of Dell Technologies from $165.00 to $145.00 and set a "buy" rating on the stock in a research report on Monday, March 3rd. 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 a consensus rating of "Moderate Buy" and a consensus target price of $141.24.

Dell Technologies Trading Up 4.2 %

Shares of DELL stock traded up $3.43 during trading hours on Monday, hitting $85.36. 7,857,377 shares of the company were exchanged, compared to its average volume of 10,372,658. The company has a market capitalization of $59.57 billion, a PE ratio of 15.08, a PEG ratio of 1.10 and a beta of 0.94. Dell Technologies Inc. has a 52 week low of $66.25 and a 52 week high of $179.70. The business has a 50 day moving average of $98.16 and a two-hundred day moving average of $113.31.

Dell Technologies Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Friday, May 2nd. Stockholders of record on Tuesday, April 22nd will be issued a $0.525 dividend. This represents a $2.10 dividend on an annualized basis and a dividend yield of 2.46%. This is a positive change from Dell Technologies's previous quarterly dividend of $0.45. The ex-dividend date is Tuesday, April 22nd. Dell Technologies's payout ratio is 33.76%.

Insider Buying and Selling

In other Dell Technologies news, Director Radakovich Lynn Vojvodich sold 725 shares of the business's stock in a transaction dated Wednesday, January 22nd. The shares were sold at an average price of $120.00, for a total transaction of $87,000.00. Following the sale, the director now directly owns 23,680 shares of the company's stock, valued at $2,841,600. The trade was a 2.97 % decrease in their position. The sale was disclosed in a filing with the SEC, which is available through this link. Also, CAO Brunilda Rios sold 926 shares of the firm's stock in a transaction dated Friday, March 28th. The shares were sold at an average price of $93.29, for a total value of $86,386.54. Following the completion of the transaction, the chief accounting officer now owns 37,948 shares of the company's stock, valued at $3,540,168.92. The trade was a 2.38 % decrease in their position. The disclosure for this sale can be found here. 46.70% of the stock is owned by corporate insiders.

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).