Dell Technologies Inc. (NYSE:DELL) Shares Acquired by Natixis Advisors LLC

Natixis Advisors LLC boosted its stake in Dell Technologies Inc. (NYSE:DELL - Free Report) by 7.3% in the third quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 143,063 shares of the technology company's stock after acquiring an additional 9,782 shares during the quarter. Natixis Advisors LLC's holdings in Dell Technologies were worth $16,959,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently bought and sold shares of DELL. Accordant Advisory Group Inc acquired a new position in shares of Dell Technologies in the 2nd quarter valued at $28,000. Clean Yield Group acquired a new stake in shares of Dell Technologies during the 3rd quarter worth approximately $25,000. Nemes Rush Group LLC acquired a new stake in Dell Technologies in the 2nd quarter valued at $33,000. Crewe Advisors LLC acquired a new stake in Dell Technologies in the 2nd quarter valued at $34,000. Finally, New Covenant Trust Company N.A. acquired a new stake in Dell Technologies in the 1st quarter valued at $30,000. Hedge funds and other institutional investors own 38.10% of the company's stock.

Insiders Place Their Bets

In other news, Director Radakovich Lynn Vojvodich sold 725 shares of the company's stock in a transaction dated Friday, November 15th. The shares were sold at an average price of $132.28, for a total value of $95,903.00. Following the completion of the sale, the director now directly owns 23,680 shares of the company's stock, valued at approximately $3,132,390.40. This represents a 2.97 % decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, CEO Michael S. Dell sold 221,460 shares of the stock in a transaction dated Friday, September 6th. The stock was sold at an average price of $102.07, for a total transaction of $22,604,422.20. Following the transaction, the chief executive officer now directly owns 20,190,781 shares of the company's stock, valued at $2,060,873,016.67. This represents a 1.08 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 17,954,112 shares of company stock valued at $2,113,449,139 over the last ninety days. Company insiders own 46.70% of the company's stock.

Analyst Upgrades and Downgrades

A number of equities research analysts have recently weighed in on DELL shares. Bank of America boosted their target price on Dell Technologies from $150.00 to $155.00 and gave the stock a "buy" rating in a research report on Friday, August 30th. Morgan Stanley boosted their target price on Dell Technologies from $136.00 to $154.00 and gave the company an "overweight" rating in a research note on Monday, November 11th. JPMorgan Chase & Co. upped their price objective on Dell Technologies from $155.00 to $160.00 and gave the stock an "overweight" rating in a research report on Thursday, August 15th. Mizuho started coverage on Dell Technologies in a report on Tuesday, September 17th. They set an "outperform" rating and a $135.00 target price on the stock. Finally, Fox Advisors upgraded Dell Technologies from an "equal weight" rating to an "overweight" rating in a report on Friday, August 30th. Three analysts have rated the stock with a hold rating and fourteen have given a buy rating to the company's stock. According to MarketBeat, the stock has an average rating of "Moderate Buy" and a consensus price target of $146.50.

Dell Technologies Stock Down 1.6 %

Shares of NYSE DELL traded down $2.20 during midday trading on Wednesday, reaching $133.70. 2,554,119 shares of the company's stock traded hands, compared to its average volume of 10,013,992. Dell Technologies Inc. has a one year low of $67.51 and a one year high of $179.70. The stock's 50 day simple moving average is $124.21 and its 200-day simple moving average is $126.62. The company has a market cap of $93.91 billion, a price-to-earnings ratio of 24.57, a P/E/G ratio of 1.39 and a beta of 0.89.

Dell Technologies (NYSE:DELL - Get Free Report) last released its quarterly earnings data on Thursday, August 29th. The technology company reported $1.89 earnings per share for the quarter, topping analysts' consensus estimates of $1.49 by $0.40. The firm had revenue of $25.03 billion for the quarter, compared to analyst estimates of $24.14 billion. Dell Technologies had a net margin of 4.32% and a negative return on equity of 178.09%. The business's quarterly revenue was up 9.1% compared to the same quarter last year. During the same quarter in the prior year, the business earned $1.44 earnings per share. Equities analysts predict that Dell Technologies Inc. will post 6.92 EPS for the current fiscal year.

Dell Technologies Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, November 1st. Shareholders of record on Tuesday, October 22nd were paid a dividend of $0.445 per share. This represents a $1.78 dividend on an annualized basis and a yield of 1.33%. The ex-dividend date of this dividend was Tuesday, October 22nd. Dell Technologies's dividend payout ratio (DPR) is presently 32.72%.

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).