Dell Technologies Inc. (NYSE:DELL) Stock Holdings Lifted by Occidental Asset Management LLC

Occidental Asset Management LLC raised its stake in Dell Technologies Inc. (NYSE:DELL - Free Report) by 10.9% during the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 29,885 shares of the technology company's stock after purchasing an additional 2,942 shares during the quarter. Occidental Asset Management LLC's holdings in Dell Technologies were worth $3,444,000 at the end of the most recent quarter.

Several other institutional investors also recently made changes to their positions in DELL. Clean Yield Group purchased a new stake in Dell Technologies during the third quarter valued at about $25,000. True Wealth Design LLC lifted 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 valued at $31,000 after acquiring an additional 253 shares in the last quarter. Nemes Rush Group LLC purchased a new stake in Dell Technologies during the 2nd quarter worth $33,000. MCF Advisors LLC raised its position in 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 purchasing an additional 165 shares during the period. Finally, Covestor Ltd lifted its stake in shares of Dell Technologies by 290.7% during the third quarter. Covestor Ltd now owns 293 shares of the technology company's stock worth $35,000 after purchasing an additional 218 shares in the last quarter. 76.37% of the stock is owned by hedge funds and other institutional investors.

Dell Technologies Trading Down 0.2 %

NYSE DELL traded down $0.25 during trading hours on Friday, reaching $109.86. The company's stock had a trading volume of 4,231,461 shares, compared to its average volume of 7,012,189. The stock has a market cap of $76.95 billion, a PE ratio of 19.43, a PEG ratio of 1.21 and a beta of 0.92. The business has a 50-day simple moving average of $124.04 and a 200 day simple moving average of $120.75. Dell Technologies Inc. has a 52 week low of $77.70 and a 52 week high of $179.70.

Dell Technologies (NYSE:DELL - Get Free Report) last released its quarterly earnings data on Tuesday, November 26th. The technology company reported $2.15 earnings per share (EPS) for the quarter, beating 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 business had revenue of $24.37 billion during the quarter, compared to analyst estimates of $24.67 billion. During the same quarter in the previous year, the firm posted $1.62 EPS. The business's revenue for the quarter was up 9.5% compared to the same quarter last year. As a group, equities analysts predict that Dell Technologies Inc. will post 6.92 EPS 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 given a $0.445 dividend. The ex-dividend date is Wednesday, January 22nd. This represents a $1.78 annualized dividend and a yield of 1.62%. Dell Technologies's dividend payout ratio is presently 31.45%.

Analyst Ratings Changes

DELL has been the subject of a number of recent research reports. Citigroup lowered their target price on Dell Technologies from $160.00 to $156.00 and set a "buy" rating for the company in a research note on Wednesday, November 27th. Evercore ISI reaffirmed an "outperform" rating and issued a $150.00 price objective on shares of Dell Technologies in a research report on Wednesday, November 20th. Wells Fargo & Company boosted their target price on shares of Dell Technologies from $140.00 to $160.00 and gave the stock an "overweight" rating in a research report on Monday, November 18th. Barclays upped their target price on shares of Dell Technologies from $106.00 to $115.00 and gave the company an "equal weight" rating in a research note on Wednesday, November 27th. Finally, Melius Research boosted their price objective on shares of Dell Technologies from $140.00 to $155.00 and gave the stock a "buy" rating in a report on Wednesday, November 27th. Three equities research analysts have rated the stock with a hold rating and fifteen have given a buy rating to the stock. According to data from MarketBeat.com, Dell Technologies has a consensus rating of "Moderate Buy" and an average price target of $148.06.

Insider Buying and Selling at Dell Technologies

In related news, CFO Yvonne Mcgill sold 8,000 shares of the stock in a transaction dated Friday, November 22nd. The shares were sold at an average price of $143.24, for a total value of $1,145,920.00. Following the completion of the transaction, the chief financial officer now owns 236,419 shares in the company, valued at $33,864,657.56. This represents a 3.27 % decrease in their position. The sale was disclosed in a filing with the SEC, which is available at this hyperlink. Also, Director Iv (Gp) L.L.C. Slta sold 499,045 shares of the business's stock in a transaction dated Wednesday, January 8th. The stock was sold at an average price of $119.73, for a total transaction of $59,750,657.85. Following the sale, the director now owns 810,657 shares in the company, valued at $97,059,962.61. This trade represents a 38.10 % decrease in their ownership of the stock. 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.

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).