Oxford Asset Management LLP Boosts Holdings in Dell Technologies Inc. (NYSE:DELL)

Oxford Asset Management LLP increased its position in Dell Technologies Inc. (NYSE:DELL - Free Report) by 245.8% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 7,874 shares of the technology company's stock after acquiring an additional 5,597 shares during the period. Oxford Asset Management LLP's holdings in Dell Technologies were worth $907,000 at the end of the most recent reporting period.

Other hedge funds also recently bought and sold shares of the company. Vision Financial Markets LLC purchased a new position in shares of Dell Technologies during the 4th quarter valued at about $26,000. Lee Danner & Bass Inc. purchased a new position in shares of Dell Technologies during the 4th quarter valued at $26,000. Byrne Asset Management LLC bought a new position in Dell Technologies in the 4th quarter worth $28,000. Versant Capital Management Inc lifted its position in shares of Dell Technologies by 54.7% in the fourth quarter. Versant Capital Management Inc now owns 314 shares of the technology company's stock valued at $36,000 after acquiring an additional 111 shares in the last quarter. Finally, Stonebridge Financial Group LLC bought a new stake in Dell Technologies during the 4th quarter valued at approximately $37,000. Hedge funds and other institutional investors own 76.37% of the company's stock.

Wall Street Analyst Weigh In

DELL has been the topic of several research analyst reports. Bank of America dropped their target price on shares of Dell Technologies from $155.00 to $150.00 and set a "buy" rating for the company in a research report on Tuesday, February 18th. Evercore ISI cut their price target on Dell Technologies from $145.00 to $120.00 and set an "outperform" rating for the company in a report on Monday. The Goldman Sachs Group dropped their price objective on shares of Dell Technologies from $165.00 to $145.00 and set a "buy" rating for the company in a research note on Monday, March 3rd. Morgan Stanley reduced their price objective on Dell Technologies from $154.00 to $128.00 and set an "overweight" rating on the stock in a research note on Thursday, February 13th. Finally, Loop Capital cut their target price on Dell Technologies from $185.00 to $130.00 and set a "buy" rating on the stock in a research report on Tuesday, March 4th. Three equities research analysts have rated the stock with a hold rating and sixteen have given a buy rating to the company. Based on data from MarketBeat, the stock has an average rating of "Moderate Buy" and an average price target of $134.65.

Dell Technologies Price Performance

Shares of NYSE:DELL traded down $0.44 during trading on Monday, reaching $94.45. 3,916,502 shares of the company were exchanged, compared to its average volume of 10,383,996. The firm has a market capitalization of $65.91 billion, a PE ratio of 16.69, a P/E/G ratio of 1.10 and a beta of 0.94. The business's fifty day simple moving average is $93.29 and its 200-day simple moving average is $111.07. Dell Technologies Inc. has a 12-month low of $66.25 and a 12-month high of $179.70.

Dell Technologies Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Friday, May 2nd. Shareholders of record on Tuesday, April 22nd will be issued a $0.525 dividend. This represents a $2.10 annualized dividend and a dividend yield of 2.22%. This is a boost from Dell Technologies's previous quarterly dividend of $0.45. The ex-dividend date is Tuesday, April 22nd. Dell Technologies's dividend payout ratio is currently 33.76%.

Insider Transactions at Dell Technologies

In related news, CAO Brunilda Rios sold 926 shares of Dell Technologies stock in a transaction that occurred on Friday, March 28th. The shares were sold at an average price of $93.29, for a total transaction of $86,386.54. Following the transaction, the chief accounting officer now directly owns 37,948 shares of the company's stock, valued at $3,540,168.92. This trade represents a 2.38 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through this link. 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).