Dell Technologies Inc. (NYSE:DELL) Position Increased by Royal London Asset Management Ltd.

Royal London Asset Management Ltd. raised its stake in Dell Technologies Inc. (NYSE:DELL - Free Report) by 36.2% in the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 115,409 shares of the technology company's stock after acquiring an additional 30,675 shares during the period. Royal London Asset Management Ltd.'s holdings in Dell Technologies were worth $13,300,000 as of its most recent SEC filing.

Several other institutional investors also recently made changes to their positions in DELL. Generali Investments Management Co LLC bought a new position in Dell Technologies during the 4th quarter worth $127,000. GM Advisory Group LLC increased its holdings in shares of Dell Technologies by 31.1% in the 4th quarter. GM Advisory Group LLC now owns 4,027 shares of the technology company's stock worth $464,000 after acquiring an additional 955 shares during the period. Investment House LLC lifted its position in Dell Technologies by 12.7% in the 4th quarter. Investment House LLC now owns 129,551 shares of the technology company's stock valued at $14,929,000 after purchasing an additional 14,623 shares during the last quarter. Xponance Inc. boosted its stake in Dell Technologies by 11.3% during the 4th quarter. Xponance Inc. now owns 47,157 shares of the technology company's stock valued at $5,434,000 after purchasing an additional 4,779 shares during the period. Finally, Intech Investment Management LLC grew its position in Dell Technologies by 4.5% in the 4th quarter. Intech Investment Management LLC now owns 19,282 shares of the technology company's stock worth $2,222,000 after purchasing an additional 824 shares during the last quarter. 76.37% of the stock is owned by institutional investors.

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Insider Transactions at Dell Technologies

In other news, Director V (Gp) L.L.C. Slta sold 325,167 shares of the firm's stock in a transaction on Monday, January 6th. The stock was sold at an average price of $124.52, for a total value of $40,489,794.84. Following the completion of the sale, the director now owns 810,657 shares of the company's stock, valued at $100,943,009.64. This trade represents a 28.63 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at this link. Also, Director Radakovich Lynn Vojvodich sold 725 shares of the company's stock in a transaction on Wednesday, January 22nd. The shares were sold at an average price of $120.00, for a total value of $87,000.00. Following the transaction, the director now directly owns 23,680 shares in the company, valued at $2,841,600. The trade was a 2.97 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 824,937 shares of company stock valued at $100,327,453 over the last ninety days. Corporate insiders own 46.70% of the company's stock.

Analysts Set New Price Targets

Several brokerages have recently issued reports on DELL. OTR Global upgraded Dell Technologies from a "negative" rating to a "positive" rating in a research report on Wednesday, February 12th. The Goldman Sachs Group decreased their price target on Dell Technologies from $165.00 to $145.00 and set a "buy" rating for the company in a research note on Monday, March 3rd. Barclays lifted their price objective on shares of Dell Technologies from $115.00 to $116.00 and gave the company an "equal weight" rating in a research note on Friday, February 28th. Melius Research increased their target price on shares of Dell Technologies from $140.00 to $155.00 and gave the company a "buy" rating in a research report on Wednesday, November 27th. Finally, Bank of America dropped their price target on shares of Dell Technologies from $155.00 to $150.00 and set a "buy" rating on the stock in a research report on Tuesday, February 18th. Three investment analysts have rated the stock with a hold rating and sixteen have issued a buy rating to the company. Based on data from MarketBeat.com, Dell Technologies currently has an average rating of "Moderate Buy" and an average price target of $141.24.

Dell Technologies Trading Down 1.1 %

Shares of Dell Technologies stock traded down $1.09 on Tuesday, reaching $98.72. 4,801,563 shares of the company were exchanged, compared to its average volume of 10,079,763. Dell Technologies Inc. has a fifty-two week low of $86.93 and a fifty-two week high of $179.70. The firm has a market capitalization of $69.15 billion, a price-to-earnings ratio of 17.44, a price-to-earnings-growth ratio of 1.10 and a beta of 0.83. The stock has a fifty day moving average price of $105.17 and a 200-day moving average price of $116.59.

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 2.13%. 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 (DPR) is presently 33.76%.

Dell Technologies 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).