Dell Technologies Inc. (NYSE:DELL) Shares Sold by Sheaff Brock Investment Advisors LLC

Sheaff Brock Investment Advisors LLC decreased its position in shares of Dell Technologies Inc. (NYSE:DELL - Free Report) by 3.3% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 74,954 shares of the technology company's stock after selling 2,549 shares during the period. Sheaff Brock Investment Advisors LLC's holdings in Dell Technologies were worth $8,638,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Byrne Asset Management LLC purchased a new stake in Dell Technologies in the 4th quarter worth about $28,000. True Wealth Design LLC increased 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 during the last quarter. MCF Advisors LLC raised its holdings in Dell Technologies by 132.0% in the 3rd quarter. MCF Advisors LLC now owns 290 shares of the technology company's stock worth $34,000 after acquiring an additional 165 shares during the period. Covestor Ltd lifted its holdings 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 buying an additional 218 shares during the last quarter. Finally, Versant Capital Management Inc lifted its stake 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 buying an additional 111 shares during the period. 76.37% of the stock is owned by institutional investors.

Dell Technologies Stock Performance

Shares of DELL traded up $0.62 during trading hours on Wednesday, hitting $120.96. The company had a trading volume of 6,719,004 shares, compared to its average volume of 8,461,887. The stock has a market capitalization of $84.73 billion, a price-to-earnings ratio of 21.37, a P/E/G ratio of 1.00 and a beta of 0.90. Dell Technologies Inc. has a 52-week low of $80.49 and a 52-week high of $179.70. The firm has a fifty day moving average price of $113.06 and a 200-day moving average price of $117.38.

Dell Technologies (NYSE:DELL - Get Free Report) last released its quarterly earnings results on Tuesday, November 26th. The technology company reported $2.15 earnings per share for the quarter, beating the consensus estimate 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 firm had revenue of $24.37 billion for the quarter, compared to analysts' expectations of $24.67 billion. During the same period in the prior year, the firm earned $1.62 EPS. The company's revenue was up 9.5% compared to the same quarter last year. Research analysts anticipate that Dell Technologies Inc. will post 6.93 earnings per share for the current fiscal year.

Dell Technologies Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Friday, January 31st. Shareholders of record on Wednesday, January 22nd were issued a dividend of $0.445 per share. This represents a $1.78 annualized dividend and a yield of 1.47%. The ex-dividend date of this dividend was Wednesday, January 22nd. Dell Technologies's dividend payout ratio is presently 31.45%.

Insiders Place Their Bets

In related news, CFO Yvonne Mcgill sold 8,000 shares of Dell Technologies stock in a transaction dated Monday, December 2nd. The stock was sold at an average price of $125.82, for a total value of $1,006,560.00. Following the completion of the sale, the chief financial officer now directly owns 228,419 shares in the company, valued at $28,739,678.58. The trade was a 3.38 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available through the SEC website. Also, Director Radakovich Lynn Vojvodich sold 725 shares of the firm'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 completion of the sale, the director now owns 23,680 shares in the company, valued at $2,841,600. This represents a 2.97 % 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 $115,564,106 in the last three months. Corporate insiders own 46.70% of the company's stock.

Analysts Set New Price Targets

DELL has been the topic of several research analyst reports. 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. Deutsche Bank Aktiengesellschaft decreased their price objective on Dell Technologies from $144.00 to $142.00 and set a "buy" rating for the company in a research note on Monday, December 2nd. Barclays boosted their price objective on shares of Dell Technologies from $106.00 to $115.00 and gave the company an "equal weight" rating in a report on Wednesday, November 27th. OTR Global upgraded shares of Dell Technologies from a "negative" rating to a "positive" rating in a report on Wednesday, February 12th. Finally, Mizuho dropped their target price on Dell Technologies from $155.00 to $150.00 and set an "outperform" rating on the stock in a report on Wednesday, November 27th. Three analysts have rated the stock with a hold rating and sixteen have given a buy rating to the stock. According to MarketBeat, the company presently has a consensus rating of "Moderate Buy" and a consensus price target of $145.65.

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).