Dell Technologies Inc. (NYSE:DELL) is Silver Lake Group L.L.C.'s 10th Largest Position

Silver Lake Group L.L.C. boosted its holdings in Dell Technologies Inc. (NYSE:DELL - Free Report) by 19.7% during the 3rd quarter, according to the company in its most recent disclosure with the SEC. The fund owned 431,524 shares of the technology company's stock after buying an additional 70,954 shares during the quarter. Dell Technologies accounts for about 0.6% of Silver Lake Group L.L.C.'s investment portfolio, making the stock its 10th largest position. Silver Lake Group L.L.C. owned approximately 0.06% of Dell Technologies worth $50,972,000 as of its most recent filing with the SEC.

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

Wall Street Analysts Forecast Growth

Several equities analysts have commented on the stock. Wells Fargo & Company increased 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. Evercore ISI reissued an "outperform" rating and issued a $140.00 price objective on shares of Dell Technologies in a research note on Wednesday, August 28th. Morgan Stanley upped their target price on Dell Technologies from $136.00 to $154.00 and gave the stock an "overweight" rating in a research report on Monday, November 11th. Citigroup upped their price objective on shares of Dell Technologies from $155.00 to $160.00 and gave the stock a "buy" rating in a report on Friday, August 30th. Finally, Deutsche Bank Aktiengesellschaft assumed coverage on shares of Dell Technologies in a research report on Friday, September 27th. They set a "buy" rating and a $144.00 target price for the company. Three equities research analysts have rated the stock with a hold rating and fourteen have assigned a buy rating to the company's stock. Based on data from MarketBeat, the stock presently has a consensus rating of "Moderate Buy" and an average target price of $145.88.

Insider Buying and Selling at Dell Technologies

In other news, CEO Michael S. Dell sold 10,000,000 shares of the company's stock in a transaction on Thursday, September 26th. The shares were sold at an average price of $122.40, for a total value of $1,224,000,000.00. Following the transaction, the chief executive officer now owns 16,912,241 shares of the company's stock, valued at approximately $2,070,058,298.40. This represents a 37.16 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, insider William F. Scannell sold 42,595 shares of the firm's stock in a transaction dated Friday, September 20th. The shares were sold at an average price of $117.29, for a total value of $4,995,967.55. Following the completion of the sale, the insider now directly owns 73,263 shares in the company, valued at approximately $8,593,017.27. The trade was a 36.76 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 17,953,387 shares of company stock valued at $2,113,353,236 over the last three months. 46.70% of the stock is currently owned by insiders.

Dell Technologies Price Performance

Shares of DELL stock traded down $1.00 on Tuesday, reaching $135.01. 4,125,783 shares of the company were exchanged, compared to its average volume of 10,039,213. The company has a market cap of $94.83 billion, a price-to-earnings ratio of 24.64, a PEG ratio of 1.39 and a beta of 0.89. The company has a 50-day moving average of $123.63 and a 200-day moving average of $126.55. Dell Technologies Inc. has a one year low of $67.51 and a one year high of $179.70.

Dell Technologies (NYSE:DELL - Get Free Report) last posted its earnings results 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 company 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 firm's revenue was up 9.1% compared to the same quarter last year. During the same quarter in the prior year, the business posted $1.44 EPS. As a group, sell-side 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 was paid on Friday, November 1st. Investors of record on Tuesday, October 22nd were paid a $0.445 dividend. This represents a $1.78 dividend on an annualized basis and a yield of 1.32%. The ex-dividend date was Tuesday, October 22nd. Dell Technologies's dividend payout ratio is currently 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).