Dell Technologies Inc. (NYSE:DELL) Shares Purchased by Xponance Inc.

Xponance Inc. lifted its position in shares of Dell Technologies Inc. (NYSE:DELL - Free Report) by 11.3% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 47,157 shares of the technology company's stock after acquiring an additional 4,779 shares during the quarter. Xponance Inc.'s holdings in Dell Technologies were worth $5,434,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also modified their holdings of DELL. State Street Corp boosted its position in Dell Technologies by 92.4% during the third quarter. State Street Corp now owns 12,767,011 shares of the technology company's stock worth $1,513,401,000 after purchasing an additional 6,131,507 shares in the last quarter. Geode Capital Management LLC boosted its position in shares of Dell Technologies by 71.8% in the 3rd quarter. Geode Capital Management LLC now owns 6,317,829 shares of the technology company's stock worth $746,596,000 after buying an additional 2,641,456 shares in the last quarter. Swedbank AB grew its stake in Dell Technologies by 803.6% in the 4th quarter. Swedbank AB now owns 1,901,112 shares of the technology company's stock valued at $219,084,000 after acquiring an additional 1,690,709 shares during the last quarter. Bank of New York Mellon Corp increased its holdings in Dell Technologies by 63.6% during the 4th quarter. Bank of New York Mellon Corp now owns 2,931,240 shares of the technology company's stock valued at $337,796,000 after acquiring an additional 1,139,318 shares in the last quarter. Finally, Franklin Resources Inc. lifted its holdings in shares of Dell Technologies by 5,047.4% in the third quarter. Franklin Resources Inc. now owns 1,021,971 shares of the technology company's stock valued at $131,170,000 after purchasing an additional 1,002,117 shares in the last quarter. Institutional investors and hedge funds own 76.37% of the company's stock.

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Analyst Ratings Changes

DELL has been the subject of several research reports. Wells Fargo & Company cut their price objective on Dell Technologies from $160.00 to $150.00 and set an "overweight" rating for the company in a research report on Friday, February 28th. Deutsche Bank Aktiengesellschaft cut their price target on Dell Technologies from $144.00 to $142.00 and set a "buy" rating for the company in a report on Monday, December 2nd. Morgan Stanley decreased 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. Loop Capital reduced their target price on shares of Dell Technologies from $185.00 to $130.00 and set a "buy" rating on the stock in a report on Tuesday, March 4th. Finally, Barclays lifted their price target on shares of Dell Technologies from $115.00 to $116.00 and gave the stock an "equal weight" rating in a report on Friday, February 28th. Three equities research analysts have rated the stock with a hold rating and sixteen have assigned a buy rating to the company's stock. Based on data from MarketBeat.com, the company currently has a consensus rating of "Moderate Buy" and an average price target of $141.24.

Insider Activity at Dell Technologies

In other news, Director Iv (Gp) L.L.C. Slta sold 499,045 shares of the company's stock in a transaction dated Wednesday, January 8th. The stock was sold at an average price of $119.73, for a total value of $59,750,657.85. Following the completion of the sale, the director now owns 810,657 shares of the company's stock, valued at $97,059,962.61. This represents a 38.10 % decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, Director Radakovich Lynn Vojvodich sold 725 shares of the business's stock in a transaction that occurred on Wednesday, January 22nd. The stock was 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. This trade represents a 2.97 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 824,937 shares of company stock worth $100,327,453. Company insiders own 46.70% of the company's stock.

Dell Technologies Stock Performance

Dell Technologies stock traded up $2.25 during midday trading on Monday, reaching $99.82. The stock had a trading volume of 6,484,363 shares, compared to its average volume of 10,067,349. The stock has a market capitalization of $69.92 billion, a PE ratio of 17.64, a price-to-earnings-growth ratio of 1.10 and a beta of 0.83. The stock's 50-day simple moving average is $105.59 and its 200 day simple moving average is $116.66. Dell Technologies Inc. has a twelve month low of $86.93 and a twelve month high of $179.70.

Dell Technologies Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Friday, May 2nd. Investors of record on Tuesday, April 22nd will be given a dividend of $0.525 per share. This represents a $2.10 dividend on an annualized basis and a yield of 2.10%. The ex-dividend date of this dividend is Tuesday, April 22nd. This is an increase from Dell Technologies's previous quarterly dividend of $0.45. Dell Technologies's dividend payout ratio is 33.76%.

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).