Financial Engines Advisors L.L.C. bought a new stake in Dell Technologies Inc. (NYSE:DELL – Free Report) in the 4th quarter, Holdings Channel reports. The institutional investor bought 3,895 shares of the technology company’s stock, valued at approximately $449,000.
Other hedge funds and other institutional investors also recently made changes to their positions in the company. Vision Financial Markets LLC acquired a new stake in Dell Technologies in the fourth quarter valued at $26,000. Lee Danner & Bass Inc. bought a new stake in shares of Dell Technologies in the 4th quarter valued at about $26,000. Byrne Asset Management LLC acquired a new stake in shares of Dell Technologies in the fourth quarter valued at about $28,000. True Wealth Design LLC raised its position in shares of Dell Technologies by 2,530.0% during the third quarter. True Wealth Design LLC now owns 263 shares of the technology company’s stock worth $31,000 after acquiring an additional 253 shares during the last quarter. Finally, Versant Capital Management Inc boosted its holdings in 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 during the last quarter. 76.37% of the stock is currently owned by institutional investors.
Dell Technologies Price Performance
Shares of NYSE DELL opened at $97.20 on Friday. Dell Technologies Inc. has a 1 year low of $86.93 and a 1 year high of $179.70. The stock has a market capitalization of $68.08 billion, a P/E ratio of 17.17, a P/E/G ratio of 1.10 and a beta of 0.83. The company has a 50-day moving average price of $104.66 and a 200-day moving average price of $116.31.
Dell Technologies Increases Dividend
Analyst Upgrades and Downgrades
DELL has been the subject of several analyst reports. Deutsche Bank Aktiengesellschaft lowered their price target on shares of Dell Technologies from $144.00 to $142.00 and set a “buy” rating for the company in a report on Monday, December 2nd. OTR Global raised shares of Dell Technologies from a “negative” rating to a “positive” rating in a research note on Wednesday, February 12th. Bank of America cut 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. UBS Group lowered their price objective on Dell Technologies from $158.00 to $150.00 and set a “buy” rating for the company in a research report on Friday, February 28th. Finally, The Goldman Sachs Group decreased their target price 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. Three analysts have rated the stock with a hold rating and sixteen have assigned a buy rating to the company. According to data from MarketBeat.com, Dell Technologies presently has an average rating of “Moderate Buy” and a consensus price target of $141.24.
Get Our Latest Stock Analysis on DELL
Insider Transactions at Dell Technologies
In other Dell Technologies 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 shares were 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 directly owns 810,657 shares of the company’s stock, valued at approximately $97,059,962.61. This represents a 38.10 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, Director Radakovich Lynn Vojvodich sold 725 shares of Dell Technologies stock in a transaction that occurred on Wednesday, January 22nd. The stock was sold at an average price of $120.00, for a total transaction of $87,000.00. Following the transaction, the director now directly owns 23,680 shares in the company, valued at approximately $2,841,600. This represents a 2.97 % decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 824,937 shares of company stock valued at $100,327,453 over the last ninety days. 46.70% of the stock is currently owned by insiders.
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).
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