Boyd Watterson Asset Management LLC OH Raises Holdings in Dell Technologies Inc. (NYSE:DELL)

Boyd Watterson Asset Management LLC OH raised its position in Dell Technologies Inc. (NYSE:DELL) by 17.5% during the fourth quarter, according to its most recent filing with the SEC. The institutional investor owned 3,887 shares of the technology company’s stock after purchasing an additional 579 shares during the period. Boyd Watterson Asset Management LLC OH’s holdings in Dell Technologies were worth $448,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in the business. Optimist Retirement Group LLC increased its position in Dell Technologies by 27.3% during the third quarter. Optimist Retirement Group LLC now owns 2,157 shares of the technology company’s stock worth $256,000 after purchasing an additional 463 shares during the last quarter. Blue Trust Inc. increased its holdings in shares of Dell Technologies by 132.1% during the 3rd quarter. Blue Trust Inc. now owns 1,409 shares of the technology company’s stock worth $167,000 after buying an additional 802 shares during the last quarter. Foundations Investment Advisors LLC increased its holdings in shares of Dell Technologies by 52.1% during the 3rd quarter. Foundations Investment Advisors LLC now owns 3,735 shares of the technology company’s stock worth $443,000 after buying an additional 1,280 shares during the last quarter. Signaturefd LLC lifted its holdings in Dell Technologies by 24.6% in the third quarter. Signaturefd LLC now owns 5,686 shares of the technology company’s stock valued at $674,000 after acquiring an additional 1,124 shares during the last quarter. Finally, Private Advisor Group LLC grew its position in Dell Technologies by 110.6% in the third quarter. Private Advisor Group LLC now owns 61,069 shares of the technology company’s stock worth $7,239,000 after acquiring an additional 32,074 shares during the period. Institutional investors and hedge funds own 76.37% of the company’s stock.

Insiders Place Their Bets

In other Dell Technologies news, Director V (Gp) L.L.C. Slta sold 103,745 shares of the business’s stock in a transaction that occurred on Friday, December 6th. The stock was sold at an average price of $125.28, for a total value of $12,997,173.60. Following the completion of the sale, the director now owns 777,347 shares in the company, valued at approximately $97,386,032.16. The trade was a 11.77 % decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, Director Iv (Gp) L.L.C. Slta sold 499,045 shares of the stock in a transaction that occurred on 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 $97,059,962.61. The trade was a 38.10 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 937,407 shares of company stock valued at $114,418,186. 46.70% of the stock is owned by corporate insiders.

Analyst Ratings Changes

A number of equities research analysts have commented on DELL shares. Morgan Stanley reduced their target price on Dell Technologies from $154.00 to $128.00 and set an “overweight” rating on the stock in a research report on Thursday, February 13th. Bank of America reduced their price objective on shares of Dell Technologies from $155.00 to $150.00 and set a “buy” rating on the stock in a report on Tuesday. 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 note on Monday, November 18th. Deutsche Bank Aktiengesellschaft dropped their price target on shares of Dell Technologies from $144.00 to $142.00 and set a “buy” rating for the company in a research report on Monday, December 2nd. Finally, Melius Research increased their price objective on shares of Dell Technologies from $140.00 to $155.00 and gave the stock a “buy” rating in a research report on Wednesday, November 27th. Three investment analysts have rated the stock with a hold rating and sixteen have given a buy rating to the stock. According to MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average price target of $145.00.

Dell Technologies Trading Down 1.9 %

Dell Technologies stock opened at $117.66 on Friday. The stock has a market cap of $82.41 billion, a P/E ratio of 20.79, a price-to-earnings-growth ratio of 1.11 and a beta of 0.90. The company has a fifty day simple moving average of $113.12 and a 200-day simple moving average of $117.42. Dell Technologies Inc. has a 12-month low of $85.40 and a 12-month high of $179.70.

Dell Technologies (NYSE:DELL) last announced its quarterly earnings results on Tuesday, November 26th. The technology company reported $2.15 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates 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 company had revenue of $24.37 billion during the quarter, compared to the consensus estimate of $24.67 billion. During the same period in the previous year, the business earned $1.62 EPS. Dell Technologies’s revenue for the quarter was up 9.5% on a year-over-year basis. As a group, sell-side analysts forecast that Dell Technologies Inc. will post 6.93 earnings per share for the current fiscal year.

Dell Technologies Dividend Announcement

The business also recently disclosed 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. The ex-dividend date of this dividend was Wednesday, January 22nd. This represents a $1.78 dividend on an annualized basis and a yield of 1.51%. Dell Technologies’s payout ratio is currently 31.45%.

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).