Dell Technologies Inc. (NYSE:DELL) Shares Sold by Twin Focus Capital Partners LLC

Twin Focus Capital Partners LLC reduced its stake in Dell Technologies Inc. (NYSE:DELL) by 14.4% during the 4th quarter, Holdings Channel.com reports. The firm owned 226,000 shares of the technology company’s stock after selling 37,900 shares during the period. Dell Technologies accounts for 3.8% of Twin Focus Capital Partners LLC’s holdings, making the stock its 4th largest holding. Twin Focus Capital Partners LLC’s holdings in Dell Technologies were worth $26,044,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds also recently modified their holdings of DELL. Allen Capital Group LLC boosted its position in shares of Dell Technologies by 3.3% in the fourth quarter. Allen Capital Group LLC now owns 2,936 shares of the technology company’s stock valued at $338,000 after acquiring an additional 95 shares during the period. Brooklyn Investment Group increased its holdings in shares of Dell Technologies by 18.7% during the fourth quarter. Brooklyn Investment Group now owns 610 shares of the technology company’s stock worth $70,000 after purchasing an additional 96 shares during the period. Sunflower Bank N.A. raised its position in shares of Dell Technologies by 3.1% in the fourth quarter. Sunflower Bank N.A. now owns 3,256 shares of the technology company’s stock valued at $375,000 after buying an additional 98 shares in the last quarter. Bogart Wealth LLC grew its position in Dell Technologies by 7.7% during the fourth quarter. Bogart Wealth LLC now owns 1,398 shares of the technology company’s stock worth $161,000 after buying an additional 100 shares in the last quarter. Finally, Tortoise Investment Management LLC increased its stake in Dell Technologies by 23.0% during the 4th quarter. Tortoise Investment Management LLC now owns 535 shares of the technology company’s stock worth $62,000 after acquiring an additional 100 shares during the period. Institutional investors and hedge funds own 76.37% of the company’s stock.

Analysts Set New Price Targets

Several research firms recently weighed in on DELL. Morgan Stanley cut their price objective on shares of Dell Technologies from $154.00 to $128.00 and set an “overweight” rating for the company in a research report on Thursday, February 13th. UBS Group decreased their target price on Dell Technologies from $158.00 to $150.00 and set a “buy” rating on the stock in a research report on Friday, February 28th. Wells Fargo & Company decreased their price target on shares of Dell Technologies from $160.00 to $150.00 and set an “overweight” rating on the stock in a report on Friday, February 28th. Loop Capital cut their target price on shares of Dell Technologies from $185.00 to $130.00 and set a “buy” rating on the stock in a research report on Tuesday, March 4th. Finally, Barclays upped 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 investment analysts have rated the stock with a hold rating and sixteen have assigned a buy rating to the stock. According to MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average target price of $138.88.

Dell Technologies Stock Up 0.4 %

Shares of NYSE DELL opened at $85.56 on Wednesday. The company has a market capitalization of $59.71 billion, a PE ratio of 15.12, a P/E/G ratio of 1.10 and a beta of 0.94. The firm has a fifty day simple moving average of $97.36 and a 200 day simple moving average of $112.88. Dell Technologies Inc. has a twelve month low of $66.25 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 is a positive change from Dell Technologies’s previous quarterly dividend of $0.45. The ex-dividend date is Tuesday, April 22nd. This represents a $2.10 annualized dividend and a dividend yield of 2.45%. Dell Technologies’s dividend payout ratio is presently 33.76%.

Insider Buying and Selling

In other news, Director Radakovich Lynn Vojvodich sold 725 shares of the firm’s stock in a transaction dated Wednesday, January 22nd. The stock was sold at an average price of $120.00, for a total value of $87,000.00. Following the completion of the sale, 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 position. The sale was disclosed in a filing with the SEC, which is available at this link. Also, CAO Brunilda Rios sold 926 shares of the firm’s stock in a transaction that occurred on Friday, March 28th. The shares were sold at an average price of $93.29, for a total value of $86,386.54. Following the completion of the sale, the chief accounting officer now directly owns 37,948 shares of the company’s stock, valued at $3,540,168.92. This trade represents a 2.38 % decrease in their position. The disclosure for this sale can be found here. 46.70% of the stock is currently owned by insiders.

Dell Technologies 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).