Dell Technologies Inc. (NYSE:DELL) Shares Bought by Aspire Private Capital LLC

Aspire Private Capital LLC boosted its position in Dell Technologies Inc. (NYSE:DELL) by 8.3% in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 17,497 shares of the technology company’s stock after purchasing an additional 1,337 shares during the period. Aspire Private Capital LLC’s holdings in Dell Technologies were worth $2,016,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also made changes to their positions in the company. Clean Yield Group acquired a new position in shares of Dell Technologies during the third quarter worth about $25,000. True Wealth Design LLC raised its position in shares of Dell Technologies by 2,530.0% during the 3rd quarter. True Wealth Design LLC now owns 263 shares of the technology company’s stock worth $31,000 after purchasing an additional 253 shares during the period. Nemes Rush Group LLC bought a new position in shares of Dell Technologies during the second quarter worth about $33,000. MCF Advisors LLC boosted its position in shares of Dell Technologies by 132.0% during the third quarter. MCF Advisors LLC now owns 290 shares of the technology company’s stock worth $34,000 after buying an additional 165 shares during the period. Finally, Covestor Ltd raised its stake in shares of Dell Technologies by 290.7% during the third quarter. Covestor Ltd now owns 293 shares of the technology company’s stock valued at $35,000 after purchasing an additional 218 shares in the last quarter. 76.37% of the stock is currently owned by hedge funds and other institutional investors.

Insiders Place Their Bets

In other Dell Technologies news, CFO Yvonne Mcgill sold 8,000 shares of the firm’s stock in a transaction dated Friday, November 22nd. The shares were sold at an average price of $143.24, for a total transaction of $1,145,920.00. Following the sale, the chief financial officer now directly owns 236,419 shares of the company’s stock, valued at $33,864,657.56. This trade represents a 3.27 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, Director Iv (Gp) L.L.C. Slta sold 499,045 shares of the stock in a transaction dated Wednesday, January 8th. The stock was sold at an average price of $119.73, for a total transaction of $59,750,657.85. Following the transaction, the director now owns 810,657 shares in the company, valued at approximately $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. Insiders have sold 945,407 shares of company stock valued at $115,573,009 over the last ninety days. Company insiders own 46.70% of the company’s stock.

Analysts Set New Price Targets

Several equities research analysts have recently commented on the company. Melius Research upped their target price on Dell Technologies from $140.00 to $155.00 and gave the company a “buy” rating in a report on Wednesday, November 27th. Deutsche Bank Aktiengesellschaft cut their price target on shares of Dell Technologies from $144.00 to $142.00 and set a “buy” rating on the stock in a report on Monday, December 2nd. Mizuho dropped their price target on shares of Dell Technologies from $155.00 to $150.00 and set an “outperform” rating on the stock in a research report on Wednesday, November 27th. Barclays upped their target price on shares of Dell Technologies from $106.00 to $115.00 and gave the company an “equal weight” rating in a research note on Wednesday, November 27th. Finally, Citigroup reduced their target price on Dell Technologies from $160.00 to $156.00 and set a “buy” rating for the company in a research report on Wednesday, November 27th. Three investment analysts have rated the stock with a hold rating and fifteen have assigned a buy rating to the company’s stock. According to data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $148.06.

Dell Technologies Trading Up 1.8 %

Shares of Dell Technologies stock opened at $111.59 on Wednesday. The company’s fifty day simple moving average is $122.42 and its two-hundred day simple moving average is $119.90. The company has a market cap of $78.17 billion, a P/E ratio of 19.72, a PEG ratio of 1.16 and a beta of 0.92. Dell Technologies Inc. has a 12-month low of $80.49 and a 12-month high of $179.70.

Dell Technologies (NYSE:DELL) last announced its quarterly earnings data on Tuesday, November 26th. The technology company reported $2.15 EPS for the quarter, beating the consensus estimate of $1.83 by $0.32. The firm had revenue of $24.37 billion for the quarter, compared to the consensus estimate of $24.67 billion. Dell Technologies had a net margin of 4.36% and a negative return on equity of 191.91%. The company’s revenue was up 9.5% on a year-over-year basis. During the same period last year, the firm earned $1.62 EPS. Analysts predict that Dell Technologies Inc. will post 6.92 EPS for the current fiscal year.

Dell Technologies Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Friday, January 31st. Investors of record on Wednesday, January 22nd will be given a dividend of $0.445 per share. The ex-dividend date of this dividend is Wednesday, January 22nd. This represents a $1.78 dividend on an annualized basis and a yield of 1.60%. Dell Technologies’s payout ratio is 31.45%.

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).