1,800 Shares in Dell Technologies Inc. (NYSE:DELL) Purchased by Harel Insurance Investments & Financial Services Ltd.

Harel Insurance Investments & Financial Services Ltd. acquired a new stake in shares of Dell Technologies Inc. (NYSE:DELL) during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor acquired 1,800 shares of the technology company’s stock, valued at approximately $207,000.

Other hedge funds also recently made changes to their positions in the company. Clean Yield Group bought a new position in Dell Technologies during the third quarter worth $25,000. Nemes Rush Group LLC bought a new position in shares of Dell Technologies in the 2nd quarter worth about $33,000. True Wealth Design LLC boosted its holdings in shares of Dell Technologies by 2,530.0% in the 3rd quarter. True Wealth Design LLC now owns 263 shares of the technology company’s stock valued at $31,000 after buying an additional 253 shares during the period. Kimelman & Baird LLC bought a new stake in shares of Dell Technologies during the 2nd quarter valued at about $37,000. Finally, MCF Advisors LLC raised its stake in 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 acquiring an additional 165 shares during the period. Institutional investors and hedge funds own 76.37% of the company’s stock.

Dell Technologies Trading Down 0.5 %

NYSE:DELL opened at $113.66 on Friday. The company has a 50-day moving average of $120.76 and a 200-day moving average of $119.41. The firm has a market cap of $79.61 billion, a price-to-earnings ratio of 20.08, a price-to-earnings-growth ratio of 1.22 and a beta of 0.92. Dell Technologies Inc. has a twelve month low of $80.49 and a twelve month high of $179.70.

Dell Technologies (NYSE:DELL) last posted its quarterly earnings results on Tuesday, November 26th. The technology company reported $2.15 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.83 by $0.32. Dell Technologies had a net margin of 4.36% and a negative return on equity of 191.91%. The firm had revenue of $24.37 billion for the quarter, compared to analyst estimates of $24.67 billion. During the same quarter in the previous year, the business posted $1.62 earnings per share. The firm’s quarterly revenue was up 9.5% compared to the same quarter last year. On average, research analysts forecast that Dell Technologies Inc. will post 6.92 earnings per share for the current year.

Dell Technologies Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Friday, January 31st. Investors of record on Wednesday, January 22nd will be given a $0.445 dividend. The ex-dividend date of this dividend is Wednesday, January 22nd. This represents a $1.78 dividend on an annualized basis and a dividend yield of 1.57%. Dell Technologies’s dividend payout ratio (DPR) is 31.45%.

Analyst Ratings Changes

DELL has been the subject of several recent research reports. Mizuho lowered their target price on Dell Technologies from $155.00 to $150.00 and set an “outperform” rating for the company in a report on Wednesday, November 27th. Evercore ISI reaffirmed an “outperform” rating and issued a $150.00 target price on shares of Dell Technologies in a research report on Wednesday, November 20th. Morgan Stanley boosted their price target on shares of Dell Technologies from $136.00 to $154.00 and gave the company an “overweight” rating in a report on Monday, November 11th. 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 report on Wednesday, November 27th. Finally, Deutsche Bank Aktiengesellschaft reduced their target price on shares of Dell Technologies from $144.00 to $142.00 and set a “buy” rating for the company in a research note on Monday, December 2nd. Three equities research analysts have rated the stock with a hold rating and fifteen have issued a buy rating to the company’s stock. Based on data from MarketBeat, Dell Technologies has an average rating of “Moderate Buy” and an average price target of $148.06.

Insiders Place Their Bets

In other news, Director Radakovich Lynn Vojvodich sold 725 shares of Dell Technologies stock in a transaction on Friday, November 15th. The stock was sold at an average price of $132.28, for a total transaction of $95,903.00. Following the transaction, the director now owns 23,680 shares in the company, valued at approximately $3,132,390.40. The trade was a 2.97 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, Director Iv (Gp) L.L.C. Slta sold 499,045 shares of the firm’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 sale, the director now 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. In the last quarter, insiders have sold 946,132 shares of company stock worth $115,660,009. Company insiders own 46.70% of the company’s stock.

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).