Robeco Institutional Asset Management B.V. Has $145.95 Million Stock Position in Dell Technologies Inc. (NYSE:DELL)

Robeco Institutional Asset Management B.V. lowered its stake in Dell Technologies Inc. (NYSE:DELL) by 15.3% during the fourth quarter, according to the company in its most recent filing with the SEC. The fund owned 1,266,477 shares of the technology company’s stock after selling 228,371 shares during the period. Robeco Institutional Asset Management B.V. owned approximately 0.18% of Dell Technologies worth $145,949,000 as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds have also recently made changes to their positions in DELL. State Street Corp grew its position in shares of Dell Technologies by 92.4% during the 3rd quarter. State Street Corp now owns 12,767,011 shares of the technology company’s stock worth $1,513,401,000 after purchasing an additional 6,131,507 shares in the last quarter. Geode Capital Management LLC lifted its holdings in shares of Dell Technologies by 71.8% during the 3rd quarter. Geode Capital Management LLC now owns 6,317,829 shares of the technology company’s stock worth $746,596,000 after acquiring an additional 2,641,456 shares during the period. International Assets Investment Management LLC lifted its holdings in shares of Dell Technologies by 19,376.1% during the 3rd quarter. International Assets Investment Management LLC now owns 2,427,699 shares of the technology company’s stock worth $287,779,000 after acquiring an additional 2,415,234 shares during the period. Franklin Resources Inc. lifted its holdings in shares of Dell Technologies by 5,047.4% during the 3rd quarter. Franklin Resources Inc. now owns 1,021,971 shares of the technology company’s stock worth $131,170,000 after acquiring an additional 1,002,117 shares during the period. Finally, KBC Group NV lifted its holdings in shares of Dell Technologies by 633.8% during the 4th quarter. KBC Group NV now owns 831,524 shares of the technology company’s stock worth $95,825,000 after acquiring an additional 718,214 shares during the period. Institutional investors and hedge funds own 76.37% of the company’s stock.

Insider Activity at Dell Technologies

In related news, Director Radakovich Lynn Vojvodich sold 725 shares of the firm’s stock in a transaction dated Wednesday, January 22nd. The shares were 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 of the company’s stock, valued at $2,841,600. This trade represents a 2.97 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, Director Iv (Gp) L.L.C. Slta sold 499,045 shares of Dell Technologies 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 completion of the sale, the director now directly owns 810,657 shares in the company, valued at approximately $97,059,962.61. This represents a 38.10 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold 946,132 shares of company stock valued at $115,660,009 over the last ninety days. Corporate insiders own 46.70% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of analysts have recently weighed in on DELL shares. Evercore ISI reaffirmed an “outperform” rating and set a $150.00 price target on shares of Dell Technologies in a report on Wednesday, November 20th. Morgan Stanley upped their price target on shares of Dell Technologies from $136.00 to $154.00 and gave the stock an “overweight” rating in a report on Monday, November 11th. Citigroup cut their price target on shares of Dell Technologies from $160.00 to $156.00 and set a “buy” rating for the company in a report on Wednesday, November 27th. Wells Fargo & Company increased their price objective on shares of Dell Technologies from $140.00 to $160.00 and gave the company an “overweight” rating in a research note on Monday, November 18th. Finally, Melius Research increased their price objective on shares of Dell Technologies from $140.00 to $155.00 and gave the company a “buy” rating in a research note on Wednesday, November 27th. Three analysts have rated the stock with a hold rating and fifteen have issued a buy rating to the stock. According to data from MarketBeat, Dell Technologies presently has an average rating of “Moderate Buy” and a consensus target price of $148.06.

Dell Technologies Stock Down 2.4 %

DELL opened at $101.40 on Wednesday. Dell Technologies Inc. has a twelve month low of $80.49 and a twelve month high of $179.70. The company has a fifty day moving average of $120.12 and a 200-day moving average of $118.78. The stock has a market cap of $71.02 billion, a PE ratio of 17.91, a price-to-earnings-growth ratio of 1.22 and a beta of 0.92.

Dell Technologies (NYSE:DELL) last posted its quarterly earnings results on Tuesday, November 26th. The technology company reported $2.15 EPS for the quarter, topping analysts’ consensus estimates 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 business had revenue of $24.37 billion during the quarter, compared to analysts’ expectations of $24.67 billion. During the same period last year, the company posted $1.62 earnings per share. The business’s quarterly revenue was up 9.5% on a year-over-year basis. Sell-side analysts anticipate that Dell Technologies Inc. will post 6.92 EPS for the current fiscal year.

Dell Technologies Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, January 31st. Shareholders of record on Wednesday, January 22nd will be paid a $0.445 dividend. This represents a $1.78 dividend on an annualized basis and a dividend yield of 1.76%. The ex-dividend date of this dividend is Wednesday, January 22nd. Dell Technologies’s dividend payout ratio (DPR) is 31.45%.

About Dell Technologies

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).