Dell Technologies Inc. (NYSE:DELL) Shares Sold by One Wealth Advisors LLC

One Wealth Advisors LLC trimmed its stake in Dell Technologies Inc. (NYSE:DELL) by 36.0% during the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 3,346 shares of the technology company’s stock after selling 1,882 shares during the quarter. One Wealth Advisors LLC’s holdings in Dell Technologies were worth $386,000 at the end of the most recent quarter.

A number of other hedge funds have also modified their holdings of the stock. CENTRAL TRUST Co grew its position in Dell Technologies by 552.8% during the fourth quarter. CENTRAL TRUST Co now owns 4,863 shares of the technology company’s stock valued at $560,000 after purchasing an additional 4,118 shares in the last quarter. U.S. Capital Wealth Advisors LLC boosted its stake in shares of Dell Technologies by 9.6% during the 4th quarter. U.S. Capital Wealth Advisors LLC now owns 24,550 shares of the technology company’s stock valued at $2,829,000 after buying an additional 2,152 shares during the period. Greenleaf Trust grew its holdings in shares of Dell Technologies by 8.9% during the 4th quarter. Greenleaf Trust now owns 10,036 shares of the technology company’s stock valued at $1,157,000 after acquiring an additional 816 shares in the last quarter. Golden State Equity Partners increased its stake in shares of Dell Technologies by 1,754.8% in the fourth quarter. Golden State Equity Partners now owns 8,124 shares of the technology company’s stock worth $936,000 after acquiring an additional 7,686 shares during the last quarter. Finally, Spire Wealth Management raised its holdings in shares of Dell Technologies by 3.3% during the fourth quarter. Spire Wealth Management now owns 3,290 shares of the technology company’s stock worth $379,000 after acquiring an additional 104 shares in the last quarter. 76.37% of the stock is currently owned by institutional investors and hedge funds.

Dell Technologies Trading Down 3.3 %

NYSE DELL opened at $100.13 on Tuesday. Dell Technologies Inc. has a 1-year low of $80.49 and a 1-year high of $179.70. The stock’s 50 day moving average is $117.34 and its two-hundred day moving average is $117.91. The company has a market capitalization of $70.14 billion, a price-to-earnings ratio of 17.69, a PEG ratio of 1.10 and a beta of 0.90.

Dell Technologies (NYSE:DELL) last posted its quarterly earnings data on Tuesday, November 26th. The technology company reported $2.15 earnings per share 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 during the quarter, compared to analysts’ expectations of $24.67 billion. During the same quarter in the previous year, the company posted $1.62 EPS. Dell Technologies’s revenue was up 9.5% on a year-over-year basis. On average, analysts predict that Dell Technologies Inc. will post 6.92 earnings per share for the current year.

Dell Technologies Dividend Announcement

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

Insiders Place Their Bets

In other news, Director Radakovich Lynn Vojvodich sold 725 shares of the business’s stock in a transaction on Wednesday, January 22nd. The shares were sold at an average price of $120.00, for a total value of $87,000.00. Following the completion of the transaction, the director now owns 23,680 shares of the company’s stock, valued at $2,841,600. The trade was a 2.97 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, CFO Yvonne Mcgill sold 8,000 shares of the company’s stock in a transaction on Friday, November 22nd. The stock was sold at an average price of $143.24, for a total transaction of $1,145,920.00. Following the completion of the transaction, the chief financial officer now directly owns 236,419 shares of the company’s stock, valued at approximately $33,864,657.56. The trade was a 3.27 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last 90 days, insiders sold 946,132 shares of company stock valued at $115,660,009. Company insiders own 46.70% of the company’s stock.

Analyst Upgrades and Downgrades

Several brokerages have weighed in on DELL. Mizuho dropped their target price on Dell Technologies from $155.00 to $150.00 and set an “outperform” rating on the stock in a research report on Wednesday, November 27th. Evercore ISI restated an “outperform” rating and set a $150.00 price target on shares of Dell Technologies in a research note on Wednesday, November 20th. Barclays raised their target price on Dell Technologies from $106.00 to $115.00 and gave the company an “equal weight” rating in a report on Wednesday, November 27th. Deutsche Bank Aktiengesellschaft cut their target price on Dell Technologies from $144.00 to $142.00 and set a “buy” rating on the stock in a report on Monday, December 2nd. Finally, Melius Research raised their price target on Dell Technologies from $140.00 to $155.00 and gave the company a “buy” rating in a research report on Wednesday, November 27th. Three investment analysts have rated the stock with a hold rating and fifteen have given a buy rating to the company’s stock. Based on data from MarketBeat.com, Dell Technologies currently has an average rating of “Moderate Buy” and a consensus price target of $148.06.

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).