Dell Technologies Inc. (NYSE:DELL) Shares Bought by Mn Services Vermogensbeheer B.V.

Mn Services Vermogensbeheer B.V. raised its holdings in Dell Technologies Inc. (NYSE:DELL) by 1.7% in the fourth quarter, according to the company in its most recent disclosure with the SEC. The firm owned 93,700 shares of the technology company’s stock after acquiring an additional 1,600 shares during the quarter. Mn Services Vermogensbeheer B.V.’s holdings in Dell Technologies were worth $10,798,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. Byrne Asset Management LLC acquired a new position in shares of Dell Technologies during the 4th quarter worth $28,000. True Wealth Design LLC raised its stake 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 buying an additional 253 shares during the last quarter. Covestor Ltd raised its stake in shares of Dell Technologies by 290.7% during the 3rd quarter. Covestor Ltd now owns 293 shares of the technology company’s stock worth $35,000 after buying an additional 218 shares during the last quarter. Versant Capital Management Inc raised its stake in shares of Dell Technologies by 54.7% during the 4th quarter. Versant Capital Management Inc now owns 314 shares of the technology company’s stock worth $36,000 after buying an additional 111 shares during the last quarter. Finally, Stonebridge Financial Group LLC acquired a new position in shares of Dell Technologies during the 4th quarter worth $37,000. Institutional investors and hedge funds own 76.37% of the company’s stock.

Dell Technologies Price Performance

Shares of DELL opened at $102.85 on Friday. The business’s fifty day moving average price is $112.57 and its 200 day moving average price is $118.17. Dell Technologies Inc. has a 12-month low of $86.93 and a 12-month high of $179.70. The stock has a market capitalization of $72.04 billion, a PE ratio of 18.17, a price-to-earnings-growth ratio of 1.10 and a beta of 0.90.

Dell Technologies (NYSE:DELL) last announced its quarterly earnings data 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 negative return on equity of 191.91% and a net margin of 4.36%. The firm had revenue of $24.37 billion for the quarter, compared to analysts’ expectations of $24.67 billion. During the same period last year, the business posted $1.62 earnings per share. The firm’s revenue for the quarter was up 9.5% on a year-over-year basis. As a group, research analysts anticipate that Dell Technologies Inc. will post 6.93 earnings per share for the current fiscal year.

Dell Technologies Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Friday, May 2nd. Investors of record on Tuesday, April 22nd will be paid a dividend of $0.525 per share. The ex-dividend date of this dividend is Tuesday, April 22nd. This is a boost from Dell Technologies’s previous quarterly dividend of $0.45. This represents a $2.10 annualized dividend and a yield of 2.04%. Dell Technologies’s dividend payout ratio (DPR) is 31.45%.

Wall Street Analysts Forecast Growth

DELL has been the subject of several analyst reports. Evercore ISI reissued an “outperform” rating and issued a $150.00 target price on shares of Dell Technologies in a research note on Wednesday, November 20th. Wells Fargo & Company decreased their target price on Dell Technologies from $160.00 to $150.00 and set an “overweight” rating for the company in a report on Friday. Morgan Stanley decreased their target price on Dell Technologies from $154.00 to $128.00 and set an “overweight” rating for the company in a report on Thursday, February 13th. Mizuho decreased their price target on Dell Technologies from $155.00 to $150.00 and set an “outperform” rating for the company in a report on Wednesday, November 27th. Finally, Citigroup decreased their price target on Dell Technologies from $156.00 to $145.00 and set a “buy” rating for the company in a report on Friday, February 21st. Three investment analysts have rated the stock with a hold rating and sixteen have issued a buy rating to the company’s stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $143.53.

Insider Buying and Selling

In other Dell Technologies news, CFO Yvonne Mcgill sold 8,000 shares of the firm’s stock in a transaction on Monday, December 2nd. The stock was sold at an average price of $125.82, for a total value of $1,006,560.00. Following the sale, the chief financial officer now directly owns 228,419 shares in the company, valued at approximately $28,739,678.58. This trade represents a 3.38 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. Also, Director V (Gp) L.L.C. Slta sold 103,745 shares of the firm’s stock in a transaction on Friday, December 6th. The shares were sold at an average price of $125.28, for a total value of $12,997,173.60. Following the completion of the sale, the director now owns 777,347 shares in the company, valued at $97,386,032.16. The trade was a 11.77 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 937,407 shares of company stock worth $114,418,186 over the last ninety days. 46.70% of the stock is owned by insiders.

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).