1,771 Shares in Dell Technologies Inc. (NYSE:DELL) Acquired by Vantage Financial Partners LLC

Vantage Financial Partners LLC purchased a new stake in Dell Technologies Inc. (NYSE:DELL) in the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor purchased 1,771 shares of the technology company’s stock, valued at approximately $204,000.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in DELL. Intrepid Financial Planning Group LLC boosted its holdings in shares of Dell Technologies by 0.7% in the third quarter. Intrepid Financial Planning Group LLC now owns 12,002 shares of the technology company’s stock valued at $1,423,000 after acquiring an additional 80 shares during the period. Smithfield Trust Co raised its stake in shares of Dell Technologies by 8.0% during the third quarter. Smithfield Trust Co now owns 1,139 shares of the technology company’s stock worth $134,000 after purchasing an additional 84 shares during the last quarter. Graypoint LLC raised its position in Dell Technologies by 4.3% in the third quarter. Graypoint LLC now owns 2,086 shares of the technology company’s stock worth $247,000 after acquiring an additional 86 shares in the last quarter. ASB Consultores LLC raised its position in Dell Technologies by 4.6% in the third quarter. ASB Consultores LLC now owns 1,987 shares of the technology company’s stock worth $236,000 after acquiring an additional 87 shares in the last quarter. Finally, Equitable Trust Co. raised its position in Dell Technologies by 3.1% in the third quarter. Equitable Trust Co. now owns 2,942 shares of the technology company’s stock worth $349,000 after acquiring an additional 88 shares in the last quarter. 76.37% of the stock is owned by institutional investors and hedge funds.

Insider Buying and Selling

In related news, Director Iv (Gp) L.L.C. Slta sold 499,045 shares of the stock in a transaction on 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 completion of the sale, the director now directly owns 810,657 shares in the company, valued at $97,059,962.61. This represents a 38.10 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, Director Radakovich Lynn Vojvodich sold 725 shares of the 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 sale, 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 ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 929,407 shares of company stock valued at $113,411,626 over the last 90 days. 46.70% of the stock is owned by corporate insiders.

Analyst Upgrades and Downgrades

DELL has been the subject of a number of research analyst reports. Deutsche Bank Aktiengesellschaft dropped their price target on Dell Technologies from $144.00 to $142.00 and set a “buy” rating for the company in a research report on Monday, December 2nd. Melius Research raised their price target on Dell Technologies from $140.00 to $155.00 and gave the stock a “buy” rating in a research note on Wednesday, November 27th. Bank of America reduced their price objective on Dell Technologies from $155.00 to $150.00 and set a “buy” rating on the stock in a research note on Tuesday, February 18th. Barclays lifted their price objective on Dell Technologies from $115.00 to $116.00 and gave the company an “equal weight” rating in a research note on Friday, February 28th. Finally, OTR Global upgraded Dell Technologies from a “negative” rating to a “positive” rating in a report on Wednesday, February 12th. Three research analysts have rated the stock with a hold rating and sixteen have given a buy rating to the stock. Based on data from MarketBeat, Dell Technologies currently has a consensus rating of “Moderate Buy” and a consensus price target of $141.24.

Dell Technologies Stock Performance

DELL opened at $97.31 on Thursday. The business’s 50-day simple moving average is $111.17 and its 200 day simple moving average is $118.04. The firm has a market capitalization of $68.16 billion, a PE ratio of 17.19, a PEG ratio of 1.10 and a beta of 0.90. Dell Technologies Inc. has a 52-week low of $86.93 and a 52-week high of $179.70.

Dell Technologies Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Friday, May 2nd. Investors of record on Tuesday, April 22nd will be given a dividend of $0.525 per share. The ex-dividend date is Tuesday, April 22nd. This represents a $2.10 dividend on an annualized basis and a yield of 2.16%. This is an increase from Dell Technologies’s previous quarterly dividend of $0.45. Dell Technologies’s dividend payout ratio is currently 33.76%.

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).