Dell Technologies Inc. (NYSE:DELL) Shares Purchased by Compagnie Lombard Odier SCmA

Compagnie Lombard Odier SCmA raised its position in Dell Technologies Inc. (NYSE:DELL) by 6.8% during the third quarter, HoldingsChannel.com reports. The firm owned 2,350 shares of the technology company’s stock after buying an additional 150 shares during the quarter. Compagnie Lombard Odier SCmA’s holdings in Dell Technologies were worth $279,000 at the end of the most recent quarter.

A number of other institutional investors have also modified their holdings of DELL. Massmutual Trust Co. FSB ADV increased its holdings in Dell Technologies by 58.2% in the 1st quarter. Massmutual Trust Co. FSB ADV now owns 223 shares of the technology company’s stock valued at $25,000 after purchasing an additional 82 shares in the last quarter. Clean Yield Group purchased a new stake in shares of Dell Technologies during the 3rd quarter valued at about $25,000. Accordant Advisory Group Inc acquired a new position in Dell Technologies during the 2nd quarter worth approximately $28,000. New Covenant Trust Company N.A. purchased a new position in Dell Technologies in the 1st quarter worth approximately $30,000. Finally, Nemes Rush Group LLC purchased a new stake in shares of Dell Technologies during the second quarter valued at approximately $33,000. Hedge funds and other institutional investors own 38.10% of the company’s stock.

Insider Buying and Selling at Dell Technologies

In other news, CEO Michael S. Dell sold 10,000,000 shares of the company’s stock in a transaction on Thursday, September 26th. The stock was sold at an average price of $122.40, for a total transaction of $1,224,000,000.00. Following the completion of the sale, the chief executive officer now directly owns 16,912,241 shares of the company’s stock, valued at $2,070,058,298.40. This represents a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. In other Dell Technologies news, Director Lake Group L.L.C. Silver sold 25,381 shares of the business’s stock in a transaction on Tuesday, July 16th. The shares were sold at an average price of $134.42, for a total transaction of $3,411,714.02. Following the sale, the director now directly owns 787,669 shares of the company’s stock, valued at $105,878,466.98. The trade was a 0.00 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Also, CEO Michael S. Dell sold 10,000,000 shares of the firm’s stock in a transaction on Thursday, September 26th. The stock was sold at an average price of $122.40, for a total value of $1,224,000,000.00. Following the completion of the sale, the chief executive officer now directly owns 16,912,241 shares of the company’s stock, valued at approximately $2,070,058,298.40. This trade represents a 0.00 % decrease in their position. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 17,978,043 shares of company stock valued at $2,116,671,062. Corporate insiders own 46.70% of the company’s stock.

Analysts Set New Price Targets

Several research firms recently issued reports on DELL. Raymond James dropped their price target on shares of Dell Technologies from $166.00 to $160.00 and set an “outperform” rating on the stock in a research note on Friday, August 30th. Sanford C. Bernstein cut their price objective on Dell Technologies from $155.00 to $140.00 and set an “outperform” rating on the stock in a research note on Friday, August 30th. Citigroup raised their price target on shares of Dell Technologies from $155.00 to $160.00 and gave the stock a “buy” rating in a research report on Friday, August 30th. Wells Fargo & Company dropped their price target on Dell Technologies from $150.00 to $140.00 and set an “overweight” rating on the stock in a research report on Friday, August 30th. Finally, TD Cowen reduced their price objective on Dell Technologies from $155.00 to $128.00 and set a “hold” rating for the company in a research report on Friday, August 30th. Three investment analysts have rated the stock with a hold rating and fourteen have assigned a buy rating to the stock. According to data from MarketBeat.com, Dell Technologies presently has a consensus rating of “Moderate Buy” and an average price target of $143.50.

Dell Technologies Price Performance

Shares of NYSE:DELL opened at $127.73 on Monday. The stock has a market cap of $90.60 billion, a price-to-earnings ratio of 26.07, a PEG ratio of 1.29 and a beta of 0.90. Dell Technologies Inc. has a 12 month low of $63.90 and a 12 month high of $179.70. The stock’s 50 day moving average price is $111.52 and its 200 day moving average price is $125.18.

Dell Technologies (NYSE:DELL) last released its earnings results on Thursday, August 29th. The technology company reported $1.89 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.49 by $0.40. Dell Technologies had a negative return on equity of 178.09% and a net margin of 4.32%. The firm had revenue of $25.03 billion for the quarter, compared to analyst estimates of $24.14 billion. During the same period in the previous year, the company earned $1.44 earnings per share. Dell Technologies’s revenue was up 9.1% compared to the same quarter last year. On average, sell-side analysts expect that Dell Technologies Inc. will post 6.91 EPS for the current year.

Dell Technologies Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Friday, November 1st. Shareholders of record on Tuesday, October 22nd will be given a $0.445 dividend. The ex-dividend date of this dividend is Tuesday, October 22nd. This represents a $1.78 annualized dividend and a yield of 1.39%. Dell Technologies’s dividend payout ratio (DPR) is 36.33%.

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).