Measured Wealth Private Client Group LLC Sells 3,066 Shares of Dell Technologies Inc. (NYSE:DELL)

Measured Wealth Private Client Group LLC lowered its stake in shares of Dell Technologies Inc. (NYSE:DELL) by 53.6% in the fourth quarter, Holdings Channel reports. The institutional investor owned 2,650 shares of the technology company’s stock after selling 3,066 shares during the period. Measured Wealth Private Client Group LLC’s holdings in Dell Technologies were worth $305,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also made changes to their positions in DELL. State Street Corp grew its stake in Dell Technologies by 92.4% in the third quarter. State Street Corp now owns 12,767,011 shares of the technology company’s stock valued at $1,513,401,000 after purchasing an additional 6,131,507 shares during the last quarter. Geode Capital Management LLC grew its position in shares of Dell Technologies by 71.8% in the 3rd quarter. Geode Capital Management LLC now owns 6,317,829 shares of the technology company’s stock worth $746,596,000 after buying an additional 2,641,456 shares during the last quarter. International Assets Investment Management LLC lifted its position in Dell Technologies by 19,376.1% during the third quarter. International Assets Investment Management LLC now owns 2,427,699 shares of the technology company’s stock valued at $287,779,000 after acquiring an additional 2,415,234 shares during the last quarter. Swedbank AB boosted its stake in Dell Technologies by 803.6% in the fourth quarter. Swedbank AB now owns 1,901,112 shares of the technology company’s stock valued at $219,084,000 after acquiring an additional 1,690,709 shares in the last quarter. Finally, Franklin Resources Inc. increased its position in shares of Dell Technologies by 5,047.4% during the third quarter. Franklin Resources Inc. now owns 1,021,971 shares of the technology company’s stock worth $131,170,000 after purchasing an additional 1,002,117 shares in the last quarter. 76.37% of the stock is currently owned by hedge funds and other institutional investors.

Insiders Place Their Bets

In other Dell Technologies news, Director V (Gp) L.L.C. Slta sold 103,745 shares of Dell Technologies stock in a transaction on Friday, December 6th. The shares were sold at an average price of $125.28, for a total transaction of $12,997,173.60. Following the sale, the director now owns 777,347 shares of the company’s stock, valued at $97,386,032.16. The trade was a 11.77 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, Director Radakovich Lynn Vojvodich sold 725 shares of the stock in a transaction dated Friday, November 15th. The shares were sold at an average price of $132.28, for a total transaction of $95,903.00. Following the completion of the sale, the director now owns 23,680 shares of the company’s stock, valued at $3,132,390.40. This trade represents a 2.97 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 946,132 shares of company stock worth $115,660,009. Company insiders own 46.70% of the company’s stock.

Analysts Set New Price Targets

Several research analysts recently weighed in on the company. Barclays boosted their target price on Dell Technologies from $106.00 to $115.00 and gave the stock an “equal weight” rating in a research note 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 report on Monday, November 18th. 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. Deutsche Bank Aktiengesellschaft dropped their price objective on shares of Dell Technologies from $144.00 to $142.00 and set a “buy” rating on the stock in a report on Monday, December 2nd. Finally, Morgan Stanley lifted their price target on Dell Technologies from $136.00 to $154.00 and gave the stock an “overweight” rating in a research report on Monday, November 11th. Three analysts have rated the stock with a hold rating and fifteen have issued a buy rating to the company’s stock. According to MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $148.06.

Dell Technologies Price Performance

DELL opened at $105.90 on Friday. Dell Technologies Inc. has a 1 year low of $80.49 and a 1 year high of $179.70. The firm has a fifty day moving average price of $115.27 and a 200 day moving average price of $117.48. The stock has a market cap of $74.18 billion, a P/E ratio of 18.71, a P/E/G ratio of 1.10 and a beta of 0.90.

Dell Technologies (NYSE:DELL) last announced its quarterly earnings results on Tuesday, November 26th. The technology company reported $2.15 earnings per share for the quarter, beating the consensus estimate of $1.83 by $0.32. The firm had revenue of $24.37 billion during the quarter, compared to analyst estimates of $24.67 billion. Dell Technologies had a negative return on equity of 191.91% and a net margin of 4.36%. Dell Technologies’s revenue for the quarter was up 9.5% compared to the same quarter last year. During the same quarter in the previous year, the business earned $1.62 EPS. Equities analysts expect that Dell Technologies Inc. will post 6.92 EPS for the current year.

Dell Technologies Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, January 31st. Investors of record on Wednesday, January 22nd were paid a $0.445 dividend. The ex-dividend date of this dividend was Wednesday, January 22nd. This represents a $1.78 dividend on an annualized basis and a yield of 1.68%. Dell Technologies’s dividend payout ratio is currently 31.45%.

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).