Dell Technologies Inc. (NYSE:DELL) Shares Sold by Banque Cantonale Vaudoise

Banque Cantonale Vaudoise lowered its stake in shares of Dell Technologies Inc. (NYSE:DELLFree Report) by 51.0% during the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 19,709 shares of the technology company’s stock after selling 20,491 shares during the period. Banque Cantonale Vaudoise’s holdings in Dell Technologies were worth $1,357,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors have also recently added to or reduced their stakes in the stock. First Command Advisory Services Inc. purchased a new position in shares of Dell Technologies during the third quarter valued at approximately $116,000. PGGM Investments increased its position in Dell Technologies by 378.3% during the third quarter. PGGM Investments now owns 55,109 shares of the technology company’s stock worth $3,797,000 after purchasing an additional 43,586 shares during the last quarter. Banco Santander S.A. increased its position in Dell Technologies by 61.7% during the third quarter. Banco Santander S.A. now owns 106,778 shares of the technology company’s stock worth $7,357,000 after purchasing an additional 40,750 shares during the last quarter. J.P. Morgan Private Wealth Advisors LLC acquired a new position in Dell Technologies during the third quarter worth approximately $85,765,000. Finally, ACR Alpine Capital Research LLC increased its position in Dell Technologies by 6.8% during the third quarter. ACR Alpine Capital Research LLC now owns 110,187 shares of the technology company’s stock worth $7,592,000 after purchasing an additional 7,034 shares during the last quarter. Hedge funds and other institutional investors own 38.10% of the company’s stock.

Wall Street Analyst Weigh In

Several equities research analysts have recently issued reports on DELL shares. The Goldman Sachs Group increased their price objective on shares of Dell Technologies from $78.00 to $86.00 and gave the stock a “buy” rating in a research report on Friday, December 1st. JPMorgan Chase & Co. upgraded shares of Dell Technologies from a “neutral” rating to an “overweight” rating and upped their target price for the company from $77.00 to $90.00 in a research note on Monday, January 8th. Sanford C. Bernstein upped their target price on shares of Dell Technologies from $80.00 to $90.00 and gave the company an “outperform” rating in a research note on Wednesday, January 3rd. TD Cowen upped their target price on shares of Dell Technologies from $58.00 to $75.00 and gave the company a “market perform” rating in a research note on Friday, December 1st. Finally, Wells Fargo & Company upped their target price on shares of Dell Technologies from $80.00 to $85.00 and gave the company an “overweight” rating in a research note on Friday, December 1st. One equities research analyst has rated the stock with a sell rating, one has given a hold rating and thirteen have assigned a buy rating to the company. According to data from MarketBeat, Dell Technologies has a consensus rating of “Moderate Buy” and an average target price of $78.80.

Read Our Latest Analysis on Dell Technologies

Insider Transactions at Dell Technologies

In other news, Director Iv (Gp) L.L.C. Slta sold 239,112 shares of the business’s stock in a transaction on Friday, January 12th. The shares were sold at an average price of $79.43, for a total value of $18,992,666.16. Following the completion of the sale, the director now directly owns 293,812 shares in the company, valued at $23,337,487.16. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. 48.60% of the stock is owned by corporate insiders.

Dell Technologies Stock Up 0.6 %

DELL stock opened at $86.32 on Monday. The company has a market capitalization of $61.43 billion, a price-to-earnings ratio of 23.85, a P/E/G ratio of 1.20 and a beta of 0.90. Dell Technologies Inc. has a 12 month low of $35.96 and a 12 month high of $86.90. The firm has a 50 day moving average of $76.62 and a two-hundred day moving average of $68.87.

Dell Technologies (NYSE:DELLGet Free Report) last posted its earnings results on Thursday, November 30th. The technology company reported $1.88 EPS for the quarter, topping the consensus estimate of $1.46 by $0.42. Dell Technologies had a net margin of 2.92% and a negative return on equity of 150.29%. The company had revenue of $22.25 billion during the quarter, compared to the consensus estimate of $23.01 billion. During the same period in the previous year, the firm posted $2.01 earnings per share. The company’s revenue for the quarter was down 10.0% compared to the same quarter last year. On average, research analysts expect that Dell Technologies Inc. will post 5.66 EPS for the current fiscal year.

Dell Technologies Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Friday, February 2nd. Stockholders of record on Tuesday, January 23rd were paid a $0.37 dividend. This represents a $1.48 dividend on an annualized basis and a dividend yield of 1.71%. The ex-dividend date was Monday, January 22nd. Dell Technologies’s payout ratio is 40.88%.

About Dell Technologies

(Free Report)

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).

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Institutional Ownership by Quarter for Dell Technologies (NYSE:DELL)

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