Toronto Dominion Bank Has $3.36 Million Stock Holdings in Dell Technologies Inc. (NYSE:DELL)

Toronto Dominion Bank decreased its position in Dell Technologies Inc. (NYSE:DELLFree Report) by 21.0% in the 3rd quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 48,828 shares of the technology company’s stock after selling 12,957 shares during the period. Toronto Dominion Bank’s holdings in Dell Technologies were worth $3,364,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Rise Advisors LLC grew its holdings in shares of Dell Technologies by 200.0% in the 3rd quarter. Rise Advisors LLC now owns 357 shares of the technology company’s stock valued at $25,000 after buying an additional 238 shares during the period. Brown Brothers Harriman & Co. bought a new stake in Dell Technologies in the 1st quarter valued at $27,000. Castleview Partners LLC bought a new stake in Dell Technologies in the 3rd quarter valued at $39,000. KB Financial Partners LLC bought a new stake in Dell Technologies in the 2nd quarter valued at $32,000. Finally, Compass Wealth Management LLC bought a new stake in Dell Technologies in the 4th quarter valued at $28,000. Institutional investors and hedge funds own 38.10% of the company’s stock.

Analyst Ratings Changes

Several equities research analysts recently commented on DELL shares. Sanford C. Bernstein boosted their price objective on shares of Dell Technologies from $90.00 to $120.00 and gave the company an “outperform” rating in a research report on Friday. JPMorgan Chase & Co. boosted their price objective on shares of Dell Technologies from $90.00 to $100.00 and gave the company an “overweight” rating in a research report on Thursday, February 22nd. Loop Capital began coverage on shares of Dell Technologies in a research report on Wednesday, February 28th. They issued a “buy” rating and a $125.00 price objective on the stock. Barclays boosted their price target on shares of Dell Technologies from $53.00 to $94.00 and gave the stock an “underweight” rating in a research report on Friday. Finally, UBS Group boosted their price target on shares of Dell Technologies from $99.00 to $113.00 and gave the stock a “buy” rating in a research report on Friday. One investment analyst has rated the stock with a sell rating, one has assigned a hold rating and fourteen have assigned a buy rating to the company. Based on data from MarketBeat.com, Dell Technologies has an average rating of “Moderate Buy” and an average price target of $102.88.

Get Our Latest Report on DELL

Insider Activity at Dell Technologies

In related news, Director Iv (Gp) L.L.C. Slta sold 3,179,972 shares of the stock in a transaction that occurred on Tuesday, January 16th. The shares were sold at an average price of $78.81, for a total value of $250,613,593.32. Following the completion of the transaction, the director now owns 293,812 shares of the company’s stock, valued at approximately $23,155,323.72. The sale was disclosed in a legal filing with the SEC, which is available through the SEC website. 48.60% of the stock is owned by insiders.

Dell Technologies Stock Down 2.2 %

Shares of NYSE:DELL opened at $121.79 on Tuesday. The company’s 50 day moving average price is $84.16 and its two-hundred day moving average price is $74.12. Dell Technologies Inc. has a 12-month low of $35.96 and a 12-month high of $131.06. The firm has a market cap of $86.67 billion, a PE ratio of 27.87, a PEG ratio of 1.70 and a beta of 0.91.

Dell Technologies (NYSE:DELLGet Free Report) last issued its quarterly earnings results on Thursday, February 29th. The technology company reported $2.20 earnings per share for the quarter, topping analysts’ consensus estimates of $1.73 by $0.47. Dell Technologies had a net margin of 3.63% and a negative return on equity of 165.52%. The company had revenue of $22.32 billion during the quarter, compared to the consensus estimate of $22.17 billion. During the same quarter in the prior year, the firm posted $1.55 EPS. The firm’s quarterly revenue was down 10.9% on a year-over-year basis. On average, research analysts expect that Dell Technologies Inc. will post 6.1 EPS for the current year.

Dell Technologies Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Friday, May 3rd. Investors of record on Tuesday, April 23rd will be paid a $0.445 dividend. This is an increase from Dell Technologies’s previous quarterly dividend of $0.37. The ex-dividend date is Monday, April 22nd. This represents a $1.78 annualized dividend and a yield of 1.46%. Dell Technologies’s dividend payout ratio is presently 33.87%.

Dell Technologies Profile

(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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