Banque Cantonale Vaudoise Increases Stock Holdings in Dell Technologies Inc. (NYSE:DELL)

Banque Cantonale Vaudoise lifted its stake in shares of Dell Technologies Inc. (NYSE:DELLFree Report) by 50.9% during the 1st quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 43,675 shares of the technology company’s stock after buying an additional 14,728 shares during the period. Banque Cantonale Vaudoise’s holdings in Dell Technologies were worth $4,984,000 at the end of the most recent quarter.

Several other hedge funds also recently modified their holdings of DELL. Jones Financial Companies Lllp bought a new stake in shares of Dell Technologies during the 4th quarter valued at $25,000. Massmutual Trust Co. FSB ADV raised its position in Dell Technologies by 58.2% during 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 during the last quarter. Anchor Investment Management LLC purchased a new stake in Dell Technologies during the 4th quarter valued at $26,000. Pinnacle Bancorp Inc. boosted its stake in Dell Technologies by 96.9% during the 4th quarter. Pinnacle Bancorp Inc. now owns 382 shares of the technology company’s stock valued at $29,000 after purchasing an additional 188 shares during the last quarter. Finally, Farmers & Merchants Trust Co of Chambersburg PA boosted its stake in Dell Technologies by 454.5% during the 4th quarter. Farmers & Merchants Trust Co of Chambersburg PA now owns 488 shares of the technology company’s stock valued at $37,000 after purchasing an additional 400 shares during the last quarter. Hedge funds and other institutional investors own 38.10% of the company’s stock.

Dell Technologies Stock Down 3.0 %

Shares of DELL traded down $4.44 during midday trading on Friday, reaching $144.08. The company had a trading volume of 6,967,640 shares, compared to its average volume of 9,839,485. The firm has a 50 day simple moving average of $135.85 and a 200-day simple moving average of $107.03. The stock has a market cap of $102.84 billion, a PE ratio of 29.40, a price-to-earnings-growth ratio of 1.85 and a beta of 0.85. Dell Technologies Inc. has a 1-year low of $49.76 and a 1-year high of $179.70.

Dell Technologies Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, August 2nd. Investors of record on Tuesday, July 23rd will be given a dividend of $0.445 per share. This represents a $1.78 dividend on an annualized basis and a dividend yield of 1.24%. The ex-dividend date is Tuesday, July 23rd. Dell Technologies’s payout ratio is 36.33%.

Insider Buying and Selling

In other Dell Technologies news, Director Iv (Gp) L.L.C. Slta sold 16,434 shares of Dell Technologies stock in a transaction dated Monday, June 3rd. The stock was sold at an average price of $135.16, for a total value of $2,221,219.44. Following the completion of the transaction, the director now directly owns 806,352 shares of the company’s stock, valued at approximately $108,986,536.32. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink. In other Dell Technologies news, Director Iv (Gp) L.L.C. Slta sold 16,434 shares of Dell Technologies stock in a transaction dated Monday, June 3rd. The stock was sold at an average price of $135.16, for a total value of $2,221,219.44. Following the completion of the transaction, the director now directly owns 806,352 shares of the company’s stock, valued at approximately $108,986,536.32. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink. Also, insider William F. Scannell sold 106,483 shares of Dell Technologies stock in a transaction dated Wednesday, April 3rd. The shares were sold at an average price of $129.15, for a total value of $13,752,279.45. Following the completion of the transaction, the insider now directly owns 356,077 shares of the company’s stock, valued at $45,987,344.55. The disclosure for this sale can be found here. In the last ninety days, insiders sold 5,857,539 shares of company stock valued at $781,118,135. 46.70% of the stock is currently owned by insiders.

Analysts Set New Price Targets

Several analysts have recently weighed in on DELL shares. JPMorgan Chase & Co. lifted their price target on shares of Dell Technologies from $125.00 to $155.00 and gave the company an “overweight” rating in a research note on Monday, May 20th. Bank of America upped their price target on Dell Technologies from $130.00 to $180.00 and gave the stock a “buy” rating in a research report on Wednesday, May 29th. Evercore ISI upped their price target on Dell Technologies from $140.00 to $165.00 and gave the stock an “outperform” rating in a research report on Thursday, May 16th. TD Cowen upped their price target on Dell Technologies from $105.00 to $155.00 and gave the stock a “hold” rating in a research report on Friday, May 31st. Finally, Citigroup upped their price target on Dell Technologies from $125.00 to $170.00 and gave the stock a “buy” rating in a research report on Tuesday, May 21st. One analyst has rated the stock with a sell rating, one has given a hold rating and thirteen have given a buy rating to the company’s stock. According to data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $135.81.

Read Our Latest Research Report on DELL

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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