Dell Technologies Inc. (NYSE:DELL) Holdings Lifted by Lingohr Asset Management GmbH

Lingohr Asset Management GmbH increased its holdings in shares of Dell Technologies Inc. (NYSE:DELL) by 42.7% during the fourth quarter, HoldingsChannel.com reports. The institutional investor owned 8,143 shares of the technology company’s stock after purchasing an additional 2,435 shares during the quarter. Dell Technologies makes up 1.9% of Lingohr Asset Management GmbH’s investment portfolio, making the stock its 13th largest position. Lingohr Asset Management GmbH’s holdings in Dell Technologies were worth $931,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors and hedge funds have also modified their holdings of DELL. Optimist Retirement Group LLC grew its holdings in shares of Dell Technologies by 27.3% during the third quarter. Optimist Retirement Group LLC now owns 2,157 shares of the technology company’s stock valued at $256,000 after buying an additional 463 shares in the last quarter. OneDigital Investment Advisors LLC grew its holdings in shares of Dell Technologies by 18.4% during the third quarter. OneDigital Investment Advisors LLC now owns 3,998 shares of the technology company’s stock valued at $474,000 after buying an additional 622 shares in the last quarter. Natixis Advisors LLC grew its holdings in shares of Dell Technologies by 7.3% during the third quarter. Natixis Advisors LLC now owns 143,063 shares of the technology company’s stock valued at $16,959,000 after buying an additional 9,782 shares in the last quarter. Mutual of America Capital Management LLC grew its holdings in shares of Dell Technologies by 910.1% during the third quarter. Mutual of America Capital Management LLC now owns 35,375 shares of the technology company’s stock valued at $4,193,000 after buying an additional 31,873 shares in the last quarter. Finally, Thrivent Financial for Lutherans boosted its position in Dell Technologies by 529.6% during the third quarter. Thrivent Financial for Lutherans now owns 14,008 shares of the technology company’s stock valued at $1,661,000 after purchasing an additional 11,783 shares during the last quarter. Hedge funds and other institutional investors own 76.37% of the company’s stock.

Insider Buying and Selling

In related news, Director Radakovich Lynn Vojvodich sold 725 shares of the business’s stock in a transaction dated Wednesday, January 22nd. The stock was sold at an average price of $120.00, for a total transaction of $87,000.00. Following the transaction, the director now directly owns 23,680 shares in the company, valued at $2,841,600. The trade was a 2.97 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this link. Also, Director V (Gp) L.L.C. Slta sold 325,167 shares of the business’s stock in a transaction dated Monday, January 6th. The shares were sold at an average price of $124.52, for a total value of $40,489,794.84. Following the transaction, the director now owns 810,657 shares in the company, valued at $100,943,009.64. This represents a 28.63 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last 90 days, insiders sold 824,937 shares of company stock valued at $100,327,453. Insiders own 46.70% of the company’s stock.

Analyst Ratings Changes

DELL has been the subject of a number of research reports. Citigroup reduced their price objective on Dell Technologies from $156.00 to $145.00 and set a “buy” rating for the company in a research report on Friday, February 21st. UBS Group reduced their price objective on Dell Technologies from $158.00 to $150.00 and set a “buy” rating for the company in a research report on Friday, February 28th. Wells Fargo & Company reduced their price objective on Dell Technologies from $160.00 to $150.00 and set an “overweight” rating for the company in a research report on Friday, February 28th. JPMorgan Chase & Co. reduced their price objective on Dell Technologies from $160.00 to $150.00 and set an “overweight” rating for the company in a research report on Tuesday, February 11th. Finally, The Goldman Sachs Group reduced their price objective on Dell Technologies from $165.00 to $145.00 and set a “buy” rating for the company in a research report on Monday, March 3rd. Three research analysts have rated the stock with a hold rating and sixteen have issued a buy rating to the company. According to data from MarketBeat.com, Dell Technologies currently has a consensus rating of “Moderate Buy” and an average target price of $141.24.

Dell Technologies Stock Performance

NYSE DELL opened at $98.73 on Thursday. Dell Technologies Inc. has a twelve month low of $86.93 and a twelve month high of $179.70. The stock has a market capitalization of $69.15 billion, a PE ratio of 17.44, a P/E/G ratio of 1.10 and a beta of 0.83. The stock has a 50-day simple moving average of $106.34 and a 200 day simple moving average of $116.82.

Dell Technologies Increases Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, May 2nd. Investors of record on Tuesday, April 22nd will be given a dividend of $0.525 per share. This represents a $2.10 annualized dividend and a dividend yield of 2.13%. The ex-dividend date of this dividend is Tuesday, April 22nd. This is a boost from Dell Technologies’s previous quarterly dividend of $0.45. Dell Technologies’s payout ratio is currently 33.76%.

Dell Technologies 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).