Dell Technologies Inc. (NYSE:DELL) Shares Bought by Natixis Advisors LLC

Natixis Advisors LLC raised its stake in Dell Technologies Inc. (NYSE:DELL) by 221.9% in the 4th quarter, HoldingsChannel.com reports. The fund owned 460,535 shares of the technology company’s stock after purchasing an additional 317,472 shares during the period. Natixis Advisors LLC’s holdings in Dell Technologies were worth $53,072,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other large investors also recently bought and sold shares of the company. Burns J W & Co. Inc. NY acquired a new position in Dell Technologies in the fourth quarter valued at $1,272,000. iA Global Asset Management Inc. boosted its stake in shares of Dell Technologies by 84.7% during the third quarter. iA Global Asset Management Inc. now owns 11,345 shares of the technology company’s stock worth $1,345,000 after buying an additional 5,203 shares during the period. Sky Investment Group LLC acquired a new stake in shares of Dell Technologies during the fourth quarter worth about $1,687,000. Enclave Advisors LLC acquired a new stake in shares of Dell Technologies during the fourth quarter worth about $848,000. Finally, Empowered Funds LLC boosted its stake in shares of Dell Technologies by 12.9% during the fourth quarter. Empowered Funds LLC now owns 30,388 shares of the technology company’s stock worth $3,502,000 after buying an additional 3,470 shares during the period. Institutional investors and hedge funds own 76.37% of the company’s stock.

Dell Technologies Trading Up 3.6 %

DELL stock opened at $95.76 on Friday. Dell Technologies Inc. has a 12-month low of $86.93 and a 12-month high of $179.70. The company has a market cap of $67.08 billion, a price-to-earnings ratio of 16.92, a PEG ratio of 1.10 and a beta of 0.83. The firm has a 50 day moving average of $107.79 and a 200-day moving average of $117.13.

Dell Technologies Increases Dividend

The business 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 is an increase from Dell Technologies’s previous quarterly dividend of $0.45. This represents a $2.10 annualized dividend and a dividend yield of 2.19%. The ex-dividend date is Tuesday, April 22nd. Dell Technologies’s payout ratio is currently 33.76%.

Analysts Set New Price Targets

DELL has been the subject of several recent research reports. Deutsche Bank Aktiengesellschaft decreased their target price on shares of Dell Technologies from $144.00 to $142.00 and set a “buy” rating for the company in a research note on Monday, December 2nd. Citigroup decreased their target price on shares of Dell Technologies from $156.00 to $145.00 and set a “buy” rating for the company in a research note on Friday, February 21st. TD Cowen decreased their target price on shares of Dell Technologies from $128.00 to $120.00 and set a “hold” rating for the company in a research note on Friday, February 28th. Melius Research raised their price objective on shares of Dell Technologies from $140.00 to $155.00 and gave the company a “buy” rating in a research report on Wednesday, November 27th. Finally, UBS Group reduced their price objective on shares of Dell Technologies from $158.00 to $150.00 and set a “buy” rating for the company in a research report on Friday, February 28th. Three research analysts have rated the stock with a hold rating and sixteen have given a buy rating to the stock. Based on data from MarketBeat.com, Dell Technologies currently has an average rating of “Moderate Buy” and an average price target of $141.24.

Insider Buying and Selling

In related news, Director Iv (Gp) L.L.C. Slta sold 499,045 shares of Dell Technologies stock in a transaction that occurred on Wednesday, January 8th. The stock was sold at an average price of $119.73, for a total transaction of $59,750,657.85. Following the completion of the transaction, the director now directly owns 810,657 shares in the company, valued at $97,059,962.61. The trade was a 38.10 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, Director Radakovich Lynn Vojvodich sold 725 shares of the business’s stock in a transaction on Monday, December 16th. The shares were sold at an average price of $120.00, for a total value of $87,000.00. Following the completion of the transaction, the director now owns 23,680 shares of the company’s stock, valued at $2,841,600. This trade represents a 2.97 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 825,662 shares of company stock worth $100,414,453 in the last ninety days. Insiders own 46.70% of the company’s stock.

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).