Values First Advisors Inc. Acquires 508 Shares of Dell Technologies Inc. (NYSE:DELL)

Values First Advisors Inc. boosted its holdings in Dell Technologies Inc. (NYSE:DELL) by 62.8% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 1,317 shares of the technology company’s stock after acquiring an additional 508 shares during the quarter. Values First Advisors Inc.’s holdings in Dell Technologies were worth $152,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the business. Burns J W & Co. Inc. NY bought a new position in shares of Dell Technologies in the fourth quarter worth about $1,272,000. iA Global Asset Management Inc. boosted its stake in shares of Dell Technologies by 84.7% in the 3rd quarter. iA Global Asset Management Inc. now owns 11,345 shares of the technology company’s stock valued at $1,345,000 after purchasing an additional 5,203 shares during the last quarter. National Pension Service raised its stake in shares of Dell Technologies by 8.8% during the third quarter. National Pension Service now owns 620,406 shares of the technology company’s stock worth $73,543,000 after buying an additional 50,304 shares during the last quarter. Sky Investment Group LLC acquired a new position in Dell Technologies in the fourth quarter valued at approximately $1,687,000. Finally, Enclave Advisors LLC acquired a new stake in Dell Technologies during the 4th quarter worth $848,000. Institutional investors own 76.37% of the company’s stock.

Dell Technologies Stock Performance

NYSE:DELL opened at $112.93 on Thursday. The company has a market cap of $79.10 billion, a PE ratio of 19.95, a PEG ratio of 0.91 and a beta of 0.90. The stock has a 50-day simple moving average of $113.92 and a 200 day simple moving average of $117.18. Dell Technologies Inc. has a 52-week low of $80.49 and a 52-week high of $179.70.

Dell Technologies (NYSE:DELL) last posted its quarterly earnings data on Tuesday, November 26th. The technology company reported $2.15 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.83 by $0.32. Dell Technologies had a net margin of 4.36% and a negative return on equity of 191.91%. The company had revenue of $24.37 billion for the quarter, compared to the consensus estimate of $24.67 billion. During the same period last year, the company earned $1.62 earnings per share. The firm’s revenue was up 9.5% compared to the same quarter last year. On average, research analysts predict that Dell Technologies Inc. will post 6.92 earnings per share for the current fiscal year.

Dell Technologies Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Friday, January 31st. Stockholders of record on Wednesday, January 22nd were issued a $0.445 dividend. This represents a $1.78 annualized dividend and a dividend yield of 1.58%. The ex-dividend date was Wednesday, January 22nd. Dell Technologies’s payout ratio is 31.45%.

Insider Activity at Dell Technologies

In related news, CFO Yvonne Mcgill sold 8,000 shares of the firm’s stock in a transaction dated Monday, December 2nd. The shares were sold at an average price of $125.82, for a total value of $1,006,560.00. Following the completion of the sale, the chief financial officer now directly owns 228,419 shares in the company, valued at approximately $28,739,678.58. This trade represents a 3.38 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, Director Radakovich Lynn Vojvodich sold 725 shares of the business’s stock in a transaction that occurred on Wednesday, January 22nd. The stock was sold at an average price of $120.00, for a total value of $87,000.00. Following the transaction, the director now directly owns 23,680 shares in the company, valued at approximately $2,841,600. This trade represents a 2.97 % decrease in their position. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 946,132 shares of company stock valued at $115,660,009. 46.70% of the stock is owned by insiders.

Analyst Upgrades and Downgrades

DELL has been the topic of a number of analyst reports. Barclays increased their price target on Dell Technologies from $106.00 to $115.00 and gave the company an “equal weight” rating in a research note on Wednesday, November 27th. Citigroup reduced their target price on Dell Technologies from $160.00 to $156.00 and set a “buy” rating on the stock in a report on Wednesday, November 27th. Wells Fargo & Company increased their price target on shares of Dell Technologies from $140.00 to $160.00 and gave the company an “overweight” rating in a research report on Monday, November 18th. OTR Global upgraded shares of Dell Technologies from a “negative” rating to a “positive” rating in a report on Wednesday. Finally, Morgan Stanley increased their target price on shares of Dell Technologies from $136.00 to $154.00 and gave the stock an “overweight” rating in a report on Monday, November 11th. Three equities research analysts have rated the stock with a hold rating and sixteen have issued a buy rating to the company’s stock. According to MarketBeat, the company currently has an average rating of “Moderate Buy” and an average target price of $147.47.

About Dell Technologies

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).