Dell Technologies Inc. (NYSE:DELL) Shares Bought by Robeco Schweiz AG

Robeco Schweiz AG lifted its stake in shares of Dell Technologies Inc. (NYSE:DELL) by 19.8% during the 4th quarter, according to its most recent Form 13F filing with the SEC. The fund owned 76,300 shares of the technology company’s stock after purchasing an additional 12,600 shares during the period. Robeco Schweiz AG’s holdings in Dell Technologies were worth $8,793,000 as of its most recent filing with the SEC.

A number of other hedge funds have also bought and sold shares of the company. Intrepid Financial Planning Group LLC grew its position in shares of Dell Technologies by 0.7% in the 3rd quarter. Intrepid Financial Planning Group LLC now owns 12,002 shares of the technology company’s stock worth $1,423,000 after acquiring an additional 80 shares in the last quarter. Smithfield Trust Co lifted its stake in Dell Technologies by 8.0% during the third quarter. Smithfield Trust Co now owns 1,139 shares of the technology company’s stock worth $134,000 after purchasing an additional 84 shares during the last quarter. Graypoint LLC boosted its holdings in Dell Technologies by 4.3% in the third quarter. Graypoint LLC now owns 2,086 shares of the technology company’s stock worth $247,000 after purchasing an additional 86 shares during the period. ASB Consultores LLC raised its holdings in shares of Dell Technologies by 4.6% during the third quarter. ASB Consultores LLC now owns 1,987 shares of the technology company’s stock worth $236,000 after purchasing an additional 87 shares during the period. Finally, Equitable Trust Co. lifted its position in shares of Dell Technologies by 3.1% in the 3rd quarter. Equitable Trust Co. now owns 2,942 shares of the technology company’s stock worth $349,000 after buying an additional 88 shares during the last quarter. 76.37% of the stock is currently owned by institutional investors and hedge funds.

Dell Technologies Price Performance

Shares of NYSE:DELL opened at $115.72 on Thursday. The stock’s 50 day moving average price is $112.91 and its 200 day moving average price is $118.19. The stock has a market cap of $81.06 billion, a price-to-earnings ratio of 20.45, a PEG ratio of 1.10 and a beta of 0.90. Dell Technologies Inc. has a 12 month low of $86.93 and a 12 month high of $179.70.

Dell Technologies (NYSE:DELL) last announced its quarterly earnings data on Tuesday, November 26th. The technology company reported $2.15 earnings per share for the quarter, beating the consensus estimate of $1.83 by $0.32. The business had revenue of $24.37 billion during the quarter, compared to analyst estimates of $24.67 billion. Dell Technologies had a negative return on equity of 191.91% and a net margin of 4.36%. The company’s revenue was up 9.5% on a year-over-year basis. During the same quarter in the prior year, the firm posted $1.62 earnings per share. On average, sell-side analysts expect that Dell Technologies Inc. will post 6.93 EPS for the current year.

Dell Technologies Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Friday, January 31st. Stockholders of record on Wednesday, January 22nd were given a dividend of $0.445 per share. The ex-dividend date was Wednesday, January 22nd. This represents a $1.78 annualized dividend and a dividend yield of 1.54%. Dell Technologies’s dividend payout ratio (DPR) is 31.45%.

Wall Street Analysts Forecast Growth

A number of equities research analysts recently weighed in on DELL shares. Citigroup lowered their price objective on shares of Dell Technologies from $156.00 to $145.00 and set a “buy” rating for the company in a research report on Friday, February 21st. Barclays increased their price target on Dell Technologies from $106.00 to $115.00 and gave the stock an “equal weight” rating in a research report on Wednesday, November 27th. Mizuho lowered their price objective on Dell Technologies from $155.00 to $150.00 and set an “outperform” rating for the company in a research note on Wednesday, November 27th. Evercore ISI reiterated an “outperform” rating and issued a $150.00 target price on shares of Dell Technologies in a research note on Wednesday, November 20th. Finally, Melius Research upped their price target on shares of Dell Technologies from $140.00 to $155.00 and gave the stock a “buy” rating in a research report on Wednesday, November 27th. Three research analysts have rated the stock with a hold rating and sixteen have assigned a buy rating to the company’s stock. According to data from MarketBeat, Dell Technologies has an average rating of “Moderate Buy” and an average price target of $145.00.

Insider Activity at Dell Technologies

In other Dell Technologies news, Director Iv (Gp) L.L.C. Slta sold 499,045 shares of the business’s stock in a transaction dated 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 sale, the director now owns 810,657 shares in the company, valued at approximately $97,059,962.61. The trade was a 38.10 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, Director Radakovich Lynn Vojvodich sold 725 shares of the firm’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 completion of the transaction, the director now owns 23,680 shares of the company’s stock, valued at approximately $2,841,600. The trade was a 2.97 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 937,407 shares of company stock valued at $114,418,186 over the last ninety days. Insiders own 46.70% of the company’s stock.

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).