Dell Technologies Inc. (NYSE:DELL) Stock Position Lifted by Opinicus Capital Inc.

Opinicus Capital Inc. increased its stake in Dell Technologies Inc. (NYSE:DELL) by 14.1% in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 5,883 shares of the technology company’s stock after purchasing an additional 728 shares during the quarter. Opinicus Capital Inc.’s holdings in Dell Technologies were worth $678,000 at the end of the most recent quarter.

Other large investors have also recently bought and sold shares of the company. Burns J W & Co. Inc. NY acquired a new position in Dell Technologies during the fourth quarter worth about $1,272,000. iA Global Asset Management Inc. raised its holdings 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 worth $1,345,000 after purchasing an additional 5,203 shares in the last quarter. National Pension Service lifted its stake in Dell Technologies by 8.8% during the third quarter. National Pension Service now owns 620,406 shares of the technology company’s stock valued at $73,543,000 after purchasing an additional 50,304 shares during the last quarter. Sky Investment Group LLC bought a new stake in Dell Technologies during the fourth quarter worth approximately $1,687,000. Finally, Enclave Advisors LLC bought a new position in shares of Dell Technologies in the fourth quarter valued at $848,000. Institutional investors and hedge funds own 76.37% of the company’s stock.

Analyst Ratings Changes

Several equities research analysts have recently weighed in on DELL shares. Wells Fargo & Company raised their price objective on Dell Technologies from $140.00 to $160.00 and gave the stock an “overweight” rating in a research note on Monday, November 18th. Deutsche Bank Aktiengesellschaft dropped their price target on Dell Technologies from $144.00 to $142.00 and set a “buy” rating on the stock in a research note on Monday, December 2nd. Citigroup reduced their price objective on shares of Dell Technologies from $160.00 to $156.00 and set a “buy” rating for the company in a research note on Wednesday, November 27th. Barclays lifted their target price on shares of Dell Technologies from $106.00 to $115.00 and gave the stock an “equal weight” rating in a research report on Wednesday, November 27th. Finally, Melius Research raised their price objective on shares of Dell Technologies from $140.00 to $155.00 and gave the stock a “buy” rating in a research note on Wednesday, November 27th. Three research analysts have rated the stock with a hold rating and fifteen have issued a buy rating to the stock. According to MarketBeat, the stock has an average rating of “Moderate Buy” and an average price target of $148.06.

Dell Technologies Stock Up 0.5 %

NYSE DELL opened at $106.45 on Friday. The company has a 50 day moving average price of $114.90 and a two-hundred day moving average price of $117.40. Dell Technologies Inc. has a 12-month low of $80.49 and a 12-month high of $179.70. The stock has a market capitalization of $74.56 billion, a PE ratio of 18.81, a price-to-earnings-growth ratio of 1.10 and a beta of 0.90.

Dell Technologies (NYSE:DELL) last posted its earnings results on Tuesday, November 26th. The technology company reported $2.15 EPS for the quarter, topping the consensus estimate of $1.83 by $0.32. The firm had revenue of $24.37 billion for the quarter, compared to the consensus estimate of $24.67 billion. Dell Technologies had a net margin of 4.36% and a negative return on equity of 191.91%. The business’s quarterly revenue was up 9.5% on a year-over-year basis. During the same period in the prior year, the business posted $1.62 earnings per share. As a group, equities analysts anticipate that Dell Technologies Inc. will post 6.92 EPS for the current year.

Dell Technologies Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Friday, January 31st. Stockholders of record on Wednesday, January 22nd were given a $0.445 dividend. This represents a $1.78 dividend on an annualized basis and a dividend yield of 1.67%. The ex-dividend date of this dividend was Wednesday, January 22nd. Dell Technologies’s dividend payout ratio is 31.45%.

Insider Transactions at Dell Technologies

In related news, Director Radakovich Lynn Vojvodich sold 725 shares of the stock in a transaction that occurred on Friday, November 15th. The stock was sold at an average price of $132.28, for a total transaction of $95,903.00. Following the completion of the sale, the director now owns 23,680 shares in the company, valued at $3,132,390.40. This represents a 2.97 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, 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 value of $59,750,657.85. Following the completion of the transaction, the director now directly owns 810,657 shares in the company, valued at approximately $97,059,962.61. This represents a 38.10 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last three months, insiders sold 946,132 shares of company stock worth $115,660,009. 46.70% of the stock is owned by insiders.

Dell Technologies Company 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).