Dell Technologies Inc. (NYSE:DELL) Shares Bought by Northwest & Ethical Investments L.P.

Northwest & Ethical Investments L.P. grew its holdings in shares of Dell Technologies Inc. (NYSE:DELL) by 12.9% during the fourth quarter, according to its most recent Form 13F filing with the SEC. The firm owned 28,169 shares of the technology company’s stock after purchasing an additional 3,208 shares during the period. Northwest & Ethical Investments L.P.’s holdings in Dell Technologies were worth $3,246,000 at the end of the most recent reporting period.

Other institutional investors have also bought and sold shares of the company. State Street Corp lifted its position in Dell Technologies by 92.4% in the third quarter. State Street Corp now owns 12,767,011 shares of the technology company’s stock worth $1,513,401,000 after purchasing an additional 6,131,507 shares during the period. Geode Capital Management LLC lifted its holdings in shares of Dell Technologies by 71.8% in the third quarter. Geode Capital Management LLC now owns 6,317,829 shares of the technology company’s stock valued at $746,596,000 after buying an additional 2,641,456 shares during the period. Bank of New York Mellon Corp boosted its stake in Dell Technologies by 63.6% during the fourth quarter. Bank of New York Mellon Corp now owns 2,931,240 shares of the technology company’s stock valued at $337,796,000 after buying an additional 1,139,318 shares in the last quarter. Alkeon Capital Management LLC grew its holdings in Dell Technologies by 48.3% during the third quarter. Alkeon Capital Management LLC now owns 2,146,777 shares of the technology company’s stock worth $254,479,000 after acquiring an additional 699,204 shares during the period. Finally, Charles Schwab Investment Management Inc. raised its position in Dell Technologies by 12.4% in the fourth quarter. Charles Schwab Investment Management Inc. now owns 1,938,713 shares of the technology company’s stock worth $223,417,000 after acquiring an additional 213,240 shares in the last quarter. Institutional investors and hedge funds own 76.37% of the company’s stock.

Dell Technologies Stock Up 0.0 %

Shares of NYSE:DELL opened at $98.75 on Friday. The firm has a fifty day moving average of $105.93 and a two-hundred day moving average of $116.69. Dell Technologies Inc. has a 12-month low of $86.93 and a 12-month high of $179.70. The firm has a market capitalization of $69.17 billion, a P/E ratio of 17.45, a price-to-earnings-growth ratio of 1.10 and a beta of 0.83.

Dell Technologies Increases Dividend

The company 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 a boost from Dell Technologies’s previous quarterly dividend of $0.45. The ex-dividend date is Tuesday, April 22nd. This represents a $2.10 dividend on an annualized basis and a yield of 2.13%. Dell Technologies’s dividend payout ratio (DPR) is presently 33.76%.

Analysts Set New Price Targets

DELL has been the topic of several recent research reports. UBS Group lowered their price objective on shares of Dell Technologies from $158.00 to $150.00 and set a “buy” rating on the stock in a research note on Friday, February 28th. OTR Global upgraded shares of Dell Technologies from a “negative” rating to a “positive” rating in a research report on Wednesday, February 12th. TD Cowen cut their price objective on Dell Technologies from $128.00 to $120.00 and set a “hold” rating for the company in a research report on Friday, February 28th. Wells Fargo & Company decreased their target price on Dell Technologies from $160.00 to $150.00 and set an “overweight” rating on the stock in a report on Friday, February 28th. Finally, Morgan Stanley reduced their target price on Dell Technologies from $154.00 to $128.00 and set an “overweight” rating for the company in a report on Thursday, February 13th. Three research analysts have rated the stock with a hold rating and sixteen have given a buy rating to the company. According to data from MarketBeat.com, Dell Technologies currently has an average rating of “Moderate Buy” and a consensus target price of $141.24.

Insider Buying and Selling at Dell Technologies

In related news, Director V (Gp) L.L.C. Slta sold 325,167 shares of Dell Technologies stock in a transaction on 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 completion of the sale, the director now owns 810,657 shares of the company’s stock, valued at approximately $100,943,009.64. The trade was a 28.63 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, Director Iv (Gp) L.L.C. Slta sold 499,045 shares of the stock in a transaction 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 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 ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 824,937 shares of company stock worth $100,327,453 over the last 90 days. 46.70% of the stock is currently owned by corporate insiders.

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).