Vanguard Personalized Indexing Management LLC Boosts Holdings in Dell Technologies Inc. (NYSE:DELL)

Vanguard Personalized Indexing Management LLC increased its position in shares of Dell Technologies Inc. (NYSE:DELLFree Report) by 1.8% in the 3rd quarter, Holdings Channel.com reports. The firm owned 13,432 shares of the technology company’s stock after acquiring an additional 240 shares during the quarter. Vanguard Personalized Indexing Management LLC’s holdings in Dell Technologies were worth $925,000 at the end of the most recent quarter.

Several other hedge funds also recently bought and sold shares of the stock. Vanguard Group Inc. boosted its stake in Dell Technologies by 1.8% during the first quarter. Vanguard Group Inc. now owns 17,498,328 shares of the technology company’s stock worth $878,241,000 after buying an additional 301,756 shares during the period. Boston Partners purchased a new position in Dell Technologies during the second quarter worth about $529,103,000. State Street Corp boosted its stake in Dell Technologies by 2.0% during the first quarter. State Street Corp now owns 7,107,031 shares of the technology company’s stock worth $356,702,000 after buying an additional 138,821 shares during the period. Goldman Sachs Group Inc. boosted its stake in Dell Technologies by 80.7% during the first quarter. Goldman Sachs Group Inc. now owns 4,976,265 shares of the technology company’s stock worth $249,759,000 after buying an additional 2,222,995 shares during the period. Finally, Arrowstreet Capital Limited Partnership boosted its stake in Dell Technologies by 10.0% during the first quarter. Arrowstreet Capital Limited Partnership now owns 4,693,844 shares of the technology company’s stock worth $235,584,000 after buying an additional 427,038 shares during the period. Hedge funds and other institutional investors own 38.10% of the company’s stock.

Dell Technologies Trading Up 0.5 %

DELL stock opened at $86.60 on Tuesday. Dell Technologies Inc. has a twelve month low of $35.96 and a twelve month high of $86.90. The company’s 50 day moving average is $77.99 and its two-hundred day moving average is $70.18. The stock has a market cap of $61.62 billion, a P/E ratio of 23.92, a PEG ratio of 1.19 and a beta of 0.90.

Dell Technologies (NYSE:DELLGet Free Report) last released its quarterly earnings data on Thursday, November 30th. The technology company reported $1.88 earnings per share for the quarter, topping analysts’ consensus estimates of $1.46 by $0.42. The company had revenue of $22.25 billion for the quarter, compared to analysts’ expectations of $23.01 billion. Dell Technologies had a net margin of 2.92% and a negative return on equity of 150.29%. The firm’s revenue for the quarter was down 10.0% on a year-over-year basis. During the same quarter last year, the company earned $2.01 earnings per share. On average, equities research analysts predict that Dell Technologies Inc. will post 5.66 earnings per share for the current year.

Dell Technologies Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, February 2nd. Stockholders of record on Tuesday, January 23rd were issued a $0.37 dividend. The ex-dividend date of this dividend was Monday, January 22nd. This represents a $1.48 dividend on an annualized basis and a dividend yield of 1.71%. Dell Technologies’s payout ratio is 40.88%.

Wall Street Analyst Weigh In

Several research analysts have recently commented on DELL shares. Sanford C. Bernstein raised their price objective on shares of Dell Technologies from $80.00 to $90.00 and gave the company an “outperform” rating in a research note on Wednesday, January 3rd. TD Cowen raised their price objective on shares of Dell Technologies from $58.00 to $75.00 and gave the company a “market perform” rating in a research note on Friday, December 1st. The Goldman Sachs Group raised their price objective on shares of Dell Technologies from $78.00 to $86.00 and gave the company a “buy” rating in a research note on Friday, December 1st. JPMorgan Chase & Co. raised shares of Dell Technologies from a “neutral” rating to an “overweight” rating and raised their price objective for the company from $77.00 to $90.00 in a research note on Monday, January 8th. Finally, Wells Fargo & Company raised their price objective on shares of Dell Technologies from $80.00 to $85.00 and gave the company an “overweight” rating in a research note on Friday, December 1st. One research analyst has rated the stock with a sell rating, one has assigned a hold rating and thirteen have issued a buy rating to the company’s stock. According to data from MarketBeat.com, Dell Technologies presently has an average rating of “Moderate Buy” and a consensus target price of $78.80.

Read Our Latest Research Report on Dell Technologies

Insider Activity

In other news, Director Iv (Gp) L.L.C. Slta sold 3,179,972 shares of Dell Technologies stock in a transaction on Tuesday, January 16th. The shares were sold at an average price of $78.81, for a total value of $250,613,593.32. Following the transaction, the director now directly owns 293,812 shares of the company’s stock, valued at approximately $23,155,323.72. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Corporate insiders own 48.60% of the company’s stock.

Dell Technologies Company Profile

(Free Report)

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).

See Also

Want to see what other hedge funds are holding DELL? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Dell Technologies Inc. (NYSE:DELLFree Report).

Institutional Ownership by Quarter for Dell Technologies (NYSE:DELL)

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