Dell Technologies Inc. (NYSE:DELL) Shares Sold by Ferguson Wellman Capital Management Inc.

Ferguson Wellman Capital Management Inc. trimmed its holdings in Dell Technologies Inc. (NYSE:DELL) by 5.0% during the fourth quarter, HoldingsChannel reports. The firm owned 38,379 shares of the technology company’s stock after selling 2,003 shares during the period. Ferguson Wellman Capital Management Inc.’s holdings in Dell Technologies were worth $4,423,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also made changes to their positions in the stock. Dynamic Advisor Solutions LLC acquired a new stake in Dell Technologies during the third quarter worth about $227,000. Brookstone Capital Management increased its holdings in shares of Dell Technologies by 61.0% during the 3rd quarter. Brookstone Capital Management now owns 3,029 shares of the technology company’s stock worth $359,000 after buying an additional 1,148 shares during the last quarter. Livforsakringsbolaget Skandia Omsesidigt raised its position in shares of Dell Technologies by 361.0% during the 3rd quarter. Livforsakringsbolaget Skandia Omsesidigt now owns 2,623 shares of the technology company’s stock valued at $311,000 after buying an additional 2,054 shares during the period. Valeo Financial Advisors LLC lifted its holdings in Dell Technologies by 75.0% in the third quarter. Valeo Financial Advisors LLC now owns 8,165 shares of the technology company’s stock valued at $968,000 after acquiring an additional 3,500 shares during the last quarter. Finally, First Affirmative Financial Network increased its stake in Dell Technologies by 12.6% during the third quarter. First Affirmative Financial Network now owns 2,157 shares of the technology company’s stock worth $256,000 after acquiring an additional 241 shares during the last quarter. 76.37% of the stock is currently owned by institutional investors and hedge funds.

Insiders Place Their Bets

In other Dell Technologies news, Director Radakovich Lynn Vojvodich sold 725 shares of the business’s stock in a transaction that occurred on Friday, November 15th. The stock was sold at an average price of $132.28, for a total value of $95,903.00. Following the completion of the sale, the director now owns 23,680 shares in the company, valued at approximately $3,132,390.40. The trade was a 2.97 % decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, Director Iv (Gp) L.L.C. Slta sold 499,045 shares of the firm’s stock in a transaction that occurred 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 owns 810,657 shares in the company, valued at approximately $97,059,962.61. This trade represents a 38.10 % decrease in their ownership of the stock. 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 corporate insiders.

Dell Technologies Stock Up 0.5 %

Shares of Dell Technologies stock opened at $106.45 on Monday. Dell Technologies Inc. has a 52-week low of $80.49 and a 52-week high of $179.70. The company has a 50 day moving average of $114.47 and a 200 day moving average of $117.18. The company has a market capitalization of $74.56 billion, a P/E ratio of 18.81, a P/E/G ratio of 0.91 and a beta of 0.90.

Dell Technologies (NYSE:DELL) last issued its earnings results on Tuesday, November 26th. The technology company reported $2.15 EPS for the quarter, topping analysts’ consensus estimates of $1.83 by $0.32. The firm had revenue of $24.37 billion during 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 company’s revenue was up 9.5% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $1.62 earnings per share. As a group, research analysts anticipate that Dell Technologies Inc. will post 6.92 earnings per share for the current fiscal year.

Dell Technologies Announces Dividend

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

Wall Street Analysts Forecast Growth

Several equities analysts have recently commented on DELL shares. Melius Research upped their price target on Dell Technologies from $140.00 to $155.00 and gave the company a “buy” rating in a research note on Wednesday, November 27th. Wells Fargo & Company increased their target price on shares of Dell Technologies from $140.00 to $160.00 and gave the stock an “overweight” rating in a research note on Monday, November 18th. Mizuho reduced their price target on shares of Dell Technologies from $155.00 to $150.00 and set an “outperform” rating on the stock 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 company an “equal weight” rating in a report on Wednesday, November 27th. Finally, Evercore ISI restated an “outperform” rating and set a $150.00 price target on shares of Dell Technologies in a research note on Wednesday, November 20th. Three investment analysts have rated the stock with a hold rating and fifteen have given a buy rating to the stock. According to MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average target price of $148.06.

Dell Technologies 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).