Dell Technologies Inc. (NYSE:DELL) Shares Acquired by Corient Private Wealth LLC

Corient Private Wealth LLC lifted its position in Dell Technologies Inc. (NYSE:DELL) by 2.3% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 120,269 shares of the technology company’s stock after acquiring an additional 2,653 shares during the period. Corient Private Wealth LLC’s holdings in Dell Technologies were worth $12,895,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds have also recently made changes to their positions in DELL. Optimist Retirement Group LLC increased its position in shares of Dell Technologies by 27.3% in the 3rd quarter. Optimist Retirement Group LLC now owns 2,157 shares of the technology company’s stock valued at $256,000 after acquiring an additional 463 shares during the period. OneDigital Investment Advisors LLC increased its position in shares of Dell Technologies by 18.4% in the 3rd quarter. OneDigital Investment Advisors LLC now owns 3,998 shares of the technology company’s stock valued at $474,000 after acquiring an additional 622 shares during the period. Natixis Advisors LLC increased its position in shares of Dell Technologies by 7.3% in the 3rd quarter. Natixis Advisors LLC now owns 143,063 shares of the technology company’s stock valued at $16,959,000 after acquiring an additional 9,782 shares during the period. Mutual of America Capital Management LLC boosted its holdings in Dell Technologies by 910.1% in the third quarter. Mutual of America Capital Management LLC now owns 35,375 shares of the technology company’s stock valued at $4,193,000 after purchasing an additional 31,873 shares during the last quarter. Finally, Thrivent Financial for Lutherans boosted its holdings in Dell Technologies by 529.6% in the third quarter. Thrivent Financial for Lutherans now owns 14,008 shares of the technology company’s stock valued at $1,661,000 after purchasing an additional 11,783 shares during the last quarter. 76.37% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

DELL has been the topic of several recent research reports. Morgan Stanley lowered their price target on shares of Dell Technologies from $154.00 to $128.00 and set an “overweight” rating on the stock in a report on Thursday, February 13th. UBS Group lowered their price target on shares of Dell Technologies from $158.00 to $150.00 and set a “buy” rating on the stock in a report on Friday, February 28th. Melius Research upped their price target on shares of Dell Technologies from $140.00 to $155.00 and gave the company a “buy” rating in a report on Wednesday, November 27th. Citigroup lowered their price target on shares of Dell Technologies from $156.00 to $145.00 and set a “buy” rating on the stock in a report on Friday, February 21st. Finally, Bank of America lowered their target price on shares of Dell Technologies from $155.00 to $150.00 and set a “buy” rating on the stock in a research note on Tuesday, February 18th. 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.com, the company presently has an average rating of “Moderate Buy” and a consensus target price of $141.24.

Dell Technologies Trading Up 2.4 %

Shares of Dell Technologies stock opened at $98.73 on Thursday. The firm has a market capitalization of $69.15 billion, a PE ratio of 17.44, a P/E/G ratio of 1.10 and a beta of 0.83. Dell Technologies Inc. has a twelve month low of $86.93 and a twelve month high of $179.70. The firm’s 50-day moving average price is $106.34 and its 200 day moving average price is $116.82.

Dell Technologies Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Friday, May 2nd. Shareholders of record on Tuesday, April 22nd will be paid a $0.525 dividend. This represents a $2.10 dividend on an annualized basis and a yield of 2.13%. This is a positive change from Dell Technologies’s previous quarterly dividend of $0.45. The ex-dividend date of this dividend is Tuesday, April 22nd. Dell Technologies’s dividend payout ratio (DPR) is 33.76%.

Insiders Place Their Bets

In other news, Director Radakovich Lynn Vojvodich sold 725 shares of Dell Technologies stock in a transaction that occurred on Wednesday, January 22nd. The shares were sold at an average price of $120.00, for a total transaction of $87,000.00. Following the sale, 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 position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, Director V (Gp) L.L.C. Slta sold 325,167 shares of Dell Technologies stock in a transaction that occurred on Monday, January 6th. The shares were sold at an average price of $124.52, for a total transaction of $40,489,794.84. Following the sale, the director now directly owns 810,657 shares in the company, valued at approximately $100,943,009.64. The trade was a 28.63 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold 824,937 shares of company stock valued at $100,327,453 in the last ninety days. 46.70% of the stock is currently owned by corporate 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).