Little House Capital LLC Purchases 4,513 Shares of Dell Technologies Inc. (NYSE:DELL)

Little House Capital LLC grew its stake in Dell Technologies Inc. (NYSE:DELL) by 24.3% in the third quarter, HoldingsChannel reports. The fund owned 23,078 shares of the technology company’s stock after acquiring an additional 4,513 shares during the period. Little House Capital LLC’s holdings in Dell Technologies were worth $2,736,000 at the end of the most recent reporting period.

A number of other institutional investors also recently modified their holdings of DELL. Massmutual Trust Co. FSB ADV grew its position in shares of Dell Technologies by 58.2% during the 1st quarter. Massmutual Trust Co. FSB ADV now owns 223 shares of the technology company’s stock worth $25,000 after buying an additional 82 shares during the period. Clean Yield Group bought a new position in Dell Technologies in the third quarter valued at approximately $25,000. Accordant Advisory Group Inc bought a new position in Dell Technologies in the second quarter valued at approximately $28,000. New Covenant Trust Company N.A. bought a new position in Dell Technologies in the first quarter valued at approximately $30,000. Finally, Nemes Rush Group LLC bought a new position in Dell Technologies in the second quarter valued at approximately $33,000. 38.10% of the stock is owned by institutional investors.

Insider Activity

In other news, CEO Michael S. Dell sold 221,460 shares of the firm’s stock in a transaction on Friday, September 6th. The stock was sold at an average price of $102.07, for a total transaction of $22,604,422.20. Following the completion of the transaction, the chief executive officer now directly owns 20,190,781 shares in the company, valued at $2,060,873,016.67. This trade represents a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. In other Dell Technologies news, Director Radakovich Lynn Vojvodich sold 725 shares of the firm’s stock in a transaction dated Tuesday, October 15th. The stock was sold at an average price of $129.50, for a total value of $93,887.50. Following the transaction, the director now directly owns 23,680 shares of the company’s stock, valued at approximately $3,066,560. This trade represents a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, CEO Michael S. Dell sold 221,460 shares of Dell Technologies stock in a transaction dated Friday, September 6th. The shares were sold at an average price of $102.07, for a total value of $22,604,422.20. Following the transaction, the chief executive officer now directly owns 20,190,781 shares in the company, valued at approximately $2,060,873,016.67. The trade was a 0.00 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 17,953,387 shares of company stock worth $2,113,353,236 over the last three months. 46.70% of the stock is currently owned by corporate insiders.

Dell Technologies Price Performance

Shares of DELL traded down $0.53 during midday trading on Monday, hitting $125.93. 2,122,882 shares of the company traded hands, compared to its average volume of 10,371,828. The stock has a 50-day moving average of $114.96 and a 200-day moving average of $125.48. The firm has a market cap of $89.32 billion, a P/E ratio of 25.81, a PEG ratio of 1.29 and a beta of 0.90. Dell Technologies Inc. has a one year low of $63.90 and a one year high of $179.70.

Dell Technologies (NYSE:DELL) last released its quarterly earnings data on Thursday, August 29th. The technology company reported $1.89 earnings per share for the quarter, beating analysts’ consensus estimates of $1.49 by $0.40. The firm had revenue of $25.03 billion during the quarter, compared to analyst estimates of $24.14 billion. Dell Technologies had a negative return on equity of 178.09% and a net margin of 4.32%. The business’s quarterly revenue was up 9.1% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $1.44 earnings per share. Sell-side analysts forecast that Dell Technologies Inc. will post 6.91 EPS for the current fiscal year.

Dell Technologies Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Friday, November 1st. Shareholders of record on Tuesday, October 22nd will be given a dividend of $0.445 per share. This represents a $1.78 annualized dividend and a yield of 1.41%. The ex-dividend date of this dividend is Tuesday, October 22nd. Dell Technologies’s dividend payout ratio is currently 36.33%.

Analyst Upgrades and Downgrades

A number of brokerages have recently commented on DELL. Raymond James cut their price objective on shares of Dell Technologies from $166.00 to $160.00 and set an “outperform” rating on the stock in a research report on Friday, August 30th. Mizuho began coverage on shares of Dell Technologies in a research report on Tuesday, September 17th. They issued an “outperform” rating and a $135.00 price objective on the stock. Citigroup upped their price target on shares of Dell Technologies from $155.00 to $160.00 and gave the stock a “buy” rating in a research report on Friday, August 30th. Evercore ISI reaffirmed an “outperform” rating and set a $140.00 price target on shares of Dell Technologies in a research report on Wednesday, August 28th. Finally, Fox Advisors upgraded shares of Dell Technologies from an “equal weight” rating to an “overweight” rating in a report on Friday, August 30th. Three analysts have rated the stock with a hold rating and fourteen have given a buy rating to the company. According to MarketBeat, Dell Technologies has a consensus rating of “Moderate Buy” and an average price target of $143.50.

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).