Dell Technologies Inc. (NYSE:DELL) Shares Bought by Manchester Capital Management LLC

Manchester Capital Management LLC raised its position in Dell Technologies Inc. (NYSE:DELL) by 6.9% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 3,977 shares of the technology company’s stock after buying an additional 256 shares during the period. Manchester Capital Management LLC’s holdings in Dell Technologies were worth $458,000 at the end of the most recent reporting period.

Other institutional investors also recently bought and sold shares of the company. Byrne Asset Management LLC acquired a new stake in Dell Technologies in the 4th quarter worth about $28,000. True Wealth Design LLC lifted its stake in Dell Technologies by 2,530.0% in the 3rd quarter. True Wealth Design LLC now owns 263 shares of the technology company’s stock worth $31,000 after purchasing an additional 253 shares in the last quarter. MCF Advisors LLC lifted its stake in Dell Technologies by 132.0% in the 3rd quarter. MCF Advisors LLC now owns 290 shares of the technology company’s stock worth $34,000 after purchasing an additional 165 shares in the last quarter. Covestor Ltd lifted its stake in Dell Technologies by 290.7% in the 3rd quarter. Covestor Ltd now owns 293 shares of the technology company’s stock worth $35,000 after purchasing an additional 218 shares in the last quarter. Finally, Versant Capital Management Inc lifted its stake in Dell Technologies by 54.7% in the 4th quarter. Versant Capital Management Inc now owns 314 shares of the technology company’s stock worth $36,000 after purchasing an additional 111 shares in the last quarter. 76.37% of the stock is currently owned by institutional investors and hedge funds.

Insider Buying and Selling at Dell Technologies

In other Dell Technologies news, Director V (Gp) L.L.C. Slta sold 103,745 shares of the company’s stock in a transaction on Friday, December 6th. The shares were sold at an average price of $125.28, for a total value of $12,997,173.60. Following the completion of the transaction, the director now owns 777,347 shares in the company, valued at $97,386,032.16. This represents a 11.77 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, CFO Yvonne Mcgill sold 8,000 shares of the company’s stock in a transaction on Friday, November 22nd. The shares were sold at an average price of $143.24, for a total transaction of $1,145,920.00. Following the completion of the transaction, the chief financial officer now owns 236,419 shares of the company’s stock, valued at $33,864,657.56. This represents a 3.27 % decrease in their position. The disclosure for this sale can be found here. Insiders sold 945,407 shares of company stock worth $115,564,106 over the last 90 days. Corporate insiders own 46.70% of the company’s stock.

Dell Technologies Stock Up 3.6 %

NYSE:DELL opened at $114.28 on Friday. The company has a fifty day simple moving average of $113.36 and a two-hundred day simple moving average of $117.10. The company has a market cap of $80.05 billion, a price-to-earnings ratio of 20.19, a price-to-earnings-growth ratio of 0.91 and a beta of 0.90. Dell Technologies Inc. has a 52 week low of $80.49 and a 52 week high of $179.70.

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. On average, analysts expect that Dell Technologies Inc. will post 6.92 EPS for the current year.

Dell Technologies Dividend Announcement

The business also recently disclosed 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 was Wednesday, January 22nd. This represents a $1.78 annualized dividend and a yield of 1.56%. Dell Technologies’s dividend payout ratio is presently 31.45%.

Wall Street Analysts Forecast Growth

DELL has been the topic of a number of research reports. OTR Global raised shares of Dell Technologies from a “negative” rating to a “positive” rating in a research note on Wednesday. Barclays lifted their price target on shares of Dell Technologies from $106.00 to $115.00 and gave the company an “equal weight” rating in a research report on Wednesday, November 27th. Evercore ISI reaffirmed an “outperform” rating and set a $150.00 price target on shares of Dell Technologies in a research report on Wednesday, November 20th. 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 report on Wednesday, November 27th. Finally, Citigroup reduced their price target on shares of Dell Technologies from $160.00 to $156.00 and set a “buy” rating on the stock in a research report on Wednesday, November 27th. Three analysts have rated the stock with a hold rating and sixteen have assigned a buy rating to the company’s stock. According to MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average target price of $145.94.

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).