Dell Technologies Inc. (NYSE:DELL) Shares Acquired by Disciplined Equity Management Inc.

Disciplined Equity Management Inc. increased its position in shares of Dell Technologies Inc. (NYSE:DELL) by 6,106.6% in the 1st quarter, according to the company in its most recent disclosure with the SEC. The fund owned 7,510 shares of the technology company’s stock after purchasing an additional 7,389 shares during the quarter. Disciplined Equity Management Inc.’s holdings in Dell Technologies were worth $857,000 as of its most recent filing with the SEC.

Other institutional investors also recently bought and sold shares of the company. DZ BANK AG Deutsche Zentral Genossenschafts Bank Frankfurt am Main lifted its stake in Dell Technologies by 449.8% in the 4th quarter. DZ BANK AG Deutsche Zentral Genossenschafts Bank Frankfurt am Main now owns 3,714,573 shares of the technology company’s stock valued at $284,165,000 after buying an additional 3,038,891 shares in the last quarter. Morgan Stanley boosted its stake in shares of Dell Technologies by 96.9% during the third quarter. Morgan Stanley now owns 5,023,755 shares of the technology company’s stock valued at $346,137,000 after acquiring an additional 2,472,866 shares during the last quarter. DekaBank Deutsche Girozentrale increased its position in Dell Technologies by 1,071.4% during the 4th quarter. DekaBank Deutsche Girozentrale now owns 1,213,463 shares of the technology company’s stock worth $92,281,000 after purchasing an additional 1,109,876 shares in the last quarter. Assenagon Asset Management S.A. raised its stake in Dell Technologies by 311.5% in the 1st quarter. Assenagon Asset Management S.A. now owns 1,195,871 shares of the technology company’s stock valued at $136,461,000 after purchasing an additional 905,279 shares during the last quarter. Finally, Balyasny Asset Management L.P. lifted its holdings in Dell Technologies by 2,466.2% in the 4th quarter. Balyasny Asset Management L.P. now owns 886,409 shares of the technology company’s stock valued at $67,810,000 after purchasing an additional 851,867 shares in the last quarter. 38.10% of the stock is currently owned by hedge funds and other institutional investors.

Dell Technologies Trading Down 3.5 %

Shares of DELL traded down $5.05 during midday trading on Thursday, reaching $140.72. 8,184,471 shares of the company were exchanged, compared to its average volume of 10,051,078. Dell Technologies Inc. has a 1-year low of $52.05 and a 1-year high of $179.70. The company has a market cap of $99.81 billion, a price-to-earnings ratio of 29.12, a P/E/G ratio of 1.81 and a beta of 0.92. The stock has a 50-day moving average price of $141.84 and a 200-day moving average price of $114.21.

Dell Technologies (NYSE:DELL) last released its quarterly earnings results on Thursday, May 30th. The technology company reported $1.04 earnings per share for the quarter, topping analysts’ consensus estimates of $1.00 by $0.04. The firm had revenue of $22.24 billion during the quarter, compared to analysts’ expectations of $21.70 billion. Dell Technologies had a negative return on equity of 173.72% and a net margin of 4.00%. Equities research analysts anticipate that Dell Technologies Inc. will post 6.85 earnings per share for the current year.

Dell Technologies Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Friday, August 2nd. Investors of record on Tuesday, July 23rd will be paid a dividend of $0.445 per share. This represents a $1.78 annualized dividend and a yield of 1.26%. The ex-dividend date is Tuesday, July 23rd. Dell Technologies’s dividend payout ratio (DPR) is 36.33%.

Analysts Set New Price Targets

Several brokerages recently issued reports on DELL. Bank of America upped their price objective on shares of Dell Technologies from $130.00 to $180.00 and gave the company a “buy” rating in a research note on Wednesday, May 29th. Sanford C. Bernstein lifted their price objective on Dell Technologies from $120.00 to $155.00 and gave the company an “outperform” rating in a research report on Monday, May 20th. TD Cowen increased their target price on Dell Technologies from $105.00 to $155.00 and gave the stock a “hold” rating in a research report on Friday, May 31st. Wells Fargo & Company lifted their price target on Dell Technologies from $170.00 to $175.00 and gave the company an “overweight” rating in a report on Friday, May 31st. Finally, Citigroup increased their price objective on shares of Dell Technologies from $125.00 to $170.00 and gave the stock a “buy” rating in a report on Tuesday, May 21st. One investment analyst has rated the stock with a sell rating, one has issued a hold rating and thirteen have assigned a buy rating to the stock. According to MarketBeat.com, Dell Technologies has a consensus rating of “Moderate Buy” and an average price target of $135.81.

Insiders Place Their Bets

In other Dell Technologies news, CEO Michael S. Dell sold 139,419 shares of the firm’s stock in a transaction that occurred on Thursday, June 6th. The stock was sold at an average price of $136.18, for a total transaction of $18,986,079.42. Following the completion of the sale, the chief executive officer now owns 30,272,822 shares in the company, valued at approximately $4,122,552,899.96. The sale was disclosed in a legal filing with the SEC, which is available through the SEC website. In other Dell Technologies news, CEO Michael S. Dell sold 139,419 shares of the stock in a transaction on Thursday, June 6th. The shares were sold at an average price of $136.18, for a total transaction of $18,986,079.42. Following the transaction, the chief executive officer now directly owns 30,272,822 shares in the company, valued at approximately $4,122,552,899.96. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, Director V (Gp) L.L.C. Slta sold 389,189 shares of the business’s stock in a transaction dated Thursday, June 20th. The stock was sold at an average price of $158.79, for a total transaction of $61,799,321.31. Following the completion of the sale, the director now directly owns 731,612 shares of the company’s stock, valued at approximately $116,172,669.48. The disclosure for this sale can be found here. Insiders have sold 7,012,239 shares of company stock worth $956,883,994 in the last quarter. 46.70% of the stock is owned by corporate insiders.

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).