Dell Technologies Inc. (NYSE:DELL) Stock Holdings Boosted by Stratos Wealth Partners LTD.

Stratos Wealth Partners LTD. raised its position in shares of Dell Technologies Inc. (NYSE:DELL) by 12.0% in the fourth quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 3,364 shares of the technology company’s stock after purchasing an additional 361 shares during the quarter. Stratos Wealth Partners LTD.’s holdings in Dell Technologies were worth $257,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently modified their holdings of the company. Anchor Investment Management LLC acquired a new stake in shares of Dell Technologies during the 4th quarter valued at $26,000. Farmers & Merchants Trust Co of Chambersburg PA lifted its position in shares of Dell Technologies by 454.5% during the 4th quarter. Farmers & Merchants Trust Co of Chambersburg PA now owns 488 shares of the technology company’s stock valued at $37,000 after acquiring an additional 400 shares during the last quarter. Brown Brothers Harriman & Co. acquired a new stake in shares of Dell Technologies during the 1st quarter valued at $27,000. Castleview Partners LLC acquired a new stake in shares of Dell Technologies during the 3rd quarter valued at $39,000. Finally, KB Financial Partners LLC acquired a new stake in shares of Dell Technologies during the 2nd quarter valued at $32,000. Institutional investors and hedge funds own 38.10% of the company’s stock.

Dell Technologies Price Performance

Dell Technologies stock opened at $117.81 on Tuesday. The company has a market capitalization of $84.09 billion, a price-to-earnings ratio of 26.96, a PEG ratio of 1.49 and a beta of 0.92. Dell Technologies Inc. has a one year low of $41.47 and a one year high of $136.16. The company’s fifty day moving average price is $106.22 and its two-hundred day moving average price is $85.06.

Dell Technologies (NYSE:DELL) last posted its earnings results on Thursday, February 29th. The technology company reported $2.20 EPS for the quarter, topping the consensus estimate of $1.73 by $0.47. The firm had revenue of $22.32 billion for the quarter, compared to the consensus estimate of $22.17 billion. Dell Technologies had a net margin of 3.63% and a negative return on equity of 172.07%. The business’s quarterly revenue was down 10.9% on a year-over-year basis. During the same period in the prior year, the business posted $1.55 earnings per share. As a group, sell-side analysts anticipate that Dell Technologies Inc. will post 6.58 earnings per share for the current year.

Dell Technologies Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Friday, May 3rd. Shareholders of record on Tuesday, April 23rd will be given a dividend of $0.445 per share. This represents a $1.78 annualized dividend and a yield of 1.51%. This is an increase from Dell Technologies’s previous quarterly dividend of $0.37. The ex-dividend date is Monday, April 22nd. Dell Technologies’s dividend payout ratio is presently 33.87%.

Insider Activity

In other news, Director Iv (Gp) L.L.C. Slta sold 42,545 shares of the firm’s stock in a transaction dated Thursday, April 4th. The stock was sold at an average price of $134.37, for a total value of $5,716,771.65. Following the sale, the director now directly owns 535,816 shares of the company’s stock, valued at $71,997,595.92. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. In other news, Director Iv (Gp) L.L.C. Slta sold 42,545 shares of the firm’s stock in a transaction dated Thursday, April 4th. The stock was sold at an average price of $134.37, for a total value of $5,716,771.65. Following the sale, the director now directly owns 535,816 shares of the company’s stock, valued at $71,997,595.92. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. Also, insider Jennifer D. Saavedra sold 18,260 shares of the firm’s stock in a transaction dated Wednesday, March 6th. The shares were sold at an average price of $120.10, for a total value of $2,193,026.00. Following the completion of the sale, the insider now directly owns 206,961 shares in the company, valued at $24,856,016.10. The disclosure for this sale can be found here. Over the last ninety days, insiders have sold 6,382,204 shares of company stock valued at $718,452,037. 48.60% of the stock is owned by insiders.

Analysts Set New Price Targets

A number of equities research analysts have recently commented on DELL shares. Loop Capital started coverage on Dell Technologies in a research report on Wednesday, February 28th. They set a “buy” rating and a $125.00 price objective for the company. Evercore ISI increased their target price on Dell Technologies from $95.00 to $125.00 and gave the company an “outperform” rating in a report on Friday, March 1st. Barclays increased their target price on Dell Technologies from $53.00 to $94.00 and gave the company an “underweight” rating in a report on Friday, March 1st. The Goldman Sachs Group increased their target price on Dell Technologies from $87.00 to $129.00 and gave the company a “buy” rating in a report on Monday, March 4th. Finally, JPMorgan Chase & Co. increased their target price on Dell Technologies from $90.00 to $100.00 and gave the company an “overweight” rating in a report on Thursday, February 22nd. One equities research analyst has rated the stock with a sell rating, one has given a hold rating and twelve have given a buy rating to the stock. According to data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average target price of $102.88.

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).