Little House Capital LLC Sells 7,296 Shares of Dell Technologies Inc. (NYSE:DELL)

Little House Capital LLC reduced its position in Dell Technologies Inc. (NYSE:DELL) by 31.6% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 15,782 shares of the technology company’s stock after selling 7,296 shares during the quarter. Little House Capital LLC’s holdings in Dell Technologies were worth $1,819,000 at the end of the most recent reporting period.

Other large investors have also made changes to their positions in the company. State Street Corp boosted its stake in Dell Technologies by 92.4% in the 3rd quarter. State Street Corp now owns 12,767,011 shares of the technology company’s stock worth $1,513,401,000 after purchasing an additional 6,131,507 shares in the last quarter. Geode Capital Management LLC raised its holdings in shares of Dell Technologies by 71.8% in the third quarter. Geode Capital Management LLC now owns 6,317,829 shares of the technology company’s stock worth $746,596,000 after buying an additional 2,641,456 shares during the last quarter. International Assets Investment Management LLC lifted its stake in shares of Dell Technologies by 19,376.1% during the third quarter. International Assets Investment Management LLC now owns 2,427,699 shares of the technology company’s stock worth $287,779,000 after buying an additional 2,415,234 shares during the period. Swedbank AB increased its position in shares of Dell Technologies by 803.6% in the 4th quarter. Swedbank AB now owns 1,901,112 shares of the technology company’s stock valued at $219,084,000 after acquiring an additional 1,690,709 shares during the period. Finally, Franklin Resources Inc. raised its stake in Dell Technologies by 5,047.4% in the 3rd quarter. Franklin Resources Inc. now owns 1,021,971 shares of the technology company’s stock worth $131,170,000 after acquiring an additional 1,002,117 shares during the last quarter. 76.37% of the stock is owned by institutional investors and hedge funds.

Insider Buying and Selling

In related news, Director Iv (Gp) L.L.C. Slta sold 499,045 shares of the company’s stock in a transaction dated Wednesday, January 8th. The shares were sold at an average price of $119.73, for a total transaction of $59,750,657.85. Following the completion of the sale, the director now owns 810,657 shares of the company’s stock, valued at approximately $97,059,962.61. This represents a 38.10 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CFO Yvonne Mcgill sold 8,000 shares of the stock in a transaction dated 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 sale, the chief financial officer now owns 236,419 shares of the company’s stock, valued at approximately $33,864,657.56. The trade was a 3.27 % decrease in their position. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 945,407 shares of company stock worth $115,564,106. 46.70% of the stock is owned by corporate insiders.

Analyst Upgrades and Downgrades

DELL has been the topic of a number of research reports. JPMorgan Chase & Co. cut their price objective on Dell Technologies from $160.00 to $150.00 and set an “overweight” rating on the stock in a report on Tuesday, February 11th. Melius Research raised their price target on shares of Dell Technologies from $140.00 to $155.00 and gave the stock a “buy” rating in a research report on Wednesday, November 27th. OTR Global raised shares of Dell Technologies from a “negative” rating to a “positive” rating in a report on Wednesday. Citigroup reduced their target price on shares of Dell Technologies from $160.00 to $156.00 and set a “buy” rating for the company in a report on Wednesday, November 27th. Finally, 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. Three research analysts have rated the stock with a hold rating and sixteen have given a buy rating to the company’s stock. According to data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus price target of $145.94.

Dell Technologies Stock Performance

Dell Technologies stock opened at $114.28 on Friday. The stock has a market capitalization of $80.05 billion, a P/E ratio of 20.19, a P/E/G ratio of 0.91 and a beta of 0.90. The company’s fifty day moving average price is $113.18 and its 200 day moving average price is $117.12. Dell Technologies Inc. has a 1 year low of $80.49 and a 1 year high of $179.70.

Dell Technologies (NYSE:DELL) last announced its earnings results on Tuesday, November 26th. The technology company reported $2.15 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.83 by $0.32. The business had revenue of $24.37 billion for the quarter, compared to analyst estimates 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 for the quarter was up 9.5% compared to the same quarter last year. During the same quarter last year, the business earned $1.62 earnings per share. Sell-side analysts predict that Dell Technologies Inc. will post 6.92 EPS for the current year.

Dell Technologies Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Friday, January 31st. Stockholders of record on Wednesday, January 22nd were paid a $0.445 dividend. This represents a $1.78 dividend on an annualized basis and a dividend yield of 1.56%. The ex-dividend date of this dividend was Wednesday, January 22nd. Dell Technologies’s dividend payout ratio is presently 31.45%.

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).