Blair William & Co. IL Has $8.14 Million Holdings in Dell Technologies Inc. (NYSE:DELL)

Blair William & Co. IL lowered its stake in shares of Dell Technologies Inc. (NYSE:DELL) by 55.3% in the fourth quarter, according to its most recent 13F filing with the SEC. The fund owned 70,615 shares of the technology company’s stock after selling 87,361 shares during the period. Blair William & Co. IL’s holdings in Dell Technologies were worth $8,138,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently modified their holdings of DELL. NEOS Investment Management LLC purchased a new position in shares of Dell Technologies during the fourth quarter valued at approximately $1,765,000. UniSuper Management Pty Ltd boosted its holdings in Dell Technologies by 13.0% during the 4th quarter. UniSuper Management Pty Ltd now owns 65,558 shares of the technology company’s stock worth $7,555,000 after acquiring an additional 7,558 shares during the last quarter. Elo Mutual Pension Insurance Co grew its stake in shares of Dell Technologies by 36.4% in the 4th quarter. Elo Mutual Pension Insurance Co now owns 33,893 shares of the technology company’s stock worth $3,906,000 after acquiring an additional 9,051 shares in the last quarter. Mitsubishi UFJ Asset Management Co. Ltd. raised its holdings in shares of Dell Technologies by 18.9% in the fourth quarter. Mitsubishi UFJ Asset Management Co. Ltd. now owns 487,777 shares of the technology company’s stock valued at $58,489,000 after purchasing an additional 77,418 shares during the last quarter. Finally, United Super Pty Ltd in its capacity as Trustee for the Construction & Building Unions Superannuation Fund bought a new position in shares of Dell Technologies during the fourth quarter valued at about $207,000. 76.37% of the stock is owned by hedge funds and other institutional investors.

Insider Activity

In other news, Director Radakovich Lynn Vojvodich sold 725 shares of Dell Technologies stock in a transaction dated Wednesday, January 22nd. The stock was sold at an average price of $120.00, for a total transaction of $87,000.00. Following the completion of the sale, the director now owns 23,680 shares in the company, valued at approximately $2,841,600. This trade represents a 2.97 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, Director V (Gp) L.L.C. Slta sold 325,167 shares of the firm’s stock in a transaction that occurred on Monday, January 6th. The shares were sold at an average price of $124.52, for a total transaction of $40,489,794.84. Following the completion of the sale, the director now directly owns 810,657 shares in the company, valued at $100,943,009.64. This represents a 28.63 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 824,937 shares of company stock worth $100,327,453. 46.70% of the stock is owned by company insiders.

Dell Technologies Stock Performance

Shares of NYSE DELL opened at $92.35 on Friday. The stock has a fifty day moving average of $104.31 and a 200-day moving average of $116.28. The stock has a market cap of $64.68 billion, a PE ratio of 16.32, a price-to-earnings-growth ratio of 1.10 and a beta of 0.83. Dell Technologies Inc. has a fifty-two week low of $86.93 and a fifty-two week high of $179.70.

Dell Technologies Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Friday, May 2nd. Stockholders of record on Tuesday, April 22nd will be given a dividend of $0.525 per share. The ex-dividend date of this dividend is Tuesday, April 22nd. This is a boost from Dell Technologies’s previous quarterly dividend of $0.45. This represents a $2.10 annualized dividend and a dividend yield of 2.27%. Dell Technologies’s dividend payout ratio is currently 33.76%.

Wall Street Analyst Weigh In

DELL has been the subject of several analyst reports. OTR Global upgraded shares of Dell Technologies from a “negative” rating to a “positive” rating in a research note on Wednesday, February 12th. Loop Capital dropped their price target on Dell Technologies from $185.00 to $130.00 and set a “buy” rating on the stock in a report on Tuesday, March 4th. Barclays upped their price objective on Dell Technologies from $115.00 to $116.00 and gave the company an “equal weight” rating in a research note on Friday, February 28th. TD Cowen lowered their target price on Dell Technologies from $128.00 to $120.00 and set a “hold” rating on the stock in a research note on Friday, February 28th. Finally, Morgan Stanley reduced their price target on shares of Dell Technologies from $154.00 to $128.00 and set an “overweight” rating for the company in a research report on Thursday, February 13th. Three research analysts have rated the stock with a hold rating and sixteen have given a buy rating to the company. Based on data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $141.24.

Dell Technologies 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).