J. Safra Sarasin Holding AG Buys 1,168 Shares of Dell Technologies Inc. (NYSE:DELL)

J. Safra Sarasin Holding AG increased its stake in shares of Dell Technologies Inc. (NYSE:DELL) by 3.9% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 31,079 shares of the technology company’s stock after purchasing an additional 1,168 shares during the quarter. J. Safra Sarasin Holding AG’s holdings in Dell Technologies were worth $3,582,000 as of its most recent SEC filing.

A number of other institutional investors also recently added to or reduced their stakes in DELL. Vision Financial Markets LLC acquired a new position in shares of Dell Technologies during the fourth quarter worth $26,000. Lee Danner & Bass Inc. purchased a new position in Dell Technologies during the 4th quarter worth $26,000. Byrne Asset Management LLC acquired a new position in Dell Technologies during the 4th quarter valued at about $28,000. Versant Capital Management Inc boosted its holdings in Dell Technologies by 54.7% in the fourth quarter. Versant Capital Management Inc now owns 314 shares of the technology company’s stock worth $36,000 after acquiring an additional 111 shares in the last quarter. Finally, Stonebridge Financial Group LLC purchased a new stake in shares of Dell Technologies during the fourth quarter worth about $37,000. Institutional investors own 76.37% of the company’s stock.

Dell Technologies Price Performance

DELL opened at $82.52 on Tuesday. The firm has a fifty day moving average price of $95.22 and a 200 day moving average price of $111.95. Dell Technologies Inc. has a 1 year low of $66.25 and a 1 year high of $179.70. The stock has a market cap of $57.59 billion, a P/E ratio of 14.58, a P/E/G ratio of 1.10 and a beta of 0.94.

Dell Technologies Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Friday, May 2nd. Shareholders of record on Tuesday, April 22nd will be given a $0.525 dividend. The ex-dividend date is Tuesday, April 22nd. This represents a $2.10 dividend on an annualized basis and a dividend yield of 2.54%. This is an increase from Dell Technologies’s previous quarterly dividend of $0.45. Dell Technologies’s dividend payout ratio is 33.76%.

Insider Transactions at Dell Technologies

In other news, CAO Brunilda Rios sold 926 shares of the company’s stock in a transaction that occurred on Friday, March 28th. The stock was sold at an average price of $93.29, for a total transaction of $86,386.54. Following the completion of the transaction, the chief accounting officer now directly owns 37,948 shares of the company’s stock, valued at $3,540,168.92. This represents a 2.38 % decrease in their position. The sale was disclosed in a filing with the SEC, which is available through this link. Also, Director Radakovich Lynn Vojvodich sold 725 shares of Dell Technologies stock in a transaction on Wednesday, January 22nd. The shares were 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 directly owns 23,680 shares in the company, valued at $2,841,600. This represents a 2.97 % decrease in their position. The disclosure for this sale can be found here. Corporate insiders own 46.70% of the company’s stock.

Analyst Ratings Changes

A number of analysts recently commented on DELL shares. Morgan Stanley lowered their target price on shares of Dell Technologies from $154.00 to $128.00 and set an “overweight” rating for the company in a research note on Thursday, February 13th. Wells Fargo & Company lowered their price objective on shares of Dell Technologies from $160.00 to $150.00 and set an “overweight” rating for the company in a research note on Friday, February 28th. Citigroup dropped their price objective on shares of Dell Technologies from $145.00 to $105.00 and set a “buy” rating on the stock in a report on Monday, April 14th. Barclays raised their target price on Dell Technologies from $115.00 to $116.00 and gave the stock an “equal weight” rating in a research note on Friday, February 28th. Finally, TD Cowen dropped their price target 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. Three investment analysts have rated the stock with a hold rating and sixteen have assigned a buy rating to the company. According to data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average target price of $136.41.

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).