Arlington Capital Management Inc. Acquires 18,436 Shares of Dell Technologies Inc. (NYSE:DELL)

Arlington Capital Management Inc. lifted its position in Dell Technologies Inc. (NYSE:DELL) by 538.7% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 21,858 shares of the technology company’s stock after buying an additional 18,436 shares during the quarter. Dell Technologies comprises approximately 1.7% of Arlington Capital Management Inc.’s holdings, making the stock its 13th largest position. Arlington Capital Management Inc.’s holdings in Dell Technologies were worth $2,519,000 at the end of the most recent reporting period.

A number of other hedge funds also recently bought and sold shares of the company. Vision Financial Markets LLC acquired a new stake in Dell Technologies during the fourth quarter worth $26,000. Lee Danner & Bass Inc. bought a new position in Dell Technologies in the 4th quarter valued at $26,000. Byrne Asset Management LLC bought a new position in shares of Dell Technologies in the 4th quarter valued at about $28,000. True Wealth Design LLC boosted its stake in Dell Technologies by 2,530.0% in the third quarter. True Wealth Design LLC now owns 263 shares of the technology company’s stock valued at $31,000 after acquiring an additional 253 shares during the last quarter. Finally, Versant Capital Management Inc boosted its position in shares of Dell Technologies by 54.7% in the 4th quarter. Versant Capital Management Inc now owns 314 shares of the technology company’s stock worth $36,000 after purchasing an additional 111 shares during the last quarter. 76.37% of the stock is currently owned by institutional investors.

Insiders Place Their Bets

In related news, Director Radakovich Lynn Vojvodich sold 725 shares of Dell Technologies stock in a transaction that occurred on Wednesday, January 22nd. The stock was sold at an average price of $120.00, for a total value of $87,000.00. Following the transaction, the director now directly owns 23,680 shares of the company’s stock, valued at $2,841,600. The trade was a 2.97 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. 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 stock was sold at an average price of $124.52, for a total transaction of $40,489,794.84. Following the transaction, the director now owns 810,657 shares of the company’s stock, valued at approximately $100,943,009.64. The trade was a 28.63 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold 824,937 shares of company stock valued at $100,327,453 in the last ninety days. 46.70% of the stock is currently owned by insiders.

Analyst Ratings Changes

Several analysts recently commented on the company. Loop Capital dropped their price objective on Dell Technologies from $185.00 to $130.00 and set a “buy” rating on the stock in a research note on Tuesday, March 4th. Morgan Stanley cut their price target on shares of Dell Technologies from $154.00 to $128.00 and set an “overweight” rating on the stock in a research report on Thursday, February 13th. Melius Research upped 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. JPMorgan Chase & Co. cut their price target on Dell Technologies from $160.00 to $150.00 and set an “overweight” rating for the company in a report on Tuesday, February 11th. Finally, OTR Global upgraded Dell Technologies from a “negative” rating to a “positive” rating in a research note on Wednesday, February 12th. Three equities research analysts have rated the stock with a hold rating and sixteen have assigned a buy rating to the stock. According to data from MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus price target of $141.24.

Dell Technologies Trading Down 1.1 %

Dell Technologies stock opened at $98.72 on Wednesday. The stock has a 50-day moving average price of $105.17 and a two-hundred day moving average price of $116.59. Dell Technologies Inc. has a 12 month low of $86.93 and a 12 month high of $179.70. The company has a market capitalization of $69.15 billion, a PE ratio of 17.44, a P/E/G ratio of 1.10 and a beta of 0.83.

Dell Technologies Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Friday, May 2nd. Investors of record on Tuesday, April 22nd will be given a dividend of $0.525 per share. The ex-dividend date is Tuesday, April 22nd. This is an increase from Dell Technologies’s previous quarterly dividend of $0.45. This represents a $2.10 annualized dividend and a yield of 2.13%. Dell Technologies’s dividend payout ratio (DPR) is currently 33.76%.

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).