Dell Technologies Inc. (NYSE:DELL) Shares Bought by TD Asset Management Inc.

TD Asset Management Inc. grew its holdings in shares of Dell Technologies Inc. (NYSE:DELL) by 4.9% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 67,804 shares of the technology company’s stock after purchasing an additional 3,141 shares during the quarter. TD Asset Management Inc.’s holdings in Dell Technologies were worth $7,054,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also made changes to their positions in the company. Nuveen Asset Management LLC boosted its stake in Dell Technologies by 39.5% during the 2nd quarter. Nuveen Asset Management LLC now owns 1,075,977 shares of the technology company’s stock worth $107,243,000 after purchasing an additional 304,665 shares during the last quarter. Price T Rowe Associates Inc. MD boosted its position in shares of Dell Technologies by 195.1% during the 2nd quarter. Price T Rowe Associates Inc. MD now owns 353,866 shares of the technology company’s stock valued at $35,270,000 after acquiring an additional 233,944 shares during the last quarter. Grantham Mayo Van Otterloo & Co. LLC boosted its position in shares of Dell Technologies by 309.9% during the 2nd quarter. Grantham Mayo Van Otterloo & Co. LLC now owns 52,051 shares of the technology company’s stock valued at $5,188,000 after acquiring an additional 39,351 shares during the last quarter. Metropolitan Life Insurance Co NY boosted its position in shares of Dell Technologies by 1,216,600.0% during the 2nd quarter. Metropolitan Life Insurance Co NY now owns 12,167 shares of the technology company’s stock valued at $1,213,000 after acquiring an additional 12,166 shares during the last quarter. Finally, First Trust Advisors LP boosted its position in shares of Dell Technologies by 29.4% during the 2nd quarter. First Trust Advisors LP now owns 1,093,921 shares of the technology company’s stock valued at $109,031,000 after acquiring an additional 248,428 shares during the last quarter. 31.00% of the stock is currently owned by institutional investors.

Shares of DELL opened at $60.53 on Friday. The stock has a 50 day moving average price of $56.79 and a 200 day moving average price of $84.58. The company has a quick ratio of 0.74, a current ratio of 0.82 and a debt-to-equity ratio of 2.23. The company has a market capitalization of $46.24 billion, a price-to-earnings ratio of 7.02, a price-to-earnings-growth ratio of 0.69 and a beta of 0.91. Dell Technologies Inc. has a 52-week low of $36.19 and a 52-week high of $60.77.

Dell Technologies (NYSE:DELL) last posted its quarterly earnings data on Tuesday, November 23rd. The technology company reported $2.37 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of $2.18 by $0.19. The business had revenue of $28.41 billion during the quarter, compared to the consensus estimate of $27.02 billion. Dell Technologies had a return on equity of 74.56% and a net margin of 6.46%. The company’s revenue was up 20.8% compared to the same quarter last year. During the same period in the prior year, the company earned $2.03 earnings per share. On average, equities analysts anticipate that Dell Technologies Inc. will post 7.24 EPS for the current fiscal year.

In related news, CMO Allison Dew sold 49,776 shares of the stock in a transaction on Thursday, December 2nd. The stock was sold at an average price of $57.16, for a total transaction of $2,845,196.16. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, insider William F. Scannell sold 155,090 shares of the stock in a transaction on Thursday, December 2nd. The stock was sold at an average price of $57.00, for a total value of $8,840,130.00. The disclosure for this sale can be found here. Insiders sold 373,986 shares of company stock valued at $25,505,083 over the last three months. Corporate insiders own 47.00% of the company’s stock.

Several research analysts have recently weighed in on DELL shares. Citigroup started coverage on shares of Dell Technologies in a research report on Friday, September 17th. They set a “buy” rating on the stock. TheStreet raised shares of Dell Technologies from a “c+” rating to a “b” rating in a research report on Monday, December 27th. Sanford C. Bernstein raised shares of Dell Technologies from a “market perform” rating to an “outperform” rating and boosted their price target for the company from $35.57 to $72.00 in a research report on Monday, January 10th. Barclays initiated coverage on shares of Dell Technologies in a research report on Tuesday, November 2nd. They issued an “equal weight” rating and a $59.00 target price on the stock. Finally, Raymond James decreased their target price on shares of Dell Technologies from $121.00 to $60.00 and set an “outperform” rating on the stock in a research report on Thursday, November 4th. Four investment analysts have rated the stock with a hold rating, thirteen have issued a buy rating and one has assigned a strong buy rating to the company’s stock. Based on data from MarketBeat, the stock has a consensus rating of “Buy” and an average price target of $97.50.

Dell Technologies Company Profile

Dell Technologies, Inc is a holding company, which engages in the provision of information technology hardware, software, and service solutions through its subsidiaries. It operates through the following segments: Infrastructure Solutions Group (ISG), Client Solutions Group (CSG), and VMware. The ISG segment includes servers, networking, and storage, as well as services and third-party software and peripherals that are closely tied to the sale of ISG hardware.

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Institutional Ownership by Quarter for Dell Technologies (NYSE:DELL)

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