Nwam LLC Acquires 1,104 Shares of Dell Technologies Inc. (NYSE:DELL)

Nwam LLC raised its holdings in Dell Technologies Inc. (NYSE:DELL) by 2.3% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 49,933 shares of the technology company’s stock after buying an additional 1,104 shares during the quarter. Nwam LLC’s holdings in Dell Technologies were worth $5,754,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently bought and sold shares of the business. Optimist Retirement Group LLC boosted its position in Dell Technologies by 27.3% in the third quarter. Optimist Retirement Group LLC now owns 2,157 shares of the technology company’s stock valued at $256,000 after buying an additional 463 shares in the last quarter. Louisiana State Employees Retirement System acquired a new position in Dell Technologies in the third quarter valued at about $1,920,000. State of Alaska Department of Revenue acquired a new position in Dell Technologies in the third quarter valued at about $3,959,000. Patriot Financial Group Insurance Agency LLC boosted its position in Dell Technologies by 38.3% in the third quarter. Patriot Financial Group Insurance Agency LLC now owns 3,025 shares of the technology company’s stock valued at $359,000 after buying an additional 838 shares in the last quarter. Finally, Hunter Associates Investment Management LLC boosted its position in Dell Technologies by 4.4% in the third quarter. Hunter Associates Investment Management LLC now owns 3,612 shares of the technology company’s stock valued at $424,000 after buying an additional 151 shares in the last quarter. Institutional investors own 76.37% of the company’s stock.

Wall Street Analyst Weigh In

A number of research firms have commented on DELL. Barclays boosted their price target on shares of Dell Technologies from $106.00 to $115.00 and gave the company an “equal weight” rating in a research report on Wednesday, November 27th. Deutsche Bank Aktiengesellschaft dropped their target price on shares of Dell Technologies from $144.00 to $142.00 and set a “buy” rating for the company in a research note on Monday, December 2nd. Evercore ISI reaffirmed an “outperform” rating and issued a $150.00 target price on shares of Dell Technologies in a research note on Wednesday, November 20th. OTR Global raised shares of Dell Technologies from a “negative” rating to a “positive” rating in a research note on Wednesday, February 12th. Finally, Melius Research boosted their target price on shares of Dell Technologies from $140.00 to $155.00 and gave the stock a “buy” rating in a research note on Wednesday, November 27th. Three analysts have rated the stock with a hold rating and sixteen have given a buy rating to the stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $145.00.

Insider Buying and Selling at Dell Technologies

In other news, Director Iv (Gp) L.L.C. Slta sold 499,045 shares of the company’s stock in a transaction that occurred on Wednesday, January 8th. The shares were sold at an average price of $119.73, for a total value of $59,750,657.85. Following the completion of the transaction, the director now owns 810,657 shares in the company, valued at $97,059,962.61. This represents a 38.10 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Also, CFO Yvonne Mcgill sold 8,000 shares of the company’s stock in a transaction that occurred on Monday, December 2nd. The shares were sold at an average price of $125.82, for a total transaction of $1,006,560.00. Following the completion of the transaction, the chief financial officer now owns 228,419 shares of the company’s stock, valued at $28,739,678.58. This trade represents a 3.38 % decrease in their position. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 937,407 shares of company stock valued at $114,418,186. Corporate insiders own 46.70% of the company’s stock.

Dell Technologies Stock Performance

Shares of NYSE:DELL opened at $115.72 on Thursday. Dell Technologies Inc. has a 52 week low of $86.93 and a 52 week high of $179.70. The company has a market capitalization of $81.06 billion, a PE ratio of 20.45, a PEG ratio of 1.10 and a beta of 0.90. The company has a 50 day moving average price of $112.91 and a two-hundred day moving average price of $118.19.

Dell Technologies (NYSE:DELL) last issued its earnings results on Tuesday, November 26th. The technology company reported $2.15 EPS for the quarter, beating the consensus estimate of $1.83 by $0.32. Dell Technologies had a net margin of 4.36% and a negative return on equity of 191.91%. The firm had revenue of $24.37 billion during the quarter, compared to the consensus estimate of $24.67 billion. During the same quarter in the prior year, the firm earned $1.62 earnings per share. The business’s quarterly revenue was up 9.5% on a year-over-year basis. On average, sell-side analysts forecast that Dell Technologies Inc. will post 6.93 earnings per share for the current year.

Dell Technologies Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, January 31st. Shareholders of record on Wednesday, January 22nd were paid a $0.445 dividend. This represents a $1.78 annualized dividend and a yield of 1.54%. The ex-dividend date of this dividend was Wednesday, January 22nd. Dell Technologies’s payout ratio is presently 31.45%.

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).