Campbell Capital Management Inc. Has $6.81 Million Stock Position in Dell Technologies Inc. (NYSE:DELL)

Campbell Capital Management Inc. raised its position in shares of Dell Technologies Inc. (NYSE:DELL) by 1.2% in the fourth quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 59,075 shares of the technology company’s stock after purchasing an additional 673 shares during the quarter. Dell Technologies accounts for about 2.7% of Campbell Capital Management Inc.’s investment portfolio, making the stock its 10th biggest holding. Campbell Capital Management Inc.’s holdings in Dell Technologies were worth $6,808,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also bought and sold shares of the company. Vision Financial Markets LLC purchased a new position in Dell Technologies during the fourth quarter valued at approximately $26,000. Byrne Asset Management LLC bought a new position in Dell Technologies during the fourth quarter valued at $28,000. True Wealth Design LLC boosted its stake in shares of Dell Technologies by 2,530.0% during the third quarter. True Wealth Design LLC now owns 263 shares of the technology company’s stock valued at $31,000 after purchasing an additional 253 shares during the period. Covestor Ltd boosted its stake in shares of Dell Technologies by 290.7% during the third quarter. Covestor Ltd now owns 293 shares of the technology company’s stock valued at $35,000 after purchasing an additional 218 shares during the period. Finally, Versant Capital Management Inc boosted its stake in shares of Dell Technologies by 54.7% during the fourth quarter. Versant Capital Management Inc now owns 314 shares of the technology company’s stock valued at $36,000 after purchasing an additional 111 shares during the period. 76.37% of the stock is currently owned by institutional investors.

Insider Buying and Selling

In related news, Director Radakovich Lynn Vojvodich sold 725 shares of the firm’s stock in a transaction dated Monday, December 16th. 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 directly owns 23,680 shares of the company’s stock, valued at approximately $2,841,600. This trade represents a 2.97 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, Director V (Gp) L.L.C. Slta sold 325,167 shares of the firm’s stock in a transaction dated Monday, January 6th. The shares were sold at an average price of $124.52, for a total value of $40,489,794.84. Following the transaction, the director now owns 810,657 shares of the company’s stock, valued at $100,943,009.64. This trade represents a 28.63 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last ninety days, insiders sold 825,662 shares of company stock valued at $100,414,453. 46.70% of the stock is currently owned by insiders.

Analyst Upgrades and Downgrades

A number of analysts recently weighed in on DELL shares. UBS Group lowered their price objective on shares of Dell Technologies from $158.00 to $150.00 and set a “buy” rating for the company in a research note on Friday, February 28th. Mizuho cut their price objective on shares of Dell Technologies from $155.00 to $150.00 and set an “outperform” rating on the stock in a report on Wednesday, November 27th. Deutsche Bank Aktiengesellschaft cut their price target on shares of Dell Technologies from $144.00 to $142.00 and set a “buy” rating on the stock in a report on Monday, December 2nd. JPMorgan Chase & Co. cut their price target on shares of Dell Technologies from $160.00 to $150.00 and set an “overweight” rating on the stock in a report on Tuesday, February 11th. Finally, Citigroup lowered their price objective on Dell Technologies from $156.00 to $145.00 and set a “buy” rating on the stock in a research report on Friday, February 21st. Three equities research analysts have rated the stock with a hold rating and sixteen have given a buy rating to the stock. According to MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus target price of $141.24.

Dell Technologies Stock Up 3.6 %

Shares of DELL opened at $95.76 on Friday. 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 $67.08 billion, a PE ratio of 16.92, a price-to-earnings-growth ratio of 1.10 and a beta of 0.83. The stock has a fifty day simple moving average of $107.79 and a two-hundred day simple moving average of $117.09.

Dell Technologies Increases Dividend

The business also recently announced a quarterly dividend, which will be paid on Friday, May 2nd. Shareholders of record on Tuesday, April 22nd will be paid a $0.525 dividend. The ex-dividend date of this dividend is Tuesday, April 22nd. This is an increase from Dell Technologies’s previous quarterly dividend of $0.45. This represents a $2.10 dividend on an annualized basis and a dividend yield of 2.19%. Dell Technologies’s dividend payout ratio (DPR) is 33.76%.

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).