Farmers & Merchants Investments Inc. Boosts Stock Holdings in Dell Technologies Inc. (NYSE:DELL)

Farmers & Merchants Investments Inc. increased its position in shares of Dell Technologies Inc. (NYSE:DELL) by 1.0% in the 1st quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 106,200 shares of the technology company’s stock after purchasing an additional 1,000 shares during the period. Farmers & Merchants Investments Inc.’s holdings in Dell Technologies were worth $12,118,000 as of its most recent SEC filing.

Other large investors have also recently added to or reduced their stakes in the company. Massmutual Trust Co. FSB ADV grew its position in Dell Technologies by 58.2% during the first quarter. Massmutual Trust Co. FSB ADV now owns 223 shares of the technology company’s stock worth $25,000 after buying an additional 82 shares during the period. Greenleaf Trust grew its position in shares of Dell Technologies by 1.2% in the fourth quarter. Greenleaf Trust now owns 10,097 shares of the technology company’s stock valued at $772,000 after purchasing an additional 122 shares during the last quarter. ORG Partners LLC grew its position in shares of Dell Technologies by 19.0% in the fourth quarter. ORG Partners LLC now owns 876 shares of the technology company’s stock valued at $67,000 after purchasing an additional 140 shares during the last quarter. Eaton Financial Holdings Company LLC grew its position in shares of Dell Technologies by 2.1% in the fourth quarter. Eaton Financial Holdings Company LLC now owns 6,997 shares of the technology company’s stock valued at $535,000 after purchasing an additional 147 shares during the last quarter. Finally, Signet Financial Management LLC grew its position in shares of Dell Technologies by 0.4% in the fourth quarter. Signet Financial Management LLC now owns 40,295 shares of the technology company’s stock valued at $3,083,000 after purchasing an additional 153 shares during the last quarter. 38.10% of the stock is owned by hedge funds and other institutional investors.

Insider Activity at Dell Technologies

In related news, Director Iv (Gp) L.L.C. Slta sold 16,434 shares of Dell Technologies stock in a transaction dated Monday, June 3rd. The shares were sold at an average price of $135.16, for a total value of $2,221,219.44. Following the sale, the director now directly owns 806,352 shares in the company, valued at approximately $108,986,536.32. The sale was disclosed in a legal filing with the SEC, which is available at the SEC website. In other Dell Technologies news, CEO Michael S. Dell sold 139,419 shares of the business’s stock in a transaction dated Thursday, June 6th. The shares were sold at an average price of $136.18, for a total transaction of $18,986,079.42. Following the sale, the chief executive officer now directly owns 30,272,822 shares in the company, valued at approximately $4,122,552,899.96. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. Also, Director Iv (Gp) L.L.C. Slta sold 16,434 shares of the business’s stock in a transaction dated Monday, June 3rd. The stock was sold at an average price of $135.16, for a total transaction of $2,221,219.44. Following the sale, the director now owns 806,352 shares in the company, valued at $108,986,536.32. The disclosure for this sale can be found here. Insiders have sold a total of 6,246,728 shares of company stock worth $842,917,457 in the last ninety days. 46.70% of the stock is owned by insiders.

Analyst Upgrades and Downgrades

DELL has been the topic of several research reports. Loop Capital increased their price target on shares of Dell Technologies from $125.00 to $185.00 and gave the company a “buy” rating in a research report on Tuesday, May 28th. UBS Group raised their target price on shares of Dell Technologies from $113.00 to $141.00 and gave the stock a “buy” rating in a research report on Friday, April 19th. JPMorgan Chase & Co. raised their target price on shares of Dell Technologies from $125.00 to $155.00 and gave the stock an “overweight” rating in a research report on Monday, May 20th. Evercore ISI restated an “outperform” rating and set a $165.00 target price on shares of Dell Technologies in a research report on Monday. Finally, Barclays decreased their target price on shares of Dell Technologies from $98.00 to $97.00 and set an “underweight” rating on the stock in a research report on Friday, May 31st. One equities research analyst has rated the stock with a sell rating, one has given a hold rating and thirteen have given a buy rating to the stock. According to data from MarketBeat, Dell Technologies currently has a consensus rating of “Moderate Buy” and a consensus price target of $135.81.

Dell Technologies Trading Down 1.7 %

DELL stock traded down $2.37 during mid-day trading on Tuesday, hitting $140.45. 3,175,647 shares of the company were exchanged, compared to its average volume of 10,005,657. The company has a market capitalization of $99.62 billion, a PE ratio of 28.76, a price-to-earnings-growth ratio of 1.71 and a beta of 0.92. Dell Technologies Inc. has a twelve month low of $52.05 and a twelve month high of $179.70. The firm has a fifty day simple moving average of $138.43 and a 200 day simple moving average of $110.55.

Dell Technologies (NYSE:DELL) last posted its quarterly earnings results on Thursday, May 30th. The technology company reported $1.04 EPS for the quarter, beating the consensus estimate of $1.00 by $0.04. Dell Technologies had a net margin of 4.00% and a negative return on equity of 173.72%. The business had revenue of $22.24 billion during the quarter, compared to analyst estimates of $21.70 billion. As a group, sell-side analysts anticipate that Dell Technologies Inc. will post 6.85 earnings per share for the current year.

Dell Technologies Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Friday, August 2nd. Investors of record on Tuesday, July 23rd will be given a $0.445 dividend. The ex-dividend date of this dividend is Tuesday, July 23rd. This represents a $1.78 annualized dividend and a yield of 1.27%. Dell Technologies’s dividend payout ratio is presently 36.33%.

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).