Vision Financial Markets LLC Invests $26,000 in Dell Technologies Inc. (NYSE:DELL)

Vision Financial Markets LLC acquired a new stake in Dell Technologies Inc. (NYSE:DELL) during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund acquired 228 shares of the technology company’s stock, valued at approximately $26,000.

A number of other large investors also recently bought and sold shares of DELL. Arizona State Retirement System lifted its stake in Dell Technologies by 11.9% during the fourth quarter. Arizona State Retirement System now owns 90,298 shares of the technology company’s stock worth $10,406,000 after purchasing an additional 9,609 shares in the last quarter. Vantage Financial Partners LLC purchased a new stake in shares of Dell Technologies in the 4th quarter valued at $204,000. Proficio Capital Partners LLC acquired a new position in Dell Technologies during the 4th quarter worth about $237,000. M&T Bank Corp grew its position in Dell Technologies by 4.2% in the 4th quarter. M&T Bank Corp now owns 41,046 shares of the technology company’s stock valued at $4,730,000 after acquiring an additional 1,663 shares in the last quarter. Finally, Atria Investments Inc increased its stake in Dell Technologies by 11.1% during the fourth quarter. Atria Investments Inc now owns 44,943 shares of the technology company’s stock worth $5,179,000 after purchasing an additional 4,507 shares during the period. Institutional investors and hedge funds own 76.37% of the company’s stock.

Insider Buying and Selling at Dell Technologies

In related news, Director V (Gp) L.L.C. Slta sold 325,167 shares of the firm’s stock in a transaction dated 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 $100,943,009.64. This trade represents a 28.63 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through this link. Also, Director Radakovich Lynn Vojvodich sold 725 shares of the company’s stock in a transaction that occurred on Monday, December 16th. The shares were sold at an average price of $120.00, for a total value of $87,000.00. Following the sale, the director now directly owns 23,680 shares of the company’s stock, valued at approximately $2,841,600. This represents a 2.97 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last quarter, insiders sold 825,662 shares of company stock worth $100,414,453. 46.70% of the stock is owned by insiders.

Dell Technologies Stock Performance

Shares of DELL stock opened at $93.00 on Friday. The stock’s 50-day moving average is $110.65 and its two-hundred day moving average is $117.86. Dell Technologies Inc. has a 1 year low of $86.93 and a 1 year high of $179.70. The firm has a market cap of $65.14 billion, a price-to-earnings ratio of 16.43, a PEG ratio of 1.10 and a beta of 0.90.

Dell Technologies Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Friday, May 2nd. Shareholders of record on Tuesday, April 22nd will be given a dividend of $0.525 per share. This is a positive change from Dell Technologies’s previous quarterly dividend of $0.45. The ex-dividend date is Tuesday, April 22nd. This represents a $2.10 annualized dividend and a yield of 2.26%. Dell Technologies’s payout ratio is 33.76%.

Analysts Set New Price Targets

Several research analysts have recently commented on the stock. Loop Capital dropped their price objective on shares of Dell Technologies from $185.00 to $130.00 and set a “buy” rating for the company in a report on Tuesday. Wells Fargo & Company dropped their price target on shares of Dell Technologies from $160.00 to $150.00 and set an “overweight” rating for the company in a research note on Friday, February 28th. Morgan Stanley reduced their price objective on Dell Technologies from $154.00 to $128.00 and set an “overweight” rating on the stock in a research note on Thursday, February 13th. Mizuho lowered their target price on Dell Technologies from $155.00 to $150.00 and set an “outperform” rating for the company in a research note on Wednesday, November 27th. Finally, Deutsche Bank Aktiengesellschaft reduced their price target on Dell Technologies from $144.00 to $142.00 and set a “buy” rating on the stock in a research report on Monday, December 2nd. Three investment analysts have rated the stock with a hold rating and sixteen have issued a buy rating to the company. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average target price of $141.24.

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).