United Capital Management of KS Inc. Has $8.56 Million Position in Dell Technologies Inc. (NYSE:DELL)

United Capital Management of KS Inc. increased its stake in shares of Dell Technologies Inc. (NYSE:DELL) by 2.9% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 74,317 shares of the technology company’s stock after buying an additional 2,091 shares during the quarter. Dell Technologies comprises approximately 1.6% of United Capital Management of KS Inc.’s investment portfolio, making the stock its 19th biggest position. United Capital Management of KS Inc.’s holdings in Dell Technologies were worth $8,564,000 as of its most recent SEC filing.

Other large investors have also added to or reduced their stakes in the company. Vision Financial Markets LLC bought a new position in shares of Dell Technologies in the 4th quarter valued at $26,000. Byrne Asset Management LLC bought a new position in shares of Dell Technologies in the 4th quarter valued at $28,000. True Wealth Design LLC increased its stake in shares of Dell Technologies by 2,530.0% in the 3rd 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 last quarter. Covestor Ltd increased its stake in shares of Dell Technologies by 290.7% in the 3rd 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 last quarter. Finally, Versant Capital Management Inc increased its stake in shares of Dell Technologies by 54.7% in the 4th 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 last quarter. Institutional investors and hedge funds own 76.37% of the company’s stock.

Insider Transactions at Dell Technologies

In related news, Director Radakovich Lynn Vojvodich sold 725 shares of the business’s stock in a transaction dated Monday, December 16th. The stock was sold at an average price of $120.00, for a total value 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 $2,841,600. The trade was a 2.97 % decrease in their position. The sale was disclosed in a filing with the SEC, which is available at the SEC website. Also, Director Iv (Gp) L.L.C. Slta sold 499,045 shares of the business’s stock in a transaction dated 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 sale, the director now directly owns 810,657 shares of the company’s stock, valued at $97,059,962.61. The trade was a 38.10 % 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. Corporate insiders own 46.70% of the company’s stock.

Analyst Ratings Changes

DELL has been the topic of several recent analyst reports. Citigroup decreased their price target on Dell Technologies from $156.00 to $145.00 and set a “buy” rating on the stock in a research note on Friday, February 21st. TD Cowen cut their price objective on Dell Technologies from $128.00 to $120.00 and set a “hold” rating on the stock in a report on Friday, February 28th. Bank of America cut their price objective on Dell Technologies from $155.00 to $150.00 and set a “buy” rating on the stock in a report on Tuesday, February 18th. JPMorgan Chase & Co. cut their price objective on Dell Technologies from $160.00 to $150.00 and set an “overweight” rating on the stock in a report on Tuesday, February 11th. Finally, The Goldman Sachs Group cut their price objective on Dell Technologies from $165.00 to $145.00 and set a “buy” rating on the stock in a report on Monday, March 3rd. Three equities research analysts have rated the stock with a hold rating and sixteen have issued a buy rating to the stock. According to MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average target price of $141.24.

Dell Technologies Trading Up 3.6 %

DELL stock opened at $95.76 on Friday. The stock has a 50-day moving average price of $107.79 and a 200-day moving average price of $117.09. 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 $67.08 billion, a PE ratio of 16.92, a price-to-earnings-growth ratio of 1.10 and a beta of 0.83.

Dell Technologies Increases Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, May 2nd. Stockholders of record on Tuesday, April 22nd will be given a $0.525 dividend. The ex-dividend date of this dividend is Tuesday, April 22nd. This is a positive change from Dell Technologies’s previous quarterly dividend of $0.45. This represents a $2.10 annualized dividend 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).