Vanguard Capital Wealth Advisors Invests $217,000 in Dell Technologies Inc. (NYSE:DELL)

Vanguard Capital Wealth Advisors acquired a new stake in shares of Dell Technologies Inc. (NYSE:DELL) in the first quarter, according to the company in its most recent filing with the SEC. The firm acquired 1,900 shares of the technology company’s stock, valued at approximately $217,000.

Other large investors also recently added to or reduced their stakes in the company. Jones Financial Companies Lllp acquired a new stake in Dell Technologies in the fourth quarter worth about $25,000. Massmutual Trust Co. FSB ADV raised its holdings in shares of Dell Technologies by 58.2% in 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 last quarter. Anchor Investment Management LLC acquired a new stake in shares of Dell Technologies during the fourth quarter worth $26,000. Pinnacle Bancorp Inc. lifted its position in Dell Technologies by 96.9% during the 4th quarter. Pinnacle Bancorp Inc. now owns 382 shares of the technology company’s stock worth $29,000 after acquiring an additional 188 shares during the period. Finally, Central Bank & Trust Co. acquired a new position in shares of Dell Technologies in the first quarter valued at about $34,000. 38.10% of the stock is owned by hedge funds and other institutional investors.

Insiders Place Their Bets

In related news, Director David W. Dorman sold 75,000 shares of Dell Technologies stock in a transaction that occurred on Thursday, June 13th. The shares were sold at an average price of $135.26, for a total value of $10,144,500.00. Following the completion of the transaction, the director now owns 114,317 shares in the company, valued at $15,462,517.42. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. In related news, Director David W. Dorman sold 75,000 shares of Dell Technologies stock in a transaction on Thursday, June 13th. The stock was sold at an average price of $135.26, for a total value of $10,144,500.00. Following the completion of the transaction, the director now directly owns 114,317 shares in the company, valued at $15,462,517.42. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. Also, Director V (Gp) L.L.C. Slta sold 389,189 shares of the company’s stock in a transaction dated Thursday, June 20th. The stock was sold at an average price of $158.79, for a total value of $61,799,321.31. Following the sale, the director now owns 731,612 shares in the company, valued at approximately $116,172,669.48. The disclosure for this sale can be found here. Insiders have sold 6,246,728 shares of company stock worth $842,917,457 over the last three months. Company insiders own 46.70% of the company’s stock.

Wall Street Analyst Weigh In

DELL has been the subject of several recent research reports. The Goldman Sachs Group raised their target price on shares of Dell Technologies from $87.00 to $129.00 and gave the stock a “buy” rating in a report on Monday, March 4th. Evercore ISI raised their price objective on shares of Dell Technologies from $140.00 to $165.00 and gave the stock an “outperform” rating in a research note on Thursday, May 16th. UBS Group upped their price objective 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. TD Cowen raised their target price on Dell Technologies from $105.00 to $155.00 and gave the company a “hold” rating in a research report on Friday, May 31st. Finally, Bank of America increased their target price on Dell Technologies from $130.00 to $180.00 and gave the company a “buy” rating in a research report on Wednesday, May 29th. One equities research analyst has rated the stock with a sell rating, one has issued a hold rating and thirteen have assigned a buy rating to the stock. According to data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $135.81.

Dell Technologies Stock Performance

Shares of NYSE DELL traded up $1.27 during mid-day trading on Friday, reaching $140.70. 1,695,869 shares of the company’s stock were exchanged, compared to its average volume of 9,895,919. The company’s 50-day moving average is $137.55 and its 200-day moving average is $109.30. Dell Technologies Inc. has a 52-week low of $51.80 and a 52-week high of $179.70. The firm has a market capitalization of $99.80 billion, a price-to-earnings ratio of 28.71, a PEG ratio of 1.71 and a beta of 0.85.

Dell Technologies (NYSE:DELL) last posted its quarterly earnings data on Thursday, May 30th. The technology company reported $1.04 earnings per share for the quarter, topping analysts’ consensus estimates 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 firm had revenue of $22.24 billion during the quarter, compared to analysts’ expectations of $21.70 billion. As a group, equities analysts predict that Dell Technologies Inc. will post 6.85 earnings per share for the current fiscal year.

Dell Technologies Announces Dividend

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

About Dell Technologies

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).