Little House Capital LLC Invests $668,000 in Dell Technologies Inc. (NYSE:DELL)

Little House Capital LLC acquired a new stake in Dell Technologies Inc. (NYSE:DELL) in the 1st quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund acquired 5,858 shares of the technology company’s stock, valued at approximately $668,000.

Several other institutional investors have also added to or reduced their stakes in the company. Jones Financial Companies Lllp bought a new position in shares of Dell Technologies during the fourth quarter valued at approximately $25,000. Massmutual Trust Co. FSB ADV boosted its stake in shares of Dell Technologies by 58.2% during the 1st quarter. Massmutual Trust Co. FSB ADV now owns 223 shares of the technology company’s stock valued at $25,000 after purchasing an additional 82 shares in the last quarter. Anchor Investment Management LLC bought a new position in Dell Technologies in the fourth quarter worth about $26,000. Pinnacle Bancorp Inc. lifted its holdings in Dell Technologies by 96.9% in the fourth quarter. Pinnacle Bancorp Inc. now owns 382 shares of the technology company’s stock worth $29,000 after buying an additional 188 shares during the period. Finally, Central Bank & Trust Co. bought a new stake in Dell Technologies during the 1st quarter valued at approximately $34,000. Hedge funds and other institutional investors own 38.10% of the company’s stock.

Analyst Upgrades and Downgrades

Several equities research analysts recently weighed in on the company. Morgan Stanley reaffirmed an “overweight” rating and issued a $155.00 price target on shares of Dell Technologies in a research note on Monday, June 17th. Barclays lowered their price target on Dell Technologies from $98.00 to $97.00 and set an “underweight” rating on the stock in a report on Friday, May 31st. JPMorgan Chase & Co. boosted their price objective on shares of Dell Technologies from $125.00 to $155.00 and gave the company an “overweight” rating in a report on Monday, May 20th. TD Cowen raised their target price on Dell Technologies from $105.00 to $155.00 and gave the stock a “hold” rating in a research report on Friday, May 31st. Finally, Loop Capital lifted their target price on Dell Technologies from $125.00 to $185.00 and gave the company a “buy” rating in a research report on Tuesday, May 28th. One investment analyst has rated the stock with a sell rating, one has issued a hold rating and thirteen have assigned a buy rating to the company’s stock. According to data from MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus price target of $135.81.

Insider Activity at Dell Technologies

In related news, Director Iv (Gp) L.L.C. Slta sold 16,434 shares of the company’s 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 completion of the sale, the director now directly owns 806,352 shares of the company’s stock, valued at $108,986,536.32. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. In other Dell Technologies news, insider William F. Scannell sold 106,483 shares of Dell Technologies stock in a transaction on Wednesday, April 3rd. The shares were sold at an average price of $129.15, for a total value of $13,752,279.45. Following the transaction, the insider now directly owns 356,077 shares of the company’s stock, valued at $45,987,344.55. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Also, Director Iv (Gp) L.L.C. Slta sold 16,434 shares of the stock in a transaction on 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 owns 806,352 shares of the company’s stock, valued at approximately $108,986,536.32. The disclosure for this sale can be found here. Insiders sold 6,246,728 shares of company stock worth $842,917,457 in the last 90 days. 46.70% of the stock is owned by corporate insiders.

Dell Technologies Price Performance

Shares of Dell Technologies stock traded up $5.90 during trading hours on Monday, reaching $143.81. The company’s stock had a trading volume of 8,726,817 shares, compared to its average volume of 10,037,587. Dell Technologies Inc. has a one year low of $52.05 and a one year high of $179.70. The firm has a 50 day moving average price of $138.43 and a 200-day moving average price of $110.55. The stock has a market cap of $102.00 billion, a P/E ratio of 29.03, a P/E/G ratio of 1.71 and a beta of 0.92.

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

Dell Technologies Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Friday, August 2nd. Shareholders of record on Tuesday, July 23rd will be paid a $0.445 dividend. The ex-dividend date of this dividend is Tuesday, July 23rd. This represents a $1.78 dividend on an annualized basis and a yield of 1.24%. Dell Technologies’s payout ratio is 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).