Dell Technologies Inc. (NYSE:DELL) Shares Bought by Atlas Capital Advisors LLC

Atlas Capital Advisors LLC grew its position in Dell Technologies Inc. (NYSE:DELL) by 18.6% during the 2nd quarter, HoldingsChannel.com reports. The firm owned 20,406 shares of the technology company’s stock after acquiring an additional 3,204 shares during the quarter. Atlas Capital Advisors LLC’s holdings in Dell Technologies were worth $2,814,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently bought and sold shares of the business. Mitsubishi UFJ Asset Management Co. Ltd. increased its position in shares of Dell Technologies by 22.7% in the first quarter. Mitsubishi UFJ Asset Management Co. Ltd. now owns 135,678 shares of the technology company’s stock worth $15,482,000 after acquiring an additional 25,117 shares in the last quarter. Los Angeles Capital Management LLC raised its position in Dell Technologies by 171.7% in the fourth quarter. Los Angeles Capital Management LLC now owns 16,378 shares of the technology company’s stock valued at $1,253,000 after purchasing an additional 10,350 shares during the period. LRI Investments LLC purchased a new stake in shares of Dell Technologies in the first quarter worth about $104,000. Oppenheimer Asset Management Inc. grew its stake in shares of Dell Technologies by 31.1% in the first quarter. Oppenheimer Asset Management Inc. now owns 6,485 shares of the technology company’s stock valued at $740,000 after buying an additional 1,539 shares in the last quarter. Finally, Aigen Investment Management LP purchased a new stake in shares of Dell Technologies during the 4th quarter valued at about $410,000. Institutional investors and hedge funds own 38.10% of the company’s stock.

Analyst Ratings Changes

Several analysts have issued reports on DELL shares. Wells Fargo & Company lowered their price objective on shares of Dell Technologies from $150.00 to $140.00 and set an “overweight” rating for the company in a research report on Friday. Evercore ISI reaffirmed an “outperform” rating and set a $140.00 price target on shares of Dell Technologies in a report on Wednesday. Bank of America boosted their price objective on shares of Dell Technologies from $150.00 to $155.00 and gave the stock a “buy” rating in a report on Friday. Sanford C. Bernstein lowered their target price on Dell Technologies from $155.00 to $140.00 and set an “outperform” rating for the company in a research note on Friday. Finally, Fox Advisors raised Dell Technologies from an “equal weight” rating to an “overweight” rating in a report on Friday. Two investment analysts have rated the stock with a hold rating and fourteen have issued a buy rating to the stock. According to MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $132.88.

Dell Technologies Price Performance

DELL traded up $4.80 during trading hours on Friday, hitting $115.54. 33,415,049 shares of the stock were exchanged, compared to its average volume of 10,372,304. The stock has a market cap of $81.95 billion, a price-to-earnings ratio of 23.58, a price-to-earnings-growth ratio of 1.34 and a beta of 0.92. The stock has a 50-day simple moving average of $120.21 and a 200-day simple moving average of $122.22. Dell Technologies Inc. has a 12 month low of $53.62 and a 12 month high of $179.70.

Dell Technologies (NYSE:DELL) last posted its quarterly earnings results on Thursday, May 30th. The technology company reported $1.04 earnings per share (EPS) 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 company had revenue of $22.24 billion for the quarter, compared to the consensus estimate of $21.70 billion. Sell-side analysts expect that Dell Technologies Inc. will post 6.85 EPS for the current year.

Dell Technologies Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Friday, August 2nd. Shareholders of record on Tuesday, July 23rd were issued a $0.445 dividend. The ex-dividend date of this dividend was Tuesday, July 23rd. This represents a $1.78 dividend on an annualized basis and a yield of 1.54%. Dell Technologies’s dividend payout ratio is currently 36.33%.

Insider Activity

In related news, Director V (Gp) L.L.C. Slta sold 389,189 shares of the company’s stock in a transaction on Thursday, June 20th. The stock was sold at an average price of $158.79, for a total transaction of $61,799,321.31. Following the completion of the transaction, the director now directly owns 731,612 shares in the company, valued at approximately $116,172,669.48. The sale was disclosed in a document filed with the SEC, which is available through this link. In related news, Director Iv (Gp) L.L.C. Slta sold 16,434 shares of the stock in a transaction that occurred on Monday, June 3rd. The stock was sold at an average price of $135.16, for a total value of $2,221,219.44. Following the completion of the transaction, the director now directly owns 806,352 shares of the company’s stock, valued at approximately $108,986,536.32. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, Director V (Gp) L.L.C. Slta sold 389,189 shares of Dell Technologies stock in a transaction on Thursday, June 20th. The shares were sold at an average price of $158.79, for a total value of $61,799,321.31. Following the sale, the director now directly owns 731,612 shares in the company, valued at approximately $116,172,669.48. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 7,058,131 shares of company stock valued at $963,293,619. 46.70% of the stock is currently owned by insiders.

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).