Campbell Capital Management Inc. Purchases 4,202 Shares of Dell Technologies Inc. (NYSE:DELL)

Campbell Capital Management Inc. boosted its position in Dell Technologies Inc. (NYSE:DELL) by 7.8% during the third quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 58,402 shares of the technology company’s stock after buying an additional 4,202 shares during the quarter. Dell Technologies makes up about 2.7% of Campbell Capital Management Inc.’s portfolio, making the stock its 10th biggest position. Campbell Capital Management Inc.’s holdings in Dell Technologies were worth $6,923,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also bought and sold shares of the company. J.W. Cole Advisors Inc. bought a new stake in shares of Dell Technologies during the 1st quarter worth approximately $309,000. Private Advisor Group LLC raised its stake in shares of Dell Technologies by 61.8% during the 1st quarter. Private Advisor Group LLC now owns 22,770 shares of the technology company’s stock worth $2,598,000 after purchasing an additional 8,696 shares in the last quarter. Sequoia Financial Advisors LLC raised its stake in shares of Dell Technologies by 8.4% during the 1st quarter. Sequoia Financial Advisors LLC now owns 13,515 shares of the technology company’s stock worth $1,542,000 after purchasing an additional 1,051 shares in the last quarter. Mirae Asset Global Investments Co. Ltd. raised its stake in shares of Dell Technologies by 44.1% during the 1st quarter. Mirae Asset Global Investments Co. Ltd. now owns 117,280 shares of the technology company’s stock worth $13,383,000 after purchasing an additional 35,900 shares in the last quarter. Finally, Janney Montgomery Scott LLC raised its stake in shares of Dell Technologies by 18.0% during the 1st quarter. Janney Montgomery Scott LLC now owns 58,867 shares of the technology company’s stock worth $6,717,000 after purchasing an additional 8,974 shares in the last quarter. Institutional investors and hedge funds own 38.10% of the company’s stock.

Insider Buying and Selling at Dell Technologies

In other Dell Technologies news, Director Radakovich Lynn Vojvodich sold 725 shares of the stock in a transaction dated Tuesday, October 15th. The stock was sold at an average price of $129.50, for a total value of $93,887.50. Following the completion of the transaction, the director now directly owns 23,680 shares in the company, valued at approximately $3,066,560. This trade represents a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. In other Dell Technologies news, Director Radakovich Lynn Vojvodich sold 725 shares of the stock in a transaction dated Tuesday, October 15th. The stock was sold at an average price of $129.50, for a total value of $93,887.50. Following the completion of the transaction, the director now directly owns 23,680 shares in the company, valued at approximately $3,066,560. This trade represents a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, CEO Michael S. Dell sold 221,460 shares of the stock in a transaction dated Friday, September 6th. The shares were sold at an average price of $102.07, for a total value of $22,604,422.20. Following the completion of the transaction, the chief executive officer now owns 20,190,781 shares of the company’s stock, valued at $2,060,873,016.67. This represents a 0.00 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last three months, insiders sold 17,953,387 shares of company stock worth $2,113,353,236. 46.70% of the stock is currently owned by insiders.

Dell Technologies Stock Performance

DELL opened at $130.87 on Friday. The firm has a market cap of $91.92 billion, a P/E ratio of 24.06, a price-to-earnings-growth ratio of 1.30 and a beta of 0.89. Dell Technologies Inc. has a 52-week low of $67.51 and a 52-week high of $179.70. The business’s fifty day moving average is $118.15 and its 200-day moving average is $125.44.

Dell Technologies (NYSE:DELL) last released its earnings results on Thursday, August 29th. The technology company reported $1.89 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.49 by $0.40. The company had revenue of $25.03 billion for the quarter, compared to analyst estimates of $24.14 billion. Dell Technologies had a negative return on equity of 178.09% and a net margin of 4.32%. Dell Technologies’s quarterly revenue was up 9.1% on a year-over-year basis. During the same period in the prior year, the firm posted $1.44 EPS. On average, research analysts predict that Dell Technologies Inc. will post 6.91 earnings per share for the current fiscal year.

Dell Technologies Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Friday, November 1st. Shareholders of record on Tuesday, October 22nd were given a $0.445 dividend. The ex-dividend date was Tuesday, October 22nd. This represents a $1.78 annualized dividend and a yield of 1.36%. Dell Technologies’s dividend payout ratio is presently 32.72%.

Wall Street Analysts Forecast Growth

A number of equities research analysts have recently issued reports on the company. Citigroup upped their price objective on Dell Technologies from $155.00 to $160.00 and gave the stock a “buy” rating in a research note on Friday, August 30th. Wells Fargo & Company dropped their price target on Dell Technologies from $150.00 to $140.00 and set an “overweight” rating on the stock in a research note on Friday, August 30th. Evercore ISI restated an “outperform” rating and issued a $140.00 price target on shares of Dell Technologies in a research note on Wednesday, August 28th. Raymond James dropped their price target on Dell Technologies from $166.00 to $160.00 and set an “outperform” rating on the stock in a research note on Friday, August 30th. Finally, Sanford C. Bernstein dropped their price target on Dell Technologies from $155.00 to $140.00 and set an “outperform” rating on the stock in a research note on Friday, August 30th. Three analysts have rated the stock with a hold rating and fourteen have issued a buy rating to the company’s stock. According to data from MarketBeat.com, Dell Technologies presently has a consensus rating of “Moderate Buy” and an average price target of $143.50.

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).