Mount Yale Investment Advisors LLC Has $636,000 Stock Holdings in Dell Technologies Inc. (NYSE:DELL)

Mount Yale Investment Advisors LLC lowered its stake in Dell Technologies Inc. (NYSE:DELL) by 18.9% during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 5,517 shares of the technology company’s stock after selling 1,285 shares during the quarter. Mount Yale Investment Advisors LLC’s holdings in Dell Technologies were worth $636,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also made changes to their positions in DELL. Pacer Advisors Inc. boosted its holdings in Dell Technologies by 65.9% during the fourth quarter. Pacer Advisors Inc. now owns 35,453 shares of the technology company’s stock worth $4,086,000 after buying an additional 14,081 shares during the last quarter. KBC Group NV raised its position in shares of Dell Technologies by 633.8% in the 4th quarter. KBC Group NV now owns 831,524 shares of the technology company’s stock valued at $95,825,000 after acquiring an additional 718,214 shares during the period. Union Bancaire Privee UBP SA bought a new position in Dell Technologies during the 4th quarter worth approximately $4,131,000. Blue Trust Inc. increased its stake in Dell Technologies by 47.4% in the fourth quarter. Blue Trust Inc. now owns 2,077 shares of the technology company’s stock valued at $246,000 after purchasing an additional 668 shares in the last quarter. Finally, PFG Investments LLC raised its holdings in Dell Technologies by 17.0% in the fourth quarter. PFG Investments LLC now owns 12,674 shares of the technology company’s stock worth $1,461,000 after purchasing an additional 1,841 shares during the period. 76.37% of the stock is currently owned by institutional investors.

Insider Buying and Selling at Dell Technologies

In other news, Director Iv (Gp) L.L.C. Slta sold 499,045 shares of the company’s stock in a transaction that occurred on Wednesday, January 8th. The stock was sold at an average price of $119.73, for a total value of $59,750,657.85. Following the transaction, the director now owns 810,657 shares of the company’s stock, valued at approximately $97,059,962.61. This represents a 38.10 % 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, Director Radakovich Lynn Vojvodich sold 725 shares of Dell Technologies stock in a transaction that occurred on Friday, November 15th. The stock was sold at an average price of $132.28, for a total value of $95,903.00. Following the sale, the director now directly owns 23,680 shares of the company’s stock, valued at approximately $3,132,390.40. The trade was a 2.97 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 946,132 shares of company stock valued at $115,660,009 in the last quarter. 46.70% of the stock is currently owned by insiders.

Dell Technologies Trading Down 2.4 %

Shares of DELL opened at $101.40 on Wednesday. The company has a market cap of $71.02 billion, a price-to-earnings ratio of 17.91, a PEG ratio of 1.22 and a beta of 0.92. The company’s fifty day simple moving average is $120.12 and its 200 day simple moving average is $118.78. Dell Technologies Inc. has a 1-year low of $80.49 and a 1-year high of $179.70.

Dell Technologies (NYSE:DELL) last issued its earnings results on Tuesday, November 26th. The technology company reported $2.15 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.83 by $0.32. The company had revenue of $24.37 billion for the quarter, compared to analysts’ expectations of $24.67 billion. Dell Technologies had a net margin of 4.36% and a negative return on equity of 191.91%. Dell Technologies’s quarterly revenue was up 9.5% compared to the same quarter last year. During the same period in the prior year, the firm earned $1.62 EPS. As a group, research analysts forecast that Dell Technologies Inc. will post 6.92 earnings per share for the current year.

Dell Technologies Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Friday, January 31st. Investors of record on Wednesday, January 22nd will be paid a $0.445 dividend. This represents a $1.78 dividend on an annualized basis and a yield of 1.76%. The ex-dividend date is Wednesday, January 22nd. Dell Technologies’s dividend payout ratio (DPR) is presently 31.45%.

Wall Street Analysts Forecast Growth

DELL has been the subject of a number of recent analyst reports. Citigroup lowered their price objective on shares of Dell Technologies from $160.00 to $156.00 and set a “buy” rating for the company in a research report on Wednesday, November 27th. Wells Fargo & Company raised their target price on shares of Dell Technologies from $140.00 to $160.00 and gave the stock an “overweight” rating in a report on Monday, November 18th. Deutsche Bank Aktiengesellschaft reduced their price target on shares of Dell Technologies from $144.00 to $142.00 and set a “buy” rating for the company in a report on Monday, December 2nd. Evercore ISI reaffirmed an “outperform” rating and issued a $150.00 price objective on shares of Dell Technologies in a research report on Wednesday, November 20th. Finally, Melius Research increased their target price on Dell Technologies from $140.00 to $155.00 and gave the stock a “buy” rating in a report on Wednesday, November 27th. Three research analysts have rated the stock with a hold rating and fifteen have assigned a buy rating to the company’s stock. Based on data from MarketBeat, Dell Technologies presently has an average rating of “Moderate Buy” and a consensus target price of $148.06.

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).