JFS Wealth Advisors LLC Purchases 221 Shares of Dell Technologies Inc. (NYSE:DELL)

JFS Wealth Advisors LLC increased its position in Dell Technologies Inc. (NYSE:DELL) by 204.6% in the fourth quarter, HoldingsChannel.com reports. The institutional investor owned 329 shares of the technology company’s stock after buying an additional 221 shares during the quarter. JFS Wealth Advisors LLC’s holdings in Dell Technologies were worth $38,000 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. Creative Planning boosted its stake in shares of Dell Technologies by 16.8% in the 3rd quarter. Creative Planning now owns 98,961 shares of the technology company’s stock valued at $11,435,000 after purchasing an additional 14,217 shares in the last quarter. Optimist Retirement Group LLC boosted its position in Dell Technologies by 27.3% during the third quarter. Optimist Retirement Group LLC now owns 2,157 shares of the technology company’s stock valued at $256,000 after buying an additional 463 shares during the period. Blue Trust Inc. grew its stake in shares of Dell Technologies by 132.1% during the third quarter. Blue Trust Inc. now owns 1,409 shares of the technology company’s stock valued at $167,000 after buying an additional 802 shares during the last quarter. Raymond James & Associates increased its holdings in shares of Dell Technologies by 21.4% in the third quarter. Raymond James & Associates now owns 586,858 shares of the technology company’s stock worth $69,566,000 after buying an additional 103,296 shares during the period. Finally, Cyndeo Wealth Partners LLC lifted its stake in shares of Dell Technologies by 10.6% in the 3rd quarter. Cyndeo Wealth Partners LLC now owns 4,626 shares of the technology company’s stock valued at $548,000 after acquiring an additional 443 shares during the last quarter. Hedge funds and other institutional investors own 76.37% of the company’s stock.

Insider Activity at Dell Technologies

In related news, Director Radakovich Lynn Vojvodich sold 725 shares of the firm’s stock in a transaction that occurred on Monday, December 16th. The shares were sold at an average price of $120.00, for a total transaction of $87,000.00. Following the completion of the sale, the director now owns 23,680 shares of the company’s stock, valued at $2,841,600. This trade represents a 2.97 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, Director V (Gp) L.L.C. Slta sold 103,745 shares of the company’s stock in a transaction that occurred on Friday, December 6th. The shares were sold at an average price of $125.28, for a total value of $12,997,173.60. Following the completion of the transaction, the director now directly owns 777,347 shares in the company, valued at $97,386,032.16. This trade represents a 11.77 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 945,407 shares of company stock valued at $115,564,106 in the last 90 days. Corporate insiders own 46.70% of the company’s stock.

Dell Technologies Trading Up 5.2 %

DELL opened at $120.35 on Wednesday. Dell Technologies Inc. has a 12-month low of $80.49 and a 12-month high of $179.70. The company has a market cap of $84.30 billion, a price-to-earnings ratio of 21.26, a price-to-earnings-growth ratio of 0.91 and a beta of 0.90. The stock has a fifty day simple moving average of $112.99 and a two-hundred day simple moving average of $117.25.

Dell Technologies (NYSE:DELL) last issued its quarterly 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. Dell Technologies had a net margin of 4.36% and a negative return on equity of 191.91%. The company had revenue of $24.37 billion during the quarter, compared to analysts’ expectations of $24.67 billion. During the same period last year, the company posted $1.62 EPS. Dell Technologies’s revenue was up 9.5% on a year-over-year basis. On average, analysts predict that Dell Technologies Inc. will post 6.92 EPS for the current year.

Dell Technologies Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Friday, January 31st. Investors of record on Wednesday, January 22nd were paid a $0.445 dividend. The ex-dividend date was Wednesday, January 22nd. This represents a $1.78 annualized dividend and a dividend yield of 1.48%. Dell Technologies’s payout ratio is currently 31.45%.

Wall Street Analyst Weigh In

A number of equities analysts have commented on DELL shares. Citigroup decreased their price target on Dell Technologies from $160.00 to $156.00 and set a “buy” rating on the stock in a research note on Wednesday, November 27th. Evercore ISI reiterated an “outperform” rating and set a $150.00 price target on shares of Dell Technologies in a report on Wednesday, November 20th. Barclays raised their price target on shares of Dell Technologies from $106.00 to $115.00 and gave the stock an “equal weight” rating in a report on Wednesday, November 27th. Bank of America lowered their price objective on shares of Dell Technologies from $155.00 to $150.00 and set a “buy” rating for the company in a research note on Tuesday. Finally, Deutsche Bank Aktiengesellschaft reduced their price target on Dell Technologies from $144.00 to $142.00 and set a “buy” rating on the stock in a report on Monday, December 2nd. Three analysts have rated the stock with a hold rating and sixteen have assigned a buy rating to the company’s stock. According to MarketBeat.com, Dell Technologies presently has an average rating of “Moderate Buy” and an average target price of $145.65.

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).