Dell Technologies Inc. (NYSE:DELL) Shares Bought by Advisors Asset Management Inc.

Advisors Asset Management Inc. lifted its stake in shares of Dell Technologies Inc. (NYSE:DELL) by 41.3% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 45,985 shares of the technology company’s stock after buying an additional 13,431 shares during the quarter. Advisors Asset Management Inc.’s holdings in Dell Technologies were worth $5,299,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors have also made changes to their positions in the stock. Vision Financial Markets LLC bought a new stake in shares of Dell Technologies in the 4th quarter worth about $26,000. Byrne Asset Management LLC acquired a new position in Dell Technologies in the fourth quarter worth about $28,000. True Wealth Design LLC raised its stake in Dell Technologies by 2,530.0% during the third quarter. True Wealth Design LLC now owns 263 shares of the technology company’s stock valued at $31,000 after buying an additional 253 shares in the last quarter. Versant Capital Management Inc lifted its holdings in Dell Technologies by 54.7% during the 4th quarter. Versant Capital Management Inc now owns 314 shares of the technology company’s stock worth $36,000 after buying an additional 111 shares during the last quarter. Finally, Stonebridge Financial Group LLC acquired a new position in shares of Dell Technologies in the 4th quarter worth approximately $37,000. Institutional investors own 76.37% of the company’s stock.

Dell Technologies Price Performance

NYSE DELL opened at $98.73 on Thursday. Dell Technologies Inc. has a 12 month low of $86.93 and a 12 month high of $179.70. The firm has a market capitalization of $69.15 billion, a PE ratio of 17.44, a P/E/G ratio of 1.10 and a beta of 0.83. The company’s 50 day simple moving average is $106.34 and its 200 day simple moving average is $116.82.

Dell Technologies Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Friday, May 2nd. Stockholders of record on Tuesday, April 22nd will be paid a $0.525 dividend. This represents a $2.10 dividend on an annualized basis and a dividend yield of 2.13%. The ex-dividend date is Tuesday, April 22nd. This is an increase from Dell Technologies’s previous quarterly dividend of $0.45. Dell Technologies’s payout ratio is currently 33.76%.

Analyst Ratings Changes

DELL has been the topic of several research analyst reports. OTR Global upgraded Dell Technologies from a “negative” rating to a “positive” rating in a research note on Wednesday, February 12th. Melius Research lifted their price target on shares of Dell Technologies from $140.00 to $155.00 and gave the company a “buy” rating in a report on Wednesday, November 27th. Deutsche Bank Aktiengesellschaft dropped their price objective on shares of Dell Technologies from $144.00 to $142.00 and set a “buy” rating on the stock in a research note on Monday, December 2nd. TD Cowen lowered their target price on Dell Technologies from $128.00 to $120.00 and set a “hold” rating for the company in a report on Friday, February 28th. Finally, Loop Capital cut their price target on Dell Technologies from $185.00 to $130.00 and set a “buy” rating on the stock in a report on Tuesday, March 4th. Three research 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 $141.24.

Insider Transactions at Dell Technologies

In related news, Director Iv (Gp) L.L.C. Slta sold 499,045 shares of the stock in a transaction that occurred on Wednesday, January 8th. The shares were sold at an average price of $119.73, for a total transaction of $59,750,657.85. Following the completion of the sale, the director now directly owns 810,657 shares of the company’s stock, valued at $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 is available at the SEC website. Also, Director Radakovich Lynn Vojvodich sold 725 shares of Dell Technologies stock in a transaction that occurred on Wednesday, January 22nd. The stock was sold at an average price of $120.00, for a total transaction of $87,000.00. Following the completion of the transaction, the director now owns 23,680 shares in the company, valued at approximately $2,841,600. This trade represents a 2.97 % decrease in their position. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 824,937 shares of company stock valued at $100,327,453. Corporate insiders own 46.70% of the company’s stock.

About Dell Technologies

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).