2,133 Shares in Dell Technologies Inc. (NYSE:DELL) Acquired by V Square Quantitative Management LLC

V Square Quantitative Management LLC acquired a new stake in shares of Dell Technologies Inc. (NYSE:DELL) in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 2,133 shares of the technology company’s stock, valued at approximately $253,000.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the business. Massmutual Trust Co. FSB ADV grew its holdings in shares of Dell Technologies by 58.2% during the 1st quarter. Massmutual Trust Co. FSB ADV now owns 223 shares of the technology company’s stock valued at $25,000 after purchasing an additional 82 shares during the last quarter. Clean Yield Group acquired a new stake in Dell Technologies in the third quarter valued at approximately $25,000. Accordant Advisory Group Inc acquired a new position in shares of Dell Technologies during the second quarter worth $28,000. New Covenant Trust Company N.A. bought a new position in shares of Dell Technologies in the 1st quarter valued at $30,000. Finally, Nemes Rush Group LLC acquired a new stake in shares of Dell Technologies during the 2nd quarter valued at $33,000. 38.10% of the stock is currently owned by institutional investors.

Dell Technologies Trading Down 2.1 %

Shares of DELL stock opened at $126.46 on Monday. The firm has a fifty day simple moving average of $114.96 and a two-hundred day simple moving average of $125.48. Dell Technologies Inc. has a 12 month low of $63.90 and a 12 month high of $179.70. The firm has a market capitalization of $89.70 billion, a PE ratio of 25.81, a price-to-earnings-growth ratio of 1.29 and a beta of 0.90.

Dell Technologies (NYSE:DELL) last posted its earnings results on Thursday, August 29th. The technology company reported $1.89 earnings per share for the quarter, topping analysts’ consensus estimates 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 net margin of 4.32% and a negative return on equity of 178.09%. The firm’s revenue was up 9.1% compared to the same quarter last year. During the same quarter in the prior year, the business posted $1.44 EPS. On average, equities analysts predict that Dell Technologies Inc. will post 6.91 earnings per share for the current fiscal year.

Dell Technologies Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Friday, November 1st. Investors of record on Tuesday, October 22nd will be issued a dividend of $0.445 per share. The ex-dividend date is Tuesday, October 22nd. This represents a $1.78 annualized dividend and a yield of 1.41%. Dell Technologies’s dividend payout ratio (DPR) is currently 36.33%.

Analyst Ratings Changes

A number of analysts have recently commented on the company. Citigroup lifted their price target on Dell Technologies from $155.00 to $160.00 and gave the company a “buy” rating in a research note on Friday, August 30th. Barclays boosted their target price on shares of Dell Technologies from $97.00 to $106.00 and gave the stock an “equal weight” rating in a report on Friday, August 30th. Susquehanna assumed coverage on shares of Dell Technologies in a research note on Tuesday, September 10th. They set a “neutral” rating and a $120.00 price target for the company. Mizuho started coverage on shares of Dell Technologies in a research note on Tuesday, September 17th. They issued an “outperform” rating and a $135.00 price objective on the stock. Finally, Morgan Stanley lowered their target price on Dell Technologies from $142.00 to $136.00 and set an “overweight” rating for the company in a research report on Thursday, August 29th. Three research analysts have rated the stock with a hold rating and fourteen have issued a buy rating to the stock. Based on data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average target price of $143.50.

Insider Activity at Dell Technologies

In other news, insider William F. Scannell sold 42,595 shares of the company’s stock in a transaction on Friday, September 20th. The shares were sold at an average price of $117.29, for a total value of $4,995,967.55. Following the completion of the sale, the insider now owns 73,263 shares in the company, valued at $8,593,017.27. This represents a 0.00 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. In other Dell Technologies news, Director Radakovich Lynn Vojvodich sold 725 shares of the company’s stock in a transaction on 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 owns 23,680 shares in the company, valued at $3,066,560. This represents a 0.00 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, insider William F. Scannell sold 42,595 shares of the business’s stock in a transaction dated Friday, September 20th. The stock was sold at an average price of $117.29, for a total transaction of $4,995,967.55. Following the completion of the transaction, the insider now directly owns 73,263 shares in the company, valued at $8,593,017.27. This trade represents a 0.00 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last three months, insiders sold 17,953,387 shares of company stock valued at $2,113,353,236. 46.70% of the stock is owned by insiders.

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).