Dell Technologies Inc. (NYSE:DELL) Shares Purchased by Orion Portfolio Solutions LLC

Orion Portfolio Solutions LLC raised its holdings in Dell Technologies Inc. (NYSE:DELL) by 80.9% in the 4th quarter, according to its most recent 13F filing with the SEC. The fund owned 4,195 shares of the technology company’s stock after acquiring an additional 1,876 shares during the period. Orion Portfolio Solutions LLC’s holdings in Dell Technologies were worth $483,000 at the end of the most recent reporting period.

Other large investors also recently made changes to their positions in the company. Optimist Retirement Group LLC lifted 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 worth $256,000 after buying an additional 463 shares during the period. Benjamin Edwards Inc. acquired a new position in shares of Dell Technologies during the 3rd quarter valued at about $409,000. Integrated Wealth Concepts LLC lifted its holdings in shares of Dell Technologies by 3.5% during the 3rd quarter. Integrated Wealth Concepts LLC now owns 6,415 shares of the technology company’s stock worth $760,000 after acquiring an additional 218 shares during the period. EP Wealth Advisors LLC grew its holdings in Dell Technologies by 44.3% in the third quarter. EP Wealth Advisors LLC now owns 5,576 shares of the technology company’s stock valued at $661,000 after purchasing an additional 1,711 shares during the period. Finally, iA Global Asset Management Inc. increased its position in Dell Technologies by 84.7% during the third quarter. iA Global Asset Management Inc. now owns 11,345 shares of the technology company’s stock worth $1,345,000 after purchasing an additional 5,203 shares during the last quarter. Hedge funds and other institutional investors own 76.37% of the company’s stock.

Analyst Upgrades and Downgrades

A number of brokerages have weighed in on DELL. The Goldman Sachs Group decreased their price target on shares of Dell Technologies from $165.00 to $145.00 and set a “buy” rating on the stock in a report on Monday, March 3rd. Citigroup reduced their target price on Dell Technologies from $156.00 to $145.00 and set a “buy” rating on the stock in a report on Friday, February 21st. Bank of America cut their price objective on Dell Technologies from $155.00 to $150.00 and set a “buy” rating on the stock in a report on Tuesday, February 18th. UBS Group decreased their target price on Dell Technologies from $158.00 to $150.00 and set a “buy” rating for the company in a report on Friday, February 28th. Finally, Barclays raised their price target on shares of Dell Technologies from $115.00 to $116.00 and gave the company an “equal weight” rating in a report on Friday, February 28th. Three research analysts have rated the stock with a hold rating and sixteen have issued a buy rating to the company. According to MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average target price of $141.24.

Dell Technologies Stock Performance

Shares of DELL opened at $74.85 on Tuesday. The company has a market capitalization of $52.24 billion, a P/E ratio of 13.22, a P/E/G ratio of 1.10 and a beta of 0.94. The stock has a 50-day moving average price of $100.99 and a 200 day moving average price of $114.99. Dell Technologies Inc. has a one year low of $66.25 and a one year high of $179.70.

Dell Technologies Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Friday, May 2nd. Shareholders of record on Tuesday, April 22nd will be paid a dividend of $0.525 per share. This represents a $2.10 dividend on an annualized basis and a yield of 2.81%. This is an increase from Dell Technologies’s previous quarterly dividend of $0.45. The ex-dividend date of this dividend is Tuesday, April 22nd. Dell Technologies’s dividend payout ratio is 33.76%.

Insider Transactions at Dell Technologies

In other news, Director Radakovich Lynn Vojvodich sold 725 shares of the company’s stock in a transaction dated Wednesday, January 22nd. The shares were 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 represents a 2.97 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director Iv (Gp) L.L.C. Slta sold 499,045 shares of Dell Technologies stock in a transaction dated 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 owns 810,657 shares in the company, valued at approximately $97,059,962.61. This represents a 38.10 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 500,696 shares of company stock valued at $59,924,044. Insiders own 46.70% of the company’s stock.

Dell Technologies Company 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).