Yousif Capital Management LLC Acquires 788 Shares of Dell Technologies Inc. (NYSE:DELL)

Yousif Capital Management LLC lifted its holdings in Dell Technologies Inc. (NYSE:DELL) by 2.3% in the fourth quarter, HoldingsChannel reports. The fund owned 34,425 shares of the technology company’s stock after buying an additional 788 shares during the period. Yousif Capital Management LLC’s holdings in Dell Technologies were worth $3,967,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently made changes to their positions in DELL. Burns J W & Co. Inc. NY purchased a new stake in Dell Technologies during the fourth quarter valued at about $1,272,000. iA Global Asset Management Inc. boosted its holdings in Dell Technologies by 84.7% during the 3rd quarter. iA Global Asset Management Inc. now owns 11,345 shares of the technology company’s stock valued at $1,345,000 after acquiring an additional 5,203 shares during the period. National Pension Service grew its position in Dell Technologies by 8.8% during the 3rd quarter. National Pension Service now owns 620,406 shares of the technology company’s stock worth $73,543,000 after acquiring an additional 50,304 shares during the last quarter. Sky Investment Group LLC bought a new stake in Dell Technologies in the fourth quarter valued at approximately $1,687,000. Finally, Enclave Advisors LLC purchased a new stake in shares of Dell Technologies during the fourth quarter valued at approximately $848,000. Institutional investors own 76.37% of the company’s stock.

Insider Activity at Dell Technologies

In other Dell Technologies news, Director Iv (Gp) L.L.C. Slta sold 499,045 shares of the business’s stock in a transaction dated 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 completion of the transaction, the director now owns 810,657 shares of the company’s stock, valued at approximately $97,059,962.61. The trade was a 38.10 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. 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 transaction of $95,903.00. Following the completion of the sale, the director now owns 23,680 shares of the company’s stock, valued at $3,132,390.40. This represents a 2.97 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last ninety days, insiders have sold 946,132 shares of company stock valued at $115,660,009. 46.70% of the stock is owned by insiders.

Dell Technologies Price Performance

Shares of NYSE DELL opened at $106.45 on Friday. Dell Technologies Inc. has a 1 year low of $80.49 and a 1 year high of $179.70. The firm has a 50-day moving average of $114.90 and a 200 day moving average of $117.40. The stock has a market cap of $74.56 billion, a P/E ratio of 18.81, a price-to-earnings-growth ratio of 1.10 and a beta of 0.90.

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

Dell Technologies Announces Dividend

The company 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. This represents a $1.78 dividend on an annualized basis and a yield of 1.67%. The ex-dividend date was Wednesday, January 22nd. Dell Technologies’s payout ratio is 31.45%.

Analyst Upgrades and Downgrades

Several brokerages recently commented on DELL. Wells Fargo & Company lifted their target price on shares of Dell Technologies from $140.00 to $160.00 and gave the stock an “overweight” rating in a research note on Monday, November 18th. Barclays upped their price objective on shares of Dell Technologies from $106.00 to $115.00 and gave the company an “equal weight” rating in a research note on Wednesday, November 27th. Citigroup cut their target price 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. Deutsche Bank Aktiengesellschaft lowered their price target on Dell Technologies from $144.00 to $142.00 and set a “buy” rating for the company in a research report on Monday, December 2nd. Finally, Melius Research lifted their price objective on Dell Technologies from $140.00 to $155.00 and gave the stock a “buy” rating in a research 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 stock. According to MarketBeat, Dell Technologies currently has a consensus rating of “Moderate Buy” and a consensus price target 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).