U.S. Capital Wealth Advisors LLC Increases Holdings in Dell Technologies Inc. (NYSE:DELL)

U.S. Capital Wealth Advisors LLC raised its stake in Dell Technologies Inc. (NYSE:DELL) by 9.6% during the 4th quarter, HoldingsChannel reports. The firm owned 24,550 shares of the technology company’s stock after acquiring an additional 2,152 shares during the quarter. U.S. Capital Wealth Advisors LLC’s holdings in Dell Technologies were worth $2,829,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently modified their holdings of the stock. Marshall Wace LLP acquired a new position in Dell Technologies during the 2nd quarter worth approximately $470,000. The Manufacturers Life Insurance Company raised its stake in shares of Dell Technologies by 9.2% during the second quarter. The Manufacturers Life Insurance Company now owns 22,559 shares of the technology company’s stock valued at $3,111,000 after purchasing an additional 1,902 shares during the period. Sanctuary Advisors LLC acquired a new position in shares of Dell Technologies during the second quarter worth $4,567,000. Centaurus Financial Inc. purchased a new position in shares of Dell Technologies in the second quarter valued at $262,000. Finally, Massmutual Trust Co. FSB ADV increased its stake in Dell Technologies by 39.6% during the 3rd quarter. Massmutual Trust Co. FSB ADV now owns 335 shares of the technology company’s stock worth $40,000 after buying an additional 95 shares during the period. Hedge funds and other institutional investors own 76.37% of the company’s stock.

Insider Activity

In other news, Director V (Gp) L.L.C. Slta sold 325,167 shares of the business’s stock in a transaction on Monday, January 6th. The stock was sold at an average price of $124.52, for a total value of $40,489,794.84. Following the sale, the director now owns 810,657 shares of the company’s stock, valued at approximately $100,943,009.64. The trade was a 28.63 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, Director Radakovich Lynn Vojvodich sold 725 shares of the firm’s stock in a transaction dated Friday, November 15th. The shares were sold at an average price of $132.28, for a total value of $95,903.00. Following the transaction, the director now directly owns 23,680 shares of the company’s stock, valued at $3,132,390.40. This represents a 2.97 % decrease in their position. The disclosure for this sale can be found here. Over the last ninety days, insiders have sold 946,132 shares of company stock valued at $115,660,009. Company insiders own 46.70% of the company’s stock.

Dell Technologies Stock Performance

Dell Technologies stock opened at $103.84 on Monday. Dell Technologies Inc. has a one year low of $80.49 and a one year high of $179.70. The company has a 50-day simple moving average of $117.34 and a 200-day simple moving average of $117.97. The firm has a market capitalization of $72.74 billion, a P/E ratio of 18.35, a P/E/G ratio of 1.09 and a beta of 0.92.

Dell Technologies (NYSE:DELL) last announced its quarterly earnings results on Tuesday, November 26th. The technology company reported $2.15 EPS for the quarter, beating the consensus estimate of $1.83 by $0.32. The company had revenue of $24.37 billion for the quarter, compared to analyst estimates of $24.67 billion. Dell Technologies had a net margin of 4.36% and a negative return on equity of 191.91%. Dell Technologies’s revenue was up 9.5% compared to the same quarter last year. During the same quarter last year, the business earned $1.62 earnings per share. As a group, sell-side analysts forecast that Dell Technologies Inc. will post 6.92 earnings per share for the current year.

Dell Technologies Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Friday, January 31st. Stockholders of record on Wednesday, January 22nd were paid a $0.445 dividend. The ex-dividend date of this dividend was Wednesday, January 22nd. This represents a $1.78 annualized dividend and a dividend yield of 1.71%. Dell Technologies’s payout ratio is 31.45%.

Analyst Upgrades and Downgrades

DELL has been the subject of several recent analyst reports. Morgan Stanley raised their target price on Dell Technologies from $136.00 to $154.00 and gave the company an “overweight” rating in a research note on Monday, November 11th. Evercore ISI restated an “outperform” rating and set a $150.00 price objective on shares of Dell Technologies in a research note on Wednesday, November 20th. Melius Research upped their target price on Dell Technologies from $140.00 to $155.00 and gave the company a “buy” rating in a research report on Wednesday, November 27th. Mizuho decreased their price target on shares of Dell Technologies from $155.00 to $150.00 and set an “outperform” rating for the company in a research report on Wednesday, November 27th. Finally, Citigroup reduced their price objective on shares of Dell Technologies from $160.00 to $156.00 and set a “buy” rating on the stock in a research note on Wednesday, November 27th. Three equities research analysts have rated the stock with a hold rating and fifteen have given a buy rating to the stock. According to MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average target price of $148.06.

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).