Level Four Advisory Services LLC Has $329,000 Stake in Dell Technologies Inc. (NYSE:DELL)

Level Four Advisory Services LLC boosted its holdings in shares of Dell Technologies Inc. (NYSE:DELL) by 6.5% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 2,855 shares of the technology company’s stock after buying an additional 173 shares during the period. Level Four Advisory Services LLC’s holdings in Dell Technologies were worth $329,000 as of its most recent SEC filing.

Other hedge funds also recently made changes to their positions in the company. Optimist Retirement Group LLC raised its position in Dell Technologies by 27.3% in the third quarter. Optimist Retirement Group LLC now owns 2,157 shares of the technology company’s stock worth $256,000 after purchasing an additional 463 shares in the last quarter. Townsquare Capital LLC bought a new position in shares of Dell Technologies during the 3rd quarter worth approximately $557,000. Public Sector Pension Investment Board bought a new position in shares of Dell Technologies during the 3rd quarter worth approximately $1,583,000. Rockefeller Capital Management L.P. boosted its stake in Dell Technologies by 8.2% in the 3rd quarter. Rockefeller Capital Management L.P. now owns 116,318 shares of the technology company’s stock valued at $13,788,000 after buying an additional 8,772 shares in the last quarter. Finally, Captrust Financial Advisors raised its stake in Dell Technologies by 23.4% during the third quarter. Captrust Financial Advisors now owns 27,309 shares of the technology company’s stock worth $3,237,000 after acquiring an additional 5,181 shares in the last quarter. Institutional investors and hedge funds own 76.37% of the company’s stock.

Dell Technologies Stock Down 1.2 %

DELL stock opened at $91.15 on Tuesday. Dell Technologies Inc. has a twelve month low of $86.93 and a twelve month high of $179.70. The business’s fifty day moving average is $103.94 and its 200-day moving average is $116.19. The company has a market cap of $63.85 billion, a P/E ratio of 16.10, a price-to-earnings-growth ratio of 1.10 and a beta of 0.83.

Dell Technologies Increases Dividend

The business also recently announced a quarterly dividend, which will be paid on Friday, May 2nd. Shareholders of record on Tuesday, April 22nd will be issued a dividend of $0.525 per share. The ex-dividend date of this dividend is Tuesday, April 22nd. This represents a $2.10 dividend on an annualized basis and a yield of 2.30%. This is a boost from Dell Technologies’s previous quarterly dividend of $0.45. Dell Technologies’s dividend payout ratio (DPR) is 33.76%.

Analyst Upgrades and Downgrades

Several brokerages have recently commented on DELL. The Goldman Sachs Group reduced their target price on shares of Dell Technologies from $165.00 to $145.00 and set a “buy” rating on the stock in a research note on Monday, March 3rd. Bank of America decreased their price objective on shares of Dell Technologies from $155.00 to $150.00 and set a “buy” rating on the stock in a research note on Tuesday, February 18th. Deutsche Bank Aktiengesellschaft reduced their target price on Dell Technologies from $144.00 to $142.00 and set a “buy” rating on the stock in a report on Monday, December 2nd. Morgan Stanley dropped their price target on Dell Technologies from $154.00 to $128.00 and set an “overweight” rating for the company in a report on Thursday, February 13th. Finally, Loop Capital reduced their price objective on Dell Technologies from $185.00 to $130.00 and set a “buy” rating on the stock in a research note on Tuesday, March 4th. Three analysts have rated the stock with a hold rating and sixteen have assigned 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 $141.24.

Insider Activity

In other Dell Technologies news, Director Radakovich Lynn Vojvodich sold 725 shares of the business’s stock in a transaction dated Wednesday, January 22nd. The stock was sold at an average price of $120.00, for a total value of $87,000.00. Following the completion of the transaction, the director now directly owns 23,680 shares of the company’s stock, valued at approximately $2,841,600. The trade was 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 the firm’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 sale, the director now directly owns 810,657 shares in the company, valued at approximately $97,059,962.61. This represents a 38.10 % decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 824,937 shares of company stock valued at $100,327,453 in the last ninety days. 46.70% of the stock is owned by insiders.

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).