Dell Technologies Inc. (NYSE:DELL) Holdings Increased by Czech National Bank

Czech National Bank increased its stake in Dell Technologies Inc. (NYSE:DELL) by 13.6% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 66,600 shares of the technology company’s stock after acquiring an additional 7,999 shares during the period. Czech National Bank’s holdings in Dell Technologies were worth $7,675,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Intrepid Financial Planning Group LLC raised its stake in shares of Dell Technologies by 0.7% in the 3rd quarter. Intrepid Financial Planning Group LLC now owns 12,002 shares of the technology company’s stock worth $1,423,000 after buying an additional 80 shares in the last quarter. Smithfield Trust Co raised its position in Dell Technologies by 8.0% in the third quarter. Smithfield Trust Co now owns 1,139 shares of the technology company’s stock worth $134,000 after acquiring an additional 84 shares in the last quarter. Graypoint LLC lifted its holdings in Dell Technologies by 4.3% in the 3rd quarter. Graypoint LLC now owns 2,086 shares of the technology company’s stock valued at $247,000 after acquiring an additional 86 shares during the last quarter. Affinity Wealth Management LLC grew its stake in shares of Dell Technologies by 2.5% in the 3rd quarter. Affinity Wealth Management LLC now owns 3,560 shares of the technology company’s stock worth $422,000 after purchasing an additional 87 shares during the last quarter. Finally, ASB Consultores LLC raised its holdings in shares of Dell Technologies by 4.6% in the 3rd quarter. ASB Consultores LLC now owns 1,987 shares of the technology company’s stock worth $236,000 after purchasing an additional 87 shares in the last quarter. Institutional investors own 76.37% of the company’s stock.

Analyst Upgrades and Downgrades

DELL has been the topic of several recent research reports. Evercore ISI restated an “outperform” rating and issued a $150.00 price target on shares of Dell Technologies in a research report on Wednesday, November 20th. Wells Fargo & Company lifted their target price on Dell Technologies from $140.00 to $160.00 and gave the stock an “overweight” rating in a report on Monday, November 18th. Morgan Stanley upped their target price on Dell Technologies from $136.00 to $154.00 and gave the company an “overweight” rating in a report on Monday, November 11th. Citigroup dropped their price target 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. Finally, Deutsche Bank Aktiengesellschaft reduced their price objective on shares of Dell Technologies from $144.00 to $142.00 and set a “buy” rating for the company in a research note on Monday, December 2nd. Three analysts have rated the stock with a hold rating and fifteen have given a buy rating to the company. According to MarketBeat.com, Dell Technologies presently has a consensus rating of “Moderate Buy” and a consensus target price of $148.06.

Dell Technologies Stock Down 1.1 %

Shares of NYSE:DELL opened at $108.99 on Wednesday. Dell Technologies Inc. has a 12-month low of $76.90 and a 12-month high of $179.70. The firm has a market capitalization of $76.55 billion, a P/E ratio of 19.26, a price-to-earnings-growth ratio of 1.25 and a beta of 0.90. The firm has a fifty day moving average of $124.62 and a two-hundred day moving average of $120.83.

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

Dell Technologies Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Friday, January 31st. Shareholders of record on Wednesday, January 22nd will be given a $0.445 dividend. This represents a $1.78 annualized dividend and a yield of 1.63%. The ex-dividend date is Wednesday, January 22nd. Dell Technologies’s dividend payout ratio is 31.45%.

Insider Activity

In other news, Director V (Gp) L.L.C. Slta sold 325,167 shares of Dell Technologies stock in a transaction that occurred on Monday, January 6th. The shares were sold at an average price of $124.52, for a total value of $40,489,794.84. Following the transaction, the director now owns 810,657 shares of the company’s stock, valued at $100,943,009.64. This trade represents a 28.63 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, Director Iv (Gp) L.L.C. Slta sold 499,045 shares of the company’s stock in a transaction on Wednesday, January 8th. The stock was sold at an average price of $119.73, for a total transaction of $59,750,657.85. Following the sale, the director now directly owns 810,657 shares of the company’s stock, 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. In the last 90 days, insiders have sold 945,407 shares of company stock worth $115,573,009. 46.70% of the stock is owned by corporate insiders.

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).