Dell Technologies Inc. (NYSE:DELL) Shares Acquired by Clarus Wealth Advisors

Clarus Wealth Advisors grew its position in shares of Dell Technologies Inc. (NYSE:DELL) by 15.7% during the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 7,191 shares of the technology company’s stock after buying an additional 975 shares during the period. Clarus Wealth Advisors’ holdings in Dell Technologies were worth $792,000 as of its most recent SEC filing.

Other hedge funds also recently made changes to their positions in the company. Clean Yield Group acquired a new position in Dell Technologies in the third quarter worth $25,000. True Wealth Design LLC lifted its position in shares of Dell Technologies by 2,530.0% in the 3rd quarter. True Wealth Design LLC now owns 263 shares of the technology company’s stock worth $31,000 after buying an additional 253 shares during the last quarter. Nemes Rush Group LLC acquired a new position in shares of Dell Technologies in the 2nd quarter valued at about $33,000. MCF Advisors LLC grew its position in shares of Dell Technologies by 132.0% during the 3rd quarter. MCF Advisors LLC now owns 290 shares of the technology company’s stock valued at $34,000 after buying an additional 165 shares during the last quarter. Finally, Covestor Ltd raised its stake in Dell Technologies by 290.7% during the third quarter. Covestor Ltd now owns 293 shares of the technology company’s stock worth $35,000 after acquiring an additional 218 shares during the period. Institutional investors and hedge funds own 76.37% of the company’s stock.

Insiders Place Their Bets

In other Dell Technologies news, Director Radakovich Lynn Vojvodich sold 725 shares of Dell Technologies stock in a transaction dated Friday, November 15th. The stock was sold at an average price of $132.28, for a total transaction of $95,903.00. Following the transaction, the director now owns 23,680 shares of the company’s stock, valued at $3,132,390.40. The trade was a 2.97 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, CFO Yvonne Mcgill sold 8,000 shares of the stock in a transaction that occurred on Monday, December 2nd. The stock was sold at an average price of $125.82, for a total transaction of $1,006,560.00. Following the completion of the sale, the chief financial officer now directly owns 228,419 shares of the company’s stock, valued at $28,739,678.58. This trade represents a 3.38 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last three months, insiders have sold 945,407 shares of company stock worth $115,573,009. Corporate insiders own 46.70% of the company’s stock.

Dell Technologies Stock Performance

Shares of NYSE:DELL opened at $108.99 on Wednesday. The stock has a market capitalization of $76.34 billion, a price-to-earnings ratio of 19.26, a PEG ratio of 1.25 and a beta of 0.92. Dell Technologies Inc. has a 1-year low of $76.90 and a 1-year high of $179.70. The company has a 50 day moving average price of $124.62 and a 200 day moving average price of $120.83.

Dell Technologies (NYSE:DELL) last issued its earnings results on Tuesday, November 26th. The technology company reported $2.15 earnings per share (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 business 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 company’s quarterly revenue was up 9.5% on a year-over-year basis. On average, sell-side analysts expect that Dell Technologies Inc. will post 6.92 EPS for the current fiscal year.

Dell Technologies Announces Dividend

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

Analysts Set New Price Targets

DELL has been the subject of a number of research reports. Barclays lifted their target price on Dell Technologies from $106.00 to $115.00 and gave the company an “equal weight” rating in a research note on Wednesday, November 27th. 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 increased their target price on Dell Technologies from $140.00 to $155.00 and gave the stock a “buy” rating in a research report on Wednesday, November 27th. Mizuho lowered 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, Deutsche Bank Aktiengesellschaft cut their price objective on shares of Dell Technologies from $144.00 to $142.00 and set a “buy” rating on the stock in a research report on Monday, December 2nd. Three research analysts have rated the stock with a hold rating and fifteen have given a buy rating to the company’s stock. According to MarketBeat, the company currently has an average rating of “Moderate Buy” and an average target price 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).