Dell Technologies Inc. (NYSE:DELL) Shares Purchased by Milestones Administradora de Recursos Ltda.

Milestones Administradora de Recursos Ltda. boosted its position in shares of Dell Technologies Inc. (NYSE:DELL) by 620.0% during the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 14,400 shares of the technology company’s stock after purchasing an additional 12,400 shares during the period. Dell Technologies makes up 0.7% of Milestones Administradora de Recursos Ltda.’s holdings, making the stock its 19th biggest holding. Milestones Administradora de Recursos Ltda.’s holdings in Dell Technologies were worth $1,707,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently bought and sold shares of the company. Mitsubishi UFJ Asset Management Co. Ltd. increased its position in shares of Dell Technologies by 22.7% during the 1st quarter. Mitsubishi UFJ Asset Management Co. Ltd. now owns 135,678 shares of the technology company’s stock worth $15,482,000 after purchasing an additional 25,117 shares during the last quarter. LRI Investments LLC acquired a new stake in shares of Dell Technologies during the first quarter worth about $104,000. Oppenheimer Asset Management Inc. boosted its position in Dell Technologies by 31.1% in the 1st quarter. Oppenheimer Asset Management Inc. now owns 6,485 shares of the technology company’s stock valued at $740,000 after buying an additional 1,539 shares during the period. Chicago Capital LLC raised its stake in shares of Dell Technologies by 3.7% in the third quarter. Chicago Capital LLC now owns 121,466 shares of the technology company’s stock valued at $14,399,000 after acquiring an additional 4,385 shares in the last quarter. Finally, Tidal Investments LLC grew its stake in Dell Technologies by 114.2% during the 1st quarter. Tidal Investments LLC now owns 10,188 shares of the technology company’s stock worth $1,163,000 after purchasing an additional 5,432 shares in the last quarter. 38.10% of the stock is currently owned by institutional investors and hedge funds.

Dell Technologies Price Performance

Shares of DELL stock traded up $7.01 during midday trading on Wednesday, hitting $128.64. The company had a trading volume of 7,581,626 shares, compared to its average volume of 10,200,783. The stock has a market cap of $91.24 billion, a price-to-earnings ratio of 26.36, a PEG ratio of 1.27 and a beta of 0.90. The company’s 50 day simple moving average is $117.13 and its 200 day simple moving average is $125.30. Dell Technologies Inc. has a 52-week low of $65.73 and a 52-week high of $179.70.

Dell Technologies (NYSE:DELL) last announced its quarterly earnings data on Thursday, August 29th. The technology company reported $1.89 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.49 by $0.40. Dell Technologies had a net margin of 4.32% and a negative return on equity of 178.09%. The company had revenue of $25.03 billion for the quarter, compared to analysts’ expectations of $24.14 billion. During the same period in the previous year, the company posted $1.44 EPS. Dell Technologies’s revenue was up 9.1% compared to the same quarter last year. Analysts anticipate that Dell Technologies Inc. will post 6.91 EPS for the current year.

Dell Technologies Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Friday, November 1st. Shareholders of record on Tuesday, October 22nd will be given a dividend of $0.445 per share. This represents a $1.78 annualized dividend and a yield of 1.38%. The ex-dividend date of this dividend is Tuesday, October 22nd. Dell Technologies’s payout ratio is 36.33%.

Wall Street Analyst Weigh In

A number of analysts recently weighed in on DELL shares. Mizuho initiated coverage on shares of Dell Technologies in a research note on Tuesday, September 17th. They set an “outperform” rating and a $135.00 target price on the stock. JPMorgan Chase & Co. increased their price objective on Dell Technologies from $155.00 to $160.00 and gave the company an “overweight” rating in a report on Thursday, August 15th. Morgan Stanley lowered their price target on Dell Technologies from $142.00 to $136.00 and set an “overweight” rating for the company in a report on Thursday, August 29th. Deutsche Bank Aktiengesellschaft began coverage on shares of Dell Technologies in a report on Friday, September 27th. They set a “buy” rating and a $144.00 price objective on the stock. Finally, TD Cowen dropped their target price on shares of Dell Technologies from $155.00 to $128.00 and set a “hold” rating on the stock in a research report on Friday, August 30th. Three investment analysts have rated the stock with a hold rating and fourteen have assigned a buy rating to the company. Based on data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus target price of $143.50.

Insider Transactions at Dell Technologies

In other Dell Technologies news, CEO Michael S. Dell sold 221,460 shares of the firm’s stock in a transaction on Friday, September 6th. The stock was sold at an average price of $102.07, for a total value of $22,604,422.20. Following the completion of the sale, the chief executive officer now owns 20,190,781 shares of the company’s stock, valued at approximately $2,060,873,016.67. This trade represents a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. In related news, insider William F. Scannell sold 42,595 shares of the business’s stock in a transaction dated Friday, September 20th. The shares were sold at an average price of $117.29, for a total value of $4,995,967.55. Following the sale, the insider now directly owns 73,263 shares in the company, valued at $8,593,017.27. The trade was a 0.00 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, CEO Michael S. Dell sold 221,460 shares of the company’s stock in a transaction dated Friday, September 6th. The shares were sold at an average price of $102.07, for a total transaction of $22,604,422.20. Following the completion of the sale, the chief executive officer now directly owns 20,190,781 shares in the company, valued at $2,060,873,016.67. This trade represents a 0.00 % decrease in their position. The disclosure for this sale can be found here. In the last three months, insiders sold 17,953,387 shares of company stock valued at $2,113,353,236. Corporate insiders own 46.70% of the company’s stock.

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).