Capital Advisors Inc. OK Has $439,000 Holdings in Dell Technologies Inc. (NYSE:DELL)

Capital Advisors Inc. OK grew its position in Dell Technologies Inc. (NYSE:DELL) by 80.0% in the 3rd quarter, HoldingsChannel.com reports. The institutional investor owned 3,707 shares of the technology company’s stock after purchasing an additional 1,647 shares during the period. Capital Advisors Inc. OK’s holdings in Dell Technologies were worth $439,000 at the end of the most recent quarter.

Other institutional investors have also made changes to their positions in the company. GPS Wealth Strategies Group LLC lifted its stake in Dell Technologies by 1.4% in the 2nd quarter. GPS Wealth Strategies Group LLC now owns 5,959 shares of the technology company’s stock worth $822,000 after acquiring an additional 80 shares in the last quarter. Affinity Wealth Management LLC increased its holdings 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 valued at $422,000 after purchasing an additional 87 shares during the period. Massmutual Trust Co. FSB ADV lifted its position in shares of Dell Technologies by 39.6% in the third quarter. Massmutual Trust Co. FSB ADV now owns 335 shares of the technology company’s stock worth $40,000 after purchasing an additional 95 shares in the last quarter. J.P. Marvel Investment Advisors LLC boosted its holdings in shares of Dell Technologies by 0.9% during the first quarter. J.P. Marvel Investment Advisors LLC now owns 10,887 shares of the technology company’s stock worth $1,242,000 after purchasing an additional 98 shares during the period. Finally, Kathmere Capital Management LLC increased its stake in Dell Technologies by 2.2% in the 2nd quarter. Kathmere Capital Management LLC now owns 4,607 shares of the technology company’s stock valued at $635,000 after buying an additional 100 shares during the period. 38.10% of the stock is owned by hedge funds and other institutional investors.

Insider Transactions at Dell Technologies

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

Wall Street Analyst Weigh In

A number of brokerages have commented on DELL. Wells Fargo & Company lowered their target price on Dell Technologies from $150.00 to $140.00 and set an “overweight” rating on the stock in a research note on Friday, August 30th. UBS Group lowered their price target on Dell Technologies from $164.00 to $158.00 and set a “buy” rating on the stock in a report on Friday, August 30th. Sanford C. Bernstein reduced their price objective on shares of Dell Technologies from $155.00 to $140.00 and set an “outperform” rating for the company in a research note on Friday, August 30th. Susquehanna initiated coverage on shares of Dell Technologies in a research note on Tuesday, September 10th. They issued a “neutral” rating and a $120.00 target price on the stock. Finally, Evercore ISI reissued an “outperform” rating and set a $140.00 target price on shares of Dell Technologies in a research report on Wednesday, August 28th. Three analysts have rated the stock with a hold rating and fourteen have issued a buy rating to the company. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $143.50.

Dell Technologies Trading Up 5.9 %

DELL opened at $130.87 on Friday. The stock’s 50 day simple moving average is $118.15 and its 200-day simple moving average is $125.44. The stock has a market cap of $91.92 billion, a PE ratio of 24.06, a P/E/G ratio of 1.36 and a beta of 0.90. Dell Technologies Inc. has a 1 year low of $67.51 and a 1 year 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 analysts’ consensus estimates 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 during the quarter, compared to analysts’ expectations of $24.14 billion. During the same quarter in the prior year, the company posted $1.44 EPS. The business’s revenue was up 9.1% on a year-over-year basis. Equities analysts forecast that Dell Technologies Inc. will post 6.91 earnings per share for the current fiscal year.

Dell Technologies Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Friday, November 1st. Stockholders of record on Tuesday, October 22nd were paid a $0.445 dividend. The ex-dividend date of this dividend was Tuesday, October 22nd. This represents a $1.78 annualized dividend and a dividend yield of 1.36%. Dell Technologies’s dividend payout ratio is currently 32.72%.

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).