Key Financial Inc Has $34,000 Stock Holdings in Dell Technologies Inc. (NYSE:DELL)

Key Financial Inc reduced its stake in shares of Dell Technologies Inc. (NYSE:DELL) by 24.4% during the 4th quarter, according to its most recent 13F filing with the SEC. The firm owned 442 shares of the technology company’s stock after selling 143 shares during the period. Key Financial Inc’s holdings in Dell Technologies were worth $34,000 as of its most recent filing with the SEC.

Several other hedge funds have also recently bought and sold shares of DELL. Cambridge Investment Research Advisors Inc. raised its holdings in Dell Technologies by 17.7% during the 1st quarter. Cambridge Investment Research Advisors Inc. now owns 14,076 shares of the technology company’s stock worth $706,000 after buying an additional 2,117 shares during the period. D.A. Davidson & CO. acquired a new stake in Dell Technologies during the 1st quarter worth approximately $304,000. MetLife Investment Management LLC acquired a new stake in Dell Technologies during the 1st quarter worth approximately $568,000. Rhumbline Advisers raised its holdings in Dell Technologies by 2.0% during the 1st quarter. Rhumbline Advisers now owns 254,266 shares of the technology company’s stock worth $12,762,000 after buying an additional 4,949 shares during the period. Finally, Yousif Capital Management LLC raised its holdings in Dell Technologies by 5.2% during the 1st quarter. Yousif Capital Management LLC now owns 6,090 shares of the technology company’s stock worth $306,000 after buying an additional 302 shares during the period. 38.10% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

Several equities analysts have recently weighed in on DELL shares. UBS Group raised their price target on shares of Dell Technologies from $99.00 to $113.00 and gave the stock a “buy” rating in a research note on Friday, March 1st. Barclays raised their price target on shares of Dell Technologies from $53.00 to $94.00 and gave the stock an “underweight” rating in a research note on Friday, March 1st. TD Cowen raised their price target on shares of Dell Technologies from $75.00 to $105.00 and gave the stock a “market perform” rating in a research note on Friday, March 1st. Evercore ISI raised their price target on shares of Dell Technologies from $95.00 to $125.00 and gave the stock an “outperform” rating in a research note on Friday, March 1st. Finally, Wells Fargo & Company raised their price target on shares of Dell Technologies from $85.00 to $140.00 and gave the stock an “overweight” rating in a research note on Friday, March 1st. One analyst has rated the stock with a sell rating, one has given a hold rating and twelve have assigned a buy rating to the company. According to MarketBeat, Dell Technologies has a consensus rating of “Moderate Buy” and an average price target of $102.88.

Insider Transactions at Dell Technologies

In other news, General Counsel Richard J. Rothberg sold 93,954 shares of Dell Technologies stock in a transaction on Monday, April 8th. The stock was sold at an average price of $132.95, for a total transaction of $12,491,184.30. Following the completion of the sale, the general counsel now owns 86,836 shares of the company’s stock, valued at $11,544,846.20. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. In related news, General Counsel Richard J. Rothberg sold 93,954 shares of the business’s stock in a transaction dated Monday, April 8th. The stock was sold at an average price of $132.95, for a total value of $12,491,184.30. Following the completion of the transaction, the general counsel now owns 86,836 shares of the company’s stock, valued at $11,544,846.20. The transaction was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. Also, CEO Michael S. Dell sold 1,944,641 shares of the business’s stock in a transaction dated Wednesday, March 20th. The shares were sold at an average price of $108.79, for a total value of $211,557,494.39. Following the completion of the transaction, the chief executive officer now directly owns 33,412,241 shares of the company’s stock, valued at approximately $3,634,917,698.39. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 6,382,204 shares of company stock valued at $718,452,037. 48.60% of the stock is currently owned by corporate insiders.

Dell Technologies Price Performance

DELL stock opened at $117.86 on Thursday. The company has a fifty day moving average price of $107.70 and a two-hundred day moving average price of $85.66. Dell Technologies Inc. has a one year low of $41.47 and a one year high of $136.16. The stock has a market cap of $84.13 billion, a price-to-earnings ratio of 27.36, a price-to-earnings-growth ratio of 1.53 and a beta of 0.92.

Dell Technologies (NYSE:DELL) last released its quarterly earnings data on Thursday, February 29th. The technology company reported $2.20 EPS for the quarter, topping analysts’ consensus estimates of $1.73 by $0.47. Dell Technologies had a net margin of 3.63% and a negative return on equity of 172.07%. The firm had revenue of $22.32 billion during the quarter, compared to analysts’ expectations of $22.17 billion. During the same period in the previous year, the business posted $1.55 earnings per share. The company’s revenue for the quarter was down 10.9% compared to the same quarter last year. Research analysts anticipate that Dell Technologies Inc. will post 6.58 EPS for the current fiscal year.

Dell Technologies Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Friday, May 3rd. Stockholders of record on Tuesday, April 23rd will be issued a dividend of $0.445 per share. The ex-dividend date of this dividend is Monday, April 22nd. This represents a $1.78 dividend on an annualized basis and a dividend yield of 1.51%. This is an increase from Dell Technologies’s previous quarterly dividend of $0.37. Dell Technologies’s dividend payout ratio (DPR) is currently 33.87%.

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).