Dell Technologies Inc. (NYSE:DELL) Receives Consensus Rating of “Moderate Buy” from Analysts

Shares of Dell Technologies Inc. (NYSE:DELL) have received an average rating of “Moderate Buy” from the fourteen ratings firms that are covering the company, MarketBeat Ratings reports. One equities research analyst has rated the stock with a sell rating, one has issued a hold rating and twelve have issued a buy rating on the company. The average 12-month price target among brokers that have covered the stock in the last year is $102.88.

DELL has been the subject of several research analyst reports. UBS Group increased their price objective on Dell Technologies from $99.00 to $113.00 and gave the stock a “buy” rating in a report on Friday, March 1st. Raymond James raised their target price on Dell Technologies from $68.00 to $82.00 and gave the company an “outperform” rating in a research note on Friday, December 1st. TD Cowen raised their target price on Dell Technologies from $75.00 to $105.00 and gave the company a “market perform” rating in a research note on Friday, March 1st. Sanford C. Bernstein raised their target price on Dell Technologies from $90.00 to $120.00 and gave the company an “outperform” rating in a research note on Friday, March 1st. Finally, Loop Capital started coverage on Dell Technologies in a research note on Wednesday, February 28th. They issued a “buy” rating and a $125.00 target price for the company.

Insiders Place Their Bets

In other Dell Technologies news, Director V (Gp) L.L.C. Slta sold 1,019,203 shares of Dell Technologies stock in a transaction on Thursday, March 21st. The stock was sold at an average price of $110.06, for a total value of $112,173,482.18. Following the completion of the sale, the director now owns 535,816 shares of the company’s stock, valued at approximately $58,971,908.96. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. In related news, CEO Michael S. Dell sold 1,944,641 shares of Dell Technologies stock in a transaction on Wednesday, March 20th. The stock was sold at an average price of $108.79, for a total value of $211,557,494.39. Following the completion of the sale, the chief executive officer now owns 33,412,241 shares of the company’s stock, valued at $3,634,917,698.39. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, Director V (Gp) L.L.C. Slta sold 1,019,203 shares of Dell Technologies stock in a transaction on Thursday, March 21st. The stock was sold at an average price of $110.06, for a total value of $112,173,482.18. Following the completion of the sale, the director now directly owns 535,816 shares of the company’s stock, valued at approximately $58,971,908.96. The disclosure for this sale can be found here. In the last quarter, insiders sold 9,558,306 shares of company stock valued at $956,098,061. Corporate insiders own 48.60% of the company’s stock.

Institutional Trading of Dell Technologies

Several large investors have recently modified their holdings of DELL. Rise Advisors LLC grew its holdings in Dell Technologies by 200.0% during the third quarter. Rise Advisors LLC now owns 357 shares of the technology company’s stock valued at $25,000 after purchasing an additional 238 shares during the period. Jones Financial Companies Lllp bought a new stake in Dell Technologies during the fourth quarter valued at about $25,000. Anchor Investment Management LLC bought a new stake in Dell Technologies during the fourth quarter valued at about $26,000. Brown Brothers Harriman & Co. bought a new stake in Dell Technologies during the first quarter valued at about $27,000. Finally, Compass Wealth Management LLC purchased a new position in shares of Dell Technologies in the fourth quarter valued at about $28,000. Institutional investors own 38.10% of the company’s stock.

Dell Technologies Price Performance

DELL opened at $114.14 on Friday. The stock’s 50 day simple moving average is $96.15 and its 200 day simple moving average is $80.18. Dell Technologies has a 1 year low of $38.64 and a 1 year high of $131.06. The firm has a market cap of $81.22 billion, a price-to-earnings ratio of 26.12, a PEG ratio of 1.45 and a beta of 0.91.

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

Dell Technologies Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Friday, May 3rd. Shareholders of record on Tuesday, April 23rd will be issued a $0.445 dividend. This is a positive change from Dell Technologies’s previous quarterly dividend of $0.37. The ex-dividend date is Monday, April 22nd. This represents a $1.78 dividend on an annualized basis and a dividend yield of 1.56%. Dell Technologies’s dividend payout ratio (DPR) is presently 33.87%.

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).