Janus Henderson Group PLC Has $348.81 Million Stock Holdings in Dell Technologies Inc. (NYSE:DELL)

Janus Henderson Group PLC grew its position in shares of Dell Technologies Inc. (NYSE:DELL) by 160.5% in the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 3,027,066 shares of the technology company’s stock after acquiring an additional 1,865,013 shares during the quarter. Janus Henderson Group PLC owned 0.43% of Dell Technologies worth $348,814,000 at the end of the most recent reporting period.

A number of other large investors have also recently bought and sold shares of DELL. Bellwether Advisors LLC acquired a new position in Dell Technologies during the 4th quarter worth approximately $25,000. Vision Financial Markets LLC acquired a new position in Dell Technologies during the 4th quarter worth approximately $26,000. Lee Danner & Bass Inc. acquired a new position in Dell Technologies during the 4th quarter worth approximately $26,000. Byrne Asset Management LLC acquired a new position in Dell Technologies during the 4th quarter worth approximately $28,000. Finally, Stonebridge Financial Group LLC acquired a new position in Dell Technologies during the 4th quarter worth approximately $37,000. Institutional investors and hedge funds own 76.37% of the company’s stock.

Wall Street Analyst Weigh In

A number of equities research analysts have recently issued reports on DELL shares. OTR Global upgraded Dell Technologies from a “negative” rating to a “positive” rating in a research note on Wednesday, February 12th. Morgan Stanley dropped their price objective on Dell Technologies from $154.00 to $128.00 and set an “overweight” rating on the stock in a research note on Thursday, February 13th. Wells Fargo & Company dropped their price objective on Dell Technologies from $160.00 to $150.00 and set an “overweight” rating on the stock in a research note on Friday, February 28th. Loop Capital dropped their price objective on Dell Technologies from $185.00 to $130.00 and set a “buy” rating on the stock in a research note on Tuesday, March 4th. Finally, Barclays upped their price objective on Dell Technologies from $115.00 to $116.00 and gave the stock an “equal weight” rating in a research note on Friday, February 28th. Three equities research analysts have rated the stock with a hold rating and sixteen have given a buy rating to the company’s stock. According to data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average price target of $134.65.

Dell Technologies Price Performance

Shares of NYSE DELL opened at $96.02 on Monday. The stock’s fifty day moving average price is $90.16 and its two-hundred day moving average price is $108.92. Dell Technologies Inc. has a one year low of $66.25 and a one year high of $179.70. The firm has a market cap of $67.01 billion, a price-to-earnings ratio of 16.96, a P/E/G ratio of 1.10 and a beta of 0.99.

Dell Technologies Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, May 2nd. Shareholders of record on Tuesday, April 22nd were issued a $0.525 dividend. This represents a $2.10 dividend on an annualized basis and a yield of 2.19%. This is a positive change from Dell Technologies’s previous quarterly dividend of $0.45. The ex-dividend date was Tuesday, April 22nd. Dell Technologies’s dividend payout ratio is currently 33.76%.

Insider Buying and Selling at Dell Technologies

In other news, CAO Brunilda Rios sold 926 shares of the stock in a transaction on Friday, March 28th. The stock was sold at an average price of $93.29, for a total transaction of $86,386.54. Following the sale, the chief accounting officer now directly owns 37,948 shares of the company’s stock, valued at approximately $3,540,168.92. This represents a 2.38% decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. 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).