Cladis Investment Advisory LLC Acquires 3,330 Shares of Dell Technologies Inc. $DELL

Cladis Investment Advisory LLC increased its holdings in shares of Dell Technologies Inc. (NYSE:DELL) by 30.9% in the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 14,110 shares of the technology company’s stock after buying an additional 3,330 shares during the period. Cladis Investment Advisory LLC’s holdings in Dell Technologies were worth $1,286,000 at the end of the most recent quarter.

Other large investors have also recently bought and sold shares of the company. Exchange Traded Concepts LLC increased its stake in Dell Technologies by 25.9% in the first quarter. Exchange Traded Concepts LLC now owns 2,460 shares of the technology company’s stock valued at $224,000 after purchasing an additional 506 shares in the last quarter. Wealthcare Advisory Partners LLC boosted its holdings in shares of Dell Technologies by 44.9% in the first quarter. Wealthcare Advisory Partners LLC now owns 2,612 shares of the technology company’s stock valued at $238,000 after buying an additional 809 shares during the period. Mather Group LLC. increased its position in shares of Dell Technologies by 113.3% during the first quarter. Mather Group LLC. now owns 1,043 shares of the technology company’s stock worth $95,000 after acquiring an additional 554 shares in the last quarter. Golden State Wealth Management LLC lifted its position in Dell Technologies by 54.6% in the 1st quarter. Golden State Wealth Management LLC now owns 4,411 shares of the technology company’s stock valued at $402,000 after acquiring an additional 1,558 shares in the last quarter. Finally, Wealth Enhancement Advisory Services LLC lifted its position in Dell Technologies by 9.1% in the 1st quarter. Wealth Enhancement Advisory Services LLC now owns 59,429 shares of the technology company’s stock valued at $5,417,000 after acquiring an additional 4,977 shares in the last quarter. Institutional investors own 76.37% of the company’s stock.

Dell Technologies Price Performance

Shares of DELL stock opened at $138.27 on Monday. The stock has a market cap of $93.86 billion, a P/E ratio of 22.05, a P/E/G ratio of 0.97 and a beta of 1.02. The company has a fifty day moving average price of $125.79 and a two-hundred day moving average price of $108.74. Dell Technologies Inc. has a one year low of $66.25 and a one year high of $147.66.

Dell Technologies (NYSE:DELL) last announced its quarterly earnings results on Thursday, May 29th. The technology company reported $1.55 EPS for the quarter, missing analysts’ consensus estimates of $1.68 by ($0.13). The firm had revenue of $23.38 billion during the quarter, compared to analyst estimates of $23.17 billion. Dell Technologies had a net margin of 4.63% and a negative return on equity of 226.48%. The business’s revenue was up 5.1% compared to the same quarter last year. During the same quarter in the prior year, the business earned $1.27 EPS. As a group, equities research analysts anticipate that Dell Technologies Inc. will post 6.93 EPS for the current fiscal year.

Dell Technologies Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Friday, August 1st. Shareholders of record on Tuesday, July 22nd were paid a $0.525 dividend. The ex-dividend date was Tuesday, July 22nd. This represents a $2.10 dividend on an annualized basis and a yield of 1.5%. Dell Technologies’s dividend payout ratio (DPR) is currently 33.49%.

Analyst Ratings Changes

A number of brokerages recently weighed in on DELL. UBS Group reduced their target price on shares of Dell Technologies from $150.00 to $145.00 and set a “buy” rating for the company in a research note on Friday, May 30th. Wall Street Zen lowered shares of Dell Technologies from a “buy” rating to a “hold” rating in a research note on Monday, July 14th. Raymond James Financial upped their target price on shares of Dell Technologies from $144.00 to $150.00 and gave the stock an “outperform” rating in a research note on Friday, May 30th. Bank of America upped their target price on shares of Dell Technologies from $155.00 to $165.00 and gave the stock a “buy” rating in a research note on Friday, July 18th. Finally, Susquehanna reaffirmed a “neutral” rating and issued a $125.00 target price on shares of Dell Technologies in a research note on Wednesday. Five investment analysts have rated the stock with a hold rating and sixteen have assigned a buy rating to the company’s stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average target price of $143.00.

Insider Transactions at Dell Technologies

In other news, Director V (Gp) L.L.C. Slta sold 6,086 shares of the firm’s stock in a transaction dated Thursday, July 17th. The shares were sold at an average price of $123.50, for a total transaction of $751,621.00. Following the completion of the sale, the director owned 986,261 shares in the company, valued at approximately $121,803,233.50. This trade represents a 0.61% decrease in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. Also, CEO Michael S. Dell sold 10,000,000 shares of the firm’s stock in a transaction dated Thursday, June 26th. The stock was sold at an average price of $122.27, for a total transaction of $1,222,700,000.00. Following the sale, the chief executive officer owned 25,912,241 shares of the company’s stock, valued at approximately $3,168,289,707.07. This represents a 27.85% decrease in their position. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 12,989,063 shares of company stock valued at $1,583,673,412. 42.00% of the stock is owned by company insiders.

About Dell Technologies

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).