Kintegral Advisory LLC Decreases Stock Position in Dell Technologies Inc. (NYSE:DELL)

Kintegral Advisory LLC cut its holdings in Dell Technologies Inc. (NYSE:DELL) by 4.5% during the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 3,445 shares of the technology company’s stock after selling 161 shares during the period. Kintegral Advisory LLC’s holdings in Dell Technologies were worth $397,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also made changes to their positions in the business. Boyd Watterson Asset Management LLC OH boosted its position in shares of Dell Technologies by 17.5% in the 4th quarter. Boyd Watterson Asset Management LLC OH now owns 3,887 shares of the technology company’s stock worth $448,000 after buying an additional 579 shares in the last quarter. Greystone Financial Group LLC acquired a new position in Dell Technologies in the 4th quarter valued at about $1,020,000. Compass Capital Corp MA ADV acquired a new position in Dell Technologies in the 4th quarter valued at about $1,216,000. Cromwell Holdings LLC acquired a new position in Dell Technologies in the 4th quarter valued at about $48,000. Finally, ING Groep NV acquired a new position in Dell Technologies in the 4th quarter valued at about $4,521,000. 76.37% of the stock is currently owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

Several research analysts recently weighed in on the stock. Melius Research boosted their target price on shares of Dell Technologies from $140.00 to $155.00 and gave the company a “buy” rating in a research note on Wednesday, November 27th. Mizuho cut their target price on shares of Dell Technologies from $155.00 to $150.00 and set an “outperform” rating for the company in a research note on Wednesday, November 27th. Wells Fargo & Company boosted their target price on shares of Dell Technologies from $140.00 to $160.00 and gave the company an “overweight” rating in a research note on Monday, November 18th. JPMorgan Chase & Co. cut their target price on shares of Dell Technologies from $160.00 to $150.00 and set an “overweight” rating for the company in a research note on Tuesday, February 11th. Finally, Evercore ISI reaffirmed an “outperform” rating and set a $150.00 price objective on shares of Dell Technologies in a research note on Wednesday, November 20th. Three analysts have rated the stock with a hold rating and sixteen have assigned a buy rating to the stock. According to MarketBeat.com, Dell Technologies currently has a consensus rating of “Moderate Buy” and a consensus target price of $145.00.

Dell Technologies Stock Performance

Shares of NYSE:DELL opened at $117.66 on Monday. Dell Technologies Inc. has a 1 year low of $85.40 and a 1 year high of $179.70. The stock has a market capitalization of $82.41 billion, a P/E ratio of 20.79, a PEG ratio of 1.10 and a beta of 0.90. The stock has a 50-day simple moving average of $113.11 and a 200-day simple moving average of $117.92.

Dell Technologies (NYSE:DELL) last issued its earnings results on Tuesday, November 26th. The technology company reported $2.15 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.83 by $0.32. Dell Technologies had a negative return on equity of 191.91% and a net margin of 4.36%. The business had revenue of $24.37 billion during the quarter, compared to analysts’ expectations of $24.67 billion. During the same quarter in the previous year, the business earned $1.62 EPS. The company’s revenue for the quarter was up 9.5% on a year-over-year basis. Analysts predict that Dell Technologies Inc. will post 6.93 earnings per share for the current year.

Dell Technologies Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Friday, January 31st. Shareholders of record on Wednesday, January 22nd were issued a $0.445 dividend. This represents a $1.78 dividend on an annualized basis and a yield of 1.51%. The ex-dividend date was Wednesday, January 22nd. Dell Technologies’s dividend payout ratio is presently 31.45%.

Insiders Place Their Bets

In other Dell Technologies news, Director Radakovich Lynn Vojvodich sold 725 shares of the company’s stock in a transaction that occurred on Wednesday, January 22nd. The stock was sold at an average price of $120.00, for a total value of $87,000.00. Following the completion of the transaction, the director now owns 23,680 shares in the company, valued at $2,841,600. This represents a 2.97 % decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, Director V (Gp) L.L.C. Slta sold 103,745 shares of the company’s stock in a transaction that occurred on Friday, December 6th. The stock was sold at an average price of $125.28, for a total value of $12,997,173.60. Following the completion of the transaction, the director now owns 777,347 shares of the company’s stock, valued at approximately $97,386,032.16. This represents a 11.77 % decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 937,407 shares of company stock worth $114,418,186 in the last 90 days. 46.70% of the stock is owned by company insiders.

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).