CS Mckee LP cut its holdings in Dell Technologies Inc. (NYSE:DVMT) by 0.3% during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 434,039 shares of the company’s stock after selling 1,480 shares during the quarter. Dell Technologies makes up approximately 2.6% of CS Mckee LP’s holdings, making the stock its 6th largest holding. CS Mckee LP owned about 0.06% of Dell Technologies worth $33,512,000 at the end of the most recent quarter.
Several other hedge funds and other institutional investors have also bought and sold shares of DVMT. Longfellow Investment Management Co. LLC boosted its position in Dell Technologies by 316.4% during the 3rd quarter. Longfellow Investment Management Co. LLC now owns 104,100 shares of the company’s stock valued at $8,038,000 after acquiring an additional 79,100 shares in the last quarter. Oakbrook Investments LLC bought a new stake in Dell Technologies during the 3rd quarter valued at approximately $270,000. Whittier Trust Co. boosted its position in Dell Technologies by 9.3% during the 3rd quarter. Whittier Trust Co. now owns 9,494 shares of the company’s stock valued at $733,000 after acquiring an additional 808 shares in the last quarter. Fox Run Management L.L.C. bought a new stake in Dell Technologies during the 3rd quarter valued at approximately $456,000. Finally, Huntington National Bank bought a new stake in Dell Technologies during the 3rd quarter valued at approximately $1,038,000. 23.03% of the stock is currently owned by institutional investors.
Shares of Dell Technologies Inc. (NYSE:DVMT) opened at $78.94 on Tuesday. The company has a current ratio of 0.76, a quick ratio of 0.70 and a debt-to-equity ratio of 2.44. The firm has a market capitalization of $16,040.00 and a P/E ratio of 12.34. Dell Technologies Inc. has a 12-month low of $53.08 and a 12-month high of $83.98.
Separately, BidaskClub cut Dell Technologies from a “strong-buy” rating to a “buy” rating in a research report on Thursday, November 2nd.
Dell Technologies Company Profile
Dell Technologies Inc, formerly Denali Holding Inc, is a provider of information technology solutions. The Company operates through two segments: Client Solutions and Enterprise Solutions Group (ESG). The Client Solutions segment includes sales to commercial and consumer customers of desktops, thin client products and notebooks, as well as services and third-party software and peripherals closely tied to the sale of Client Solutions hardware.
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