California Public Employees Retirement System Has $35.14 Million Position in Dell Technologies Inc. (DVMT)

California Public Employees Retirement System boosted its holdings in Dell Technologies Inc. (NYSE:DVMT) by 3.2% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 432,347 shares of the company’s stock after acquiring an additional 13,293 shares during the quarter. California Public Employees Retirement System owned 0.06% of Dell Technologies worth $35,141,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also bought and sold shares of the stock. Longfellow Investment Management Co. LLC boosted its stake 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 purchasing an additional 79,100 shares in the last quarter. Oakbrook Investments LLC bought a new position in Dell Technologies during the 3rd quarter valued at $270,000. Whittier Trust Co. boosted its stake 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 purchasing an additional 808 shares in the last quarter. Fox Run Management L.L.C. bought a new position in Dell Technologies during the 3rd quarter valued at $456,000. Finally, Huntington National Bank bought a new position in Dell Technologies during the 3rd quarter valued at $1,038,000. Hedge funds and other institutional investors own 22.97% of the company’s stock.

A number of brokerages have issued reports on DVMT. TheStreet raised Dell Technologies from a “d-” rating to a “c-” rating in a research note on Wednesday. Gabelli began coverage on Dell Technologies in a research note on Wednesday, January 31st. They set a “buy” rating and a $106.00 price target for the company. BidaskClub lowered Dell Technologies from a “strong-buy” rating to a “buy” rating in a research note on Thursday, November 2nd. Finally, ValuEngine raised Dell Technologies from a “hold” rating to a “buy” rating in a research note on Monday, February 5th.

In other Dell Technologies news, CEO Michael S. Dell bought 14,350 shares of Dell Technologies stock in a transaction dated Monday, December 11th. The stock was bought at an average price of $32.70 per share, for a total transaction of $469,245.00. Following the completion of the acquisition, the chief executive officer now directly owns 539,274 shares of the company’s stock, valued at $17,634,259.80. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, insider David I. Goulden sold 4,700 shares of the stock in a transaction on Thursday, December 28th. The shares were sold at an average price of $80.93, for a total value of $380,371.00. Following the completion of the sale, the insider now owns 20,755 shares of the company’s stock, valued at approximately $1,679,702.15. The disclosure for this sale can be found here. Over the last three months, insiders have sold 14,100 shares of company stock valued at $1,171,898. Corporate insiders own 45.00% of the company’s stock.

Shares of Dell Technologies Inc. (DVMT) opened at $69.79 on Friday. The firm has a market capitalization of $13,910.00 and a price-to-earnings ratio of -11.71. The company has a debt-to-equity ratio of 2.98, a quick ratio of 0.78 and a current ratio of 0.85. Dell Technologies Inc. has a one year low of $59.92 and a one year high of $92.40.

Dell Technologies (NYSE:DVMT) last released its quarterly earnings data on Thursday, December 7th. The company reported $1.57 earnings per share for the quarter. Dell Technologies had a positive return on equity of 21.53% and a negative net margin of 4.50%. research analysts anticipate that Dell Technologies Inc. will post 5.12 earnings per share for the current year.

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About Dell Technologies

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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Institutional Ownership by Quarter for Dell Technologies (NYSE:DVMT)

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