Athanor Capital LP increased its position in Dell Technologies (NYSE:DVMT) by 2.4% during the 1st quarter, HoldingsChannel.com reports. The institutional investor owned 62,030 shares of the company’s stock after purchasing an additional 1,430 shares during the period. Dell Technologies makes up 2.1% of Athanor Capital LP’s holdings, making the stock its 18th biggest holding. Athanor Capital LP’s holdings in Dell Technologies were worth $4,541,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently modified their holdings of the stock. Accident Compensation Corp increased its position in Dell Technologies by 17.9% during the 4th quarter. Accident Compensation Corp now owns 44,776 shares of the company’s stock valued at $3,639,000 after purchasing an additional 6,805 shares during the period. BBT Capital Management LLC increased its position in Dell Technologies by 33.5% during the 4th quarter. BBT Capital Management LLC now owns 195,091 shares of the company’s stock valued at $15,857,000 after purchasing an additional 48,902 shares during the period. Glenmede Trust Co. NA increased its position in Dell Technologies by 5.3% during the 4th quarter. Glenmede Trust Co. NA now owns 68,869 shares of the company’s stock valued at $5,596,000 after purchasing an additional 3,466 shares during the period. California Public Employees Retirement System increased its position in Dell Technologies by 3.2% during the 4th quarter. California Public Employees Retirement System now owns 432,347 shares of the company’s stock valued at $35,141,000 after purchasing an additional 13,293 shares during the period. Finally, Dalton Investments LLC purchased a new position in Dell Technologies during the 4th quarter valued at $3,081,000. 22.55% of the stock is currently owned by institutional investors.

A number of research analysts have issued reports on the stock. TheStreet raised shares of Dell Technologies from a “d-” rating to a “c-” rating in a research report on Wednesday, February 14th. ValuEngine downgraded shares of Dell Technologies from a “strong-buy” rating to a “buy” rating in a research report on Monday, April 2nd. Deutsche Bank initiated coverage on shares of Dell Technologies in a research report on Wednesday, February 28th. They issued a “buy” rating and a $114.00 target price on the stock. Zacks Investment Research downgraded shares of Dell Technologies from a “strong-buy” rating to a “hold” rating in a research report on Monday, May 14th. Finally, Stifel Nicolaus downgraded shares of Dell Technologies from a “buy” rating to a “hold” rating in a research report on Friday, March 2nd. Two investment analysts have rated the stock with a hold rating and five have given a buy rating to the stock. The stock has an average rating of “Buy” and a consensus price target of $101.00.

NYSE:DVMT opened at $80.66 on Friday. The stock has a market capitalization of $61.97 billion, a PE ratio of 13.07, a price-to-earnings-growth ratio of 1.55 and a beta of -0.45. The company has a current ratio of 0.85, a quick ratio of 0.79 and a debt-to-equity ratio of 2.94. Dell Technologies has a 1-year low of $59.92 and a 1-year high of $92.40.

Dell Technologies (NYSE:DVMT) last released its earnings results on Thursday, March 8th. The company reported $2.39 earnings per share for the quarter, topping the Zacks’ consensus estimate of $1.64 by $0.75. The firm had revenue of $21.94 billion for the quarter. Dell Technologies had a negative net margin of 4.74% and a positive return on equity of 23.17%. analysts forecast that Dell Technologies will post 5.76 EPS for the current fiscal year.

Dell Technologies Profile

Dell Technologies Inc designs, develops, manufactures, markets, sells, and supports information technology (IT) products and services worldwide. It operates through three segments: Client Solutions Group (CSG), Infrastructure Solutions Group (ISG), and VMware. The CSG segment offers hardware, such as desktop personal computers, notebooks, and workstations; and branded peripherals, including monitors and projectors; third-party software and peripherals; and attached software, peripherals, and services comprising support and deployment, configuration, and extended warranty services.

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

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