Seeyond reduced its stake in Dell Inc. (NASDAQ:DELL) by 2.3% during the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 16,863 shares of the technology company’s stock after selling 403 shares during the quarter. Seeyond’s holdings in Dell were worth $857,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently bought and sold shares of the stock. Roman Butler Fullerton & Co. increased its stake in shares of Dell by 3.2% during the 2nd quarter. Roman Butler Fullerton & Co. now owns 6,549 shares of the technology company’s stock worth $333,000 after purchasing an additional 200 shares during the last quarter. Commerce Bank increased its stake in shares of Dell by 2.3% during the 2nd quarter. Commerce Bank now owns 10,816 shares of the technology company’s stock worth $549,000 after purchasing an additional 246 shares during the last quarter. Reynders McVeigh Capital Management LLC increased its stake in shares of Dell by 5.7% during the 2nd quarter. Reynders McVeigh Capital Management LLC now owns 4,654 shares of the technology company’s stock worth $236,000 after purchasing an additional 253 shares during the last quarter. Van Strum & Towne Inc. increased its stake in shares of Dell by 3.7% during the 1st quarter. Van Strum & Towne Inc. now owns 7,843 shares of the technology company’s stock worth $460,000 after purchasing an additional 280 shares during the last quarter. Finally, Monetary Management Group Inc. grew its stake in Dell by 33.0% in the 1st quarter. Monetary Management Group Inc. now owns 1,257 shares of the technology company’s stock valued at $74,000 after buying an additional 312 shares during the last quarter. 22.92% of the stock is currently owned by institutional investors and hedge funds.

A number of research analysts recently commented on the stock. JPMorgan Chase & Co. set a $72.00 price target on shares of Dell and gave the company a “buy” rating in a research note on Friday, August 30th. Wells Fargo & Co set a $68.00 price target on shares of Dell and gave the company a “buy” rating in a research note on Friday, August 30th. Zacks Investment Research upgraded shares of Dell from a “sell” rating to a “hold” rating in a research note on Wednesday, August 7th. Deutsche Bank decreased their price target on shares of Dell from $62.00 to $60.00 and set a “buy” rating on the stock in a research note on Monday, August 19th. Finally, Morgan Stanley upped their price target on shares of Dell from $56.00 to $57.00 and gave the company an “equal weight” rating in a research note on Friday, August 30th. Six analysts have rated the stock with a hold rating and eleven have issued a buy rating to the company. The stock presently has an average rating of “Buy” and a consensus price target of $61.38.

Shares of Dell stock traded up $0.01 on Friday, reaching $54.16. 19,076 shares of the stock were exchanged, compared to its average volume of 2,693,579. The firm’s 50 day moving average is $51.10 and its 200-day moving average is $57.18. Dell Inc. has a one year low of $42.02 and a one year high of $70.55. The company has a debt-to-equity ratio of 2.81, a quick ratio of 0.82 and a current ratio of 0.90. The firm has a market cap of $39.49 billion, a PE ratio of 8.78 and a beta of 0.47.

Dell (NASDAQ:DELL) last issued its quarterly earnings results on Thursday, August 29th. The technology company reported $2.15 earnings per share for the quarter, topping the Zacks’ consensus estimate of $1.46 by $0.69. Dell had a negative net margin of 2.84% and a positive return on equity of 31.57%. The company had revenue of $23.37 billion during the quarter, compared to the consensus estimate of $23.32 billion. The business’s revenue for the quarter was up 1.9% on a year-over-year basis. On average, equities research analysts expect that Dell Inc. will post 6.23 EPS for the current fiscal year.

In related news, insider Allison Dew sold 22,590 shares of the stock in a transaction that occurred on Friday, July 19th. The shares were sold at an average price of $58.50, for a total value of $1,321,515.00. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, major shareholder Holdings (Private) Ltd Temasek sold 2,668,302 shares of the stock in a transaction that occurred on Tuesday, September 3rd. The shares were sold at an average price of $51.40, for a total transaction of $137,150,722.80. The disclosure for this sale can be found here. In the last ninety days, insiders have sold 4,676,210 shares of company stock valued at $241,763,725. 46.00% of the stock is currently owned by insiders.

Dell Company Profile

Dell Inc (Dell) is a global information technology company that offers its customers a range of solutions and services delivered directly by Dell and through other distribution channels. Dell is a holding company that conducts its business worldwide through its subsidiaries. The Company operates in four segments: Large Enterprise, Public, Small and Medium Business, and Consumer.

See Also: Market Capitalization and Individual Investors

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Institutional Ownership by Quarter for Dell (NASDAQ:DELL)

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