Prio Wealth Limited Partnership decreased its holdings in shares of Dell Technologies Inc (NYSE:DVMT) by 3.4% in the 3rd quarter, according to its most recent Form 13F filing with the SEC. The firm owned 16,449 shares of the company’s stock after selling 571 shares during the period. Prio Wealth Limited Partnership’s holdings in Dell Technologies were worth $1,597,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also made changes to their positions in the company. Third Point LLC purchased a new position in Dell Technologies during the second quarter worth about $169,160,000. Alpine Associates Management Inc. purchased a new position in Dell Technologies during the second quarter worth about $90,101,000. Los Angeles Capital Management & Equity Research Inc. raised its holdings in Dell Technologies by 395.1% during the second quarter. Los Angeles Capital Management & Equity Research Inc. now owns 1,019,145 shares of the company’s stock worth $86,199,000 after purchasing an additional 813,315 shares in the last quarter. Renaissance Technologies LLC raised its holdings in Dell Technologies by 16.7% during the second quarter. Renaissance Technologies LLC now owns 5,549,700 shares of the company’s stock worth $469,394,000 after purchasing an additional 794,800 shares in the last quarter. Finally, Morgan Stanley raised its holdings in Dell Technologies by 65.7% during the second quarter. Morgan Stanley now owns 1,684,914 shares of the company’s stock worth $142,512,000 after purchasing an additional 668,217 shares in the last quarter. Institutional investors and hedge funds own 23.16% of the company’s stock.

Shares of Dell Technologies stock opened at $98.50 on Tuesday. Dell Technologies Inc has a 12-month low of $64.96 and a 12-month high of $99.40. The company has a debt-to-equity ratio of 2.66, a current ratio of 0.88 and a quick ratio of 0.80. The stock has a market capitalization of $75.31 billion, a price-to-earnings ratio of 15.96 and a beta of 0.40.

Dell Technologies (NYSE:DVMT) last issued its earnings results on Thursday, September 6th. The company reported $1.81 earnings per share (EPS) for the quarter. Dell Technologies had a negative net margin of 3.01% and a positive return on equity of 30.61%. The company had revenue of $22.94 billion during the quarter.

Separately, ValuEngine cut shares of Dell Technologies from a “buy” rating to a “hold” rating in a report on Wednesday, September 19th. Two investment analysts have rated the stock with a hold rating and four have issued a buy rating to the company. Dell Technologies presently has a consensus rating of “Buy” and an average price target of $108.50.

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Dell Technologies Company 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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