Great West Life Assurance Co. Can lowered its stake in shares of Dell Technologies Inc (NYSE:DVMT) by 13.9% during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 115,300 shares of the company’s stock after selling 18,624 shares during the quarter. Great West Life Assurance Co. Can’s holdings in Dell Technologies were worth $11,210,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently bought and sold shares of DVMT. Balter Liquid Alternatives LLC increased its holdings in Dell Technologies by 14.9% in the 2nd quarter. Balter Liquid Alternatives LLC now owns 4,232 shares of the company’s stock worth $390,000 after buying an additional 548 shares during the period. Raymond James Financial Services Advisors Inc. increased its holdings in Dell Technologies by 7.8% in the 2nd quarter. Raymond James Financial Services Advisors Inc. now owns 9,155 shares of the company’s stock worth $774,000 after buying an additional 663 shares during the period. Violich Capital Management Inc. increased its holdings in Dell Technologies by 0.5% in the 2nd quarter. Violich Capital Management Inc. now owns 148,602 shares of the company’s stock worth $12,569,000 after buying an additional 714 shares during the period. Raymond James & Associates increased its holdings in Dell Technologies by 0.9% in the 2nd quarter. Raymond James & Associates now owns 77,473 shares of the company’s stock worth $6,553,000 after buying an additional 724 shares during the period. Finally, DNB Asset Management AS increased its holdings in Dell Technologies by 3.5% in the 3rd quarter. DNB Asset Management AS now owns 26,575 shares of the company’s stock worth $2,581,000 after buying an additional 900 shares during the period. Hedge funds and other institutional investors own 22.93% of the company’s stock.

Dell Technologies stock opened at $105.61 on Friday. The company has a debt-to-equity ratio of 2.66, a quick ratio of 0.80 and a current ratio of 0.88. Dell Technologies Inc has a 12 month low of $64.96 and a 12 month high of $107.22. The company has a market capitalization of $80.23 billion, a price-to-earnings ratio of 14.39 and a beta of 0.47.

Dell Technologies (NYSE:DVMT) last released its quarterly earnings data on Thursday, November 29th. The company reported $1.82 EPS for the quarter, topping the Thomson Reuters’ consensus estimate of $1.50 by $0.32. Dell Technologies had a positive return on equity of 30.92% and a negative net margin of 2.84%. The business had revenue of $22.48 billion for the quarter. Sell-side analysts expect that Dell Technologies Inc will post 6.1 earnings per share for the current year.

Several equities analysts recently weighed in on DVMT shares. ValuEngine downgraded shares of Dell Technologies from a “buy” rating to a “hold” rating in a report on Wednesday, September 19th. Deutsche Bank upped their price objective on Dell Technologies from $106.00 to $114.00 and gave the stock a “buy” rating in a research report on Friday, November 16th. Two analysts have rated the stock with a hold rating and four have issued a buy rating to the stock. The stock currently has a consensus rating of “Buy” and a consensus target price of $107.00.

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About Dell Technologies

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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