APG Asset Management N.V. Buys Shares of 61,292 Dell Inc. (DELL)

APG Asset Management N.V. purchased a new stake in Dell Inc. (NASDAQ:DELL) in the 4th quarter, according to its most recent filing with the SEC. The fund purchased 61,292 shares of the technology company’s stock, valued at approximately $2,620,000.

Other institutional investors and hedge funds have also modified their holdings of the company. Optimum Investment Advisors acquired a new position in Dell in the 4th quarter valued at $28,000. Tortoise Investment Management LLC acquired a new stake in shares of Dell during the 4th quarter worth $28,000. Lloyds Banking Group plc acquired a new stake in shares of Dell during the 4th quarter worth $31,000. CENTRAL TRUST Co acquired a new stake in shares of Dell during the 4th quarter worth $43,000. Finally, Proficio Capital Partners LLC acquired a new stake in shares of Dell during the 4th quarter worth $43,000. Institutional investors own 22.92% of the company’s stock.

A number of analysts have recently commented on DELL shares. Cross Research started coverage on Dell in a report on Monday, January 7th. They set a “buy” rating and a $65.00 price objective for the company. Goldman Sachs Group started coverage on Dell in a report on Monday, January 7th. They set a “buy” rating and a $59.00 price objective for the company. Bank of America started coverage on Dell in a report on Friday, January 4th. They set a “buy” rating and a $63.00 price objective for the company. Citigroup started coverage on Dell in a report on Wednesday, January 23rd. They set a “buy” rating and a $55.00 price objective for the company. Finally, Morgan Stanley upped their price objective on Dell from $49.00 to $60.00 and gave the stock an “equal weight” rating in a report on Thursday, February 28th. Five research analysts have rated the stock with a hold rating and eight have issued a buy rating to the company. The stock currently has an average rating of “Buy” and an average target price of $60.91.

Shares of NASDAQ DELL opened at $63.51 on Friday. Dell Inc. has a 12-month low of $42.02 and a 12-month high of $64.58. The firm has a market capitalization of $45.63 billion, a P/E ratio of 10.29 and a beta of 0.47. The company has a debt-to-equity ratio of 2.81, a current ratio of 0.90 and a quick ratio of 0.82.

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Dell 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.

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Institutional Ownership by Quarter for Dell (NASDAQ:DELL)

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