Bp Plc Has $1,702,000 Position in Dell Technologies Inc (DVMT)
Bp Plc maintained its stake in shares of Dell Technologies Inc (NASDAQ:DVMT) during the second quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 27,865 shares of the company’s stock at the end of the second quarter. Bp Plc’s holdings in Dell Technologies were worth $1,702,000 as of its most recent filing with the SEC.
Other large investors also recently made changes to their positions in the company. Pictet Asset Management Ltd. increased its stake in shares of Dell Technologies by 6.7% in the second quarter. Pictet Asset Management Ltd. now owns 82,483 shares of the company’s stock worth $5,724,000 after buying an additional 5,200 shares during the period. Sei Investments Co. increased its stake in shares of Dell Technologies by 76.2% in the second quarter. Sei Investments Co. now owns 209,192 shares of the company’s stock worth $12,784,000 after buying an additional 90,488 shares during the period. Tokio Marine Asset Management Co. Ltd. increased its stake in shares of Dell Technologies by 687.7% in the second quarter. Tokio Marine Asset Management Co. Ltd. now owns 31,800 shares of the company’s stock worth $1,943,000 after buying an additional 27,763 shares during the period. CIBC Asset Management Inc bought a new stake in shares of Dell Technologies during the second quarter worth approximately $567,000. Finally, Pillar Pacific Capital Management LLC increased its stake in shares of Dell Technologies by 1.2% in the second quarter. Pillar Pacific Capital Management LLC now owns 72,542 shares of the company’s stock worth $4,433,000 after buying an additional 835 shares during the period.
Shares of Dell Technologies Inc (DVMT) opened at 63.04 on Friday. The stock’s 50 day moving average price is $62.86 and its 200-day moving average price is $64.23. The firm’s market cap is $48.67 billion. Dell Technologies Inc has a 12 month low of $42.02 and a 12 month high of $69.72.
Dell Technologies (NASDAQ:DVMT) last announced its quarterly earnings data on Thursday, June 8th. The company reported $1.12 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.93 by $0.19. Dell Technologies had a negative net margin of 7.76% and a negative return on equity of 43.19%. The firm had revenue of $17.82 billion for the quarter. Equities research analysts anticipate that Dell Technologies Inc will post $4.72 earnings per share for the current fiscal year.
In other Dell Technologies news, CEO Michael S. Dell acquired 33,567 shares of Dell Technologies stock in a transaction on Wednesday, July 26th. The shares were purchased at an average cost of $31.29 per share, with a total value of $1,050,311.43. Following the completion of the purchase, the chief executive officer now owns 404,973 shares in the company, valued at $12,671,605.17. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, CEO Michael S. Dell acquired 44,672 shares of Dell Technologies stock in a transaction on Friday, June 9th. The stock was acquired at an average cost of $25.60 per share, for a total transaction of $1,143,603.20. Following the completion of the purchase, the chief executive officer now owns 335,043 shares of the company’s stock, valued at approximately $8,577,100.80. The disclosure for this purchase can be found here.
About Dell Technologies
Dell Technologies Inc, formerly Denali Holding Inc, is a provider of information technology solutions. The Company operates through two segments: Client Solutions and Enterprise Solutions Group (ESG). The Client Solutions segment includes sales to commercial and consumer customers of desktops, thin client products and notebooks, as well as services and third-party software and peripherals closely tied to the sale of Client Solutions hardware.
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