RMB Capital Management LLC Invests $1.27 Million in Dell Inc. (DELL)

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RMB Capital Management LLC acquired a new stake in Dell Inc. (NASDAQ:DELL) in the fourth quarter, according to the company in its most recent disclosure with the SEC. The institutional investor acquired 25,948 shares of the technology company’s stock, valued at approximately $1,268,000.

Other institutional investors have also made changes to their positions in the company. American International Group Inc. purchased a new stake in Dell during the 4th quarter valued at $200,000. Geode Capital Management LLC purchased a new stake in Dell during the 4th quarter valued at $88,862,000. Kinneret Advisory LLC purchased a new stake in Dell during the 4th quarter valued at $446,000. California State Teachers Retirement System purchased a new stake in Dell during the 4th quarter valued at $12,231,000. Finally, Brown Advisory Inc. purchased a new stake in Dell during the 4th quarter valued at $374,000. 22.92% of the stock is owned by institutional investors.

NASDAQ:DELL opened at $60.23 on Monday. Dell Inc. has a 12 month low of $42.02 and a 12 month high of $60.27. The company has a debt-to-equity ratio of 2.81, a current ratio of 0.90 and a quick ratio of 0.82. The stock has a market capitalization of $42.01 billion, a PE ratio of 9.76 and a beta of 0.47.

Several equities research analysts have weighed in on the stock. Royal Bank of Canada assumed coverage on shares of Dell in a research report on Monday, January 28th. They set an “outperform” rating and a $56.00 price target for the company. Bank of America assumed coverage on shares of Dell in a research report on Friday, January 4th. They set a “buy” rating and a $63.00 price target for the company. UBS Group assumed coverage on shares of Dell in a research report on Tuesday, January 15th. They set a “neutral” rating for the company. JPMorgan Chase & Co. increased their price target on shares of Dell from $60.00 to $65.00 and gave the company an “overweight” rating in a research report on Monday, February 4th. Finally, BMO Capital Markets assumed coverage on shares of Dell in a research report on Thursday, January 10th. They set a “market perform” rating for the company. Four research analysts have rated the stock with a hold rating and eight have issued a buy rating to the stock. Dell has an average rating of “Buy” and an average price target of $60.50.

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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.

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Institutional Ownership by Quarter for Dell (NASDAQ:DELL)

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