Victory Capital Management Inc. raised its stake in shares of Computer Sciences Corp. (NYSE:CSC) by 7.1% during the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 1,147,731 shares of the company’s stock after buying an additional 75,831 shares during the period. Victory Capital Management Inc. owned about 0.82% of Computer Sciences Corp. worth $59,923,000 as of its most recent filing with the SEC.

Other institutional investors have also bought and sold shares of the company. Creative Planning raised its position in Computer Sciences Corp. by 31.6% in the third quarter. Creative Planning now owns 2,150 shares of the company’s stock valued at $112,000 after buying an additional 516 shares during the last quarter. Checchi Capital Advisers LLC raised its position in Computer Sciences Corp. by 4.0% in the second quarter. Checchi Capital Advisers LLC now owns 2,726 shares of the company’s stock valued at $135,000 after buying an additional 104 shares during the last quarter. Laurion Capital Management LP acquired a new position in Computer Sciences Corp. during the second quarter valued at $204,000. Jane Street Group LLC acquired a new position in Computer Sciences Corp. during the second quarter valued at $204,000. Finally, Zurcher Kantonalbank Zurich Cantonalbank raised its position in Computer Sciences Corp. by 8.1% in the second quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 4,108 shares of the company’s stock valued at $204,000 after buying an additional 307 shares during the last quarter. Institutional investors and hedge funds own 96.76% of the company’s stock.

Institutional Ownership by Quarter for Computer Sciences Corp. (NYSE:CSC)

Shares of Computer Sciences Corp. (NYSE:CSC) traded down 1.41% during midday trading on Monday, hitting $60.69. 832,366 shares of the company were exchanged. The stock’s 50-day moving average is $56.57 and its 200-day moving average is $49.76. The stock’s market cap is $8.55 billion. Computer Sciences Corp. has a one year low of $24.27 and a one year high of $63.34.

Computer Sciences Corp. (NYSE:CSC) last announced its quarterly earnings results on Thursday, November 3rd. The company reported $0.61 EPS for the quarter, topping the Thomson Reuters’ consensus estimate of $0.47 by $0.14. Computer Sciences Corp. had a negative net margin of 1.21% and a positive return on equity of 16.62%. The company had revenue of $1.87 billion for the quarter, compared to analyst estimates of $1.87 billion. During the same quarter in the prior year, the business posted $1.19 EPS. Computer Sciences Corp.’s quarterly revenue was up 7.2% on a year-over-year basis. Equities research analysts anticipate that Computer Sciences Corp. will post $2.78 EPS for the current year.

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CSC has been the topic of several analyst reports. Cantor Fitzgerald set a $53.00 price target on shares of Computer Sciences Corp. and gave the stock a “hold” rating in a research note on Sunday, November 6th. JPMorgan Chase & Co. reaffirmed a “hold” rating and set a $61.00 price target on shares of Computer Sciences Corp. in a research note on Friday, November 4th. BMO Capital Markets reaffirmed a “buy” rating on shares of Computer Sciences Corp. in a research note on Friday, November 4th. Citigroup Inc. lifted their price target on shares of Computer Sciences Corp. from $44.00 to $49.00 and gave the stock a “neutral” rating in a research note on Thursday, August 4th. Finally, Jefferies Group reaffirmed a “buy” rating and set a $63.00 price target on shares of Computer Sciences Corp. in a research note on Tuesday, August 9th. Eleven research analysts have rated the stock with a hold rating and four have given a buy rating to the stock. The stock currently has an average rating of “Hold” and an average target price of $48.93.

In related news, CFO Paul N. Saleh sold 10,000 shares of the company’s stock in a transaction on Monday, October 3rd. The shares were sold at an average price of $51.93, for a total transaction of $519,300.00. Following the completion of the sale, the chief financial officer now directly owns 96,153 shares of the company’s stock, valued at approximately $4,993,225.29. The transaction was disclosed in a legal filing with the SEC, which is available through this link. Also, CFO Paul N. Saleh sold 65,000 shares of the company’s stock in a transaction on Monday, September 19th. The stock was sold at an average price of $50.00, for a total transaction of $3,250,000.00. Following the sale, the chief financial officer now directly owns 151,153 shares of the company’s stock, valued at $7,557,650. The disclosure for this sale can be found here. Insiders own 1.53% of the company’s stock.

Computer Sciences Corp. Company Profile

Computer Sciences Corporation (CSC) is a global provider of information technology (IT) and professional services and solutions. The Company operates through two segments: Global Business Services (GBS) and Global Infrastructure Services (GIS). The GBS segment provides various technology solutions, including consulting, applications services and software.

5 Day Chart for NYSE:CSC

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