Shares of DXC Technology Company. (NYSE:DXC) have been given an average rating of “Buy” by the fifteen ratings firms that are presently covering the firm, Marketbeat reports. Four research analysts have rated the stock with a hold rating, nine have given a buy rating and one has assigned a strong buy rating to the company. The average 1-year target price among brokerages that have covered the stock in the last year is $88.42.

Several analysts have commented on DXC shares. Cantor Fitzgerald reiterated a “hold” rating and set a $79.00 target price on shares of DXC Technology Company. in a research report on Friday, August 11th. Jefferies Group LLC upped their target price on shares of DXC Technology Company. from $85.00 to $100.00 and gave the company a “buy” rating in a research report on Thursday. Zacks Investment Research cut shares of DXC Technology Company. from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, June 6th. Royal Bank Of Canada reissued a “buy” rating and issued a $87.00 price target on shares of DXC Technology Company. in a report on Monday, May 15th. Finally, KeyCorp raised shares of DXC Technology Company. from a “sector weight” rating to an “overweight” rating and set a $93.00 price target for the company in a report on Friday, July 21st.

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In related news, EVP Michael G. Nefkens sold 128,328 shares of the company’s stock in a transaction on Monday, July 24th. The shares were sold at an average price of $80.03, for a total value of $10,270,089.84. Following the completion of the transaction, the executive vice president now directly owns 25,447 shares of the company’s stock, valued at approximately $2,036,523.41. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. Also, Director Margaret C. Whitman sold 8,600 shares of the company’s stock in a transaction on Monday, June 5th. The stock was sold at an average price of $77.18, for a total transaction of $663,748.00. Following the completion of the transaction, the director now directly owns 111,229 shares of the company’s stock, valued at $8,584,654.22. The disclosure for this sale can be found here. Insiders sold a total of 373,318 shares of company stock valued at $30,133,277 in the last three months. 1.30% of the stock is owned by company insiders.

A number of institutional investors have recently made changes to their positions in the company. Westside Investment Management Inc. raised its position in shares of DXC Technology Company. by 3.4% in the second quarter. Westside Investment Management Inc. now owns 1,512 shares of the company’s stock worth $118,000 after buying an additional 50 shares during the last quarter. Cribstone Capital Management LLC raised its position in shares of DXC Technology Company. by 4.7% in the second quarter. Cribstone Capital Management LLC now owns 1,408 shares of the company’s stock worth $108,000 after buying an additional 63 shares during the last quarter. Seven Eight Capital LP raised its position in shares of DXC Technology Company. by 3.7% in the second quarter. Seven Eight Capital LP now owns 6,195 shares of the company’s stock worth $475,000 after buying an additional 219 shares during the last quarter. Fox Run Management L.L.C. raised its position in shares of DXC Technology Company. by 15.5% in the second quarter. Fox Run Management L.L.C. now owns 4,000 shares of the company’s stock worth $307,000 after buying an additional 537 shares during the last quarter. Finally, Private Advisor Group LLC raised its position in shares of DXC Technology Company. by 31.8% in the second quarter. Private Advisor Group LLC now owns 5,418 shares of the company’s stock worth $421,000 after buying an additional 1,308 shares during the last quarter. 85.04% of the stock is owned by hedge funds and other institutional investors.

DXC Technology Company. (NYSE:DXC) traded down 0.40% during mid-day trading on Wednesday, reaching $84.54. The company’s stock had a trading volume of 154,430 shares. DXC Technology Company. has a 52 week low of $64.06 and a 52 week high of $86.08. The firm’s 50 day moving average price is $80.59 and its 200 day moving average price is $75.68. The firm has a market capitalization of $24.07 billion, a P/E ratio of 266.69 and a beta of 1.11.

DXC Technology Company. (NYSE:DXC) last issued its earnings results on Tuesday, August 8th. The company reported $1.59 EPS for the quarter, beating the consensus estimate of $1.25 by $0.34. The company had revenue of $5.91 billion during the quarter, compared to analysts’ expectations of $5.95 billion. DXC Technology Company. had a net margin of 0.49% and a return on equity of 17.51%. On average, analysts anticipate that DXC Technology Company. will post $6.80 EPS for the current fiscal year.

The company also recently declared a quarterly dividend, which will be paid on Wednesday, October 11th. Stockholders of record on Wednesday, September 6th will be issued a $0.18 dividend. This represents a $0.72 annualized dividend and a dividend yield of 0.85%. The ex-dividend date of this dividend is Friday, September 1st. DXC Technology Company.’s dividend payout ratio (DPR) is -315.79%.

DXC Technology Company. Company Profile

DXC Technology Company, together with its subsidiaries, provides information technology services and solutions primarily in North America, Europe, Asia, and Australia. It operates through two segments, Global Business Services (GBS) and Global Infrastructure Services (GIS). The GBS segment offers technology solutions comprising consulting, applications services, and software.

Analyst Recommendations for DXC Technology Company. (NYSE:DXC)

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