Meiji Yasuda Asset Management Co Ltd. purchased a new stake in shares of DXC Technology Company. (NYSE:DXC) during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund purchased 3,665 shares of the company’s stock, valued at approximately $281,000.

A number of other hedge funds have also bought and sold shares of DXC. American Century Companies Inc. acquired a new stake in DXC Technology Company. during the second quarter valued at approximately $190,008,000. Genesee Valley Trust Co. acquired a new stake in DXC Technology Company. during the second quarter valued at approximately $399,000. Point View Wealth Management Inc. acquired a new stake in DXC Technology Company. during the second quarter valued at approximately $2,209,000. Aviva PLC acquired a new stake in DXC Technology Company. during the second quarter valued at approximately $13,618,000. Finally, Victory Capital Management Inc. acquired a new stake in DXC Technology Company. during the second quarter valued at approximately $158,678,000. Institutional investors own 85.04% of the company’s stock.

Shares of DXC Technology Company. (DXC) opened at 84.43 on Thursday. The stock has a market cap of $24.04 billion, a PE ratio of 266.34 and a beta of 1.11. The stock’s 50 day moving average price is $80.59 and its 200-day moving average price is $75.68. DXC Technology Company. has a one year low of $64.06 and a one year high of $86.08.

DXC Technology Company. (NYSE:DXC) last announced its quarterly earnings results on Tuesday, August 8th. The company reported $1.59 earnings per share for the quarter, topping analysts’ consensus estimates of $1.25 by $0.34. The firm had revenue of $5.91 billion for the quarter, compared to the consensus estimate of $5.95 billion. DXC Technology Company. had a return on equity of 17.51% and a net margin of 0.49%. On average, equities analysts predict that DXC Technology Company. will post $6.81 earnings per share for the current fiscal year.

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

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Several analysts have commented on the company. Jefferies Group LLC lifted their price target on DXC Technology Company. from $85.00 to $100.00 and gave the company a “buy” rating in a report on Thursday, August 24th. Cantor Fitzgerald restated a “hold” rating and issued a $79.00 price target on shares of DXC Technology Company. in a report on Friday, August 11th. Zacks Investment Research upgraded DXC Technology Company. from a “sell” rating to a “hold” rating in a report on Thursday, August 10th. Cowen and Company restated a “hold” rating and issued a $77.00 price target on shares of DXC Technology Company. in a report on Thursday, August 10th. Finally, TheStreet upgraded DXC Technology Company. from a “c” rating to a “b” rating in a report on Tuesday, August 8th. Four research analysts have rated the stock with a hold rating, nine have assigned a buy rating and one has assigned a strong buy rating to the stock. DXC Technology Company. currently has an average rating of “Buy” and an average price target of $88.31.

In other DXC Technology Company. news, EVP Stephen Hilton sold 5,052 shares of the business’s stock in a transaction that occurred on Friday, June 16th. The stock was sold at an average price of $74.82, for a total transaction of $377,990.64. Following the transaction, the executive vice president now owns 2,574 shares of the company’s stock, valued at $192,586.68. The sale was disclosed in a document filed with the SEC, which is available through this link. Also, Director Margaret C. Whitman sold 8,600 shares of the business’s stock in a transaction that occurred on Monday, June 5th. The stock was sold at an average price of $77.18, for a total value of $663,748.00. Following the transaction, the director now directly owns 111,229 shares in the company, valued at approximately $8,584,654.22. The disclosure for this sale can be found here. In the last three months, insiders have sold 373,318 shares of company stock worth $30,133,277. Company insiders own 1.30% of the company’s stock.

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.

Institutional Ownership by Quarter for DXC Technology Company. (NYSE:DXC)

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