Seven Eight Capital LP increased its stake in DXC Technology Company. (NYSE:DXC) by 3.7% during the second quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 6,195 shares of the company’s stock after purchasing an additional 219 shares during the quarter. Seven Eight Capital LP’s holdings in DXC Technology Company. were worth $475,000 at the end of the most recent quarter.

A number of other institutional investors also recently made changes to their positions in DXC. Private Advisor Group LLC bought a new position in DXC Technology Company. in the 1st quarter worth $295,000. Neuberger Berman Group LLC bought a new position in DXC Technology Company. in the 1st quarter worth $233,000. Suffolk Capital Management LLC bought a new position in DXC Technology Company. in the 1st quarter worth $14,643,000. Credit Agricole S A bought a new position in DXC Technology Company. in the 1st quarter worth $4,617,000. Finally, Westside Investment Management Inc. bought a new position in DXC Technology Company. in the 1st quarter worth $105,000. 85.04% of the stock is currently owned by institutional investors.

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A number of equities analysts recently commented on DXC shares. Cantor Fitzgerald reaffirmed a “hold” rating and issued a $79.00 target price on shares of DXC Technology Company. in a report on Friday, August 11th. Jefferies Group LLC raised their target price on DXC Technology Company. from $85.00 to $100.00 and gave the stock a “buy” rating in a report on Thursday, August 24th. Zacks Investment Research cut DXC Technology Company. from a “strong-buy” rating to a “hold” rating in a report on Tuesday, June 6th. KeyCorp reaffirmed a “buy” rating and issued a $92.00 target price on shares of DXC Technology Company. in a report on Friday, September 8th. Finally, Piper Jaffray Companies reaffirmed an “overweight” rating and issued a $90.00 target price on shares of DXC Technology Company. in a report on Thursday, May 25th. Four research analysts have rated the stock with a hold rating, ten have assigned a buy rating and one has assigned a strong buy rating to the company. The company has an average rating of “Buy” and an average price target of $89.57.

In related news, CFO Paul N. Saleh sold 80,922 shares of DXC Technology Company. stock in a transaction dated Tuesday, August 15th. The stock was sold at an average price of $84.01, for a total value of $6,798,257.22. Following the completion of the transaction, the chief financial officer now directly owns 217,211 shares of the company’s stock, valued at $18,247,896.11. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, CFO Paul N. Saleh sold 59,824 shares of DXC Technology Company. stock in a transaction dated Monday, July 17th. The shares were sold at an average price of $78.08, for a total value of $4,671,057.92. Following the completion of the transaction, the chief financial officer now directly owns 196,113 shares of the company’s stock, valued at $15,312,503.04. The disclosure for this sale can be found here. Insiders sold 359,666 shares of company stock valued at $29,091,539 over the last ninety days. 1.30% of the stock is currently owned by company insiders.

Shares of DXC Technology Company. (DXC) opened at 85.07 on Monday. The firm’s 50-day moving average price is $83.08 and its 200-day moving average price is $77.13. DXC Technology Company. has a 12-month low of $64.06 and a 12-month high of $86.29. The company has a market capitalization of $24.22 billion, a PE ratio of 268.36 and a beta of 1.03.

DXC Technology Company. (NYSE:DXC) last released its quarterly earnings results on Tuesday, August 8th. The company reported $1.59 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of $1.25 by $0.34. DXC Technology Company. had a return on equity of 17.51% and a net margin of 0.49%. The business had revenue of $5.91 billion during the quarter, compared to analysts’ expectations of $5.95 billion. On average, analysts expect that DXC Technology Company. will post $6.82 EPS for the current fiscal year.

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, October 11th. Investors of record on Wednesday, September 6th will be issued a $0.18 dividend. The ex-dividend date is Friday, September 1st. This represents a $0.72 dividend on an annualized basis and a dividend yield of 0.85%. DXC Technology Company.’s dividend payout ratio is -378.95%.

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.

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

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