DXC Technology Company. (NYSE:DXC) had its price objective upped by BMO Capital Markets from $100.00 to $105.00 in a report issued on Thursday morning. They currently have an outperform rating on the stock.

A number of other brokerages also recently commented on DXC. Barclays PLC raised their target price on shares of DXC Technology Company. from $90.00 to $100.00 and gave the company an overweight rating in a research note on Thursday. KeyCorp reissued an overweight rating and issued a $99.00 target price (up previously from $92.00) on shares of DXC Technology Company. in a research note on Monday. Jefferies Group LLC raised 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 note on Thursday, August 24th. Cantor Fitzgerald reissued a hold rating and issued a $79.00 target price on shares of DXC Technology Company. in a research note on Friday, August 11th. Finally, Cowen and Company reissued a hold rating and issued a $85.00 target price on shares of DXC Technology Company. in a research note on Thursday. Four equities research analysts have rated the stock with a hold rating, ten have given a buy rating and one has given a strong buy rating to the company. DXC Technology Company. presently has a consensus rating of Buy and an average price target of $93.67.

DXC Technology Company. (NYSE DXC) traded down 0.18% during trading on Thursday, hitting $91.04. 2,027,150 shares of the company’s stock traded hands. The firm’s 50-day moving average price is $85.46 and its 200 day moving average price is $79.53. DXC Technology Company. has a 12-month low of $51.68 and a 12-month high of $93.40. The stock has a market cap of $25.92 billion, a P/E ratio of 287.19 and a beta of 1.04.

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 Zacks’ consensus estimate of $1.25 by $0.34. DXC Technology Company. had a net margin of 0.49% and a return on equity of 17.51%. The business had revenue of $5.91 billion for the quarter, compared to the consensus estimate of $5.95 billion. Analysts anticipate that DXC Technology Company. will post $6.90 earnings per share for the current fiscal year.

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The company also recently declared a quarterly dividend, which was paid on Wednesday, October 11th. Investors of record on Wednesday, September 6th were issued a dividend of $0.18 per share. This represents a $0.72 dividend on an annualized basis and a yield of 0.79%. The ex-dividend date was Friday, September 1st. DXC Technology Company.’s payout ratio is -378.95%.

In related news, CFO Paul N. Saleh sold 59,824 shares of the firm’s stock in a transaction on Monday, July 17th. The shares were sold at an average price of $78.08, for a total transaction of $4,671,057.92. Following the completion of the sale, the chief financial officer now directly owns 196,113 shares of the company’s stock, valued at approximately $15,312,503.04. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. Also, EVP Michael G. Nefkens sold 50,132 shares of the firm’s stock in a transaction on Friday, July 21st. The shares were sold at an average price of $80.04, for a total transaction of $4,012,565.28. Following the sale, the executive vice president now directly owns 9,961 shares of the company’s stock, valued at $797,278.44. The disclosure for this sale can be found here. Over the last ninety days, insiders have sold 395,006 shares of company stock valued at $32,342,819. Company insiders own 1.30% of the company’s stock.

Institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Prudential Financial Inc. acquired a new position in DXC Technology Company. during the 2nd quarter worth $30,415,000. Burney Co. acquired a new position in DXC Technology Company. during the 2nd quarter worth $1,029,000. Creative Planning acquired a new position in DXC Technology Company. during the 2nd quarter worth $850,000. Investec Asset Management PTY Ltd acquired a new position in DXC Technology Company. during the 2nd quarter worth $434,000. Finally, State of Tennessee Treasury Department acquired a new position in DXC Technology Company. during the 2nd quarter worth $11,312,000. 85.04% of the stock is owned by institutional investors and hedge funds.

About DXC Technology Company.

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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