Pitcairn Co. bought a new position 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 (SEC). The firm bought 2,907 shares of the company’s stock, valued at approximately $223,000.

Other institutional investors have also recently made changes to their positions in the company. Cribstone Capital Management LLC boosted 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. Fox Run Management L.L.C. boosted 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. Westside Investment Management Inc. purchased a new position in shares of DXC Technology Company. during the first quarter worth approximately $105,000. Oakworth Capital Inc. purchased a new position in shares of DXC Technology Company. during the second quarter worth approximately $137,000. Finally, Whittier Trust Co. of Nevada Inc. purchased a new position in shares of DXC Technology Company. during the second quarter worth approximately $143,000. 53.95% of the stock is owned by institutional investors and hedge funds.

DXC Technology Company. (DXC) opened at 83.58 on Friday. The firm has a market cap of $23.72 billion, a PE ratio of 263.66 and a beta of 1.11. The firm’s 50 day moving average price is $79.37 and its 200-day moving average price is $74.84. DXC Technology Company. has a one year low of $45.55 and a one year high of $86.08.

DXC Technology Company. (NYSE:DXC) last posted 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 net margin of 0.49% and a return on equity of 14.82%. The company had revenue of $5.91 billion during the quarter, compared to the consensus estimate of $5.95 billion. Equities analysts predict that DXC Technology Company. will post $6.80 EPS for the current fiscal year.

The business also recently declared a quarterly dividend, which will be paid on Wednesday, October 11th. Stockholders of record on Wednesday, September 6th will be given a dividend of $0.18 per share. The ex-dividend date of this dividend is Friday, September 1st. This represents a $0.72 dividend on an annualized basis and a dividend yield of 0.86%. DXC Technology Company.’s payout ratio is -315.79%.

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A number of brokerages have commented on DXC. Stifel Nicolaus reissued a “hold” rating and set a $86.00 target price on shares of DXC Technology Company. in a report on Thursday, August 10th. KeyCorp raised DXC Technology Company. from a “sector weight” rating to an “overweight” rating and set a $93.00 target price for the company in a report on Friday, July 21st. Royal Bank Of Canada reissued a “buy” rating and set a $87.00 target price on shares of DXC Technology Company. in a report on Tuesday, June 6th. TheStreet raised DXC Technology Company. from a “c” rating to a “b” rating in a report on Tuesday, August 8th. Finally, Cowen and Company reissued a “hold” rating and set a $77.00 target price on shares of DXC Technology Company. in a report on Thursday, August 10th. Four research analysts have rated the stock with a hold rating, eight have assigned a buy rating and one has issued a strong buy rating to the company. The stock currently has a consensus rating of “Buy” and a consensus price target of $87.33.

In related news, EVP Stephen Hilton sold 5,052 shares of DXC Technology Company. 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 completion of the transaction, the executive vice president now directly owns 2,574 shares in the company, valued at approximately $192,586.68. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, CFO Paul N. Saleh sold 59,824 shares of DXC Technology Company. stock in a transaction that occurred on Monday, July 17th. The stock was sold at an average price of $78.08, for a total value of $4,671,057.92. Following the transaction, the chief financial officer now owns 196,113 shares of the company’s stock, valued at $15,312,503.04. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 373,318 shares of company stock valued at $30,133,277. Insiders own 1.30% of the company’s stock.

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.

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

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