Dowling & Yahnke LLC bought a new stake in shares of DXC Technology Company. (NYSE:DXC) during the second quarter, according to its most recent disclosure with the SEC. The firm bought 5,498 shares of the company’s stock, valued at approximately $422,000.

Other institutional investors have also added to or reduced their stakes in the company. Fox Run Management L.L.C. acquired a new position in DXC Technology Company. during the first quarter valued at approximately $240,000. Cribstone Capital Management LLC acquired a new position in DXC Technology Company. during the first quarter valued at approximately $102,000. Barometer Capital Management Inc. acquired a new position in DXC Technology Company. during the first quarter valued at approximately $4,685,000. Boyd Watterson Asset Management LLC OH acquired a new position in DXC Technology Company. during the first quarter valued at approximately $226,000. Finally, Bartlett & Co. LLC acquired a new position in DXC Technology Company. during the first quarter valued at approximately $145,000. Hedge funds and other institutional investors own 53.95% of the company’s stock.

Shares of DXC Technology Company. (DXC) opened at 85.35 on Wednesday. The firm has a market capitalization of $24.22 billion, a price-to-earnings ratio of 269.24 and a beta of 1.11. DXC Technology Company. has a 52 week low of $64.06 and a 52 week high of $85.69. The firm’s 50-day moving average price is $78.99 and its 200 day moving average price is $74.70.

DXC Technology Company. (NYSE:DXC) last issued its earnings results on Tuesday, August 8th. The company reported $1.59 EPS for the quarter, topping the Thomson Reuters’ consensus estimate of $1.25 by $0.34. The business had revenue of $5.91 billion during the quarter, compared to analysts’ expectations of $5.95 billion. DXC Technology Company. had a return on equity of 14.82% and a net margin of 0.49%. On average, analysts anticipate that DXC Technology Company. will post $6.80 EPS for the current year.

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, October 11th. Stockholders of record on Wednesday, September 6th will be given a $0.18 dividend. The ex-dividend date is Friday, September 1st. This represents a $0.72 annualized dividend and a dividend yield of 0.84%. DXC Technology Company.’s dividend payout ratio (DPR) is presently -315.79%.

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DXC has been the subject of several analyst reports. J P Morgan Chase & Co initiated coverage on DXC Technology Company. in a research note on Wednesday, April 19th. They issued an “overweight” rating and a $90.00 target price for the company. Royal Bank Of Canada reiterated a “buy” rating and issued a $87.00 target price on shares of DXC Technology Company. in a research note on Friday, May 5th. Goldman Sachs Group, Inc. (The) upgraded DXC Technology Company. from a “buy” rating to a “conviction-buy” rating and upped their target price for the company from $85.00 to $90.00 in a research note on Tuesday, May 9th. Barclays PLC initiated coverage on DXC Technology Company. in a research note on Thursday, May 25th. They issued an “overweight” rating and a $90.00 target price for the company. Finally, Piper Jaffray Companies reiterated an “overweight” rating and issued a $90.00 target price on shares of DXC Technology Company. in a research note on Thursday, May 25th. Four investment analysts have rated the stock with a hold rating, eight have issued a buy rating and one has issued a strong buy rating to the company. DXC Technology Company. currently has a consensus rating of “Buy” and an average price target of $87.33.

In other news, Director Margaret C. Whitman sold 8,600 shares of the firm’s stock in a transaction 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 completion of the sale, the director now owns 111,229 shares of the company’s stock, valued at $8,584,654.22. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Also, EVP Stephen Hilton sold 5,052 shares of the firm’s stock in a transaction on Friday, June 16th. The stock was sold at an average price of $74.82, for a total value of $377,990.64. Following the completion of the sale, the executive vice president now directly owns 2,574 shares of the company’s stock, valued at approximately $192,586.68. The disclosure for this sale can be found here. In the last ninety days, insiders sold 292,396 shares of company stock valued at $23,335,020. 1.30% of the stock is currently owned by insiders.

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

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