Bank of Nova Scotia purchased a new position in DXC Technology Company. (NYSE:DXC) during the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund purchased 63,978 shares of the company’s stock, valued at approximately $4,908,000.

Several other hedge funds and other institutional investors have also recently modified their holdings of DXC. Vanguard Group Inc. lifted its position in shares of DXC Technology Company. by 30,928.2% in the 2nd quarter. Vanguard Group Inc. now owns 20,771,226 shares of the company’s stock worth $1,593,568,000 after purchasing an additional 20,704,283 shares during the period. BlackRock Inc. acquired a new position in shares of DXC Technology Company. in the 2nd quarter worth approximately $1,368,006,000. Dodge & Cox acquired a new position in shares of DXC Technology Company. in the 2nd quarter worth approximately $1,032,608,000. Boston Partners acquired a new position in shares of DXC Technology Company. in the 2nd quarter worth approximately $932,573,000. Finally, State Street Corp acquired a new position in shares of DXC Technology Company. in the 2nd quarter worth approximately $898,855,000. Hedge funds and other institutional investors own 85.05% of the company’s stock.

In other DXC Technology Company. news, CFO Paul N. Saleh sold 40,460 shares of the firm’s stock in a transaction on Wednesday, August 9th. The stock was sold at an average price of $82.54, for a total transaction of $3,339,568.40. Following the completion of the transaction, the chief financial officer now owns 136,384 shares of the company’s stock, valued at $11,257,135.36. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link. Also, EVP Michael G. Nefkens sold 128,328 shares of the firm’s stock in a transaction on Monday, July 24th. The shares were sold at an average price of $80.03, for a total value of $10,270,089.84. Following the transaction, the executive vice president now directly owns 25,447 shares of the company’s stock, valued at approximately $2,036,523.41. The disclosure for this sale can be found here. Insiders have sold 335,182 shares of company stock valued at $27,671,761 in the last three months. Insiders own 1.30% of the company’s stock.

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DXC Technology Company. (NYSE:DXC) opened at 91.49 on Tuesday. DXC Technology Company. has a 52-week low of $51.68 and a 52-week high of $93.40. The company’s 50 day moving average is $85.65 and its 200-day moving average is $79.82. The firm has a market cap of $26.05 billion, a P/E ratio of 288.61 and a beta of 1.04.

DXC Technology Company. (NYSE:DXC) last announced its quarterly earnings data on Tuesday, August 8th. The company reported $1.59 EPS for the quarter, beating the consensus estimate of $1.25 by $0.34. The business had revenue of $5.91 billion during the quarter, compared to analyst estimates 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 $6.82 EPS for the current fiscal year.

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

A number of research analysts have recently issued reports on DXC shares. TheStreet upgraded shares of DXC Technology Company. from a “c” rating to a “b” rating in a research report on Tuesday, August 8th. Royal Bank Of Canada restated a “buy” rating and issued a $87.00 price target on shares of DXC Technology Company. in a research report on Friday, July 7th. Bank of America Corporation started coverage on shares of DXC Technology Company. in a research report on Tuesday, September 12th. They issued a “buy” rating and a $101.00 price target on the stock. KeyCorp restated a “buy” rating and issued a $92.00 price target on shares of DXC Technology Company. in a research report on Friday, September 8th. Finally, Jefferies Group LLC boosted their price target on shares of DXC Technology Company. from $85.00 to $100.00 and gave the stock a “buy” rating in a research report on Thursday, August 24th. Four research analysts have rated the stock with a hold rating, eleven have issued a buy rating and one has given a strong buy rating to the company’s stock. The company currently has an average rating of “Buy” and an average price target of $95.00.

DXC Technology 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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