Canada Pension Plan Investment Board boosted its stake in shares of DXC Technology Company. (NYSE:DXC) by 76.9% during the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 356,600 shares of the company’s stock after buying an additional 155,036 shares during the quarter. Canada Pension Plan Investment Board owned approximately 0.13% of DXC Technology Company. worth $30,625,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Prudential Financial Inc. acquired a new position in shares of DXC Technology Company. in the 2nd quarter valued at about $30,415,000. Burney Co. acquired a new position in shares of DXC Technology Company. in the 2nd quarter valued at about $1,029,000. Creative Planning acquired a new position in shares of DXC Technology Company. in the 2nd quarter valued at about $850,000. Investec Asset Management PTY Ltd acquired a new position in shares of DXC Technology Company. in the 2nd quarter valued at about $434,000. Finally, State of Tennessee Treasury Department acquired a new position in shares of DXC Technology Company. in the 2nd quarter valued at about $11,312,000. 85.82% of the stock is currently owned by hedge funds and other institutional investors.

TRADEMARK VIOLATION NOTICE: This piece was first posted by Watch List News and is owned by of Watch List News. If you are reading this piece on another publication, it was illegally copied and reposted in violation of U.S. & international trademark & copyright law. The legal version of this piece can be viewed at https://www.watchlistnews.com/canada-pension-plan-investment-board-buys-155036-shares-of-dxc-technology-company-dxc/1682903.html.

In related news, EVP Michael G. Nefkens sold 35,340 shares of the stock in a transaction on Thursday, October 12th. The stock was sold at an average price of $92.00, for a total value of $3,251,280.00. The sale was disclosed in a filing with the SEC, which is available at the SEC website. Also, CFO Paul N. Saleh sold 80,922 shares of the stock in a transaction on 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 sale, the chief financial officer now owns 217,211 shares in the company, valued at approximately $18,247,896.11. The disclosure for this sale can be found here. Insiders sold 156,722 shares of company stock worth $13,389,106 in the last quarter. 1.30% of the stock is currently owned by company insiders.

A number of brokerages recently commented on DXC. TheStreet raised DXC Technology Company. from a “c” rating to a “b” rating in a research report on Tuesday, August 8th. Stifel Nicolaus reaffirmed a “hold” rating and issued a $86.00 target price on shares of DXC Technology Company. in a research report on Thursday, August 10th. Cowen and Company reaffirmed a “hold” rating and issued a $77.00 target price on shares of DXC Technology Company. in a research 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 research report on Friday, July 21st. Finally, Cantor Fitzgerald reaffirmed a “hold” rating and issued a $79.00 target price on shares of DXC Technology Company. in a research report on Friday, August 11th. Three equities research analysts have rated the stock with a hold rating, twelve have given a buy rating and one has issued a strong buy rating to the stock. DXC Technology Company. has a consensus rating of “Buy” and a consensus target price of $96.38.

Shares of DXC Technology Company. (DXC) opened at $91.45 on Monday. The stock has a market capitalization of $26,034.86, a price-to-earnings ratio of 21.98, a price-to-earnings-growth ratio of 1.67 and a beta of 1.01. DXC Technology Company. has a 12-month low of $64.06 and a 12-month high of $93.40. The company has a current ratio of 1.18, a quick ratio of 1.18 and a debt-to-equity ratio of 0.51.

DXC Technology Company. (NYSE:DXC) last posted its earnings results on Tuesday, August 8th. The company reported $1.59 earnings per share (EPS) for the quarter, topping the 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 firm had revenue of $5.91 billion for the quarter, compared to the consensus estimate of $5.95 billion. sell-side analysts forecast that DXC Technology Company. will post 6.84 EPS for the current year.

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

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.

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

Receive News & Ratings for DXC Technology Company. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for DXC Technology Company. and related companies with Analyst Ratings Network's FREE daily email newsletter.