New Mexico Educational Retirement Board bought a new stake in DXC Technology Company. (NYSE:DXC) during the second quarter, according to its most recent disclosure with the SEC. The firm bought 26,296 shares of the company’s stock, valued at approximately $2,061,000.

A number of other hedge funds and other institutional investors have also modified their holdings of DXC. Cribstone Capital Management LLC acquired a new position in shares of DXC Technology Company. during the first quarter valued at approximately $102,000. Westside Investment Management Inc. acquired a new position in shares of DXC Technology Company. during the first quarter valued at approximately $105,000. Oakworth Capital Inc. acquired a new position in shares of DXC Technology Company. during the second quarter valued at approximately $137,000. Whittier Trust Co. of Nevada Inc. acquired a new position in shares of DXC Technology Company. during the second quarter valued at approximately $143,000. Finally, Bartlett & Co. LLC acquired a new position in shares of DXC Technology Company. during the first quarter valued at approximately $145,000. 51.07% of the stock is owned by hedge funds and other institutional investors.

DXC Technology Company. (NYSE:DXC) opened at 81.27 on Friday. The firm has a market cap of $23.07 billion, a P/E ratio of 256.37 and a beta of 1.11. The stock has a 50 day moving average price of $78.49 and a 200 day moving average price of $74.00. DXC Technology Company. has a 1-year low of $45.37 and a 1-year high of $84.50.

DXC Technology Company. (NYSE:DXC) last issued 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. The firm had revenue of $5.91 billion during the quarter, compared to the consensus estimate 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 $6.86 EPS for the current year.

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Several research analysts have commented on the company. TheStreet raised DXC Technology Company. from a “c” rating to a “b” rating in a research note on Tuesday. Cowen and Company reissued a “hold” rating and set a $77.00 target price on shares of DXC Technology Company. in a research note on Thursday. BMO Capital Markets reissued an “outperform” rating and set a $94.00 target price (up previously from $92.00) on shares of DXC Technology Company. in a research note on Wednesday. Stifel Nicolaus reissued a “hold” rating and set a $86.00 target price on shares of DXC Technology Company. in a research note on Thursday. Finally, Zacks Investment Research raised DXC Technology Company. from a “sell” rating to a “hold” rating in a research note on Thursday. Four investment analysts have rated the stock with a hold rating, eight have issued a buy rating and one has given a strong buy rating to the company. The company has an average rating of “Buy” and an average price target of $87.00.

In related news, EVP Stephen Hilton sold 5,052 shares of the business’s stock in a transaction that occurred 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 owns 2,574 shares in the company, valued at approximately $192,586.68. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, EVP Michael G. Nefkens sold 50,132 shares of the business’s stock in a transaction that occurred on Friday, July 21st. The stock was sold at an average price of $80.04, for a total value of $4,012,565.28. Following the completion of the sale, the executive vice president now owns 9,961 shares of the company’s stock, valued at approximately $797,278.44. The disclosure for this sale can be found here. Insiders sold a total of 251,936 shares of company stock valued at $19,995,452 in the last 90 days. 1.30% of the stock is currently owned by corporate insiders.

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

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