Sather Financial Group Inc purchased a new stake in shares of DXC Technology Company. (NYSE:DXC) in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 5,547 shares of the company’s stock, valued at approximately $426,000.

Several other institutional investors and hedge funds have also recently made changes to their positions in the stock. Vanguard Group Inc. increased its position in shares of DXC Technology Company. by 30,928.2% during the second quarter. Vanguard Group Inc. now owns 20,771,226 shares of the company’s stock valued at $1,593,568,000 after acquiring an additional 20,704,283 shares in the last quarter. BlackRock Inc. bought a new stake in shares of DXC Technology Company. during the second quarter valued at approximately $1,368,006,000. Dodge & Cox bought a new stake in shares of DXC Technology Company. during the second quarter valued at approximately $1,032,608,000. Boston Partners bought a new stake in shares of DXC Technology Company. during the second quarter valued at approximately $932,573,000. Finally, State Street Corp bought a new stake in shares of DXC Technology Company. during the second quarter valued at approximately $898,855,000. 85.04% of the stock is owned by institutional investors.

In other DXC Technology Company. news, CFO Paul N. Saleh sold 59,824 shares of the company’s stock in a transaction that occurred on Monday, July 17th. The shares were sold at an average price of $78.08, for a total transaction of $4,671,057.92. Following the transaction, the chief financial officer now owns 196,113 shares in the company, valued at approximately $15,312,503.04. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, CFO Paul N. Saleh sold 80,922 shares of the company’s stock in a transaction that occurred on Tuesday, August 15th. The shares were sold at an average price of $84.01, for a total transaction of $6,798,257.22. Following the transaction, 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 have sold a total of 359,666 shares of company stock worth $29,091,539 in the last 90 days. 1.30% of the stock is currently owned by company insiders.

Several equities research analysts recently weighed in on DXC shares. Morgan Stanley raised shares of DXC Technology Company. from an “equal weight” rating to an “overweight” rating and raised their price target for the company from $68.00 to $85.00 in a research report on Tuesday, July 4th. Jefferies Group LLC raised their price target on shares of DXC Technology Company. from $85.00 to $100.00 and gave the company a “buy” rating in a research report on Thursday, August 24th. Zacks Investment Research downgraded shares of DXC Technology Company. from a “hold” rating to a “sell” rating in a research report on Thursday, July 27th. BMO Capital Markets reissued an “outperform” rating and set a $94.00 price target (up previously from $92.00) on shares of DXC Technology Company. in a research report on Wednesday, August 9th. Finally, Royal Bank Of Canada reissued a “buy” rating and set a $87.00 price target on shares of DXC Technology Company. in a research report on Friday, July 7th. Four investment analysts have rated the stock with a hold rating, ten have given a buy rating and one has given a strong buy rating to the company. The stock has an average rating of “Buy” and an average price target of $89.77.

ILLEGAL ACTIVITY WARNING: “Sather Financial Group Inc Purchases New Stake in DXC Technology Company. (DXC)” was published by Watch List News and is owned by of Watch List News. If you are accessing this piece of content on another domain, it was stolen and reposted in violation of international copyright & trademark laws. The correct version of this piece of content can be accessed at https://www.watchlistnews.com/sather-financial-group-inc-purchases-new-stake-in-dxc-technology-company-dxc/1615794.html.

Shares of DXC Technology Company. (DXC) traded up 1.94% during midday trading on Friday, reaching $87.44. 2,213,752 shares of the company traded hands. The company has a market capitalization of $24.89 billion, a PE ratio of 275.84 and a beta of 1.04. DXC Technology Company. has a 1-year low of $50.41 and a 1-year high of $87.44. The company has a 50 day moving average price of $84.94 and a 200 day moving average price of $78.89.

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. DXC Technology Company. had a net margin of 0.49% and a return on equity of 17.51%. The business had revenue of $5.91 billion for the quarter, compared to analyst estimates of $5.95 billion. On average, analysts expect that DXC Technology Company. will post $6.82 earnings per share for the current year.

The business also recently declared a quarterly dividend, which will be paid on Wednesday, October 11th. Shareholders of record on Wednesday, September 6th will be paid a dividend of $0.18 per share. The ex-dividend date is Friday, September 1st. This represents a $0.72 dividend on an annualized basis and a yield of 0.82%. DXC Technology Company.’s payout ratio is -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.

Want to see what other hedge funds are holding DXC? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for DXC Technology Company. (NYSE:DXC).

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.