State of New Jersey Common Pension Fund D bought a new position in shares of DXC Technology Company. (NYSE:DXC) during the second quarter, Holdings Channel reports. The institutional investor bought 85,142 shares of the company’s stock, valued at approximately $6,532,000.

A number of other institutional investors also recently modified their holdings of the stock. Fox Run Management L.L.C. bought a new position in shares of DXC Technology Company. during the first quarter worth approximately $240,000. Cribstone Capital Management LLC acquired a new stake in DXC Technology Company. during the first quarter worth $102,000. Barometer Capital Management Inc. acquired a new stake in DXC Technology Company. during the first quarter worth $4,685,000. Boyd Watterson Asset Management LLC OH acquired a new stake in DXC Technology Company. during the first quarter worth $226,000. Finally, Bartlett & Co. LLC acquired a new stake in DXC Technology Company. during the first quarter worth $145,000. Institutional investors own 51.07% of the company’s stock.

Shares of DXC Technology Company. (DXC) opened at 82.05 on Friday. The company’s 50-day moving average price is $78.64 and its 200 day moving average price is $74.17. DXC Technology Company. has a one year low of $45.37 and a one year high of $84.50. The company has a market cap of $23.29 billion, a PE ratio of 258.83 and a beta of 1.11.

DXC Technology Company. (NYSE:DXC) last issued its quarterly earnings data on Tuesday, August 8th. The company reported $1.59 earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of $1.25 by $0.34. The firm had revenue of $5.91 billion for the quarter, compared to analysts’ expectations of $5.95 billion. DXC Technology Company. had a net margin of 0.49% and a return on equity of 14.82%. Equities analysts forecast that DXC Technology Company. will post $6.79 EPS for the current fiscal year.

The company also recently disclosed 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 annualized dividend and a yield of 0.88%. DXC Technology Company.’s dividend payout ratio is -315.79%.

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A number of research firms have recently weighed in on DXC. Stifel Nicolaus reaffirmed a “hold” rating and set a $86.00 price target on shares of DXC Technology Company. in a report on Thursday. TheStreet raised DXC Technology Company. from a “c” rating to a “b” rating in a report on Tuesday, August 8th. Cowen and Company reaffirmed a “hold” rating and set a $77.00 price target on shares of DXC Technology Company. in a report on Thursday. Goldman Sachs Group, Inc. (The) raised DXC Technology Company. from a “buy” rating to a “conviction-buy” rating and lifted their price target for the company from $85.00 to $90.00 in a report on Tuesday, May 9th. Finally, BMO Capital Markets reaffirmed an “outperform” rating and set a $94.00 price target (up previously from $92.00) on shares of DXC Technology Company. in a report on Wednesday. Four research analysts have rated the stock with a hold rating, eight have assigned a buy rating and one has assigned a strong buy rating to the stock. The stock presently has a consensus rating of “Buy” and an average price target of $87.33.

In other 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 directly owns 196,113 shares in the company, valued at $15,312,503.04. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, EVP Stephen Hilton sold 5,052 shares of the company’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 transaction of $377,990.64. Following the transaction, the executive vice president now owns 2,574 shares in the company, valued at $192,586.68. The disclosure for this sale can be found here. Insiders have sold 292,396 shares of company stock worth $23,335,020 over the last ninety days. Insiders own 1.30% of the company’s stock.

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

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