Sun Life Financial INC acquired a new position in shares of DXC Technology Company. (NYSE:DXC) in the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm acquired 2,074 shares of the company’s stock, valued at approximately $159,000.

Other large investors have also added to or reduced their stakes in the company. Neuberger Berman Group LLC acquired a new position in shares of DXC Technology Company. in the 1st quarter valued at about $233,000. Credit Agricole S A acquired a new position in DXC Technology Company. in the 1st quarter valued at approximately $4,617,000. Geode Capital Management LLC acquired a new position in DXC Technology Company. in the 1st quarter valued at approximately $89,787,000. Caisse DE Depot ET Placement DU Quebec acquired a new position in DXC Technology Company. in the 1st quarter valued at approximately $1,822,000. Finally, Goldman Sachs Group Inc. acquired a new position in DXC Technology Company. in the 1st quarter valued at approximately $115,847,000. 85.04% of the stock is currently owned by institutional investors.

In other news, CFO Paul N. Saleh sold 80,922 shares of the company’s 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 transaction, the chief financial officer now owns 217,211 shares of the company’s stock, valued at approximately $18,247,896.11. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, CFO Paul N. Saleh sold 59,824 shares of the company’s stock in a transaction on Monday, July 17th. The shares were sold at an average price of $78.08, for a total value of $4,671,057.92. Following the completion of the transaction, the chief financial officer now directly owns 196,113 shares in the company, valued at approximately $15,312,503.04. The disclosure for this sale can be found here. In the last three months, insiders have sold 359,666 shares of company stock valued at $29,091,539. 1.30% of the stock is owned by insiders.

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Shares of DXC Technology Company. (NYSE:DXC) traded down 0.01% during midday trading on Tuesday, reaching $85.34. The company’s stock had a trading volume of 143,365 shares. The company has a 50-day moving average price of $84.80 and a 200-day moving average price of $78.51. The firm has a market cap of $24.30 billion, a price-to-earnings ratio of 269.21 and a beta of 1.04. DXC Technology Company. has a 12 month low of $50.41 and a 12 month high of $86.75.

DXC Technology Company. (NYSE:DXC) last announced its quarterly earnings results on Tuesday, August 8th. The company reported $1.59 earnings per share (EPS) for the quarter, topping 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 during the quarter, compared to the consensus estimate of $5.95 billion. Equities analysts expect that DXC Technology Company. will post $6.82 earnings per share for the current year.

The firm also recently announced 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 of this dividend is Friday, September 1st. This represents a $0.72 annualized dividend and a yield of 0.84%. DXC Technology Company.’s dividend payout ratio (DPR) is -378.95%.

DXC has been the subject of a number of research reports. BMO Capital Markets lifted their target price on shares of DXC Technology Company. from $94.00 to $100.00 and gave the company an “outperform” rating in a research note on Friday, September 15th. Bank of America Corporation assumed coverage on shares of DXC Technology Company. in a research note on Tuesday, September 12th. They issued a “buy” rating and a $101.00 price target on the stock. Jefferies Group LLC increased their price objective on DXC Technology Company. from $85.00 to $100.00 and gave the stock a “buy” rating in a report on Thursday, August 24th. KeyCorp reissued a “buy” rating and set a $92.00 price objective on shares of DXC Technology Company. in a research report on Friday, September 8th. Finally, Zacks Investment Research raised DXC Technology Company. from a “sell” rating to a “hold” rating in a research report on Thursday, August 10th. Four equities research 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 stock. The stock currently has an average rating of “Buy” and a consensus target price of $89.57.

DXC Technology Company. 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.

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

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