Traders purchased shares of DXC Technology Company. (NYSE:DXC) on weakness during trading on Friday. $48.90 million flowed into the stock on the tick-up and $25.68 million flowed out of the stock on the tick-down, for a money net flow of $23.22 million into the stock. Of all stocks tracked, DXC Technology Company. had the 20th highest net in-flow for the day. DXC Technology Company. traded down ($0.16) for the day and closed at $84.17

A number of research analysts have recently commented on the company. KeyCorp reiterated a “buy” rating and issued a $92.00 price objective on shares of DXC Technology Company. in a report on Friday. Jefferies Group LLC increased their price objective on DXC Technology Company. from $85.00 to $100.00 and gave the company a “buy” rating in a report on Thursday, August 24th. Cantor Fitzgerald reiterated a “hold” rating and issued a $79.00 price objective on shares of DXC Technology Company. in a report on Friday, August 11th. Zacks Investment Research upgraded DXC Technology Company. from a “sell” rating to a “hold” rating in a report on Thursday, August 10th. Finally, Cowen and Company reiterated a “hold” rating and issued a $77.00 price objective on shares of DXC Technology Company. in a report on Thursday, August 10th. Four investment analysts have rated the stock with a hold rating, nine have assigned a buy rating and one has given a strong buy rating to the stock. DXC Technology Company. currently has a consensus rating of “Buy” and an average price target of $88.23.

The stock has a market capitalization of $23.96 billion, a PE ratio of 265.52 and a beta of 1.03. The stock’s 50 day moving average price is $82.12 and its 200 day moving average price is $76.52.

DXC Technology Company. (NYSE:DXC) last announced its quarterly earnings data on Tuesday, August 8th. The company reported $1.59 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of $1.25 by $0.34. The firm had revenue of $5.91 billion during the quarter, compared to analyst estimates of $5.95 billion. DXC Technology Company. had a return on equity of 17.51% and a net margin of 0.49%. Equities analysts anticipate that DXC Technology Company. will post $6.81 earnings per share for the current year.

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, October 11th. Investors of record on Wednesday, September 6th will be issued a $0.18 dividend. This represents a $0.72 annualized dividend and a yield of 0.86%. The ex-dividend date is Friday, September 1st. DXC Technology Company.’s dividend payout ratio is currently -378.95%.

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 stock was sold at an average price of $78.08, for a total transaction of $4,671,057.92. Following the completion of the transaction, the chief financial officer now directly owns 196,113 shares of the company’s stock, valued at $15,312,503.04. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed 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 shares were sold at an average price of $74.82, for a total value of $377,990.64. Following the transaction, the executive vice president now directly owns 2,574 shares of the company’s stock, valued at $192,586.68. The disclosure for this sale can be found here. Over the last three months, insiders sold 364,718 shares of company stock valued at $29,469,529. 1.30% of the stock is owned by corporate insiders.

Large investors have recently bought and sold shares of the company. Advisory Services Network LLC bought a new position in shares of DXC Technology Company. during the second quarter valued at approximately $101,000. Hanson McClain Inc. bought a new position in shares of DXC Technology Company. during the second quarter valued at approximately $105,000. Pinebridge Investments L.P. bought a new position in shares of DXC Technology Company. during the second quarter valued at approximately $106,000. Oppenheimer Asset Management Inc. bought a new position in shares of DXC Technology Company. during the second quarter valued at approximately $109,000. Finally, Cribstone Capital Management LLC grew its holdings in shares of DXC Technology Company. by 4.7% during the second quarter. Cribstone Capital Management LLC now owns 1,408 shares of the company’s stock valued at $108,000 after purchasing an additional 63 shares during the last quarter. 85.05% of the stock is owned by institutional investors.

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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.