LaSalle Street Capital Management LLC bought a new stake in shares of DXC Technology Company. (NYSE:DXC) during the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm bought 52,661 shares of the company’s stock, valued at approximately $4,040,000. DXC Technology Company. makes up approximately 3.3% of LaSalle Street Capital Management LLC’s holdings, making the stock its 7th largest holding.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. Hanson McClain Inc. bought a new position in DXC Technology Company. during the second quarter valued at about $105,000. Oppenheimer Asset Management Inc. bought a new position in DXC Technology Company. during the second quarter valued at about $109,000. Cribstone Capital Management LLC raised its holdings in 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 buying an additional 63 shares in the last quarter. Westside Investment Management Inc. bought a new position in DXC Technology Company. during the first quarter valued at about $105,000. Finally, Loring Wolcott & Coolidge Fiduciary Advisors LLP MA bought a new position in DXC Technology Company. during the second quarter valued at about $128,000. Institutional investors own 85.05% of the company’s stock.

Several equities analysts have weighed in on DXC shares. Cantor Fitzgerald restated a “hold” rating and set a $79.00 target price on shares of DXC Technology Company. in a report on Friday, August 11th. Jefferies Group LLC raised their target price on DXC Technology Company. from $85.00 to $100.00 and gave the company a “buy” rating in a report on Thursday, August 24th. Zacks Investment Research lowered DXC Technology Company. from a “strong-buy” rating to a “hold” rating in a report on Tuesday, June 6th. KeyCorp restated a “buy” rating and set a $92.00 target price on shares of DXC Technology Company. in a report on Friday, September 8th. Finally, Piper Jaffray Companies restated an “overweight” rating and set a $90.00 target price on shares of DXC Technology Company. in a report on Thursday, May 25th. Four analysts have rated the stock with a hold rating, ten have assigned a buy rating and one has issued a strong buy rating to the company’s stock. The company presently has an average rating of “Buy” and an average target price of $89.14.

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DXC Technology Company. (NYSE:DXC) traded down 0.11% during trading on Thursday, hitting $85.27. The stock had a trading volume of 489,734 shares. The stock has a 50 day moving average price of $82.59 and a 200 day moving average price of $76.89. DXC Technology Company. has a 12-month low of $45.62 and a 12-month high of $86.29. The company has a market capitalization of $24.28 billion, a price-to-earnings ratio of 268.99 and a beta of 1.03.

DXC Technology Company. (NYSE:DXC) last posted its quarterly earnings data on Tuesday, August 8th. The company reported $1.59 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 company had revenue of $5.91 billion during the quarter, compared to the consensus estimate of $5.95 billion. Equities research analysts forecast that DXC Technology Company. will post $6.82 earnings per share for the current year.

The company also recently announced a quarterly dividend, which will be paid on Wednesday, October 11th. Investors of record on Wednesday, September 6th will be paid a $0.18 dividend. 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 currently -378.95%.

In related news, CFO Paul N. Saleh sold 59,824 shares of the firm’s stock in a transaction dated 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 sale, the chief financial officer now directly 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, EVP Stephen Hilton sold 5,052 shares of the firm’s stock in a transaction dated Friday, June 16th. The shares were sold at an average price of $74.82, for a total transaction of $377,990.64. Following the completion of the sale, the executive vice president now owns 2,574 shares of the company’s stock, valued at $192,586.68. The disclosure for this sale can be found here. Insiders sold a total of 364,718 shares of company stock valued at $29,469,529 over the last quarter. 1.30% of the stock is currently owned by company insiders.

DXC Technology 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.

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

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