Amalgamated Bank acquired a new position in shares of DXC Technology Company. (NYSE:DXC) in the second quarter, according to the company in its most recent disclosure with the SEC. The firm acquired 33,137 shares of the company’s stock, valued at approximately $2,542,000.

Several other large investors also recently bought and sold shares of the stock. BlackRock Inc. purchased a new position in shares of DXC Technology Company. during the 2nd quarter worth approximately $1,368,006,000. Letko Brosseau & Associates Inc. purchased a new position in shares of DXC Technology Company. during the 2nd quarter worth approximately $21,698,000. Nationwide Fund Advisors purchased a new position in shares of DXC Technology Company. during the 2nd quarter worth approximately $35,434,000. Affinity Wealth Management purchased a new position in shares of DXC Technology Company. during the 2nd quarter worth approximately $365,000. Finally, LaSalle Street Capital Management LLC purchased a new position in shares of DXC Technology Company. during the 2nd quarter worth approximately $4,040,000. 85.05% of the stock is owned by hedge funds and other institutional investors.

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DXC has been the subject of a number of research analyst reports. Morgan Stanley raised shares of DXC Technology Company. from an “equal weight” rating to an “overweight” rating and increased their price objective for the stock 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 cut shares of DXC Technology Company. from a “hold” rating to a “sell” rating in a research report on Thursday, July 27th. Piper Jaffray Companies reissued an “overweight” rating and issued a $90.00 price target on shares of DXC Technology Company. in a research report on Thursday, May 25th. Finally, BMO Capital Markets reissued an “outperform” rating and issued a $94.00 price target (up previously from $92.00) on shares of DXC Technology Company. in a research report on Wednesday, August 9th. 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’s stock. The company presently has a consensus rating of “Buy” and an average price target of $89.57.

Shares of DXC Technology Company. (DXC) opened at 85.07 on Friday. The company’s 50-day moving average is $83.08 and its 200 day moving average is $77.13. The firm has a market capitalization of $24.22 billion, a price-to-earnings ratio of 268.36 and a beta of 1.03. DXC Technology Company. has a 52 week low of $49.12 and a 52 week high of $86.29.

DXC Technology Company. (NYSE:DXC) last posted its quarterly earnings data on Tuesday, August 8th. The company reported $1.59 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 firm had revenue of $5.91 billion for the quarter, compared to the consensus estimate of $5.95 billion. Analysts anticipate that DXC Technology Company. will post $6.82 EPS for the current fiscal year.

The business 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 of this dividend is Friday, September 1st. This represents a $0.72 dividend on an annualized basis and a yield of 0.85%. DXC Technology Company.’s dividend payout ratio (DPR) is -378.95%.

In other DXC Technology Company. news, CFO Paul N. Saleh sold 80,922 shares of the stock in a transaction 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 directly owns 217,211 shares in the company, valued at approximately $18,247,896.11. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, EVP Michael G. Nefkens sold 128,328 shares of the stock in a transaction on Monday, July 24th. The shares were sold at an average price of $80.03, for a total transaction of $10,270,089.84. Following the transaction, the executive vice president now owns 25,447 shares in the company, valued at $2,036,523.41. 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 over the last quarter. 1.30% of the stock is currently owned by 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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