Laurion Capital Management LP purchased a new stake in DXC Technology Company. (NYSE:DXC) during the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm purchased 20,368 shares of the company’s stock, valued at approximately $1,562,000.

Several other large investors have also added to or reduced their stakes in DXC. BlackRock Inc. purchased a new stake in shares of DXC Technology Company. in the 2nd quarter valued at about $1,368,006,000. Boston Partners purchased a new stake in shares of DXC Technology Company. in the 2nd quarter valued at about $932,573,000. Franklin Resources Inc. purchased a new stake in shares of DXC Technology Company. in the 2nd quarter valued at about $514,971,000. TIAA CREF Investment Management LLC purchased a new stake in shares of DXC Technology Company. in the 2nd quarter valued at about $359,559,000. Finally, Bank of New York Mellon Corp raised its holdings in shares of DXC Technology Company. by 66,828.2% in the 2nd quarter. Bank of New York Mellon Corp now owns 2,494,414 shares of the company’s stock valued at $191,371,000 after acquiring an additional 2,490,687 shares in the last quarter. 85.04% of the stock is currently owned by hedge funds and other institutional investors.

DXC Technology Company. (NYSE:DXC) opened at 84.84 on Friday. The stock has a market capitalization of $24.15 billion, a PE ratio of 267.63 and a beta of 1.03. DXC Technology Company. has a one year low of $49.80 and a one year high of $86.29. The company’s 50 day moving average price is $83.45 and its 200-day moving average price is $77.46.

DXC Technology Company. (NYSE:DXC) last announced its quarterly earnings results on Tuesday, August 8th. The company reported $1.59 EPS for the quarter, beating analysts’ consensus estimates of $1.25 by $0.34. DXC Technology Company. had a return on equity of 17.51% and a net margin of 0.49%. The company had revenue of $5.91 billion during the quarter, compared to analyst estimates of $5.95 billion. Analysts expect that DXC Technology Company. will post $6.82 earnings per share for the current year.

The company also recently declared a quarterly dividend, which will be paid on Wednesday, October 11th. Investors of record on Wednesday, September 6th will be paid a dividend of $0.18 per share. This represents a $0.72 dividend on an annualized basis and a yield of 0.85%. The ex-dividend date is Friday, September 1st. DXC Technology Company.’s payout ratio is presently -378.95%.

Several analysts have weighed in on the company. Cowen and Company reaffirmed a “hold” rating and issued a $77.00 price target on shares of DXC Technology Company. in a report on Thursday, August 10th. TheStreet raised DXC Technology Company. from a “c” rating to a “b” rating in a report on Tuesday, August 8th. BMO Capital Markets reissued an “outperform” rating and set a $94.00 price objective (up from $92.00) on shares of DXC Technology Company. in a report on Wednesday, August 9th. Cantor Fitzgerald reissued a “hold” rating and set a $79.00 price objective on shares of DXC Technology Company. in a report on Friday, August 11th. Finally, Stifel Nicolaus reissued a “hold” rating and set a $86.00 price objective on shares of DXC Technology Company. in a report on Thursday, August 10th. Four analysts have rated the stock with a hold rating, ten have assigned a buy rating and one has given a strong buy rating to the company’s stock. DXC Technology Company. currently has a consensus rating of “Buy” and a consensus target price of $89.57.

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In related news, CFO Paul N. Saleh sold 59,824 shares of the 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 sale was disclosed in a filing with the SEC, which is available through this link. Also, CFO Paul N. Saleh sold 80,922 shares of the stock in a transaction that occurred on Tuesday, August 15th. The shares were 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 directly owns 217,211 shares of the company’s stock, valued at $18,247,896.11. The disclosure for this sale can be found here. Over 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 corporate insiders.

About DXC Technology Company.

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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