Parametric Portfolio Associates LLC acquired a new stake 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 840,847 shares of the company’s stock, valued at approximately $64,510,000. Parametric Portfolio Associates LLC owned approximately 0.60% of DXC Technology Company. as of its most recent filing with the Securities and Exchange Commission.

A number of other large investors have also recently added to or reduced their stakes in the business. Cribstone Capital Management LLC boosted its holdings in shares of DXC Technology Company. by 4.7% during the 2nd quarter. Cribstone Capital Management LLC now owns 1,408 shares of the company’s stock valued at $108,000 after acquiring an additional 63 shares during the last quarter. Seven Eight Capital LP boosted its holdings in shares of DXC Technology Company. by 3.7% during the 2nd quarter. Seven Eight Capital LP now owns 6,195 shares of the company’s stock valued at $475,000 after acquiring an additional 219 shares during the last quarter. Fox Run Management L.L.C. boosted its holdings in shares of DXC Technology Company. by 15.5% during the 2nd quarter. Fox Run Management L.L.C. now owns 4,000 shares of the company’s stock valued at $307,000 after acquiring an additional 537 shares during the last quarter. Private Advisor Group LLC boosted its holdings in shares of DXC Technology Company. by 31.8% during the 2nd quarter. Private Advisor Group LLC now owns 5,418 shares of the company’s stock valued at $421,000 after acquiring an additional 1,308 shares during the last quarter. Finally, Hanson McClain Inc. purchased a new stake in shares of DXC Technology Company. during the 2nd quarter valued at about $105,000. Institutional investors and hedge funds own 85.04% of the company’s stock.

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 Thomson Reuters’ consensus estimate 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 firm had revenue of $5.91 billion during the quarter, compared to the consensus estimate of $5.95 billion.

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 paid a $0.18 dividend. This represents a $0.72 annualized dividend and a yield of 0.85%. The ex-dividend date is Friday, September 1st. DXC Technology Company.’s dividend payout ratio is currently -378.95%.

In other DXC Technology Company. news, EVP Michael G. Nefkens sold 128,328 shares of the firm’s stock in a transaction on Monday, July 24th. The stock was sold at an average price of $80.03, for a total value of $10,270,089.84. Following the completion of the sale, the executive vice president now directly owns 25,447 shares of the company’s stock, valued at approximately $2,036,523.41. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, CFO Paul N. Saleh sold 59,824 shares of the firm’s stock in a transaction on Monday, July 17th. The stock was 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 of the company’s stock, valued at $15,312,503.04. The disclosure for this sale can be found here. Over the last three months, insiders sold 359,666 shares of company stock valued at $29,091,539. 1.30% of the stock is owned by corporate insiders.

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A number of equities analysts recently issued reports on DXC shares. Cowen and Company reissued a “hold” rating and issued a $77.00 price objective on shares of DXC Technology Company. in a report on Thursday, August 10th. TheStreet raised shares of 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 issued a $94.00 price objective (up previously from $92.00) on shares of DXC Technology Company. in a report on Wednesday, August 9th. Cantor Fitzgerald reissued a “hold” rating and issued 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 issued a $86.00 price objective on shares of DXC Technology Company. in a report on Thursday, August 10th. Four equities research analysts have rated the stock with a hold rating, ten have issued a buy rating and one has assigned a strong buy rating to the company. The company presently has a consensus rating of “Buy” and a consensus target price of $89.57.

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.

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

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