Anchor Capital Advisors LLC reduced its position in DXC Technology Company. (NYSE:DXC) by 1.0% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 135,419 shares of the company’s stock after selling 1,314 shares during the period. Anchor Capital Advisors LLC’s holdings in DXC Technology Company. were worth $11,630,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Westside Investment Management Inc. lifted its stake in shares of DXC Technology Company. by 3.4% in the 2nd quarter. Westside Investment Management Inc. now owns 1,512 shares of the company’s stock valued at $118,000 after purchasing an additional 50 shares in the last quarter. Cribstone Capital Management LLC lifted its stake in shares of DXC Technology Company. by 4.7% in the 2nd 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 in the last quarter. Seven Eight Capital LP lifted its stake in shares of DXC Technology Company. by 3.7% in the 2nd quarter. Seven Eight Capital LP now owns 6,195 shares of the company’s stock valued at $475,000 after purchasing an additional 219 shares in the last quarter. Fox Run Management L.L.C. lifted its stake in shares of DXC Technology Company. by 15.5% in the 2nd quarter. Fox Run Management L.L.C. now owns 4,000 shares of the company’s stock valued at $307,000 after purchasing an additional 537 shares in the last quarter. Finally, Mn Services Vermogensbeheer B.V. lifted its stake in shares of DXC Technology Company. by 1.3% in the 3rd quarter. Mn Services Vermogensbeheer B.V. now owns 46,749 shares of the company’s stock valued at $4,015,000 after purchasing an additional 600 shares in the last quarter. 85.91% of the stock is currently owned by institutional investors and hedge funds.

Several equities research analysts recently commented on DXC shares. Zacks Investment Research downgraded DXC Technology Company. from a “hold” rating to a “sell” rating in a report on Thursday, July 27th. BMO Capital Markets raised their target price on DXC Technology Company. from $94.00 to $100.00 and gave the company an “outperform” rating in a report on Friday, September 15th. KeyCorp upgraded DXC Technology Company. from a “sector weight” rating to an “overweight” rating and set a $93.00 target price on the stock in a report on Friday, July 21st. Bank of America Corporation started coverage on DXC Technology Company. in a report on Tuesday, September 12th. They set a “buy” rating and a $101.00 target price on the stock. Finally, Barclays PLC raised their target price on DXC Technology Company. from $90.00 to $100.00 and gave the company an “overweight” rating in a report on Thursday, October 12th. Four research analysts have rated the stock with a hold rating, twelve have assigned a buy rating and one has given a strong buy rating to the company. The stock currently has a consensus rating of “Buy” and an average price target of $99.59.

In other news, EVP Michael G. Nefkens sold 35,340 shares of the business’s stock in a transaction that occurred on Thursday, October 12th. The stock was sold at an average price of $92.00, for a total value of $3,251,280.00. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. 1.30% of the stock is currently owned by insiders.

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Shares of DXC Technology Company. (NYSE:DXC) traded up $0.86 during midday trading on Tuesday, hitting $96.80. The stock had a trading volume of 1,902,700 shares, compared to its average volume of 1,972,724. DXC Technology Company. has a 1-year low of $67.76 and a 1-year high of $99.00. The company has a quick ratio of 1.00, a current ratio of 1.00 and a debt-to-equity ratio of 0.51. The company has a market cap of $27,368.68, a P/E ratio of 17.51, a price-to-earnings-growth ratio of 1.67 and a beta of 1.01.

DXC Technology Company. (NYSE:DXC) last issued its quarterly earnings results on Tuesday, November 7th. The company reported $1.93 earnings per share for the quarter, beating the Zacks’ consensus estimate of $1.53 by $0.40. DXC Technology Company. had a return on equity of 17.83% and a net margin of 1.88%. The business had revenue of $6.16 billion during the quarter, compared to the consensus estimate of $6.07 billion. The firm’s revenue for the quarter was up 229.4% compared to the same quarter last year. research analysts forecast that DXC Technology Company. will post 7.17 EPS for the current year.

The company also recently declared a quarterly dividend, which will be paid on Tuesday, January 16th. Stockholders of record on Wednesday, December 6th will be issued a $0.18 dividend. The ex-dividend date of this dividend is Tuesday, December 5th. This represents a $0.72 dividend on an annualized basis and a dividend yield of 0.74%. DXC Technology Company.’s dividend payout ratio (DPR) is 122.03%.

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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