Robeco Institutional Asset Management B.V. lifted its stake in shares of DXC Technology Co (NYSE:DXC) by 14.8% during the 3rd quarter, Holdings Channel reports. The firm owned 67,622 shares of the company’s stock after purchasing an additional 8,714 shares during the quarter. Robeco Institutional Asset Management B.V.’s holdings in DXC Technology were worth $6,327,000 at the end of the most recent reporting period.

Several other institutional investors also recently modified their holdings of the company. Daiwa SB Investments Ltd. boosted its holdings in shares of DXC Technology by 25.3% during the 3rd quarter. Daiwa SB Investments Ltd. now owns 2,820 shares of the company’s stock worth $264,000 after purchasing an additional 570 shares during the last quarter. Horan Capital Advisors LLC. boosted its holdings in shares of DXC Technology by 2.8% during the 2nd quarter. Horan Capital Advisors LLC. now owns 22,208 shares of the company’s stock worth $1,790,000 after purchasing an additional 607 shares during the last quarter. Northwestern Mutual Wealth Management Co. boosted its holdings in shares of DXC Technology by 29.8% during the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 2,676 shares of the company’s stock worth $216,000 after purchasing an additional 615 shares during the last quarter. Advisor Partners LLC boosted its holdings in shares of DXC Technology by 8.0% during the 2nd quarter. Advisor Partners LLC now owns 8,302 shares of the company’s stock worth $669,000 after purchasing an additional 618 shares during the last quarter. Finally, D.A. Davidson & CO. boosted its holdings in shares of DXC Technology by 27.8% during the 2nd quarter. D.A. Davidson & CO. now owns 2,985 shares of the company’s stock worth $241,000 after purchasing an additional 650 shares during the last quarter. Institutional investors and hedge funds own 84.48% of the company’s stock.

DXC opened at $57.79 on Wednesday. DXC Technology Co has a one year low of $57.70 and a one year high of $107.85. The company has a market capitalization of $16.64 billion, a P/E ratio of 7.28, a price-to-earnings-growth ratio of 1.27 and a beta of 1.32. The company has a debt-to-equity ratio of 0.46, a quick ratio of 1.04 and a current ratio of 1.04.

DXC Technology (NYSE:DXC) last released its quarterly earnings data on Tuesday, November 6th. The company reported $2.02 EPS for the quarter, beating analysts’ consensus estimates of $1.96 by $0.06. DXC Technology had a return on equity of 19.07% and a net margin of 8.15%. The firm had revenue of $5.01 billion for the quarter, compared to analysts’ expectations of $5.30 billion. During the same period in the prior year, the firm posted $1.93 earnings per share. The firm’s quarterly revenue was down 8.1% on a year-over-year basis. As a group, analysts anticipate that DXC Technology Co will post 8.16 EPS for the current year.

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, January 15th. Investors of record on Wednesday, December 5th will be issued a $0.19 dividend. This represents a $0.76 dividend on an annualized basis and a yield of 1.32%. The ex-dividend date of this dividend is Tuesday, December 4th. DXC Technology’s dividend payout ratio is presently 9.57%.

In other DXC Technology news, CFO Paul N. Saleh sold 50,000 shares of the company’s stock in a transaction on Thursday, September 13th. The stock was sold at an average price of $92.03, for a total transaction of $4,601,500.00. The transaction was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. Also, insider John M. Lawrie sold 55,549 shares of the company’s stock in a transaction on Tuesday, August 28th. The stock was sold at an average price of $89.82, for a total value of $4,989,411.18. The disclosure for this sale can be found here. Insiders sold 181,158 shares of company stock worth $16,526,731 over the last quarter. 0.65% of the stock is currently owned by insiders.

Several research analysts have recently weighed in on the company. BMO Capital Markets restated a “buy” rating on shares of DXC Technology in a report on Wednesday, October 24th. ValuEngine cut DXC Technology from a “sell” rating to a “strong sell” rating in a report on Friday, November 2nd. Zacks Investment Research upgraded DXC Technology from a “sell” rating to a “hold” rating in a report on Wednesday, August 1st. Cfra restated a “buy” rating and set a $105.00 target price on shares of DXC Technology in a report on Thursday, August 2nd. Finally, Cantor Fitzgerald reiterated a “hold” rating and issued a $70.00 price objective on shares of DXC Technology in a report on Wednesday, November 7th. Two research analysts have rated the stock with a sell rating, four have assigned a hold rating, ten have issued a buy rating and one has issued a strong buy rating to the stock. DXC Technology presently has a consensus rating of “Buy” and an average target price of $96.87.

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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 three segments: Global Business Services (GBS), Global Infrastructure Services (GIS), and United States Public Sector (USPS).

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

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