Mitchell Mcleod Pugh & Williams Inc. purchased a new stake in shares of DXC Technology Company. (NYSE:DXC) during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund purchased 3,466 shares of the company’s stock, valued at approximately $266,000.
A number of other large investors have also bought and sold shares of DXC. Cribstone Capital Management LLC raised its stake in DXC Technology Company. by 4.7% in the second quarter. Cribstone Capital Management LLC now owns 1,408 shares of the company’s stock valued at $108,000 after buying an additional 63 shares during the last quarter. Fox Run Management L.L.C. raised its stake in DXC Technology Company. by 15.5% in the second quarter. Fox Run Management L.L.C. now owns 4,000 shares of the company’s stock valued at $307,000 after buying an additional 537 shares during the last quarter. Westside Investment Management Inc. acquired a new stake in DXC Technology Company. during the first quarter valued at approximately $105,000. Whittier Trust Co. of Nevada Inc. acquired a new stake in DXC Technology Company. during the second quarter valued at approximately $143,000. Finally, Bartlett & Co. LLC acquired a new stake in DXC Technology Company. during the first quarter valued at approximately $145,000. 49.61% of the stock is currently owned by institutional investors.
DXC Technology Company. (NYSE DXC) traded up 1.65% during midday trading on Friday, hitting $79.94. 1,610,212 shares of the stock traded hands. DXC Technology Company. has a one year low of $64.06 and a one year high of $80.83. The company’s 50 day moving average is $77.08 and its 200-day moving average is $72.16. The company’s market cap is $11.30 billion.
DXC Technology Company. (NYSE:DXC) last released its quarterly earnings data on Thursday, May 25th. The company reported $1.15 EPS for the quarter, topping analysts’ consensus estimates of $0.83 by $0.32. The firm had revenue of $1.89 billion for the quarter, compared to the consensus estimate of $1.95 billion. DXC Technology Company. had a negative net margin of 1.62% and a positive return on equity of 19.87%. On average, equities research analysts forecast that DXC Technology Company. will post $6.71 EPS for the current fiscal year.
The business also recently disclosed a special dividend, which was paid on Tuesday, July 11th. Investors of record on Tuesday, June 13th were issued a dividend of $0.18 per share. The ex-dividend date was Friday, June 9th. DXC Technology Company.’s dividend payout ratio is currently -67.42%.
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Several equities research analysts have commented on the stock. KeyCorp raised shares of DXC Technology Company. from a “sector weight” rating to an “overweight” rating in a report on Friday. Royal Bank Of Canada reaffirmed a “buy” rating and issued a $87.00 price target on shares of DXC Technology Company. in a report on Tuesday, June 6th. Stifel Nicolaus assumed coverage on shares of DXC Technology Company. in a report on Tuesday, May 30th. They issued a “hold” rating and a $86.00 price target on the stock. Zacks Investment Research lowered shares of DXC Technology Company. from a “strong-buy” rating to a “hold” rating in a report on Tuesday, June 6th. Finally, Citigroup Inc. reaffirmed a “buy” rating on shares of DXC Technology Company. in a report on Monday, April 10th. Three investment analysts have rated the stock with a hold rating, seven have issued a buy rating and one has assigned a strong buy rating to the company’s stock. The stock currently has an average rating of “Buy” and a consensus price target of $86.67.
In related news, CFO Paul N. Saleh sold 59,824 shares of the business’s stock in a transaction dated Monday, July 17th. The shares were sold at an average price of $78.08, for a total transaction of $4,671,057.92. Following the sale, the chief financial officer now owns 196,113 shares of the company’s stock, valued at $15,312,503.04. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, Director Margaret C. Whitman sold 8,600 shares of the business’s stock in a transaction dated Monday, June 5th. The stock was sold at an average price of $77.18, for a total transaction of $663,748.00. Following the sale, the director now directly owns 111,229 shares in the company, valued at approximately $8,584,654.22. The disclosure for this sale can be found here. In the last three months, insiders have sold 73,476 shares of company stock worth $5,712,797. 1.30% of the stock is owned by insiders.
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