Investment House LLC bought a new position in shares of DXC Technology Company. (NYSE:DXC) during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund bought 19,199 shares of the company’s stock, valued at approximately $1,473,000.
A number of other hedge funds and other institutional investors also recently bought and sold shares of the stock. Geode Capital Management LLC acquired a new position in shares of DXC Technology Company. during the first quarter valued at approximately $89,787,000. Goldman Sachs Group Inc. purchased a new stake in DXC Technology Company. during the first quarter worth $115,847,000. Mitsubishi UFJ Trust & Banking Corp purchased a new stake in DXC Technology Company. during the first quarter worth $39,671,000. Chevy Chase Trust Holdings Inc. purchased a new stake in DXC Technology Company. during the second quarter worth $18,797,000. Finally, Suffolk Capital Management LLC purchased a new stake in DXC Technology Company. during the first quarter worth $14,643,000. 51.07% of the stock is owned by institutional investors and hedge funds.
Shares of DXC Technology Company. (NYSE DXC) opened at 81.27 on Friday. The company has a 50-day moving average price of $78.49 and a 200 day moving average price of $74.00. DXC Technology Company. has a 52 week low of $45.37 and a 52 week high of $84.50. The stock has a market capitalization of $23.07 billion, a PE ratio of 256.37 and a beta of 1.11.
DXC Technology Company. (NYSE:DXC) last released its quarterly earnings results on Tuesday, August 8th. The company reported $1.59 EPS for the quarter, topping analysts’ consensus estimates of $1.25 by $0.34. DXC Technology Company. had a return on equity of 14.82% and a net margin of 0.49%. The company had revenue of $5.91 billion for the quarter, compared to analysts’ expectations of $5.95 billion. Equities analysts forecast that DXC Technology Company. will post $6.86 EPS for the current fiscal year.
TRADEMARK VIOLATION NOTICE: “Investment House LLC Purchases Shares of 19,199 DXC Technology Company. (NYSE:DXC)” was originally published by StockNewsTimes and is owned by of StockNewsTimes. If you are accessing this story on another website, it was illegally copied and republished in violation of United States and international copyright laws. The correct version of this story can be viewed at https://stocknewstimes.com/2017/08/11/19199-shares-in-dxc-technology-company-nysedxc-acquired-by-investment-house-llc-updated-updated.html.
A number of research firms recently weighed in on DXC. Stifel Nicolaus restated a “hold” rating and issued a $86.00 target price on shares of DXC Technology Company. in a research report on Thursday. TheStreet upgraded DXC Technology Company. from a “c” rating to a “b” rating in a research report on Tuesday. Cowen and Company reiterated a “hold” rating and issued a $77.00 price objective on shares of DXC Technology Company. in a research report on Thursday. Zacks Investment Research upgraded DXC Technology Company. from a “sell” rating to a “hold” rating in a research report on Thursday. Finally, Royal Bank Of Canada reiterated a “buy” rating and issued a $87.00 price objective on shares of DXC Technology Company. in a research report on Monday, May 15th. Four research analysts have rated the stock with a hold rating, eight have assigned a buy rating and one has assigned a strong buy rating to the company’s stock. DXC Technology Company. has a consensus rating of “Buy” and an average price target of $87.00.
In other DXC Technology Company. news, EVP Michael G. Nefkens sold 128,328 shares of the company’s stock in a transaction on Monday, July 24th. The stock was sold at an average price of $80.03, for a total transaction of $10,270,089.84. Following the transaction, the executive vice president now directly owns 25,447 shares in the company, valued at $2,036,523.41. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, EVP Michael G. Nefkens sold 50,132 shares of the company’s stock in a transaction on Friday, July 21st. The stock was sold at an average price of $80.04, for a total value of $4,012,565.28. Following the transaction, the executive vice president now owns 9,961 shares in the company, valued at $797,278.44. The disclosure for this sale can be found here. Insiders have sold 251,936 shares of company stock worth $19,995,452 over the last 90 days. 1.30% of the stock is owned by insiders.
Receive News & Ratings for DXC Technology Company. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for DXC Technology Company. and related companies with MarketBeat.com's FREE daily email newsletter.
