First Personal Financial Services Invests $130,000 in DXC Technology Company. (DXC)

First Personal Financial Services purchased a new stake in DXC Technology Company. (NYSE:DXC) during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund purchased 1,688 shares of the company’s stock, valued at approximately $130,000.

Several other large investors have also recently made changes to their positions in DXC. Boston Partners purchased a new stake in shares of DXC Technology Company. during the second quarter valued at approximately $932,573,000. Bank of New York Mellon Corp raised its stake in shares of DXC Technology Company. by 66,828.2% in the second quarter. Bank of New York Mellon Corp now owns 2,494,414 shares of the company’s stock valued at $191,371,000 after buying an additional 2,490,687 shares during the period. Geode Capital Management LLC purchased a new stake 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 shares of DXC Technology Company. during the first quarter valued at approximately $115,847,000. Finally, Legal & General Group Plc purchased a new stake in shares of DXC Technology Company. during the second quarter valued at approximately $112,110,000. 53.95% of the stock is currently owned by institutional investors and hedge funds.

Shares of DXC Technology Company. (DXC) opened at 83.34 on Friday. The stock has a market cap of $23.65 billion, a price-to-earnings ratio of 262.90 and a beta of 1.11. The company has a 50-day moving average price of $79.51 and a 200-day moving average price of $75.00. DXC Technology Company. has a 1-year low of $45.55 and a 1-year high of $86.08.

DXC Technology Company. (NYSE:DXC) last posted its quarterly earnings results on Tuesday, August 8th. The company reported $1.59 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $1.25 by $0.34. The firm had revenue of $5.91 billion for the quarter, compared to analyst estimates of $5.95 billion. DXC Technology Company. had a net margin of 0.49% and a return on equity of 14.82%. On average, equities analysts expect that DXC Technology Company. will post $6.80 earnings per share for the current fiscal year.

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, October 11th. Shareholders of record on Wednesday, September 6th will be given a $0.18 dividend. The ex-dividend date is Friday, September 1st. This represents a $0.72 annualized dividend and a yield of 0.86%. DXC Technology Company.’s dividend payout ratio (DPR) is -315.79%.

DXC has been the topic of several research analyst reports. Cantor Fitzgerald reissued a “hold” rating and set a $79.00 price target on shares of DXC Technology Company. in a research note on Friday, August 11th. Zacks Investment Research lowered DXC Technology Company. from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, June 6th. Royal Bank Of Canada reissued a “buy” rating and set a $87.00 price target on shares of DXC Technology Company. in a research note on Monday, May 15th. KeyCorp raised DXC Technology Company. from a “sector weight” rating to an “overweight” rating and set a $93.00 price target on the stock in a research note on Friday, July 21st. Finally, Piper Jaffray Companies reissued an “overweight” rating and set a $90.00 price target on shares of DXC Technology Company. in a research note on Thursday, May 25th. Four research analysts have rated the stock with a hold rating, eight have given a buy rating and one has given a strong buy rating to the company’s stock. The company currently has a consensus rating of “Buy” and a consensus price target of $87.33.

In other DXC Technology Company. news, CFO Paul N. Saleh sold 80,922 shares of DXC Technology Company. stock in a transaction that occurred on Tuesday, August 15th. The shares were sold at an average price of $84.01, for a total value of $6,798,257.22. Following the transaction, the chief financial officer now owns 217,211 shares in the company, valued at $18,247,896.11. The transaction was disclosed in a document filed with the SEC, which is available at this link. Also, Director Margaret C. Whitman sold 8,600 shares of DXC Technology Company. stock in a transaction that occurred on Monday, June 5th. The stock was sold at an average price of $77.18, for a total transaction of $663,748.00. Following the completion of the transaction, the director now 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 90 days, insiders sold 373,318 shares of company stock worth $30,133,277. 1.30% of the stock is currently owned by company insiders.

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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