Prudential Financial Inc. lifted its holdings in DXC Technology Company. (NYSE:DXC) by 0.5% in the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 398,426 shares of the company’s stock after buying an additional 1,990 shares during the period. Prudential Financial Inc. owned about 0.14% of DXC Technology Company. worth $34,217,000 as of its most recent SEC filing.
Other large investors have also recently made changes to their positions in the company. Burney Co. purchased a new stake in shares of DXC Technology Company. during the second quarter worth $1,029,000. Creative Planning acquired a new stake in DXC Technology Company. during the second quarter valued at approximately $850,000. Investec Asset Management PTY Ltd bought a new position in shares of DXC Technology Company. in the second quarter valued at approximately $434,000. State Street Corp bought a new position in DXC Technology Company. in the 2nd quarter worth approximately $898,855,000. Finally, Ameritas Investment Partners Inc. bought a new position in DXC Technology Company. in the 2nd quarter worth approximately $502,000. Institutional investors and hedge funds own 85.91% of the company’s stock.
DXC Technology Company. (NYSE:DXC) opened at $96.80 on Tuesday. The firm has a market cap of $27,368.68, a PE ratio of 17.51, a P/E/G ratio of 1.67 and a beta of 1.01. The company has a current ratio of 1.00, a quick ratio of 1.00 and a debt-to-equity ratio of 0.51. DXC Technology Company. has a twelve month low of $67.76 and a twelve month high of $99.00.
DXC Technology Company. (NYSE:DXC) last announced its quarterly earnings data on Tuesday, November 7th. The company reported $1.93 EPS for the quarter, topping the consensus estimate of $1.53 by $0.40. The business had revenue of $6.16 billion for the quarter, compared to analyst estimates of $6.07 billion. DXC Technology Company. had a net margin of 1.88% and a return on equity of 17.83%. The business’s quarterly revenue was up 229.4% on a year-over-year basis. analysts predict that DXC Technology Company. will post 7.17 EPS for the current year.
The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, January 16th. Shareholders of record on Wednesday, December 6th will be given a $0.18 dividend. This represents a $0.72 annualized dividend and a yield of 0.74%. The ex-dividend date is Tuesday, December 5th. DXC Technology Company.’s dividend payout ratio is 122.03%.
DXC has been the subject of a number of research analyst reports. KeyCorp raised shares of DXC Technology Company. from a “sector weight” rating to an “overweight” rating and set a $93.00 target price for the company in a research note on Friday, July 21st. Zacks Investment Research lowered shares of DXC Technology Company. from a “hold” rating to a “sell” rating in a research report on Thursday, July 27th. BMO Capital Markets restated an “outperform” rating and set a $94.00 target price (up previously from $92.00) on shares of DXC Technology Company. in a research report on Wednesday, August 9th. Stifel Nicolaus reiterated a “hold” rating and set a $86.00 price target on shares of DXC Technology Company. in a research report on Thursday, August 10th. Finally, TheStreet upgraded shares of DXC Technology Company. from a “c” rating to a “b” rating in a research report on Tuesday, August 8th. Four analysts have rated the stock with a hold rating, twelve have given a buy rating and one has given a strong buy rating to the stock. The stock currently has an average rating of “Buy” and an average target price of $99.59.
In other DXC Technology Company. news, EVP Michael G. Nefkens sold 35,340 shares of DXC Technology Company. stock in a transaction dated Thursday, October 12th. The shares were sold at an average price of $92.00, for a total value of $3,251,280.00. The sale was disclosed in a document filed with the SEC, which is accessible through this link. Insiders own 1.30% of the company’s stock.
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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