22,965 Shares in DXC Technology Company. (DXC) Purchased by Signature Estate & Investment Advisors LLC

Signature Estate & Investment Advisors LLC bought a new stake in shares of DXC Technology Company. (NYSE:DXC) in the third quarter, according to its most recent Form 13F filing with the SEC. The fund bought 22,965 shares of the company’s stock, valued at approximately $1,972,000.

Other institutional investors have also recently bought and sold shares of the company. Advisory Services Network LLC acquired a new position in DXC Technology Company. during the 2nd quarter valued at about $101,000. Hanson McClain Inc. acquired a new position in DXC Technology Company. during the 2nd quarter valued at about $105,000. Pinebridge Investments L.P. acquired a new stake in shares of DXC Technology Company. in the 2nd quarter worth approximately $106,000. Cribstone Capital Management LLC lifted its stake in shares of DXC Technology Company. by 4.7% in the 2nd quarter. Cribstone Capital Management LLC now owns 1,408 shares of the company’s stock worth $108,000 after acquiring an additional 63 shares during the period. Finally, Oppenheimer Asset Management Inc. acquired a new stake in shares of DXC Technology Company. in the 2nd quarter worth approximately $109,000. 85.91% of the stock is owned by hedge funds and other institutional investors.

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In other news, EVP Michael G. Nefkens sold 35,340 shares of the stock in a transaction on 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 legal filing with the Securities & Exchange Commission, which is accessible through this link. Corporate insiders own 1.30% of the company’s stock.

Shares of DXC Technology Company. (NYSE:DXC) traded up $0.86 during trading on Tuesday, reaching $96.80. 1,902,700 shares of the company’s stock were exchanged, compared to its average volume of 1,972,724. 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 12-month low of $67.76 and a 12-month high of $99.00. The company has a market cap of $27,368.68, a P/E ratio of 17.51, a PEG ratio of 1.67 and a beta of 1.01.

DXC Technology Company. (NYSE:DXC) last announced its quarterly earnings data on Tuesday, November 7th. The company reported $1.93 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.53 by $0.40. DXC Technology Company. had a net margin of 1.88% and a return on equity of 17.83%. The company had revenue of $6.16 billion during the quarter, compared to analysts’ expectations of $6.07 billion. The business’s quarterly revenue was up 229.4% on a year-over-year basis. analysts forecast that DXC Technology Company. will post 7.17 earnings per share for the current year.

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, January 16th. Stockholders of record on Wednesday, December 6th will be paid a $0.18 dividend. This represents a $0.72 dividend on an annualized basis and a dividend yield of 0.74%. The ex-dividend date is Tuesday, December 5th. DXC Technology Company.’s dividend payout ratio is 122.03%.

A number of analysts have recently weighed in on the stock. SunTrust Banks, Inc. upped their price target on shares of DXC Technology Company. to $100.00 and gave the stock a “hold” rating in a research note on Monday. Barclays PLC increased their target price on shares of DXC Technology Company. from $100.00 to $108.00 and gave the company an “overweight” rating in a research note on Wednesday, November 8th. BMO Capital Markets increased their target price on shares of DXC Technology Company. from $105.00 to $110.00 and gave the company an “outperform” rating in a research note on Wednesday, November 8th. Stifel Nicolaus increased their target price on shares of DXC Technology Company. from $86.00 to $100.00 and gave the company a “hold” rating in a research note on Wednesday, November 8th. Finally, Cantor Fitzgerald restated a “hold” rating and set a $93.00 price target on shares of DXC Technology Company. in a report on Wednesday, November 8th. Four analysts have rated the stock with a hold rating, twelve have given a buy rating and one has assigned a strong buy rating to the company’s stock. The stock presently has a consensus rating of “Buy” and a consensus target price of $99.59.

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

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