Van Strum & Towne Inc. bought a new stake in shares of DXC Technology Company. (NYSE:DXC) during the second quarter, according to its most recent disclosure with the SEC. The institutional investor bought 14,931 shares of the company’s stock, valued at approximately $1,146,000.

Other institutional investors have also recently bought and sold shares of the company. Creative Planning purchased a new position in DXC Technology Company. during the second quarter valued at approximately $850,000. Grassi Investment Management purchased a new position in DXC Technology Company. during the second quarter valued at approximately $203,000. Spirit of America Management Corp NY purchased a new position in DXC Technology Company. during the second quarter valued at approximately $271,000. NN Investment Partners Holdings N.V. purchased a new position in DXC Technology Company. during the second quarter valued at approximately $2,063,000. Finally, Regentatlantic Capital LLC purchased a new position in DXC Technology Company. during the second quarter valued at approximately $4,434,000. Hedge funds and other institutional investors own 51.07% of the company’s stock.

DXC Technology Company. (NYSE:DXC) opened at 82.05 on Friday. The stock’s 50 day moving average price is $78.64 and its 200-day moving average price is $74.17. The company has a market capitalization of $23.29 billion, a P/E ratio of 258.83 and a beta of 1.11. DXC Technology Company. has a 12 month low of $45.37 and a 12 month high of $84.50.

DXC Technology Company. (NYSE:DXC) last released its quarterly earnings results on Tuesday, August 8th. The company reported $1.59 EPS for the quarter, beating analysts’ consensus estimates of $1.25 by $0.34. The business had revenue of $5.91 billion during the quarter, compared to analyst estimates of $5.95 billion. DXC Technology Company. had a return on equity of 14.82% and a net margin of 0.49%. On average, equities research analysts predict that DXC Technology Company. will post $6.79 EPS 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 dividend of $0.18 per share. This represents a $0.72 dividend on an annualized basis and a yield of 0.88%. The ex-dividend date of this dividend is Friday, September 1st. DXC Technology Company.’s payout ratio is -315.79%.

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DXC has been the subject of several research reports. Royal Bank Of Canada reiterated a “buy” rating and issued a $87.00 target price on shares of DXC Technology Company. in a research report on Friday, May 5th. Morgan Stanley upgraded DXC Technology Company. from an “equal weight” rating to an “overweight” rating and increased their target price for the company from $68.00 to $85.00 in a research report on Tuesday, July 4th. J P Morgan Chase & Co initiated coverage on DXC Technology Company. in a research report on Wednesday, April 19th. They issued an “overweight” rating and a $90.00 target price for the company. Goldman Sachs Group, Inc. (The) upgraded DXC Technology Company. from a “buy” rating to a “conviction-buy” rating and increased their target price for the company from $85.00 to $90.00 in a research report on Tuesday, May 9th. Finally, Zacks Investment Research downgraded DXC Technology Company. from a “hold” rating to a “sell” rating in a research report on Thursday, July 27th. Four investment analysts have rated the stock with a hold rating, eight have issued a buy rating and one has given a strong buy rating to the stock. DXC Technology Company. has an average rating of “Buy” and an average target price of $87.33.

In other DXC Technology Company. news, EVP Michael G. Nefkens sold 50,132 shares of the company’s stock in a transaction that occurred on Friday, July 21st. The stock was sold at an average price of $80.04, for a total transaction of $4,012,565.28. Following the completion of the transaction, the executive vice president now owns 9,961 shares of the company’s stock, valued at approximately $797,278.44. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. Also, CFO Paul N. Saleh sold 40,460 shares of the company’s stock in a transaction that occurred on Wednesday, August 9th. The shares were sold at an average price of $82.54, for a total value of $3,339,568.40. Following the transaction, the chief financial officer now directly owns 136,384 shares of the company’s stock, valued at approximately $11,257,135.36. The disclosure for this sale can be found here. Insiders have sold a total of 292,396 shares of company stock valued at $23,335,020 in the last ninety days. 1.30% of the stock is currently owned by corporate insiders.

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

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