DXC Technology Company. (NYSE:DXC) – SunTrust Banks raised their Q3 2018 earnings estimates for shares of DXC Technology Company. in a research note issued on Thursday. SunTrust Banks analyst F. Atkins now expects that the company will post earnings of $1.86 per share for the quarter, up from their previous forecast of $1.82. SunTrust Banks also issued estimates for DXC Technology Company.’s Q4 2018 earnings at $2.10 EPS, Q1 2019 earnings at $1.70 EPS, Q3 2019 earnings at $2.19 EPS and Q4 2019 earnings at $2.42 EPS.

DXC Technology Company. (NYSE:DXC) last issued its quarterly earnings results on Thursday, May 25th. The company reported $1.15 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $0.83 by $0.32. DXC Technology Company. had a negative net margin of 1.62% and a positive return on equity of 19.87%. The company had revenue of $1.89 billion during the quarter, compared to analyst estimates of $1.95 billion.

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Several other equities analysts have also commented on the stock. Royal Bank of Canada reiterated a “buy” rating and set a $87.00 price objective on shares of DXC Technology Company. in a research report on Friday. Stifel Nicolaus assumed coverage on shares of DXC Technology Company. in a report on Tuesday, May 30th. They issued a “hold” rating and a $86.00 price target on the stock. Zacks Investment Research cut shares of DXC Technology Company. from a “strong-buy” rating to a “hold” rating in a report on Tuesday, June 6th. Citigroup Inc. restated a “buy” rating on shares of DXC Technology Company. in a report on Monday, April 10th. Finally, Barclays PLC initiated coverage on shares of DXC Technology Company. in a research note on Thursday, May 25th. They issued an “overweight” rating and a $90.00 target price for the company. Three research analysts have rated the stock with a hold rating, six have issued a buy rating and one has issued a strong buy rating to the company’s stock. DXC Technology Company. currently has a consensus rating of “Buy” and a consensus price target of $86.67.

Shares of DXC Technology Company. (NYSE:DXC) opened at 77.46 on Monday. DXC Technology Company. has a 52 week low of $64.06 and a 52 week high of $80.83. The stock’s market cap is $22.05 billion. The stock’s 50 day moving average is $77.52 and its 200 day moving average is $70.43.

Several hedge funds and other institutional investors have recently made changes to their positions in the stock. Geode Capital Management LLC purchased a new position in shares of DXC Technology Company. during the first quarter valued at $89,787,000. Goldman Sachs Group Inc. acquired a new stake in shares of DXC Technology Company. during the first quarter worth about $115,847,000. Mitsubishi UFJ Trust & Banking Corp acquired a new stake in shares of DXC Technology Company. during the first quarter worth about $39,671,000. Suffolk Capital Management LLC acquired a new stake in shares of DXC Technology Company. during the first quarter worth about $14,643,000. Finally, AMF Pensionsforsakring AB acquired a new stake in shares of DXC Technology Company. during the first quarter worth about $5,974,000. 49.53% of the stock is currently owned by hedge funds and other institutional investors.

In other news, Director Margaret C. Whitman sold 8,600 shares of the business’s stock in a transaction dated Monday, June 5th. The shares were sold at an average price of $77.18, for a total transaction of $663,748.00. Following the transaction, the director now owns 111,229 shares of the company’s stock, valued at approximately $8,584,654.22. The sale was disclosed in a filing with the SEC, which is available at this hyperlink. Also, EVP Stephen Hilton sold 5,052 shares of the business’s stock in a transaction dated Friday, June 16th. The shares were sold at an average price of $74.82, for a total transaction of $377,990.64. Following the transaction, the executive vice president now directly owns 2,574 shares in the company, valued at approximately $192,586.68. The disclosure for this sale can be found here. Insiders own 1.30% of the company’s stock.

The firm also recently announced a special dividend, which will be paid on Tuesday, July 11th. Shareholders of record on Tuesday, June 13th will be paid a dividend of $0.18 per share. The ex-dividend date is Friday, June 9th. DXC Technology Company.’s dividend payout ratio (DPR) is presently -67.42%.

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