DXC Technology Company. (NYSE:DXC) – Cantor Fitzgerald boosted their FY2018 EPS estimates for shares of DXC Technology Company. in a report issued on Friday. Cantor Fitzgerald analyst J. Foresi now anticipates that the company will post earnings per share of $6.90 for the year, up from their previous forecast of $6.78. Cantor Fitzgerald currently has a “Hold” rating and a $79.00 price objective on the stock.

Several other brokerages have also recently issued reports on DXC. 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. Royal Bank Of Canada reiterated 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 upgraded shares of DXC Technology Company. from a “sector weight” rating to an “overweight” rating and set a $93.00 price target for the company in a research note on Friday, July 21st. Piper Jaffray Companies reiterated an “overweight” rating and set a $90.00 price target on shares of DXC Technology Company. in a research note on Thursday, May 25th. Finally, Stifel Nicolaus started coverage on shares of DXC Technology Company. in a research note on Tuesday, May 30th. They set a “hold” rating and a $86.00 price target for the company. Four analysts have rated the stock with a hold rating, eight have given a buy rating and one has assigned a strong buy rating to the company’s stock. DXC Technology Company. has a consensus rating of “Buy” and a consensus target price of $87.33.

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DXC Technology Company. (NYSE DXC) opened at 82.05 on Monday. The stock has a market cap of $23.29 billion, a PE ratio of 258.83 and a beta of 1.11. DXC Technology Company. has a 12-month low of $64.06 and a 12-month high of $84.50. The firm has a 50 day moving average of $78.64 and a 200-day moving average of $74.17.

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 Zacks’ consensus estimate of $1.25 by $0.34. The business had revenue of $5.91 billion during the quarter, compared to analysts’ expectations of $5.95 billion. DXC Technology Company. had a net margin of 0.49% and a return on equity of 14.82%.

Institutional investors have recently made changes to their positions in the stock. Cribstone Capital Management LLC increased its position in shares of DXC Technology Company. by 4.7% in the second quarter. Cribstone Capital Management LLC now owns 1,408 shares of the company’s stock worth $108,000 after buying an additional 63 shares in the last quarter. Seven Eight Capital LP increased its position in shares of DXC Technology Company. by 3.7% in the second quarter. Seven Eight Capital LP now owns 6,195 shares of the company’s stock worth $475,000 after buying an additional 219 shares in the last quarter. Fox Run Management L.L.C. increased its position in shares of DXC Technology Company. by 15.5% in the second quarter. Fox Run Management L.L.C. now owns 4,000 shares of the company’s stock worth $307,000 after buying an additional 537 shares in the last quarter. Private Advisor Group LLC increased its position in shares of DXC Technology Company. by 31.8% in the second quarter. Private Advisor Group LLC now owns 5,418 shares of the company’s stock worth $421,000 after buying an additional 1,308 shares in the last quarter. Finally, Hanson McClain Inc. bought a new position in shares of DXC Technology Company. during the second quarter worth about $105,000. Institutional investors and hedge funds own 53.95% of the company’s stock.

In other news, EVP Stephen Hilton sold 5,052 shares of the stock in a transaction dated Friday, June 16th. The shares were sold at an average price of $74.82, for a total value of $377,990.64. Following the completion of the transaction, the executive vice president now owns 2,574 shares in the company, valued at approximately $192,586.68. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director Margaret C. Whitman sold 8,600 shares of the 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 completion of the transaction, the director now owns 111,229 shares of the company’s stock, valued at approximately $8,584,654.22. The disclosure for this sale can be found here. Insiders sold a total of 292,396 shares of company stock valued at $23,335,020 in the last quarter. Insiders own 1.30% of the company’s stock.

The business also recently declared a quarterly dividend, which will be paid on Wednesday, October 11th. Stockholders of record on Wednesday, September 6th will be issued a $0.18 dividend. The ex-dividend date of this dividend is Friday, September 1st. This represents a $0.72 dividend on an annualized basis and a dividend yield of 0.88%. DXC Technology Company.’s dividend payout ratio is presently -315.79%.

Earnings History and Estimates for DXC Technology Company. (NYSE:DXC)

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