140,164 Shares in DXC Technology Company. (DXC) Acquired by Royal Bank of Canada

Royal Bank of Canada purchased a new position in DXC Technology Company. (NYSE:DXC) during the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund purchased 140,164 shares of the company’s stock, valued at approximately $10,753,000.

A number of other hedge funds also recently made changes to their positions in the business. Vanguard Group Inc. lifted its stake in DXC Technology Company. by 30,928.2% in the 2nd quarter. Vanguard Group Inc. now owns 20,771,226 shares of the company’s stock worth $1,593,568,000 after purchasing an additional 20,704,283 shares in the last quarter. BlackRock Inc. purchased a new stake in DXC Technology Company. in the 2nd quarter worth $1,368,006,000. Dodge & Cox purchased a new stake in DXC Technology Company. in the 2nd quarter worth $1,032,608,000. Boston Partners purchased a new stake in DXC Technology Company. in the 2nd quarter worth $932,573,000. Finally, Franklin Resources Inc. purchased a new stake in DXC Technology Company. in the 2nd quarter worth $514,971,000. Institutional investors and hedge funds own 85.05% of the company’s stock.

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 transaction of $3,251,280.00. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, EVP Michael G. Nefkens sold 128,328 shares of DXC Technology Company. stock in a transaction dated Monday, July 24th. The stock was sold at an average price of $80.03, for a total transaction of $10,270,089.84. Following the transaction, the executive vice president now directly owns 25,447 shares in the company, valued at $2,036,523.41. The disclosure for this sale can be found here. Insiders have sold 335,182 shares of company stock worth $27,671,761 over the last ninety days. 1.30% of the stock is owned by insiders.

DXC Technology Company. (NYSE:DXC) opened at 91.49 on Tuesday. The company’s 50-day moving average is $85.65 and its 200 day moving average is $79.82. The company has a market capitalization of $26.05 billion, a P/E ratio of 288.61 and a beta of 1.04. DXC Technology Company. has a one year low of $51.68 and a one year high of $93.40.

DXC Technology Company. (NYSE:DXC) last posted its quarterly earnings results on Tuesday, August 8th. The company reported $1.59 earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of $1.25 by $0.34. DXC Technology Company. had a net margin of 0.49% and a return on equity of 17.51%. The firm had revenue of $5.91 billion for the quarter, compared to the consensus estimate of $5.95 billion. On average, equities analysts anticipate that DXC Technology Company. will post $6.82 earnings per share for the current year.

The company also recently announced a quarterly dividend, which was paid on Wednesday, October 11th. Shareholders of record on Wednesday, September 6th were paid a dividend of $0.18 per share. This represents a $0.72 dividend on an annualized basis and a yield of 0.79%. The ex-dividend date of this dividend was Friday, September 1st. DXC Technology Company.’s dividend payout ratio (DPR) is presently -378.95%.

Several brokerages have recently issued reports on DXC. Evercore ISI began coverage on shares of DXC Technology Company. in a research report on Tuesday. They set an “outperform” rating and a $115.00 target price on the stock. Citigroup Inc. upped their target price on shares of DXC Technology Company. from $97.00 to $101.00 and gave the company a “buy” rating in a research report on Friday. Royal Bank Of Canada restated a “buy” rating and set a $87.00 target price on shares of DXC Technology Company. in a research report on Friday. Cantor Fitzgerald upped their target price on shares of DXC Technology Company. from $79.00 to $87.00 and gave the company a “neutral” rating in a research report on Friday. Finally, Zacks Investment Research upgraded shares of DXC Technology Company. from a “hold” rating to a “buy” rating and set a $99.00 target price on the stock in a research report on Tuesday, October 10th. Four equities research analysts have rated the stock with a hold rating, eleven have assigned a buy rating and one has issued a strong buy rating to the company. The company currently has a consensus rating of “Buy” and an average target price of $95.00.

TRADEMARK VIOLATION NOTICE: This news story was posted by The Ledger Gazette and is the sole property of of The Ledger Gazette. If you are viewing this news story on another site, it was copied illegally and reposted in violation of United States & international copyright & trademark legislation. The original version of this news story can be viewed at https://ledgergazette.com/2017/10/17/140164-shares-in-dxc-technology-company-dxc-acquired-by-royal-bank-of-canada.html.

DXC Technology Company. Company Profile

DXC Technology Company, together with its s

A number of other hedge funds also recently made changes to their positions in the business. Vanguard Group Inc. lifted its stake in DXC Technology Company. by 30,928.2% in the 2nd quarter. Vanguard Group Inc. now owns 20,771,226 shares of the company’s stock worth $1,593,568,000 after purchasing an additional 20,704,283 shares in the last quarter. BlackRock Inc. purchased a new stake in DXC Technology Company. in the 2nd quarter worth $1,368,006,000. Dodge & Cox purchased a new stake in DXC Technology Company. in the 2nd quarter worth $1,032,608,000. Boston Partners purchased a new stake in DXC Technology Company. in the 2nd quarter worth $932,573,000. Finally, Franklin Resources Inc. purchased a new stake in DXC Technology Company. in the 2nd quarter worth $514,971,000. Institutional investors and hedge funds own 85.05% of the company’s stock.

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 transaction of $3,251,280.00. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, EVP Michael G. Nefkens sold 128,328 shares of DXC Technology Company. stock in a transaction dated Monday, July 24th. The stock was sold at an average price of $80.03, for a total transaction of $10,270,089.84. Following the transaction, the executive vice president now directly owns 25,447 shares in the company, valued at $2,036,523.41. The disclosure for this sale can be found here. Insiders have sold 335,182 shares of company stock worth $27,671,761 over the last ninety days. 1.30% of the stock is owned by insiders.

DXC Technology Company. (NYSE:DXC) opened at 91.49 on Tuesday. The company’s 50-day moving average is $85.65 and its 200 day moving average is $79.82. The company has a market capitalization of $26.05 billion, a P/E ratio of 288.61 and a beta of 1.04. DXC Technology Company. has a one year low of $51.68 and a one year high of $93.40.

DXC Technology Company. (NYSE:DXC) last posted its quarterly earnings results on Tuesday, August 8th. The company reported $1.59 earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of $1.25 by $0.34. DXC Technology Company. had a net margin of 0.49% and a return on equity of 17.51%. The firm had revenue of $5.91 billion for the quarter, compared to the consensus estimate of $5.95 billion. On average, equities analysts anticipate that DXC Technology Company. will post $6.82 earnings per share for the current year.

The company also recently announced a quarterly dividend, which was paid on Wednesday, October 11th. Shareholders of record on Wednesday, September 6th were paid a dividend of $0.18 per share. This represents a $0.72 dividend on an annualized basis and a yield of 0.79%. The ex-dividend date of this dividend was Friday, September 1st. DXC Technology Company.’s dividend payout ratio (DPR) is presently -378.95%.

Several brokerages have recently issued reports on DXC. Evercore ISI began coverage on shares of DXC Technology Company. in a research report on Tuesday. They set an “outperform” rating and a $115.00 target price on the stock. Citigroup Inc. upped their target price on shares of DXC Technology Company. from $97.00 to $101.00 and gave the company a “buy” rating in a research report on Friday. Royal Bank Of Canada restated a “buy” rating and set a $87.00 target price on shares of DXC Technology Company. in a research report on Friday. Cantor Fitzgerald upped their target price on shares of DXC Technology Company. from $79.00 to $87.00 and gave the company a “neutral” rating in a research report on Friday. Finally, Zacks Investment Research upgraded shares of DXC Technology Company. from a “hold” rating to a “buy” rating and set a $99.00 target price on the stock in a research report on Tuesday, October 10th. Four equities research analysts have rated the stock with a hold rating, eleven have assigned a buy rating and one has issued a strong buy rating to the company. The company currently has a consensus rating of “Buy” and an average target price of $95.00.

TRADEMARK VIOLATION NOTICE: This news story was posted by The Ledger Gazette and is the sole property of of The Ledger Gazette. If you are viewing this news story on another site, it was copied illegally and reposted in violation of United States & international copyright & trademark legislation. The original version of this news story can be viewed at https://ledgergazette.com/2017/10/17/140164-shares-in-dxc-technology-company-dxc-acquired-by-royal-bank-of-canada.html.

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.

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

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