DXC Technology Company. (DXC) Holdings Raised by Calamos Advisors LLC

Calamos Advisors LLC boosted its holdings in shares of DXC Technology Company. (NYSE:DXC) by 3.8% in the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 43,143 shares of the company’s stock after purchasing an additional 1,588 shares during the period. Calamos Advisors LLC’s holdings in DXC Technology Company. were worth $3,705,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also added to or reduced their stakes in the business. Aperio Group LLC lifted its stake in DXC Technology Company. by 3.4% during the third quarter. Aperio Group LLC now owns 130,442 shares of the company’s stock worth $11,202,000 after purchasing an additional 4,284 shares during the last quarter. Huntington National Bank acquired a new position in shares of DXC Technology Company. during the third quarter worth $959,000. First Trust Advisors LP increased its holdings in shares of DXC Technology Company. by 63.5% during the third quarter. First Trust Advisors LP now owns 356,468 shares of the company’s stock worth $30,613,000 after buying an additional 138,417 shares in the last quarter. Boston Advisors LLC acquired a new position in shares of DXC Technology Company. during the third quarter worth $26,636,000. Finally, Nationwide Fund Advisors increased its holdings in shares of DXC Technology Company. by 32.9% during the third quarter. Nationwide Fund Advisors now owns 613,656 shares of the company’s stock worth $52,701,000 after buying an additional 151,792 shares in the last quarter. Hedge funds and other institutional investors own 85.57% of the company’s stock.

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DXC Technology Company. (NYSE:DXC) last posted its quarterly earnings data on Tuesday, August 8th. The company reported $1.59 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates 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 company had revenue of $5.91 billion during the quarter, compared to the consensus estimate of $5.95 billion.

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, October 11th. Stockholders of record on Wednesday, September 6th were issued a dividend of $0.18 per share. This represents a $0.72 dividend on an annualized basis and a dividend yield of 0.79%. The ex-dividend date was Friday, September 1st. DXC Technology Company.’s dividend payout ratio is currently -378.95%.

Several research analysts have recently issued reports on the stock. Cowen and Company reiterated a “hold” rating and set a $77.00 price target on shares of DXC Technology Company. in a report on Thursday, August 10th. TheStreet upgraded shares of DXC Technology Company. from a “c” rating to a “b” rating in a report on Tuesday, August 8th. Stifel Nicolaus reiterated a “hold” rating and set a $86.00 price target on shares of DXC Technology Company. in a report on Thursday, August 10th. 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 report on Friday, July 21st. Finally, Cantor Fitzgerald reiterated a “hold” rating and set a $79.00 price target on shares of DXC Technology Company. in a report on Friday, August 11th. Three analysts have rated the stock with a hold rating, twelve 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 target price of $96.38.

In other news, CFO Paul N. Saleh sold 80,922 shares of DXC Technology Company. stock in a transaction on Tuesday, August 15th. The shares were sold at an average price of $84.01, for a total transaction of $6,798,257.22. Following the completion of the sale, the chief financial officer now directly owns 217,211 shares of the company’s stock, valued at approximately $18,247,896.11. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, CFO Paul N. Saleh sold 40,460 shares of DXC Technology Company. stock in a transaction on Wednesday, August 9th. The stock was sold at an average price of $82.54, for a total transaction of $3,339,568.40. Following the sale, the chief financial officer now directly owns 136,384 shares of the company’s stock, valued at $11,257,135.36. The disclosure for this sale can be found here. Insiders have sold a total of 156,722 shares of company stock valued at $13,389,106 over the last ninety days. 1.30% of the stock is currently owned by insiders.

DXC Technology 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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