Winton Capital Group Ltd buys $55,996,157 stake in Computer Sciences Corporation (CSC)

Computer Sciences Corporation (CSC) : Winton Capital Group Ltd scooped up 203,251 additional shares in Computer Sciences Corporation during the most recent quarter end , the firm said in a disclosure report filed with the SEC on Aug 12, 2016. The investment management firm now holds a total of 1,199,318 shares of Computer Sciences Corporation which is valued at $55,996,157.Computer Sciences Corporation makes up approximately 0.88% of Winton Capital Group Ltd’s portfolio.

Other Hedge Funds, Including , Salem Investment Counselors Inc added CSC to its portfolio by purchasing 41,950 company shares during the most recent quarter which is valued at $1,958,646. Computer Sciences Corporation makes up approx 0.23% of Salem Investment Counselors Inc’s portfolio.Advantus Capital Management Inc reduced its stake in CSC by selling 1,817 shares or 9.76% in the most recent quarter. The Hedge Fund company now holds 16,795 shares of CSC which is valued at $784,159. Computer Sciences Corporation makes up approx 0.02% of Advantus Capital Management Inc’s portfolio.Eagleclaw Capital Managment reduced its stake in CSC by selling 300 shares or 1.06% in the most recent quarter. The Hedge Fund company now holds 27,888 shares of CSC which is valued at $1,311,573. Computer Sciences Corporation makes up approx 0.84% of Eagleclaw Capital Managment’s portfolio. Ngam Advisors added CSC to its portfolio by purchasing 14,635 company shares during the most recent quarter which is valued at $697,211. Computer Sciences Corporation makes up approx 0.01% of Ngam Advisors’s portfolio.Lasalle Street Capital Management reduced its stake in CSC by selling 7,839 shares or 13.82% in the most recent quarter. The Hedge Fund company now holds 48,875 shares of CSC which is valued at $2,372,881. Computer Sciences Corporation makes up approx 2.20% of Lasalle Street Capital Management’s portfolio.

Computer Sciences Corporation opened for trading at $45.92 and hit $46.97 on the upside on Monday, eventually ending the session at $46.61, with a gain of 1.39% or 0.64 points. The heightened volatility saw the trading volume jump to 8,38,514 shares. Company has a market cap of $6,545 M.

On the company’s financial health, Computer Sciences Corporation reported $0.53 EPS for the quarter, beating the analyst consensus estimate by $ 0.08 according to the earnings call on Aug 8, 2016. Analyst had a consensus of $0.45. The company had revenue of $1930.00 million for the quarter, compared to analysts expectations of $1905.26 million. The company’s revenue was up 7.0% compared to the same quarter last year. During the same quarter in the previous year, the company posted $1.11 EPS.

Many Wall Street Analysts have commented on Computer Sciences Corporation. Computer Sciences Corporation was Downgraded by Raymond James to ” Mkt Perform” on May 25, 2016. Company shares were Upgraded by Barclays on May 25, 2016 to ” Overweight”, Firm has raised the Price Target to $ 54 from a previous price target of $35 .

Computer Sciences Corporation (CSC) is a global provider of information technology (IT) and professional services and solutions. The Company operates through three segments: Global Business Services (GBS) which is a provider of various technology solutions including consulting applications services and software; Global Infrastructure Services (GIS) which provides solutions such as managed and virtual desktop solutions and data center management and North American Public Sector (NPS) which delivers IT mission and operations-related services. Its subsidiary ServiceMesh Inc. (ServiceMesh) is a provider of enterprise cloud management software. ServiceMesh also provides various other services such as tiered services levels different levels of security self-service options governance policy and real time monitoring. CSC’s subsidiary Fruition Partners provides technology-enabled solutions for the service-management sector and provides support for ServiceNow-related software

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