Shares of Computer Sciences Co. (NYSE:CSC) have been assigned an average recommendation of “Hold” from the seventeen analysts that are covering the company, Analyst Ratings Net reports. Two research analysts have rated the stock with a sell recommendation, ten have assigned a hold recommendation and five have given a buy recommendation to the company. The average 12 month price objective among brokers that have issued a report on the stock in the last year is $57.11.

In other news, CEO John M. Lawrie sold 16,771 shares of Computer Sciences stock in a transaction that occurred on Thursday, December 3rd. The shares were sold at an average price of $30.78, for a total transaction of $516,211.38. Following the completion of the transaction, the chief executive officer now directly owns 351,264 shares of the company’s stock, valued at approximately $10,811,905.92. The transaction was disclosed in a legal filing with the SEC, which is available through the SEC website. Also, CFO Paul N. Saleh sold 198,109 shares of Computer Sciences stock in a transaction that occurred on Wednesday, November 4th. The shares were sold at an average price of $68.00, for a total transaction of $13,471,412.00. Following the transaction, the chief financial officer now directly owns 42,472 shares of the company’s stock, valued at $2,888,096. The disclosure for this sale can be found here.

Several institutional investors have recently bought and sold shares of CSC. Simplex Trading raised its position in Computer Sciences by 154.5% in the fourth quarter. Simplex Trading now owns 56 shares of the company’s stock valued at $0 after buying an additional 34 shares during the period. Northcoast Asset Management raised its position in Computer Sciences by 7.1% in the third quarter. Northcoast Asset Management now owns 58,542 shares of the company’s stock valued at $3,593,000 after buying an additional 3,872 shares during the period. Oakbrook Investments LLC raised its position in Computer Sciences by 55.1% in the fourth quarter. Oakbrook Investments LLC now owns 14,002 shares of the company’s stock valued at $458,000 after buying an additional 4,975 shares during the period. Janus Capital Management raised its position in Computer Sciences by 90.4% in the third quarter. Janus Capital Management now owns 18,406 shares of the company’s stock valued at $1,130,000 after buying an additional 8,740 shares during the period. Finally, Nordea Investment Management AB raised its position in Computer Sciences by 41.8% in the fourth quarter. Nordea Investment Management AB now owns 38,600 shares of the company’s stock valued at $1,261,000 after buying an additional 11,385 shares during the period.

Computer Sciences (NYSE:CSC) traded up 1.12% during mid-day trading on Wednesday, hitting $30.61. The stock had a trading volume of 1,055,919 shares. The firm has a market cap of $4.25 billion and a P/E ratio of 201.38. The stock has a 50 day moving average of $30.78 and a 200-day moving average of $28.32. Computer Sciences has a 1-year low of $24.77 and a 1-year high of $33.66.

Computer Sciences (NYSE:CSC) last released its quarterly earnings results on Wednesday, November 4th. The company reported $1.19 earnings per share for the quarter, beating analysts’ consensus estimates of $1.14 by $0.05. During the same quarter in the prior year, the business posted $1.18 earnings per share. The firm earned $2.71 billion during the quarter, compared to the consensus estimate of $2.79 billion. The firm’s quarterly revenue was down 11.9% on a year-over-year basis. Analysts predict that Computer Sciences will post $2.60 EPS for the current fiscal year.

The company also recently announced a quarterly dividend, which was paid on Tuesday, January 26th. Stockholders of record on Tuesday, January 5th were issued a dividend of $0.14 per share. This represents a $0.56 annualized dividend and a dividend yield of 1.85%. This is an increase from Computer Sciences’s previous quarterly dividend of $0.13. The ex-dividend date of this dividend was Thursday, December 31st.

CSC has been the topic of a number of recent analyst reports. TheStreet cut shares of Computer Sciences from a “buy” rating to a “hold” rating in a report on Tuesday, December 8th. Barclays lowered their price target on shares of Computer Sciences from $67.00 to $64.00 and set an “equal weight” rating on the stock in a report on Monday, November 2nd. Zacks Investment Research upgraded shares of Computer Sciences from a “hold” rating to a “buy” rating and set a $67.00 price target on the stock in a report on Tuesday, September 29th. Raymond James lowered their price target on shares of Computer Sciences from $81.00 to $35.00 and set an “outperform” rating on the stock in a report on Wednesday, December 16th. Finally, Cantor Fitzgerald restated a “hold” rating on shares of Computer Sciences in a report on Monday, January 4th.

Computer Sciences Corporation (NYSE: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

12 Month Chart for NYSE:CSC

Receive News & Ratings for Computer Sciences Co. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Computer Sciences Co. and related companies with MarketBeat.com's FREE daily email newsletter.