Dorsey Wright & Associates grew its holdings in DXC Technology Company. (NYSE:DXC) by 6.7% during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 82,610 shares of the company’s stock after purchasing an additional 5,172 shares during the quarter. DXC Technology Company. comprises approximately 1.6% of Dorsey Wright & Associates’ portfolio, making the stock its 9th largest holding. Dorsey Wright & Associates’ holdings in DXC Technology Company. were worth $7,095,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also added to or reduced their stakes in DXC. Advisory Services Network LLC purchased a new position in DXC Technology Company. in the 2nd quarter worth approximately $101,000. Hanson McClain Inc. purchased a new stake in shares of DXC Technology Company. during the 2nd quarter valued at approximately $105,000. Pinebridge Investments L.P. purchased a new stake in shares of DXC Technology Company. during the 2nd quarter valued at approximately $106,000. Cribstone Capital Management LLC raised its position in shares of DXC Technology Company. by 4.7% during the 2nd quarter. Cribstone Capital Management LLC now owns 1,408 shares of the company’s stock valued at $108,000 after buying an additional 63 shares during the period. Finally, Oppenheimer Asset Management Inc. purchased a new stake in shares of DXC Technology Company. during the 2nd quarter valued at approximately $109,000. 85.91% of the stock is currently owned by institutional investors and hedge funds.

DXC Technology Company. (NYSE DXC) traded up $1.31 during trading on Monday, reaching $95.94. 1,290,200 shares of the company traded hands, compared to its average volume of 1,973,176. DXC Technology Company. has a 12-month low of $67.76 and a 12-month high of $99.00. The company has a debt-to-equity ratio of 0.51, a current ratio of 1.00 and a quick ratio of 1.00. The firm has a market cap of $27,370.00 and a P/E ratio of 17.51.

DXC Technology Company. (NYSE:DXC) last posted its earnings results on Tuesday, November 7th. The company reported $1.93 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of $1.53 by $0.40. DXC Technology Company. had a net margin of 1.88% and a return on equity of 17.83%. The firm had revenue of $6.16 billion during the quarter, compared to the consensus estimate of $6.07 billion. The company’s revenue for the quarter was up 229.4% compared to the same quarter last year. research analysts predict that DXC Technology Company. will post 7.17 earnings per share for the current year.

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In other DXC Technology Company. news, EVP Michael G. Nefkens sold 35,340 shares of the business’s stock in a transaction on Thursday, October 12th. The shares were sold at an average price of $92.00, for a total value of $3,251,280.00. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CFO Paul N. Saleh sold 80,922 shares of the business’s stock in a transaction on Tuesday, August 15th. The stock was sold at an average price of $84.01, for a total transaction of $6,798,257.22. Following the completion of the transaction, the chief financial officer now owns 217,211 shares of the company’s stock, valued at approximately $18,247,896.11. The disclosure for this sale can be found here. 1.30% of the stock is currently owned by company insiders.

DXC has been the topic of several analyst reports. Zacks Investment Research raised shares of DXC Technology Company. from a “hold” rating to a “buy” rating and set a $99.00 price target on the stock in a research report on Tuesday, October 10th. KeyCorp reaffirmed an “overweight” rating and set a $99.00 price target (up previously from $92.00) on shares of DXC Technology Company. in a research report on Monday, October 9th. Jefferies Group LLC lifted their price target on shares of DXC Technology Company. from $85.00 to $100.00 and gave the company a “buy” rating in a research report on Thursday, August 24th. Citigroup Inc. lifted their price target 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, October 13th. Finally, Morgan Stanley reaffirmed an “overweight” rating and set a $104.00 price target (up previously from $86.00) on shares of DXC Technology Company. in a research report on Wednesday, October 18th. They noted that the move was a valuation call. Four investment analysts have rated the stock with a hold rating, twelve have given a buy rating and one has assigned a strong buy rating to the company. The stock has an average rating of “Buy” and an average target price of $99.59.

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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