DXC Technology Company. (DXC) Shares Bought by Nationwide Fund Advisors
Nationwide Fund Advisors grew its holdings in DXC Technology Company. (NYSE:DXC) by 32.9% during the 3rd quarter, according to the company in its most recent disclosure with the SEC. The fund owned 613,656 shares of the company’s stock after purchasing an additional 151,792 shares during the quarter. Nationwide Fund Advisors owned about 0.22% of DXC Technology Company. worth $52,701,000 as of its most recent filing with the SEC.
Other large investors have also modified their holdings of the company. Advisory Services Network LLC acquired a new stake in shares of DXC Technology Company. in the second quarter valued at about $101,000. Hanson McClain Inc. acquired a new stake in shares of DXC Technology Company. in the second quarter valued at about $105,000. Pinebridge Investments L.P. acquired a new stake in shares of DXC Technology Company. in the second quarter valued at about $106,000. Oppenheimer Asset Management Inc. acquired a new stake in shares of DXC Technology Company. in the second quarter valued at about $109,000. Finally, Westside Investment Management Inc. grew its position in shares of DXC Technology Company. by 3.4% in the second quarter. Westside Investment Management Inc. now owns 1,512 shares of the company’s stock valued at $118,000 after purchasing an additional 50 shares during the last quarter. 83.08% of the stock is currently owned by institutional investors.
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In other DXC Technology Company. news, EVP Michael G. Nefkens sold 35,340 shares of the firm’s 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 legal filing with the Securities & Exchange Commission, which is available at this link. 1.30% of the stock is owned by company insiders.
Several brokerages have recently issued reports on DXC. Stifel Nicolaus reaffirmed a “hold” rating and issued a $86.00 price target on shares of DXC Technology Company. in a research report on Thursday, August 10th. BMO Capital Markets raised their price target on DXC Technology Company. from $105.00 to $110.00 and gave the company an “outperform” rating in a research report on Wednesday, November 8th. TheStreet raised DXC Technology Company. from a “c” rating to a “b” rating in a research report on Tuesday, August 8th. Cowen and Company reissued a “hold” rating and set a $77.00 target price on shares of DXC Technology Company. in a research report on Thursday, August 10th. Finally, Zacks Investment Research raised 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 research analysts have rated the stock with a hold rating, twelve have issued a buy rating and one has given a strong buy rating to the stock. DXC Technology Company. currently has a consensus rating of “Buy” and a consensus target price of $99.88.
DXC Technology Company. (NYSE DXC) opened at $97.79 on Thursday. The company has a market cap of $28,247.31, a PE ratio of 18.07, a price-to-earnings-growth ratio of 1.28 and a beta of 1.01. The company has a debt-to-equity ratio of 0.51, a quick ratio of 1.00 and a current ratio of 1.00. DXC Technology Company. has a one year low of $67.76 and a one year high of $99.44.
DXC Technology Company. (NYSE:DXC) last announced its quarterly earnings results on Tuesday, November 7th. The company reported $1.93 EPS for the quarter, topping analysts’ consensus estimates of $1.53 by $0.40. The firm had revenue of $6.16 billion during the quarter, compared to analysts’ expectations of $6.07 billion. DXC Technology Company. had a net margin of 1.88% and a return on equity of 17.83%. The company’s quarterly revenue was up 229.4% on a year-over-year basis. equities analysts expect that DXC Technology Company. will post 7.39 EPS for the current year.
The firm also recently declared a quarterly dividend, which will be paid on Tuesday, January 16th. Shareholders of record on Wednesday, December 6th will be paid a dividend of $0.18 per share. This represents a $0.72 dividend on an annualized basis and a yield of 0.74%. The ex-dividend date of this dividend is Tuesday, December 5th. DXC Technology Company.’s dividend payout ratio is 122.03%.
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.
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