1 week Ago By ABMN Staff
Wells Fargo & Company MN lessened its position in DXC Technology ( NYSE:DXC – Free Report ) by 15.8% during the 4th quarter, Holdings Channel reports. The firm owned 116,345 shares of the company’s stock after selling 21,776 shares during the quarter.
Wells Fargo & Company MN’s holdings in DXC Technology were worth $2,325,000 at the end of the most recent reporting period. A number of other institutional investors also recently modified their holdings of the company. Newbridge Financial Services Group Inc.
raised its stake in shares of DXC Technology by 116.1% in the fourth quarter. Newbridge Financial Services Group Inc.
now owns 1,675 shares of the company’s stock worth $33,000 after acquiring an additional 900 shares during the last quarter. Meeder Asset Management Inc. bought a new position in shares of DXC Technology during the 4th quarter valued at about $55,000.
Smartleaf Asset Management LLC increased its position in shares of DXC Technology by 366.4% during the fourth quarter. Smartleaf Asset Management LLC now owns 2,999 shares of the company’s stock worth $60,000 after acquiring an additional 2,356 shares in the last quarter.
Brown Lisle Cummings Inc. lifted its holdings in shares of DXC Technology by 60.0% in the fourth quarter.
Brown Lisle Cummings Inc. now owns 3,200 shares of the company’s stock valued at $64,000 after purchasing an additional 1,200 shares in the last quarter. Finally, Matrix Trust Co boosted its position in DXC Technology by 347.
2% during the 4th quarter. Matrix Trust Co now owns 9,343 shares of the company’s stock worth $187,000 after acquiring an additional 7,254 shares during the last quarter. Institutional investors own 96.
20% of the company’s stock. Analyst Upgrades and Downgrades Several research firms recently issued reports on DXC. Morgan Stanley upped their target price on DXC Technology from $20.
00 to $22.00 and gave the stock an “equal weight” rating in a report on Friday, January 31st. Susquehanna dropped their price target on DXC Technology from $23.
00 to $16.00 and set a “neutral” rating for the company in a report on Wednesday. One research analyst has rated the stock with a sell rating and six have issued a hold rating to the company’s stock.
Based on data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and a consensus target price of $20.29.
DXC Technology Price Performance Shares of DXC stock opened at $15.29 on Friday. DXC Technology has a twelve month low of $13.
44 and a twelve month high of $24.83. The company has a quick ratio of 1.
34, a current ratio of 1.34 and a debt-to-equity ratio of 1.12.
The business has a fifty day simple moving average of $16.71 and a 200 day simple moving average of $19.53.
The company has a market cap of $2.77 billion, a P/E ratio of -36.40, a P/E/G ratio of 1.
16 and a beta of 1.37. DXC Technology ( NYSE:DXC – Get Free Report ) last posted its quarterly earnings results on Tuesday, February 4th.
The company reported $0.92 earnings per share for the quarter, beating analysts’ consensus estimates of $0.69 by $0.
23. DXC Technology had a negative net margin of 0.57% and a positive return on equity of 20.
70%. On average, sell-side analysts forecast that DXC Technology will post 3.35 EPS for the current fiscal year.
DXC Technology Company Profile ( Free Report ) DXC Technology Company, together with its subsidiaries, provides information technology services and solutions in the United States, the United Kingdom, rest of Europe, Australia, and internationally. It operates in two segments, Global Business Services (GBS) and Global Infrastructure Services (GIS). Recommended Stories Want to see what other hedge funds are holding DXC? Visit HoldingsChannel.
com to get the latest 13F filings and insider trades for DXC Technology ( NYSE:DXC – Free Report ). Receive News & Ratings for DXC Technology Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for DXC Technology and related companies with MarketBeat.com's FREE daily email newsletter .
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