Vanguard Personalized Indexing Management LLC Buys 6,090 Shares of DXC Technology (NYSE:DXC)

Vanguard Personalized Indexing Management LLC increased its stake in DXC Technology (NYSE:DXC) by 54.7% during the 2nd quarter, HoldingsChannel reports. The institutional investor owned 17,232 shares of the company’s stock after acquiring an additional 6,090 shares during the quarter. Vanguard Personalized Indexing Management LLC’s holdings in DXC Technology were worth $329,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in DXC. Mather Group LLC. grew its holdings in DXC Technology by 55.0% during the 2nd quarter. Mather Group LLC. now owns 1,637 shares of the company’s stock worth $35,000 after acquiring an additional 581 shares in the last quarter. Fifth Third Bancorp boosted its position in DXC Technology by 40.1% during the 2nd quarter. Fifth Third Bancorp now owns 1,954 shares of the company’s stock valued at $37,000 after acquiring an additional 559 shares in the last quarter. Family Firm Inc. purchased a new position in shares of DXC Technology in the 2nd quarter valued at $37,000. Quarry LP bought a new position in shares of DXC Technology in the 4th quarter worth $51,000. Finally, Innealta Capital LLC purchased a new stake in shares of DXC Technology during the 2nd quarter worth $96,000. Institutional investors own 96.20% of the company’s stock.

Analyst Ratings Changes

DXC has been the topic of several analyst reports. Susquehanna lifted their target price on DXC Technology from $15.00 to $19.00 and gave the company a “neutral” rating in a research note on Wednesday, June 12th. BMO Capital Markets lifted their price objective on shares of DXC Technology from $17.50 to $22.00 and gave the stock a “market perform” rating in a research report on Friday, August 9th. Royal Bank of Canada increased their target price on shares of DXC Technology from $18.00 to $20.00 and gave the company a “sector perform” rating in a research report on Friday, August 9th. Finally, JPMorgan Chase & Co. raised their price objective on DXC Technology from $19.00 to $22.00 and gave the stock an “underweight” rating in a research report on Friday, September 6th. Three analysts have rated the stock with a sell rating and seven have issued a hold rating to the company’s stock. Based on data from MarketBeat.com, DXC Technology has an average rating of “Hold” and an average price target of $20.30.

Insider Buying and Selling at DXC Technology

In other DXC Technology news, EVP Mary E. Finch sold 31,047 shares of DXC Technology stock in a transaction dated Monday, August 12th. The stock was sold at an average price of $19.36, for a total transaction of $601,069.92. Following the completion of the transaction, the executive vice president now owns 325,665 shares in the company, valued at approximately $6,304,874.40. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. In other news, SVP Christopher Anthony Voci sold 2,500 shares of DXC Technology stock in a transaction that occurred on Friday, September 13th. The shares were sold at an average price of $21.37, for a total transaction of $53,425.00. Following the completion of the transaction, the senior vice president now directly owns 83,746 shares of the company’s stock, valued at approximately $1,789,652.02. The transaction was disclosed in a legal filing with the SEC, which is available through the SEC website. Also, EVP Mary E. Finch sold 31,047 shares of the stock in a transaction on Monday, August 12th. The stock was sold at an average price of $19.36, for a total transaction of $601,069.92. Following the sale, the executive vice president now directly owns 325,665 shares in the company, valued at $6,304,874.40. The disclosure for this sale can be found here. 0.54% of the stock is owned by corporate insiders.

DXC Technology Price Performance

Shares of DXC opened at $20.72 on Friday. The company has a debt-to-equity ratio of 1.21, a current ratio of 1.21 and a quick ratio of 1.21. The company’s fifty day moving average price is $20.15 and its 200-day moving average price is $19.44. DXC Technology has a 1-year low of $14.78 and a 1-year high of $25.14. The firm has a market capitalization of $3.74 billion, a PE ratio of 56.00, a price-to-earnings-growth ratio of 1.83 and a beta of 1.67.

DXC Technology (NYSE:DXC) last issued its earnings results on Thursday, August 8th. The company reported $0.74 EPS for the quarter, beating analysts’ consensus estimates of $0.57 by $0.17. The firm had revenue of $3.24 billion for the quarter, compared to analyst estimates of $3.14 billion. DXC Technology had a return on equity of 19.20% and a net margin of 0.60%. On average, equities research analysts predict that DXC Technology will post 2.89 EPS for the current year.

DXC Technology Profile

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).