DXC Technology (NYSE:DXC) Stock Holdings Trimmed by Nisa Investment Advisors LLC

Nisa Investment Advisors LLC decreased its holdings in DXC Technology (NYSE:DXCFree Report) by 7.6% in the 4th quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 15,610 shares of the company’s stock after selling 1,275 shares during the quarter. Nisa Investment Advisors LLC’s holdings in DXC Technology were worth $312,000 as of its most recent filing with the SEC.

A number of other large investors also recently modified their holdings of the business. Millennium Management LLC boosted its stake in shares of DXC Technology by 352.6% during the 2nd quarter. Millennium Management LLC now owns 625,197 shares of the company’s stock worth $11,935,000 after acquiring an additional 487,072 shares in the last quarter. Barclays PLC raised its holdings in shares of DXC Technology by 273.6% during the third quarter. Barclays PLC now owns 85,831 shares of the company’s stock valued at $1,781,000 after acquiring an additional 62,857 shares during the period. Point72 Asset Management L.P. purchased a new stake in shares of DXC Technology in the 3rd quarter valued at approximately $1,438,000. Dynamic Technology Lab Private Ltd acquired a new position in DXC Technology in the 3rd quarter worth approximately $1,904,000. Finally, Royce & Associates LP grew its position in DXC Technology by 124.7% during the 3rd quarter. Royce & Associates LP now owns 91,971 shares of the company’s stock worth $1,908,000 after purchasing an additional 51,041 shares in the last quarter. 96.20% of the stock is owned by institutional investors and hedge funds.

DXC Technology Trading Up 1.0 %

NYSE:DXC opened at $21.63 on Thursday. The stock’s 50 day moving average price is $21.12 and its 200 day moving average price is $20.63. DXC Technology has a 52 week low of $14.78 and a 52 week high of $24.83. The company has a market capitalization of $3.92 billion, a P/E ratio of 270.46, a P/E/G ratio of 1.34 and a beta of 1.66. The company has a debt-to-equity ratio of 1.18, a quick ratio of 1.25 and a current ratio of 1.25.

DXC Technology (NYSE:DXCGet Free Report) last posted its earnings results on Thursday, November 7th. The company reported $0.93 EPS for the quarter, topping the consensus estimate of $0.72 by $0.21. DXC Technology had a net margin of 0.18% and a return on equity of 20.42%. The firm had revenue of $3.24 billion for the quarter, compared to the consensus estimate of $3.21 billion. During the same period in the prior year, the business posted $0.70 earnings per share. On average, research analysts forecast that DXC Technology will post 3.18 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

DXC has been the subject of a number of research analyst reports. Susquehanna raised their target price on DXC Technology from $19.00 to $23.00 and gave the stock a “neutral” rating in a research report on Friday, November 8th. BMO Capital Markets lifted their target price on DXC Technology from $22.00 to $25.00 and gave the company a “market perform” rating in a research note on Monday, November 11th. One analyst has rated the stock with a sell rating and seven have given a hold rating to the company’s stock. According to MarketBeat.com, DXC Technology currently has an average rating of “Hold” and an average price target of $20.88.

Check Out Our Latest Stock Analysis on DXC Technology

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).

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Institutional Ownership by Quarter for DXC Technology (NYSE:DXC)

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