9,061 Shares in DXC Technology (NYSE:DXC) Acquired by Savant Capital LLC

Savant Capital LLC purchased a new stake in DXC Technology (NYSE:DXC) in the 4th quarter, according to its most recent filing with the SEC. The fund purchased 9,061 shares of the company’s stock, valued at approximately $207,000.

Other institutional investors also recently bought and sold shares of the company. Versant Capital Management Inc grew its position in shares of DXC Technology by 3,525.9% in the fourth quarter. Versant Capital Management Inc now owns 2,103 shares of the company’s stock valued at $48,000 after purchasing an additional 2,045 shares during the period. GAMMA Investing LLC acquired a new stake in DXC Technology in the 4th quarter worth about $49,000. Headlands Technologies LLC purchased a new stake in DXC Technology in the 3rd quarter valued at about $67,000. NBC Securities Inc. acquired a new position in shares of DXC Technology during the 3rd quarter valued at about $94,000. Finally, V Square Quantitative Management LLC purchased a new position in shares of DXC Technology during the 3rd quarter worth about $197,000. 96.20% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

Several equities research analysts recently issued reports on the stock. Citigroup cut shares of DXC Technology from a “neutral” rating to a “sell” rating and decreased their target price for the stock from $24.00 to $21.00 in a research report on Wednesday, January 17th. Guggenheim initiated coverage on shares of DXC Technology in a report on Tuesday, March 19th. They issued a “neutral” rating and a $22.00 price target on the stock. JPMorgan Chase & Co. cut shares of DXC Technology from a “neutral” rating to an “underweight” rating and lowered their price objective for the company from $27.00 to $24.00 in a research note on Wednesday, January 24th. Finally, Royal Bank of Canada reaffirmed a “sector perform” rating and issued a $24.00 target price on shares of DXC Technology in a research report on Friday, February 2nd. Three research analysts have rated the stock with a sell rating and six have given a hold rating to the company’s stock. According to data from MarketBeat, the stock presently has an average rating of “Hold” and an average price target of $23.20.

DXC Technology Stock Down 0.0 %

Shares of NYSE DXC opened at $19.71 on Wednesday. The stock has a fifty day moving average price of $20.60 and a 200 day moving average price of $21.80. The company has a current ratio of 1.11, a quick ratio of 1.11 and a debt-to-equity ratio of 1.15. DXC Technology has a 12-month low of $18.61 and a 12-month high of $28.89. The company has a market cap of $3.60 billion, a P/E ratio of -10.32, a P/E/G ratio of 1.72 and a beta of 1.85.

Insider Transactions at DXC Technology

In other news, EVP William L. Deckelman, Jr. sold 18,102 shares of the stock in a transaction dated Thursday, February 29th. The stock was sold at an average price of $21.73, for a total value of $393,356.46. Following the completion of the sale, the executive vice president now owns 124,806 shares in the company, valued at $2,712,034.38. The transaction was disclosed in a legal filing with the SEC, which is available through this link. Company insiders own 0.87% of the company’s stock.

About DXC Technology

DXC Technology Company, together with its subsidiaries, provides information technology services and solutions primarily 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).