Signaturefd LLC raised its holdings in DXC Technology Company. (NYSE:DXC – Free Report) by 187.3% in the 2nd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 3,054 shares of the company’s stock after buying an additional 1,991 shares during the period. Signaturefd LLC’s holdings in DXC Technology were worth $47,000 as of its most recent SEC filing.
Several other hedge funds and other institutional investors also recently added to or reduced their stakes in the business. State of Alaska Department of Revenue boosted its position in DXC Technology by 57.6% in the 2nd quarter. State of Alaska Department of Revenue now owns 299,986 shares of the company’s stock valued at $4,586,000 after buying an additional 109,668 shares during the period. CX Institutional boosted its position in DXC Technology by 185.6% in the 2nd quarter. CX Institutional now owns 412,484 shares of the company’s stock valued at $6,307,000 after buying an additional 268,058 shares during the period. CHICAGO TRUST Co NA boosted its position in DXC Technology by 13.1% in the 2nd quarter. CHICAGO TRUST Co NA now owns 12,141 shares of the company’s stock valued at $186,000 after buying an additional 1,402 shares during the period. U.S. Capital Wealth Advisors LLC purchased a new position in DXC Technology in the 2nd quarter valued at approximately $186,000. Finally, Matrix Trust Co boosted its position in DXC Technology by 43.5% in the 2nd quarter. Matrix Trust Co now owns 20,945 shares of the company’s stock valued at $320,000 after buying an additional 6,345 shares during the period. Hedge funds and other institutional investors own 96.20% of the company’s stock.
DXC Technology Price Performance
Shares of NYSE:DXC opened at $13.65 on Tuesday. The company’s fifty day moving average price is $13.89 and its 200 day moving average price is $14.86. DXC Technology Company. has a 12 month low of $12.24 and a 12 month high of $24.83. The company has a debt-to-equity ratio of 0.90, a current ratio of 1.22 and a quick ratio of 1.22. The firm has a market capitalization of $2.44 billion, a P/E ratio of 6.63 and a beta of 1.12.
Analysts Set New Price Targets
Several equities analysts have commented on DXC shares. Royal Bank Of Canada decreased their price target on shares of DXC Technology from $18.00 to $16.00 and set a “sector perform” rating for the company in a research report on Friday, August 1st. Morgan Stanley decreased their price target on shares of DXC Technology from $16.00 to $15.00 and set an “equal weight” rating for the company in a research report on Friday, August 1st. Wall Street Zen raised shares of DXC Technology from a “hold” rating to a “buy” rating in a research report on Sunday, July 20th. JPMorgan Chase & Co. decreased their price objective on shares of DXC Technology from $18.00 to $14.00 and set an “underweight” rating for the company in a research report on Wednesday, August 20th. Finally, Weiss Ratings reaffirmed a “sell (d)” rating on shares of DXC Technology in a research report on Saturday, September 27th. Five investment analysts have rated the stock with a Hold rating and two have assigned a Sell rating to the stock. According to MarketBeat.com, the company presently has an average rating of “Reduce” and an average target price of $15.60.
View Our Latest Research Report on DXC Technology
Insider Buying and Selling
In related news, SVP Christopher Anthony Voci sold 2,500 shares of DXC Technology stock in a transaction on Thursday, September 11th. The shares were sold at an average price of $14.52, for a total transaction of $36,300.00. Following the sale, the senior vice president directly owned 91,105 shares in the company, valued at $1,322,844.60. This trade represents a 2.67% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. 0.61% of the stock is owned by corporate insiders.
About DXC Technology
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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