Catalyst Capital Advisors LLC increased its holdings in DXC Technology Company. (NYSE:DXC) by 4.3% in the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 146,164 shares of the company’s stock after purchasing an additional 6,000 shares during the period. DXC Technology Company. accounts for 0.5% of Catalyst Capital Advisors LLC’s investment portfolio, making the stock its 29th biggest position. Catalyst Capital Advisors LLC owned about 0.05% of DXC Technology Company. worth $12,552,000 as of its most recent SEC filing.
Other large investors have also made changes to their positions in the company. Vanguard Group Inc. lifted its stake in shares of DXC Technology Company. by 30,928.2% during the second quarter. Vanguard Group Inc. now owns 20,771,226 shares of the company’s stock worth $1,593,568,000 after purchasing an additional 20,704,283 shares in the last quarter. BlackRock Inc. acquired a new position in shares of DXC Technology Company. in the second quarter worth about $1,368,006,000. Dodge & Cox acquired a new position in shares of DXC Technology Company. in the second quarter worth about $1,032,608,000. Boston Partners lifted its stake in shares of DXC Technology Company. by 4.4% in the third quarter. Boston Partners now owns 12,688,006 shares of the company’s stock worth $1,089,645,000 after acquiring an additional 532,468 shares in the last quarter. Finally, State Street Corp acquired a new position in shares of DXC Technology Company. in the second quarter worth about $898,855,000. 83.08% of the stock is owned by institutional investors and hedge funds.
Several research firms recently commented on DXC. Cowen and Company reiterated a “hold” rating and issued a $77.00 price target on shares of DXC Technology Company. in a research note on Thursday, August 10th. SunTrust Banks, Inc. boosted their price objective on DXC Technology Company. to $100.00 and gave the company a “hold” rating in a report on Monday, November 13th. TheStreet raised DXC Technology Company. from a “c” rating to a “b” rating in a report on Tuesday, August 8th. Cantor Fitzgerald reissued a “hold” rating and issued a $79.00 price objective on shares of DXC Technology Company. in a report on Friday, August 11th. Finally, BMO Capital Markets reissued an “outperform” rating and issued a $94.00 price objective (up from $92.00) on shares of DXC Technology Company. in a report on Wednesday, August 9th. Four investment analysts have rated the stock with a hold rating, twelve have given a buy rating and one has assigned a strong buy rating to the company’s stock. DXC Technology Company. currently has a consensus rating of “Buy” and an average target price of $99.59.
In other news, EVP Michael G. Nefkens sold 35,340 shares of the stock in a transaction on Thursday, October 12th. The stock was sold at an average price of $92.00, for a total transaction of $3,251,280.00. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. 1.30% of the stock is currently owned by corporate insiders.
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DXC Technology Company. (NYSE:DXC) traded down $0.42 on Monday, reaching $96.90. The company’s stock had a trading volume of 1,097,300 shares, compared to its average volume of 1,953,194. The firm has a market capitalization of $27,640.00 and a P/E ratio of 17.68. The company has a debt-to-equity ratio of 0.51, a current ratio of 1.00 and a quick ratio of 1.00. DXC Technology Company. has a 12-month low of $67.76 and a 12-month high of $99.00.
DXC Technology Company. (NYSE:DXC) last announced its quarterly earnings data on Tuesday, November 7th. The company reported $1.93 EPS for the quarter, beating analysts’ consensus estimates of $1.53 by $0.40. DXC Technology Company. had a return on equity of 17.83% and a net margin of 1.88%. The company had revenue of $6.16 billion during the quarter, compared to the consensus estimate of $6.07 billion. The business’s revenue for the quarter was up 229.4% compared to the same quarter last year. research analysts predict that DXC Technology Company. will post 7.39 earnings per share for the current fiscal year.
The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, January 16th. Stockholders of record on Wednesday, December 6th will be given a dividend of $0.18 per share. The ex-dividend date of this dividend is Tuesday, December 5th. This represents a $0.72 dividend on an annualized basis and a dividend yield of 0.74%.
DXC Technology Company. Profile
DXC Technology Company, together with its subsidiaries, provides information technology services and solutions primarily in North America, Europe, Asia, and Australia. It operates through two segments, Global Business Services (GBS) and Global Infrastructure Services (GIS). The GBS segment offers technology solutions comprising consulting, applications services, and software.
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