50,181 Shares in DXC Technology (NYSE:DXC) Acquired by Empowered Funds LLC

Empowered Funds LLC bought a new position in shares of DXC Technology (NYSE:DXC) during the 4th quarter, according to the company in its most recent disclosure with the SEC. The fund bought 50,181 shares of the company’s stock, valued at approximately $1,003,000.

Other large investors have also modified their holdings of the company. Prospera Private Wealth LLC acquired a new position in DXC Technology in the third quarter valued at approximately $49,000. Brown Lisle Cummings Inc. raised its stake in shares of DXC Technology by 60.0% in the 4th quarter. Brown Lisle Cummings Inc. now owns 3,200 shares of the company’s stock valued at $64,000 after acquiring an additional 1,200 shares during the period. Carolina Wealth Advisors LLC acquired a new position in shares of DXC Technology in the 3rd quarter worth approximately $79,000. Quest Partners LLC purchased a new position in shares of DXC Technology during the 3rd quarter worth approximately $97,000. Finally, CWM LLC increased its holdings in DXC Technology by 63.2% in the 3rd quarter. CWM LLC now owns 6,341 shares of the company’s stock valued at $132,000 after purchasing an additional 2,456 shares during the last quarter. Hedge funds and other institutional investors own 96.20% of the company’s stock.

Analyst Ratings Changes

DXC has been the topic of a number of research reports. Susquehanna upped their price target on DXC Technology from $19.00 to $23.00 and gave the stock a “neutral” rating in a research note on Friday, November 8th. Morgan Stanley increased their target price on DXC Technology from $20.00 to $22.00 and gave the stock an “equal weight” rating in a research note on Friday, January 31st. Finally, BMO Capital Markets increased their price target on shares of DXC Technology from $22.00 to $25.00 and gave the stock a “market perform” rating in a research report on Monday, November 11th. One investment analyst has rated the stock with a sell rating and seven have issued a hold rating to the stock. According to data from MarketBeat, DXC Technology currently has a consensus rating of “Hold” and a consensus price target of $21.38.

DXC Technology Stock Down 1.1 %

DXC stock opened at $20.35 on Tuesday. The company’s 50 day moving average price is $20.81 and its 200 day moving average price is $20.76. The firm has a market capitalization of $3.68 billion, a price-to-earnings ratio of -48.44, a PEG ratio of 1.59 and a beta of 1.65. DXC Technology has a fifty-two week low of $14.78 and a fifty-two week high of $24.83. The company has a debt-to-equity ratio of 1.12, a quick ratio of 1.25 and a current ratio of 1.34.

DXC Technology (NYSE:DXC) last issued its earnings results on Tuesday, February 4th. The company reported $0.92 EPS for the quarter, topping analysts’ consensus estimates of $0.69 by $0.23. DXC Technology had a negative net margin of 0.57% and a positive return on equity of 20.70%. On average, equities research analysts anticipate that DXC Technology will post 3.36 EPS for the current fiscal year.

DXC Technology Company 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).