DXC Technology (NYSE:DXC) Shares Acquired by Barclays PLC

Barclays PLC increased its position in DXC Technology (NYSE:DXC) by 273.6% in the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 85,831 shares of the company’s stock after purchasing an additional 62,857 shares during the quarter. Barclays PLC’s holdings in DXC Technology were worth $1,781,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors have also added to or reduced their stakes in the company. William B. Walkup & Associates Inc. purchased a new position in shares of DXC Technology during the 2nd quarter valued at approximately $26,000. Matrix Trust Co acquired a new stake in DXC Technology in the third quarter valued at $43,000. Prospera Private Wealth LLC acquired a new stake in DXC Technology in the third quarter valued at $49,000. GAMMA Investing LLC grew its holdings in DXC Technology by 48.7% during the 3rd quarter. GAMMA Investing LLC now owns 3,425 shares of the company’s stock worth $71,000 after acquiring an additional 1,122 shares in the last quarter. Finally, Carolina Wealth Advisors LLC bought a new stake in shares of DXC Technology in the 3rd quarter worth about $79,000. 96.20% of the stock is owned by institutional investors and hedge funds.

DXC Technology Stock Performance

Shares of DXC stock opened at $19.50 on Friday. The company has a market cap of $3.53 billion, a P/E ratio of 243.78, a PEG ratio of 1.40 and a beta of 1.66. The business has a 50 day moving average of $21.27 and a two-hundred day moving average of $20.44. DXC Technology has a 52 week low of $14.78 and a 52 week high of $24.83. The company has a quick ratio of 1.25, a current ratio of 1.25 and a debt-to-equity ratio of 1.18.

DXC Technology (NYSE:DXC) last released its quarterly earnings data on Thursday, November 7th. The company reported $0.93 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.72 by $0.21. DXC Technology had a return on equity of 20.42% and a net margin of 0.18%. The business had revenue of $3.24 billion during the quarter, compared to analyst estimates of $3.21 billion. During the same quarter in the previous year, the firm posted $0.70 EPS. As a group, analysts anticipate that DXC Technology will post 3.18 EPS for the current year.

Wall Street Analysts Forecast Growth

Several brokerages have recently commented on DXC. Susquehanna increased their price target on shares of 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 increased their target price on DXC Technology from $22.00 to $25.00 and gave the stock a “market perform” rating in a report on Monday, November 11th. Two research analysts have rated the stock with a sell rating and seven have assigned a hold rating to the stock. Based on data from MarketBeat, DXC Technology presently has an average rating of “Hold” and a consensus price target of $20.89.

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).