DXC Technology (NYSE:DXC) Shares Sold by Dynamic Advisor Solutions LLC

Dynamic Advisor Solutions LLC reduced its position in shares of DXC Technology (NYSE:DXC) by 1.4% in the fourth quarter, HoldingsChannel.com reports. The firm owned 41,002 shares of the company’s stock after selling 574 shares during the period. Dynamic Advisor Solutions LLC’s holdings in DXC Technology were worth $819,000 at the end of the most recent reporting period.

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

DXC Technology Trading Down 0.3 %

NYSE DXC opened at $21.11 on Monday. The firm’s 50 day moving average price is $21.04 and its two-hundred day moving average price is $20.59. The company has a debt-to-equity ratio of 1.18, a quick ratio of 1.25 and a current ratio of 1.25. DXC Technology has a twelve month low of $14.78 and a twelve month high of $24.83. The stock has a market cap of $3.82 billion, a price-to-earnings ratio of 263.85, a PEG ratio of 1.34 and a beta of 1.66.

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

Analysts Set New Price Targets

DXC has been the subject of a number of research reports. BMO Capital Markets raised their target price on shares of DXC Technology from $22.00 to $25.00 and gave the stock a “market perform” rating in a report on Monday, November 11th. Susquehanna raised their price objective on DXC Technology from $19.00 to $23.00 and gave the stock a “neutral” rating in a research note on Friday, November 8th. One equities research analyst has rated the stock with a sell rating and seven have given a hold rating to the company. According to MarketBeat, DXC Technology presently has an average rating of “Hold” and a consensus price target of $20.88.

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).