Meag Munich Ergo Kapitalanlagegesellschaft MBH lessened its stake in shares of DXC Technology Company. (NYSE:DXC) by 47.5% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 142,533 shares of the company’s stock after selling 129,083 shares during the quarter. Meag Munich Ergo Kapitalanlagegesellschaft MBH owned about 0.05% of DXC Technology Company. worth $12,123,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors also recently bought and sold shares of the stock. Vanguard Group Inc. increased 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 valued at $1,593,568,000 after acquiring an additional 20,704,283 shares during the period. BlackRock Inc. acquired a new position in shares of DXC Technology Company. during the second quarter valued at approximately $1,368,006,000. Dodge & Cox acquired a new position in shares of DXC Technology Company. during the second quarter valued at approximately $1,032,608,000. Boston Partners increased its stake in shares of DXC Technology Company. by 4.4% during the third quarter. Boston Partners now owns 12,688,006 shares of the company’s stock valued at $1,089,645,000 after acquiring an additional 532,468 shares during the period. Finally, State Street Corp acquired a new position in shares of DXC Technology Company. during the second quarter valued at approximately $898,855,000. Institutional investors and hedge funds own 85.82% of the company’s stock.

Shares of DXC Technology Company. (DXC) traded up $1.31 during trading hours on Friday, reaching $95.94. 1,290,200 shares of the company were exchanged, compared to its average volume of 1,620,620. The company has a market capitalization of $27,368.71, a PE ratio of 17.51, a price-to-earnings-growth ratio of 1.69 and a beta of 1.01. DXC Technology Company. has a 1 year low of $67.76 and a 1 year high of $99.00. The company has a quick ratio of 1.18, a current ratio of 1.00 and a debt-to-equity ratio of 0.51.

DXC Technology Company. (NYSE:DXC) last posted its quarterly earnings data on Tuesday, November 7th. The company reported $1.93 EPS for the quarter, topping analysts’ consensus estimates of $1.53 by $0.40. DXC Technology Company. had a net margin of 1.88% and a return on equity of 17.83%. The firm had revenue of $6.16 billion during the quarter, compared to analyst estimates of $6.07 billion. The business’s quarterly revenue was up 229.4% compared to the same quarter last year. research analysts predict that DXC Technology Company. will post 7.17 earnings per share for the current fiscal year.

A number of research analysts recently commented on the stock. Royal Bank Of Canada raised their price objective on shares of DXC Technology Company. from $87.00 to $99.00 and gave the company an “outperform” rating in a research note on Wednesday. Cowen and Company reiterated a “hold” rating and set a $77.00 price objective on shares of DXC Technology Company. in a research note on Thursday, August 10th. Stifel Nicolaus raised their price objective on shares of DXC Technology Company. from $86.00 to $100.00 and gave the company a “hold” rating in a research note on Wednesday. TheStreet upgraded shares of DXC Technology Company. from a “c” rating to a “b” rating in a research note on Tuesday, August 8th. Finally, Cantor Fitzgerald restated a “hold” rating and set a $93.00 target price on shares of DXC Technology Company. in a report on Wednesday. Three analysts have rated the stock with a hold rating, twelve have assigned a buy rating and one has assigned a strong buy rating to the company’s stock. The company presently has a consensus rating of “Buy” and a consensus price target of $99.56.

In related news, CFO Paul N. Saleh sold 80,922 shares of the firm’s stock in a transaction that occurred on Tuesday, August 15th. The shares were sold at an average price of $84.01, for a total value of $6,798,257.22. Following the completion of the transaction, the chief financial officer now owns 217,211 shares of the company’s stock, valued at approximately $18,247,896.11. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, EVP Michael G. Nefkens sold 35,340 shares of the firm’s stock in a transaction that occurred 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 disclosure for this sale can be found here. Company insiders own 1.30% of the company’s stock.

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About DXC Technology Company.

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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Institutional Ownership by Quarter for DXC Technology Company. (NYSE:DXC)

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