Zweig DiMenna Associates LLC lessened its holdings in DXC Technology Company. (NYSE:DXC) by 44.4% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 127,200 shares of the company’s stock after selling 101,470 shares during the period. Zweig DiMenna Associates LLC’s holdings in DXC Technology Company. were worth $10,924,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors have also made changes to their positions in the company. Advisory Services Network LLC acquired a new position in shares of DXC Technology Company. in the 2nd quarter valued at $101,000. Hanson McClain Inc. acquired a new position in shares of DXC Technology Company. in the 2nd quarter valued at $105,000. Pinebridge Investments L.P. acquired a new position in shares of DXC Technology Company. in the 2nd quarter valued at $106,000. Oppenheimer Asset Management Inc. acquired a new position in shares of DXC Technology Company. in the 2nd quarter valued at $109,000. Finally, Cribstone Capital Management LLC lifted its stake in shares of DXC Technology Company. by 4.7% in the 2nd quarter. Cribstone Capital Management LLC now owns 1,408 shares of the company’s stock valued at $108,000 after purchasing an additional 63 shares during the last quarter. 85.82% of the stock is currently owned by institutional investors and hedge funds.

Several equities analysts recently issued reports on the company. Barclays PLC increased their target price on DXC Technology Company. from $90.00 to $100.00 and gave the stock an “overweight” rating in a research note on Thursday, October 12th. KeyCorp reissued an “overweight” rating and set a $99.00 target price (up previously from $92.00) on shares of DXC Technology Company. in a research note on Monday, October 9th. Jefferies Group LLC increased their target price on DXC Technology Company. from $85.00 to $100.00 and gave the stock a “buy” rating in a research note on Thursday, August 24th. Cantor Fitzgerald reissued a “hold” rating and set a $79.00 target price on shares of DXC Technology Company. in a research note on Friday, August 11th. Finally, Citigroup Inc. increased their target price on DXC Technology Company. from $97.00 to $101.00 and gave the stock a “buy” rating in a research note on Friday, October 13th. Three investment analysts have rated the stock with a hold rating, twelve have issued a buy rating and one has given a strong buy rating to the stock. The company has a consensus rating of “Buy” and an average target price of $99.56.

DXC Technology Company. (DXC) traded up $1.31 on Friday, hitting $95.94. The stock had a trading volume of 1,290,200 shares, compared to its average volume of 1,620,620. DXC Technology Company. has a fifty-two week low of $67.76 and a fifty-two week high of $99.00. The stock has a market cap of $27,368.71, a P/E ratio of 17.51, a P/E/G ratio of 1.69 and a beta of 1.01. The company has a current ratio of 1.00, a quick ratio of 1.18 and a debt-to-equity ratio of 0.51.

DXC Technology Company. (NYSE:DXC) last released 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 business had revenue of $6.16 billion for the quarter, compared to the consensus estimate of $6.07 billion. The business’s revenue was up 229.4% on a year-over-year basis. analysts forecast that DXC Technology Company. will post 7.17 EPS for the current year.

In related news, 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 transaction was disclosed in a filing with the SEC, which is available at this link. Also, CFO Paul N. Saleh sold 80,922 shares of the firm’s stock in a transaction that occurred on Tuesday, August 15th. The stock was sold at an average price of $84.01, for a total value of $6,798,257.22. Following the transaction, the chief financial officer now owns 217,211 shares in the company, valued at approximately $18,247,896.11. The disclosure for this sale can be found here. Corporate insiders own 1.30% of the company’s stock.

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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.

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

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