Nisa Investment Advisors LLC raised its holdings in DXC Technology Co (NYSE:DXC) by 7.2% in the first quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 83,580 shares of the company’s stock after purchasing an additional 5,628 shares during the period. Nisa Investment Advisors LLC’s holdings in DXC Technology were worth $5,375,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also bought and sold shares of DXC. Strategic Wealth Partners Ltd. boosted its holdings in DXC Technology by 3,925.0% in the 3rd quarter. Strategic Wealth Partners Ltd. now owns 322 shares of the company’s stock valued at $30,000 after purchasing an additional 314 shares during the period. Benjamin F. Edwards & Company Inc. raised its position in shares of DXC Technology by 148.9% in the 4th quarter. Benjamin F. Edwards & Company Inc. now owns 585 shares of the company’s stock valued at $31,000 after buying an additional 350 shares in the last quarter. Cribstone Capital Management LLC raised its position in shares of DXC Technology by 187.1% in the 1st quarter. Cribstone Capital Management LLC now owns 491 shares of the company’s stock valued at $32,000 after buying an additional 320 shares in the last quarter. Bruderman Asset Management LLC raised its position in shares of DXC Technology by 1,365.1% in the 4th quarter. Bruderman Asset Management LLC now owns 630 shares of the company’s stock valued at $34,000 after buying an additional 587 shares in the last quarter. Finally, IMS Capital Management acquired a new position in shares of DXC Technology in the 3rd quarter valued at approximately $36,000. 86.76% of the stock is owned by hedge funds and other institutional investors.

Several equities analysts have recently commented on the stock. Zacks Investment Research upgraded shares of DXC Technology from a “hold” rating to a “buy” rating and set a $64.00 target price for the company in a research report on Tuesday, January 8th. SunTrust Banks cut shares of DXC Technology from a “buy” rating to a “hold” rating in a research report on Tuesday, January 8th. BMO Capital Markets restated a “buy” rating and issued a $85.00 target price on shares of DXC Technology in a research report on Monday, January 7th. Finally, Cantor Fitzgerald restated a “hold” rating and issued a $70.00 target price on shares of DXC Technology in a research report on Monday, January 7th. One research analyst has rated the stock with a sell rating, three have given a hold rating and ten have assigned a buy rating to the company. The stock currently has a consensus rating of “Buy” and an average price target of $88.27.

Shares of NYSE:DXC opened at $64.58 on Monday. The company has a market capitalization of $17.32 billion, a PE ratio of 8.13, a PEG ratio of 1.06 and a beta of 1.53. The company has a quick ratio of 1.00, a current ratio of 1.00 and a debt-to-equity ratio of 0.53. DXC Technology Co has a 12 month low of $49.19 and a 12 month high of $105.02.

DXC Technology (NYSE:DXC) last released its quarterly earnings data on Thursday, February 7th. The company reported $2.23 earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of $2.04 by $0.19. The business had revenue of $5.18 billion during the quarter, compared to analysts’ expectations of $5.16 billion. DXC Technology had a net margin of 7.09% and a return on equity of 19.78%. The firm’s quarterly revenue was down 5.2% compared to the same quarter last year. During the same period in the prior year, the company earned $1.86 EPS. As a group, research analysts expect that DXC Technology Co will post 8.24 EPS for the current year.

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, April 16th. Investors of record on Wednesday, March 27th were given a dividend of $0.19 per share. This represents a $0.76 dividend on an annualized basis and a yield of 1.18%. The ex-dividend date of this dividend was Tuesday, March 26th. DXC Technology’s dividend payout ratio is 9.57%.

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About DXC Technology

DXC Technology Company, together with its subsidiaries, provides information technology services and solutions primarily in North America, Europe, Asia, and Australia. It operates through three segments: Global Business Services (GBS), Global Infrastructure Services (GIS), and United States Public Sector (USPS).

Read More: Cost of Goods Sold (COGS)

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

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