DXC Technology (NYSE:DXC) is Jackson Creek Investment Advisors LLC's 10th Largest Position

Jackson Creek Investment Advisors LLC increased its position in shares of DXC Technology (NYSE:DXC - Free Report) by 306.1% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 102,020 shares of the company's stock after purchasing an additional 76,901 shares during the period. DXC Technology makes up 0.6% of Jackson Creek Investment Advisors LLC's portfolio, making the stock its 10th largest holding. Jackson Creek Investment Advisors LLC owned about 0.06% of DXC Technology worth $2,038,000 at the end of the most recent quarter.

Several other large investors have also modified their holdings of the business. Pacer Advisors Inc. grew its holdings in shares of DXC Technology by 4.7% in the third quarter. Pacer Advisors Inc. now owns 20,140,488 shares of the company's stock worth $417,915,000 after purchasing an additional 899,510 shares during the last quarter. Charles Schwab Investment Management Inc. lifted its position in DXC Technology by 3.5% during the fourth quarter. Charles Schwab Investment Management Inc. now owns 1,930,963 shares of the company's stock valued at $38,581,000 after acquiring an additional 64,867 shares during the last quarter. Principal Financial Group Inc. grew its stake in DXC Technology by 3.0% during the 4th quarter. Principal Financial Group Inc. now owns 877,399 shares of the company's stock worth $17,530,000 after buying an additional 25,573 shares during the last quarter. JPMorgan Chase & Co. raised its stake in DXC Technology by 1.3% in the third quarter. JPMorgan Chase & Co. now owns 823,191 shares of the company's stock valued at $17,081,000 after buying an additional 10,922 shares during the last quarter. Finally, Assenagon Asset Management S.A. boosted its holdings in DXC Technology by 4,893.5% in the fourth quarter. Assenagon Asset Management S.A. now owns 669,576 shares of the company's stock worth $13,378,000 after acquiring an additional 656,167 shares in the last quarter. Hedge funds and other institutional investors own 96.20% of the company's stock.

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Analysts Set New Price Targets

DXC has been the subject of a number of recent analyst reports. BMO Capital Markets lifted their target price on shares of DXC Technology from $22.00 to $25.00 and gave the stock a "market perform" rating in a research note on Monday, November 11th. Morgan Stanley lifted their price objective on shares of DXC Technology from $20.00 to $22.00 and gave the stock an "equal weight" rating in a research note on Friday, January 31st. One analyst has rated the stock with a sell rating and seven have assigned a hold rating to the stock. According to data from MarketBeat, the company presently has a consensus rating of "Hold" and a consensus target price of $21.38.

DXC Technology Stock Performance

Shares of DXC stock traded down $0.22 on Tuesday, hitting $17.53. The company had a trading volume of 1,296,142 shares, compared to its average volume of 1,096,179. DXC Technology has a twelve month low of $14.78 and a twelve month high of $24.83. The company has a quick ratio of 1.34, a current ratio of 1.34 and a debt-to-equity ratio of 1.12. The firm has a market cap of $3.17 billion, a P/E ratio of -41.73, a price-to-earnings-growth ratio of 1.16 and a beta of 1.62. The company has a 50-day moving average price of $20.22 and a 200-day moving average price of $20.73.

DXC Technology (NYSE:DXC - Get Free Report) last announced its quarterly earnings results on Tuesday, February 4th. The company reported $0.92 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.69 by $0.23. DXC Technology had a positive return on equity of 20.70% and a negative net margin of 0.57%. As a group, equities research analysts predict that DXC Technology will post 3.35 earnings per share for the current fiscal year.

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).