DXC Technology (NYSE:DXC) Shares Bought by Natixis Advisors LLC

Natixis Advisors LLC lifted its stake in shares of DXC Technology (NYSE:DXC - Free Report) by 22.3% in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 223,376 shares of the company's stock after buying an additional 40,771 shares during the quarter. Natixis Advisors LLC owned about 0.12% of DXC Technology worth $4,635,000 at the end of the most recent reporting period.

Several other large investors have also modified their holdings of the stock. William B. Walkup & Associates Inc. purchased a new stake in DXC Technology in the second quarter valued at $26,000. Mather Group LLC. lifted its holdings in shares of DXC Technology by 55.0% in the 2nd quarter. Mather Group LLC. now owns 1,637 shares of the company's stock valued at $35,000 after purchasing an additional 581 shares during the last quarter. Fifth Third Bancorp boosted its position in shares of DXC Technology by 40.1% in the 2nd quarter. Fifth Third Bancorp now owns 1,954 shares of the company's stock valued at $37,000 after purchasing an additional 559 shares during the period. Family Firm Inc. purchased a new position in DXC Technology during the 2nd quarter worth approximately $37,000. Finally, Matrix Trust Co acquired a new position in DXC Technology during the third quarter worth approximately $43,000. Institutional investors and hedge funds own 96.20% of the company's stock.

Insider Buying and Selling

In related news, SVP Christopher Anthony Voci sold 2,500 shares of the firm's stock in a transaction dated Friday, September 13th. The shares were sold at an average price of $21.37, for a total value of $53,425.00. Following the completion of the sale, the senior vice president now owns 83,746 shares in the company, valued at $1,789,652.02. This trade represents a 2.90 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. 0.54% of the stock is currently owned by corporate insiders.

DXC Technology Stock Up 2.2 %

Shares of NYSE:DXC opened at $22.30 on Friday. DXC Technology has a fifty-two week low of $14.78 and a fifty-two week high of $25.14. The company has a quick ratio of 1.25, a current ratio of 1.25 and a debt-to-equity ratio of 1.18. The firm's 50-day simple moving average is $20.80 and its 200-day simple moving average is $19.51. The company has a market cap of $4.04 billion, a price-to-earnings ratio of 278.78, a PEG ratio of 1.41 and a beta of 1.67.

DXC Technology (NYSE:DXC - Get Free Report) last announced its quarterly earnings data 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 company had revenue of $3.24 billion for the quarter, compared to analyst estimates 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 earned $0.70 EPS. As a group, equities research analysts predict that DXC Technology will post 3.18 earnings per share for the current year.

Analyst Ratings Changes

DXC has been the subject of several research analyst reports. Royal Bank of Canada increased their price objective on DXC Technology from $18.00 to $20.00 and gave the company a "sector perform" rating in a report on Friday, August 9th. JPMorgan Chase & Co. increased their price target on shares of DXC Technology from $19.00 to $22.00 and gave the stock an "underweight" rating in a research note on Friday, September 6th. Susquehanna lifted their price objective on shares of DXC Technology from $19.00 to $23.00 and gave the company a "neutral" rating in a research note on Friday, November 8th. Finally, BMO Capital Markets increased 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. Two analysts have rated the stock with a sell rating and seven have assigned a hold rating to the company's stock. According to MarketBeat.com, DXC Technology presently has an average rating of "Hold" and a consensus target price of $20.89.

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).