Natixis Advisors LLC Has $637,000 Holdings in DXC Technology (NYSE:DXC)

Natixis Advisors LLC trimmed its position in shares of DXC Technology (NYSE:DXC - Free Report) by 85.7% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 31,898 shares of the company's stock after selling 191,478 shares during the quarter. Natixis Advisors LLC's holdings in DXC Technology were worth $637,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently made changes to their positions in DXC. Swiss National Bank increased its position in DXC Technology by 1.1% during the 4th quarter. Swiss National Bank now owns 355,700 shares of the company's stock valued at $7,107,000 after purchasing an additional 3,800 shares during the period. HighTower Advisors LLC increased its position in shares of DXC Technology by 8.2% during the fourth quarter. HighTower Advisors LLC now owns 18,069 shares of the company's stock worth $361,000 after buying an additional 1,370 shares during the period. AGF Management Ltd. acquired a new stake in shares of DXC Technology during the fourth quarter worth $2,315,000. Zurcher Kantonalbank Zurich Cantonalbank raised its stake in DXC Technology by 3.7% during the fourth quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 42,206 shares of the company's stock worth $843,000 after buying an additional 1,507 shares during the last quarter. Finally, AlphaQuest LLC lifted its holdings in DXC Technology by 539.2% in the fourth quarter. AlphaQuest LLC now owns 30,022 shares of the company's stock valued at $600,000 after buying an additional 25,325 shares during the period. Institutional investors and hedge funds own 96.20% of the company's stock.

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Wall Street Analysts Forecast Growth

Separately, Morgan Stanley lifted their price objective on DXC Technology from $20.00 to $22.00 and gave the stock an "equal weight" rating in a research report on Friday, January 31st. One research analyst has rated the stock with a sell rating and six have issued a hold rating to the company's stock. Based on data from MarketBeat, DXC Technology currently has a consensus rating of "Hold" and an average target price of $21.29.

DXC Technology Stock Down 1.7 %

NYSE DXC traded down $0.30 on Friday, hitting $17.10. 1,533,841 shares of the company were exchanged, compared to its average volume of 1,751,337. The company has a current ratio of 1.34, a quick ratio of 1.34 and a debt-to-equity ratio of 1.12. The company has a market cap of $3.10 billion, a PE ratio of -40.70, a PEG ratio of 1.16 and a beta of 1.62. The stock has a fifty day moving average of $19.35 and a 200-day moving average of $20.37. DXC Technology has a 12 month low of $14.79 and a 12 month high of $24.83.

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

DXC Technology 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).