Robeco Institutional Asset Management B.V. Grows Position in DXC Technology (NYSE:DXC)

Robeco Institutional Asset Management B.V. boosted its holdings in DXC Technology (NYSE:DXC - Free Report) by 31.7% during the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 350,760 shares of the company's stock after acquiring an additional 84,524 shares during the quarter. Robeco Institutional Asset Management B.V. owned 0.19% of DXC Technology worth $7,278,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also modified their holdings of the business. New York State Teachers Retirement System grew its position in DXC Technology by 2.9% in the 3rd quarter. New York State Teachers Retirement System now owns 213,791 shares of the company's stock worth $4,436,000 after purchasing an additional 5,976 shares during the period. Wealth Enhancement Advisory Services LLC boosted its position in shares of DXC Technology by 24.2% during the third quarter. Wealth Enhancement Advisory Services LLC now owns 15,519 shares of the company's stock worth $322,000 after acquiring an additional 3,024 shares during the last quarter. Highland Capital Management LLC purchased a new stake in DXC Technology during the third quarter valued at $231,000. Carolina Wealth Advisors LLC bought a new position in DXC Technology during the third quarter valued at $79,000. Finally, Twelve Points Wealth Management LLC grew its stake in shares of DXC Technology by 79.2% in the 3rd quarter. Twelve Points Wealth Management LLC now owns 69,022 shares of the company's stock worth $1,432,000 after buying an additional 30,502 shares in the last quarter. Institutional investors own 96.20% of the company's stock.

Wall Street Analysts Forecast Growth

A number of brokerages have issued reports on DXC. BMO Capital Markets upped their price objective on DXC Technology from $17.50 to $22.00 and gave the company a "market perform" rating in a research report on Friday, August 9th. Susquehanna upped their target price on DXC Technology from $19.00 to $23.00 and gave the stock a "neutral" rating in a report on Friday. Royal Bank of Canada boosted their price objective on shares of DXC Technology from $18.00 to $20.00 and gave the stock a "sector perform" rating in a research note on Friday, August 9th. Finally, JPMorgan Chase & Co. boosted their price target on DXC Technology from $19.00 to $22.00 and gave the stock an "underweight" rating in a research report on Friday, September 6th. Two research analysts have rated the stock with a sell rating and seven have given a hold rating to the company's stock. According to data from MarketBeat.com, the stock has an average rating of "Hold" and a consensus price target of $20.56.

Insider Activity

In related news, EVP Mary E. Finch sold 31,047 shares of the company's stock in a transaction that occurred on Monday, August 12th. The shares were sold at an average price of $19.36, for a total transaction of $601,069.92. Following the sale, the executive vice president now directly owns 325,665 shares of the company's stock, valued at $6,304,874.40. This represents a 0.00 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. In other DXC Technology news, SVP Christopher Anthony Voci sold 2,500 shares of the stock in a transaction that occurred on Friday, September 13th. The shares were sold at an average price of $21.37, for a total value of $53,425.00. Following the sale, the senior vice president now directly owns 83,746 shares of the company's stock, valued at approximately $1,789,652.02. This represents a 0.00 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this link. Also, EVP Mary E. Finch sold 31,047 shares of the business's stock in a transaction on Monday, August 12th. The stock was sold at an average price of $19.36, for a total transaction of $601,069.92. Following the transaction, the executive vice president now owns 325,665 shares of the company's stock, valued at approximately $6,304,874.40. The trade was a 0.00 % decrease in their position. The disclosure for this sale can be found here. Insiders own 0.54% of the company's stock.

DXC Technology Price Performance

DXC Technology stock traded down $1.01 during trading on Friday, reaching $21.57. The company had a trading volume of 5,151,363 shares, compared to its average volume of 2,132,808. The company has a debt-to-equity ratio of 1.21, a quick ratio of 1.21 and a current ratio of 1.21. The firm's 50-day simple moving average is $20.66 and its 200 day simple moving average is $19.41. The firm has a market capitalization of $3.90 billion, a PE ratio of 71.47, a price-to-earnings-growth ratio of 1.79 and a beta of 1.67. DXC Technology has a 1-year low of $14.78 and a 1-year high of $25.14.

DXC Technology (NYSE:DXC - Get Free Report) last announced its earnings results on Thursday, August 8th. The company reported $0.74 EPS for the quarter, beating analysts' consensus estimates of $0.57 by $0.17. The business had revenue of $3.24 billion during the quarter, compared to analysts' expectations of $3.14 billion. DXC Technology had a return on equity of 19.20% and a net margin of 0.60%. As a group, equities research analysts anticipate that DXC Technology will post 2.89 earnings per share for the current fiscal year.

About DXC Technology

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).