Natixis Advisors L.P. reduced its holdings in shares of DXC Technology Co (NYSE:DXC) by 36.3% during the 4th quarter, Holdings Channel reports. The firm owned 113,955 shares of the company’s stock after selling 65,002 shares during the period. Natixis Advisors L.P.’s holdings in DXC Technology were worth $6,059,000 as of its most recent filing with the SEC.

Other institutional investors have also modified their holdings of the company. Vanguard Group Inc. boosted its holdings in shares of DXC Technology by 0.6% in the third quarter. Vanguard Group Inc. now owns 20,616,012 shares of the company’s stock valued at $1,928,010,000 after acquiring an additional 122,686 shares in the last quarter. Vanguard Group Inc boosted its holdings in shares of DXC Technology by 0.6% in the third quarter. Vanguard Group Inc now owns 20,616,012 shares of the company’s stock valued at $1,928,010,000 after acquiring an additional 122,686 shares in the last quarter. BlackRock Inc. boosted its holdings in shares of DXC Technology by 6.3% in the fourth quarter. BlackRock Inc. now owns 19,400,215 shares of the company’s stock valued at $1,031,510,000 after acquiring an additional 1,153,292 shares in the last quarter. Oregon Public Employees Retirement Fund boosted its holdings in shares of DXC Technology by 10,644.8% in the fourth quarter. Oregon Public Employees Retirement Fund now owns 9,088,667 shares of the company’s stock valued at $171,000 after acquiring an additional 9,004,080 shares in the last quarter. Finally, Bank of New York Mellon Corp boosted its holdings in shares of DXC Technology by 2.1% in the fourth quarter. Bank of New York Mellon Corp now owns 4,179,560 shares of the company’s stock valued at $222,227,000 after acquiring an additional 87,962 shares in the last quarter. 84.12% of the stock is currently owned by institutional investors.

Shares of NYSE DXC opened at $65.32 on Friday. 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 52 week low of $49.19 and a 52 week high of $107.85. The stock has a market capitalization of $17.58 billion, a P/E ratio of 8.23, a P/E/G ratio of 1.20 and a beta of 1.54.

DXC Technology (NYSE:DXC) last announced its quarterly earnings data on Thursday, February 7th. The company reported $2.23 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $2.04 by $0.19. The firm 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 business’s revenue for the quarter was down 5.2% compared to the same quarter last year. During the same quarter last year, the business earned $1.86 earnings per share. As a group, research analysts anticipate that DXC Technology Co will post 8.24 EPS for the current fiscal year.

DXC has been the topic of several analyst reports. Zacks Investment Research raised shares of DXC Technology from a “hold” rating to a “buy” rating and set a $64.00 target price on the stock in a report on Tuesday, January 8th. Cowen raised shares of DXC Technology from a “market perform” rating to an “outperform” rating in a report on Monday, November 26th. SunTrust Banks cut shares of DXC Technology from a “buy” rating to a “hold” rating in a research note on Tuesday, January 8th. Cantor Fitzgerald reiterated a “hold” rating and issued a $70.00 price objective on shares of DXC Technology in a research note on Monday, January 7th. Finally, BMO Capital Markets reiterated a “buy” rating and issued a $85.00 price objective on shares of DXC Technology in a research note on Monday, January 7th. One equities research analyst has rated the stock with a sell rating, three have issued a hold rating, ten have given a buy rating and one has given a strong buy rating to the stock. The stock presently has a consensus rating of “Buy” and an average target price of $91.42.

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DXC Technology Company Profile

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).

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

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