Villanova Investment Management Co LLC Increases Stock Holdings in DXC Technology (NYSE:DXC)

Villanova Investment Management Co LLC raised its holdings in DXC Technology (NYSE:DXC) by 10.8% in the fourth quarter, HoldingsChannel reports. The institutional investor owned 69,807 shares of the company’s stock after acquiring an additional 6,780 shares during the quarter. Villanova Investment Management Co LLC’s holdings in DXC Technology were worth $1,395,000 as of its most recent SEC filing.

Several other institutional investors have also added to or reduced their stakes in the business. Diametric Capital LP raised its holdings in shares of DXC Technology by 13.1% in the fourth quarter. Diametric Capital LP now owns 12,397 shares of the company’s stock worth $248,000 after buying an additional 1,433 shares during the last quarter. Franklin Resources Inc. raised its stake in shares of DXC Technology by 196.7% in the fourth quarter. Franklin Resources Inc. now owns 187,633 shares of the company’s stock worth $3,749,000 after purchasing an additional 124,403 shares during the last quarter. Alliancebernstein L.P. raised its position in DXC Technology by 77.7% during the 4th quarter. Alliancebernstein L.P. now owns 163,461 shares of the company’s stock worth $3,266,000 after buying an additional 71,485 shares during the last quarter. Meeder Asset Management Inc. acquired a new stake in DXC Technology during the 4th quarter valued at approximately $55,000. Finally, O Shaughnessy Asset Management LLC boosted its holdings in shares of DXC Technology by 43.2% in the 4th quarter. O Shaughnessy Asset Management LLC now owns 440,584 shares of the company’s stock valued at $8,803,000 after acquiring an additional 132,961 shares during the last quarter. Institutional investors and hedge funds own 96.20% of the company’s stock.

Wall Street Analysts Forecast Growth

Separately, Morgan Stanley boosted their target price on shares of DXC Technology from $20.00 to $22.00 and gave the company an “equal weight” rating in a research report on Friday, January 31st. One equities research analyst has rated the stock with a sell rating and six have issued a hold rating to the company. According to MarketBeat, the stock has a consensus rating of “Hold” and a consensus price target of $21.29.

DXC Technology Stock Down 0.0 %

DXC opened at $17.08 on Tuesday. The company has a fifty day moving average of $19.28 and a two-hundred day moving average of $20.35. The stock has a market capitalization of $3.09 billion, a price-to-earnings ratio of -40.66, a PEG ratio of 1.16 and a beta of 1.62. DXC Technology has a fifty-two week low of $14.79 and a fifty-two week high of $24.83. The company has a debt-to-equity ratio of 1.12, a quick ratio of 1.34 and a current ratio of 1.34.

DXC Technology (NYSE:DXC) last announced its quarterly earnings results on Tuesday, February 4th. The company reported $0.92 earnings per share for the quarter, beating the consensus estimate 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%. On average, research analysts expect that DXC Technology will post 3.35 earnings per share for the current 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).