UBS Group AG Cuts Position in DXC Technology Company. $DXC

UBS Group AG cut its stake in DXC Technology Company. (NYSE:DXCFree Report) by 22.5% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 1,585,845 shares of the company’s stock after selling 461,550 shares during the quarter. UBS Group AG’s holdings in DXC Technology were worth $23,233,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also made changes to their positions in DXC. EverSource Wealth Advisors LLC increased its holdings in shares of DXC Technology by 240.6% in the 2nd quarter. EverSource Wealth Advisors LLC now owns 1,737 shares of the company’s stock valued at $27,000 after acquiring an additional 1,227 shares during the period. Smartleaf Asset Management LLC increased its holdings in shares of DXC Technology by 38.2% in the 3rd quarter. Smartleaf Asset Management LLC now owns 2,814 shares of the company’s stock valued at $38,000 after acquiring an additional 778 shares during the period. Headlands Technologies LLC purchased a new position in shares of DXC Technology in the 2nd quarter valued at $39,000. Rothschild Investment LLC increased its holdings in shares of DXC Technology by 609.8% in the 3rd quarter. Rothschild Investment LLC now owns 2,981 shares of the company’s stock valued at $41,000 after acquiring an additional 2,561 shares during the period. Finally, Signaturefd LLC increased its holdings in shares of DXC Technology by 867.1% in the 4th quarter. Signaturefd LLC now owns 2,824 shares of the company’s stock valued at $41,000 after acquiring an additional 2,532 shares during the period. 96.20% of the stock is currently owned by hedge funds and other institutional investors.

DXC Technology Price Performance

Shares of NYSE DXC opened at $9.45 on Monday. The company has a debt-to-equity ratio of 0.94, a quick ratio of 1.35 and a current ratio of 1.36. The company has a market cap of $1.60 billion, a PE ratio of 157.42 and a beta of 0.85. The business has a 50-day simple moving average of $12.24 and a two-hundred day simple moving average of $13.41. DXC Technology Company. has a fifty-two week low of $8.40 and a fifty-two week high of $17.26.

DXC Technology (NYSE:DXCGet Free Report) last issued its quarterly earnings results on Thursday, May 7th. The company reported $0.77 earnings per share for the quarter, topping the consensus estimate of $0.70 by $0.07. The business had revenue of $3.13 billion during the quarter, compared to the consensus estimate of $3.17 billion. DXC Technology had a return on equity of 17.24% and a net margin of 0.14%.The company’s quarterly revenue was down 1.2% on a year-over-year basis. During the same quarter last year, the company earned $0.84 earnings per share. DXC Technology has set its Q1 2027 guidance at 0.400-0.400 EPS and its FY 2027 guidance at 2.400-2.900 EPS. As a group, equities analysts expect that DXC Technology Company. will post 2.65 EPS for the current fiscal year.

DXC Technology News Roundup

Here are the key news stories impacting DXC Technology this week:

Analysts Set New Price Targets

A number of research analysts have recently issued reports on the company. Wolfe Research set a $13.00 price target on DXC Technology and gave the company an “underperform” rating in a report on Friday, January 30th. BMO Capital Markets lifted their price target on DXC Technology from $15.00 to $17.00 and gave the company a “market perform” rating in a report on Tuesday, February 3rd. Zacks Research lowered DXC Technology from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, March 3rd. Stifel Nicolaus set a $12.00 target price on DXC Technology in a research report on Friday. Finally, Wall Street Zen downgraded DXC Technology from a “buy” rating to a “hold” rating in a report on Saturday, March 28th. Eight investment analysts have rated the stock with a Hold rating and three have assigned a Sell rating to the stock. According to data from MarketBeat.com, the company presently has an average rating of “Reduce” and an average price target of $14.38.

View Our Latest Stock Report on DXC Technology

DXC Technology Profile

(Free Report)

DXC Technology, headquartered in Tysons Corner, Virginia, is a global leader in IT services and solutions. The company was formed in 2017 through the merger of Computer Sciences Corporation (CSC) and the Enterprise Services business of Hewlett Packard Enterprise, combining decades of experience in consulting, systems integration and managed services. Since its inception, DXC has focused on helping clients modernize IT environments and drive digital transformation across their organizations.

DXC Technology’s core service offerings encompass cloud and platform services, applications and analytics, security, and workplace and mobility solutions.

See Also

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

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