Zurcher Kantonalbank Zurich Cantonalbank Raises Position in DXC Technology Co (NYSE:DXC)

Share on StockTwits

Zurcher Kantonalbank Zurich Cantonalbank raised its stake in shares of DXC Technology Co (NYSE:DXC) by 8.9% during the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 62,074 shares of the company’s stock after purchasing an additional 5,051 shares during the period. Zurcher Kantonalbank Zurich Cantonalbank’s holdings in DXC Technology were worth $810,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds also recently modified their holdings of the company. NEXT Financial Group Inc grew its stake in shares of DXC Technology by 93.4% during the fourth quarter. NEXT Financial Group Inc now owns 2,814 shares of the company’s stock valued at $106,000 after buying an additional 1,359 shares during the last quarter. Loring Wolcott & Coolidge Fiduciary Advisors LLP MA grew its stake in shares of DXC Technology by 311.7% during the fourth quarter. Loring Wolcott & Coolidge Fiduciary Advisors LLP MA now owns 1,021 shares of the company’s stock valued at $38,000 after buying an additional 773 shares during the last quarter. Advisor Partners LLC bought a new position in shares of DXC Technology during the fourth quarter valued at approximately $269,000. Strs Ohio grew its stake in shares of DXC Technology by 8.6% during the fourth quarter. Strs Ohio now owns 35,612 shares of the company’s stock valued at $1,338,000 after buying an additional 2,830 shares during the last quarter. Finally, Arizona State Retirement System grew its stake in shares of DXC Technology by 0.6% during the fourth quarter. Arizona State Retirement System now owns 132,473 shares of the company’s stock valued at $4,980,000 after buying an additional 798 shares during the last quarter. Institutional investors and hedge funds own 91.35% of the company’s stock.

DXC Technology stock opened at $15.48 on Friday. The business has a fifty day moving average of $15.57 and a two-hundred day moving average of $26.71. The company has a quick ratio of 0.93, a current ratio of 0.93 and a debt-to-equity ratio of 0.80. The firm has a market cap of $4.02 billion, a P/E ratio of 2.42 and a beta of 2.46. DXC Technology Co has a twelve month low of $7.90 and a twelve month high of $57.23.

A number of research analysts have recently commented on the company. Moffett Nathanson raised DXC Technology from a “neutral” rating to a “buy” rating and set a $30.00 target price on the stock in a research note on Thursday, March 12th. ValuEngine cut DXC Technology from a “sell” rating to a “strong sell” rating in a research note on Tuesday, March 17th. Citigroup cut their target price on DXC Technology from $31.00 to $26.00 and set a “buy” rating on the stock in a research note on Thursday. Zacks Investment Research raised DXC Technology from a “sell” rating to a “hold” rating and set a $20.00 price objective on the stock in a research note on Wednesday, April 29th. Finally, Wells Fargo & Co reissued a “sell” rating and issued a $17.00 price objective (down previously from $18.00) on shares of DXC Technology in a research note on Tuesday, April 14th. Two research analysts have rated the stock with a sell rating, seven have assigned a hold rating and seven have given a buy rating to the stock. DXC Technology has an average rating of “Hold” and a consensus target price of $40.69.

DXC Technology 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).

Recommended Story: Conference Calls

Want to see what other hedge funds are holding DXC? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for DXC Technology Co (NYSE:DXC).

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

Receive News & Ratings for DXC Technology Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for DXC Technology and related companies with MarketBeat.com's FREE daily email newsletter.



Latest News

Insider Selling: AssetMark Financial Holdings  CEO Sells $329,339.52 in Stock
Insider Selling: AssetMark Financial Holdings CEO Sells $329,339.52 in Stock
Insider Selling: Slack  Director Sells $350,000.00 in Stock
Insider Selling: Slack Director Sells $350,000.00 in Stock
Insider Buying: Sutter Rock Capital Corp.  Major Shareholder Purchases $376,800.00 in Stock
Insider Buying: Sutter Rock Capital Corp. Major Shareholder Purchases $376,800.00 in Stock
Insider Selling: Slack  Director Sells $355,800.00 in Stock
Insider Selling: Slack Director Sells $355,800.00 in Stock
Insider Selling: Target Co.  Director Sells $493,244.36 in Stock
Insider Selling: Target Co. Director Sells $493,244.36 in Stock
Shopify Inc  Senior Officer Sells C$356,279.75 in Stock
Shopify Inc Senior Officer Sells C$356,279.75 in Stock


 
© 2006-2020 Zolmax.