2 weeks Ago By ABMN Staff
Hsbc Holdings PLC reduced its holdings in shares of DXC Technology ( NYSE:DXC – Free Report ) by 15.2% in the second quarter, HoldingsChannel reports. The fund owned 62,682 shares of the company’s stock after selling 11,263 shares during the period.
Hsbc Holdings PLC’s holdings in DXC Technology were worth $1,195,000 as of its most recent SEC filing. Several other large investors have also bought and sold shares of DXC. Mather Group LLC.
raised its holdings in DXC Technology by 55.0% in the second quarter. Mather Group LLC.
now owns 1,637 shares of the company’s stock worth $35,000 after buying an additional 581 shares during the last quarter. Family Firm Inc. purchased a new position in DXC Technology in the second quarter worth about $37,000.
Fifth Third Bancorp raised its holdings in DXC Technology by 40.1% in the second quarter. Fifth Third Bancorp now owns 1,954 shares of the company’s stock worth $37,000 after buying an additional 559 shares during the last quarter.
Quarry LP purchased a new position in DXC Technology in the fourth quarter worth about $51,000. Finally, Innealta Capital LLC purchased a new position in DXC Technology in the second quarter worth about $96,000. 96.
20% of the stock is owned by hedge funds and other institutional investors. Insider Transactions at DXC Technology In other news, SVP Christopher Anthony Voci sold 2,500 shares of the business’s stock in a transaction 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 transaction, the senior vice president now owns 83,746 shares of the company’s stock, valued at $1,789,652.
02. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link . In other news, SVP Christopher Anthony Voci sold 2,500 shares of the business’s stock in a transaction 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 transaction, the senior vice president now owns 83,746 shares of the company’s stock, valued at $1,789,652.02. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link .
Also, EVP Mary E. Finch sold 31,047 shares of the company’s stock in a transaction 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 in the company, valued at approximately $6,304,874.
40. The disclosure for this sale can be found here . Insiders own 0.
54% of the company’s stock. DXC Technology Stock Performance DXC Technology ( NYSE:DXC – Get Free Report ) last posted its quarterly earnings results on Thursday, August 8th. The company reported $0.
74 earnings per share for the quarter, topping analysts’ consensus estimates of $0.57 by $0.17.
The business had revenue of $3.24 billion during the quarter, compared to analyst estimates of $3.14 billion.
DXC Technology had a net margin of 0.60% and a return on equity of 19.20%.
Equities analysts forecast that DXC Technology will post 2.89 earnings per share for the current fiscal year. Analyst Ratings Changes Several research firms have recently weighed in on DXC.
JPMorgan Chase & Co. boosted their price objective on shares of DXC Technology from $19.00 to $22.
00 and gave the company an “underweight” rating in a report on Friday, September 6th. Susquehanna boosted their price objective on shares of DXC Technology from $15.00 to $19.
00 and gave the company a “neutral” rating in a report on Wednesday, June 12th. Royal Bank of Canada boosted their price objective on shares of DXC Technology from $18.00 to $20.
00 and gave the company a “sector perform” rating in a report on Friday, August 9th. Finally, BMO Capital Markets boosted their price objective on shares of DXC Technology from $17.50 to $22.
00 and gave the company a “market perform” rating in a report on Friday, August 9th. Three analysts have rated the stock with a sell rating and seven have assigned a hold rating to the company’s stock. According to data from MarketBeat.
com, the stock has an average rating of “Hold” and an average price target of $20.30. Check Out Our Latest Stock Analysis on DXC About DXC Technology ( Free Report ) 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). Read More 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 ( NYSE:DXC – Free Report ).
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