31,870 Shares in DXC Technology (NYSE:DXC) Bought by EntryPoint Capital LLC

EntryPoint Capital LLC acquired a new stake in shares of DXC Technology (NYSE:DXC) during the fourth quarter, according to its most recent Form 13F filing with the SEC. The fund acquired 31,870 shares of the company’s stock, valued at approximately $637,000.

Other institutional investors have also added to or reduced their stakes in the company. Newbridge Financial Services Group Inc. increased its position in shares of DXC Technology by 116.1% during the fourth quarter. Newbridge Financial Services Group Inc. now owns 1,675 shares of the company’s stock valued at $33,000 after buying an additional 900 shares during the period. Smartleaf Asset Management LLC grew its holdings in shares of DXC Technology by 366.4% during the 4th quarter. Smartleaf Asset Management LLC now owns 2,999 shares of the company’s stock worth $60,000 after acquiring an additional 2,356 shares during the period. Brown Lisle Cummings Inc. raised its position in shares of DXC Technology by 60.0% in the 4th quarter. Brown Lisle Cummings Inc. now owns 3,200 shares of the company’s stock worth $64,000 after acquiring an additional 1,200 shares in the last quarter. Quest Partners LLC purchased a new position in shares of DXC Technology in the 3rd quarter valued at approximately $97,000. Finally, Matrix Trust Co boosted its position in shares of DXC Technology by 347.2% during the fourth quarter. Matrix Trust Co now owns 9,343 shares of the company’s stock valued at $187,000 after purchasing an additional 7,254 shares in the last quarter. 96.20% of the stock is currently owned by institutional investors.

Wall Street Analysts Forecast Growth

Separately, Morgan Stanley raised their price objective on 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 data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and an average price target of $21.29.

DXC Technology Stock Up 3.3 %

Shares of NYSE:DXC opened at $16.97 on Tuesday. The company has a current ratio of 1.34, a quick ratio of 1.34 and a debt-to-equity ratio of 1.12. The stock has a fifty day simple moving average of $19.60 and a two-hundred day simple moving average of $20.47. DXC Technology has a 12-month low of $14.79 and a 12-month high of $24.83. The stock has a market capitalization of $3.07 billion, a price-to-earnings ratio of -40.39, a PEG ratio of 1.16 and a beta of 1.62.

DXC Technology (NYSE:DXC) last posted its quarterly earnings results on Tuesday, February 4th. The company reported $0.92 earnings per share (EPS) for the quarter, topping 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 anticipate that DXC Technology will post 3.35 earnings per share for the current fiscal year.

DXC Technology 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).