WINTON GROUP Ltd Buys 97,818 Shares of DXC Technology Company. $DXC

WINTON GROUP Ltd boosted its stake in shares of DXC Technology Company. (NYSE:DXC) by 215.9% during the second quarter, Holdings Channel.com reports. The firm owned 143,129 shares of the company’s stock after purchasing an additional 97,818 shares during the quarter. WINTON GROUP Ltd’s holdings in DXC Technology were worth $1,267,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Nierenberg Investment Management Company LLC purchased a new position in shares of DXC Technology in the 2nd quarter worth approximately $907,214. Hara Capital LLC purchased a new stake in DXC Technology during the second quarter valued at approximately $2,318,000. Dimensional Fund Advisors LP lifted its position in DXC Technology by 2.6% during the first quarter. Dimensional Fund Advisors LP now owns 10,029,966 shares of the company’s stock valued at $126,068,000 after acquiring an additional 258,819 shares during the last quarter. CastleKnight Management LP boosted its stake in DXC Technology by 344.7% in the fourth quarter. CastleKnight Management LP now owns 324,651 shares of the company’s stock valued at $4,756,000 after acquiring an additional 251,651 shares in the last quarter. Finally, GSA Capital Partners LLP acquired a new stake in DXC Technology in the second quarter valued at approximately $2,572,000. Hedge funds and other institutional investors own 96.20% of the company’s stock.

DXC Technology Price Performance

Shares of NYSE:DXC opened at $11.40 on Monday. DXC Technology Company. has a twelve month low of $7.90 and a twelve month high of $15.68. The company has a current ratio of 1.41, a quick ratio of 1.41 and a debt-to-equity ratio of 0.90. The company has a market cap of $1.82 billion, a PE ratio of 16.29 and a beta of 0.80. The company’s 50 day moving average is $10.58 and its 200 day moving average is $10.74.

DXC Technology (NYSE:DXC) last announced its quarterly earnings data on Thursday, July 30th. The company reported $0.40 EPS for the quarter, missing the consensus estimate of $0.41 by ($0.01). The business had revenue of $3 billion for the quarter, compared to analyst estimates of $2.99 billion. DXC Technology had a net margin of 0.99% and a return on equity of 15.60%. The business’s revenue was down 5.0% on a year-over-year basis. During the same quarter in the previous year, the firm posted $0.68 earnings per share. DXC Technology has set its Q2 2027 guidance at 0.550-0.550 EPS. On average, sell-side analysts forecast that DXC Technology Company. will post 2.61 EPS for the current year.

Analyst Upgrades and Downgrades

A number of equities analysts have recently issued reports on DXC shares. Zacks Research raised DXC Technology from a “strong sell” rating to a “hold” rating in a research report on Monday, July 13th. TD Cowen boosted their target price on DXC Technology from $10.00 to $12.00 and gave the stock a “hold” rating in a research note on Monday, August 3rd. Stifel Nicolaus reduced their target price on DXC Technology from $12.00 to $10.50 and set a “hold” rating on the stock in a research report on Friday, July 31st. Morgan Stanley set a $12.00 price target on DXC Technology in a report on Monday, August 3rd. Finally, Royal Bank Of Canada cut their price objective on shares of DXC Technology from $16.00 to $14.00 and set a “sector perform” rating on the stock in a report on Friday, July 31st. Seven investment analysts have rated the stock with a Hold rating and two have issued a Sell rating to the company’s stock. Based on data from MarketBeat, DXC Technology has an average rating of “Reduce” and an average price target of $12.21.

DXC Technology Company Profile

DXC Technology (NYSE: DXC) is a global information technology services company that helps businesses and government organizations modernize, manage and secure their technology environments. Its services include IT consulting, systems integration, application development and modernization, cloud computing, cybersecurity, data and analytics, and managed infrastructure.

The company also provides workplace and end-user computing services, enterprise application services, and technology support for complex operating environments.