Hara Capital LLC Buys New Stake in DXC Technology Company. $DXC

Hara Capital LLC purchased a new position in shares of DXC Technology Company. (NYSE:DXC) in the second quarter, HoldingsChannel reports. The institutional investor purchased 261,893 shares of the company’s stock, valued at approximately $2,318,000. DXC Technology accounts for 1.2% of Hara Capital LLC’s portfolio, making the stock its 25th largest position.

Other large investors have also recently added to or reduced their stakes in the company. EverSource Wealth Advisors LLC raised its position in DXC Technology by 240.6% in the second quarter. EverSource Wealth Advisors LLC now owns 1,737 shares of the company’s stock valued at $27,000 after purchasing an additional 1,227 shares during the period. Danske Bank A S boosted its position in shares of DXC Technology by 280.0% in the fourth quarter. Danske Bank A S now owns 1,900 shares of the company’s stock worth $28,000 after buying an additional 1,400 shares during the period. Fifth Third Bancorp grew its stake in shares of DXC Technology by 116.0% in the fourth quarter. Fifth Third Bancorp now owns 2,102 shares of the company’s stock valued at $31,000 after buying an additional 1,129 shares in the last quarter. Hantz Financial Services Inc. grew its stake in shares of DXC Technology by 110.5% in the fourth quarter. Hantz Financial Services Inc. now owns 2,185 shares of the company’s stock valued at $32,000 after buying an additional 1,147 shares in the last quarter. Finally, CIBC Private Wealth Group LLC raised its holdings in shares of DXC Technology by 13,258.8% during the 4th quarter. CIBC Private Wealth Group LLC now owns 2,271 shares of the company’s stock valued at $33,000 after buying an additional 2,254 shares during the period. 96.20% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

Several research firms recently commented on DXC. TD Cowen boosted their price target on DXC Technology from $10.00 to $12.00 and gave the stock a “hold” rating in a research report on Monday, August 3rd. Royal Bank Of Canada lowered their price objective on shares of DXC Technology from $16.00 to $14.00 and set a “sector perform” rating for the company in a research report on Friday, July 31st. Stifel Nicolaus dropped their price objective on shares of DXC Technology from $12.00 to $10.50 and set a “hold” rating on the stock in a research note on Friday, July 31st. Morgan Stanley set a $12.00 target price on shares of DXC Technology in a research report on Monday, August 3rd. Finally, BMO Capital Markets dropped their price target on shares of DXC Technology from $17.00 to $10.00 and set a “market perform” rating on the stock in a research note on Monday, May 11th. Seven equities research analysts have rated the stock with a Hold rating and two have assigned a Sell rating to the company’s stock. According to MarketBeat.com, the company has a consensus rating of “Reduce” and an average target price of $12.21.

DXC Technology Trading Down 1.3%

Shares of DXC opened at $10.71 on Friday. The company has a market capitalization of $1.71 billion, a P/E ratio of 15.30 and a beta of 0.79. DXC Technology Company. has a one year low of $7.90 and a one year high of $15.68. The company has a debt-to-equity ratio of 0.90, a quick ratio of 1.41 and a current ratio of 1.41. The stock has a 50-day moving average price of $9.86 and a 200 day moving average price of $11.03.

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

DXC Technology Profile

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.