Kirr Marbach & Co. LLC IN Boosts Stake in DXC Technology Co (DXC)

Kirr Marbach & Co. LLC IN boosted its stake in DXC Technology Co (NYSE:DXC) by 22.2% in the 1st quarter, according to its most recent filing with the SEC. The fund owned 135,977 shares of the company’s stock after purchasing an additional 24,741 shares during the period. DXC Technology comprises approximately 2.1% of Kirr Marbach & Co. LLC IN’s portfolio, making the stock its 24th largest position. Kirr Marbach & Co. LLC IN owned 0.05% of DXC Technology worth $8,745,000 at the end of the most recent reporting period.

A number of other institutional investors also recently bought and sold shares of DXC. Vanguard Group Inc. lifted its position in DXC Technology by 0.6% in the third quarter. Vanguard Group Inc. now owns 20,616,012 shares of the company’s stock valued at $1,928,010,000 after acquiring an additional 122,686 shares during the last quarter. Vanguard Group Inc lifted its position in DXC Technology by 0.6% in the third quarter. Vanguard Group Inc now owns 20,616,012 shares of the company’s stock valued at $1,928,010,000 after acquiring an additional 122,686 shares during the last quarter. BlackRock Inc. lifted its position in DXC Technology by 6.3% in the fourth quarter. BlackRock Inc. now owns 19,400,215 shares of the company’s stock valued at $1,031,510,000 after acquiring an additional 1,153,292 shares during the last quarter. Oregon Public Employees Retirement Fund lifted its position in DXC Technology by 10,644.8% in the fourth quarter. Oregon Public Employees Retirement Fund now owns 9,088,667 shares of the company’s stock valued at $171,000 after acquiring an additional 9,004,080 shares during the last quarter. Finally, Lunia Capital LP lifted its position in DXC Technology by 2,128.2% in the fourth quarter. Lunia Capital LP now owns 5,973,862 shares of the company’s stock valued at $5,974,000 after acquiring an additional 5,705,759 shares during the last quarter. Hedge funds and other institutional investors own 86.34% of the company’s stock.

A number of equities research analysts have recently commented on DXC shares. Goldman Sachs Group cut shares of DXC Technology from a “conviction-buy” rating to a “buy” rating in a report on Monday, April 22nd. SunTrust Banks upped their target price on shares of DXC Technology to $72.00 and gave the company a “hold” rating in a report on Monday, February 11th. One analyst has rated the stock with a sell rating, three have issued a hold rating and eleven have assigned a buy rating to the company’s stock. The stock presently has an average rating of “Buy” and an average target price of $88.27.

Shares of DXC opened at $59.44 on Friday. The company has a current ratio of 1.00, a quick ratio of 1.00 and a debt-to-equity ratio of 0.53. DXC Technology Co has a twelve month low of $49.19 and a twelve month high of $105.02. The stock has a market cap of $16.18 billion, a price-to-earnings ratio of 7.49, a P/E/G ratio of 1.03 and a beta of 1.51.

DXC Technology (NYSE:DXC) last released its quarterly earnings results on Thursday, February 7th. The company reported $2.23 EPS for the quarter, beating the consensus estimate of $2.04 by $0.19. DXC Technology had a net margin of 7.09% and a return on equity of 19.78%. The business had revenue of $5.18 billion for the quarter, compared to analyst estimates of $5.16 billion. During the same period in the prior year, the business earned $1.86 earnings per share. The company’s quarterly revenue was down 5.2% on a year-over-year basis. Equities analysts anticipate that DXC Technology Co will post 8.24 EPS for the current year.

The company also recently announced a quarterly dividend, which was paid on Tuesday, April 16th. Investors of record on Wednesday, March 27th were given a dividend of $0.19 per share. The ex-dividend date of this dividend was Tuesday, March 26th. This represents a $0.76 dividend on an annualized basis and a yield of 1.28%. DXC Technology’s dividend payout ratio (DPR) is currently 9.57%.

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DXC Technology Company 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).

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

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