Part of the weekly research here at The Acquirer’s Multiple features some of the top picks from our Stock Screeners and some top investors who are holding these same picks in their portfolios. Investors such as Warren Buffett, Joel Greenblatt, Carl Icahn, Jim Simons, Prem Watsa, Jeremy Grantham, Seth Klarman, Ray Dalio, and Howard Marks.
The top investor data is provided from their latest 13F’s (dated 2018-6-30). This week we’ll take a look at:
DXC Technology Co (NYSE: DXC)
DXC Technology is a vendor-independent IT services provider that started trading in April 2017. DXC was created via the amalgamation of Computer Sciences Corporation, or CSC, and Hewlett Packard Enterprise’s Services business. The combined company has enviable global scale, with annual revenue of around $25 billion, over 170,000 employees, operations across 70 countries, and broad industry exposure. In addition, the firm has roughly 6,000 clients, of which over 200 are within the Fortune 500.
A quick look at the price chart below for DXC Technology shows us that the stock is down 26% in the past twelve months. We currently have the stock trading on an Acquirer’s Multiple of 7.09 which means that it remains undervalued.
(SOURCE: GOOGLE FINANCE)
Superinvestors who currently hold positions in DXC Technology include:
Cliff Asness – 3,315,907 total shares
Steve Cohen – 1,687,338 total shares
Ken Griffin – 1,358,058 total shares
Lee Ainslie – 1,048,044 total shares
Joel Greenblatt – 572,440 total shares
Wally Weitz – 487,852 total shares
Jim Simons – 344,100 total shares
Leon Cooperman – 290,000 total shares
Chris Davis – 11,319 total shares
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