Dynatrace, Inc. (NYSE:DT) Shares Acquired by Blue Trust Inc.

Blue Trust Inc. grew its stake in Dynatrace, Inc. (NYSE:DTFree Report) by 48.8% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 2,047 shares of the company’s stock after buying an additional 671 shares during the period. Blue Trust Inc.’s holdings in Dynatrace were worth $112,000 at the end of the most recent reporting period.

Several other large investors have also modified their holdings of the stock. Advisory Services Network LLC raised its position in Dynatrace by 50.9% in the 1st quarter. Advisory Services Network LLC now owns 661 shares of the company’s stock valued at $28,000 after purchasing an additional 223 shares during the last quarter. Avior Wealth Management LLC raised its position in Dynatrace by 3.0% in the 3rd quarter. Avior Wealth Management LLC now owns 8,047 shares of the company’s stock valued at $376,000 after purchasing an additional 234 shares during the last quarter. Meiji Yasuda Asset Management Co Ltd. raised its position in Dynatrace by 2.8% in the 3rd quarter. Meiji Yasuda Asset Management Co Ltd. now owns 8,905 shares of the company’s stock valued at $416,000 after purchasing an additional 240 shares during the last quarter. Shell Asset Management Co. raised its position in Dynatrace by 1.7% in the 3rd quarter. Shell Asset Management Co. now owns 16,011 shares of the company’s stock valued at $748,000 after purchasing an additional 263 shares during the last quarter. Finally, Bank Julius Baer & Co. Ltd Zurich raised its position in Dynatrace by 3.0% in the 3rd quarter. Bank Julius Baer & Co. Ltd Zurich now owns 8,988 shares of the company’s stock valued at $420,000 after purchasing an additional 265 shares during the last quarter. Institutional investors and hedge funds own 94.28% of the company’s stock.

Insider Activity

In other news, major shareholder Thoma Bravo Ugp, Llc sold 14,242,929 shares of the stock in a transaction that occurred on Monday, February 12th. The shares were sold at an average price of $52.60, for a total value of $749,178,065.40. Following the sale, the insider now directly owns 16,114,344 shares in the company, valued at $847,614,494.40. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. In related news, major shareholder Thoma Bravo Ugp, Llc sold 14,242,929 shares of the firm’s stock in a transaction that occurred on Monday, February 12th. The shares were sold at an average price of $52.60, for a total transaction of $749,178,065.40. Following the sale, the insider now owns 16,114,344 shares in the company, valued at $847,614,494.40. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, SVP Dan Zugelder sold 6,596 shares of the firm’s stock in a transaction that occurred on Tuesday, January 16th. The stock was sold at an average price of $56.25, for a total transaction of $371,025.00. Following the sale, the senior vice president now owns 96,020 shares in the company, valued at approximately $5,401,125. The disclosure for this sale can be found here. Insiders have sold 14,285,187 shares of company stock worth $751,264,421 over the last ninety days. 0.54% of the stock is currently owned by insiders.

Analyst Ratings Changes

Several analysts recently commented on the stock. JPMorgan Chase & Co. reduced their price target on shares of Dynatrace from $65.00 to $60.00 and set an “overweight” rating for the company in a research report on Monday. Rosenblatt Securities upped their price objective on shares of Dynatrace from $58.00 to $65.00 and gave the stock a “buy” rating in a research report on Wednesday, February 7th. Citigroup upped their price objective on shares of Dynatrace from $58.00 to $68.00 and gave the stock a “buy” rating in a research report on Monday, January 22nd. JMP Securities upped their price objective on shares of Dynatrace from $56.00 to $68.00 and gave the stock a “market outperform” rating in a research report on Friday, February 2nd. Finally, Jefferies Financial Group upgraded shares of Dynatrace from a “hold” rating to a “buy” rating and upped their price objective for the stock from $50.00 to $70.00 in a research report on Friday, January 5th. Four equities research analysts have rated the stock with a hold rating and seventeen have issued a buy rating to the stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average price target of $61.04.

Read Our Latest Report on DT

Dynatrace Price Performance

Shares of NYSE DT opened at $45.01 on Thursday. The firm’s 50-day moving average is $50.80 and its two-hundred day moving average is $50.94. The company has a market capitalization of $13.25 billion, a PE ratio of 68.20, a price-to-earnings-growth ratio of 3.91 and a beta of 1.07. Dynatrace, Inc. has a 12-month low of $40.27 and a 12-month high of $61.41.

Dynatrace (NYSE:DTGet Free Report) last released its quarterly earnings results on Thursday, February 8th. The company reported $0.18 EPS for the quarter, beating the consensus estimate of $0.15 by $0.03. The business had revenue of $365.10 million for the quarter, compared to analyst estimates of $357.64 million. Dynatrace had a net margin of 14.44% and a return on equity of 11.92%. On average, analysts forecast that Dynatrace, Inc. will post 0.62 EPS for the current fiscal year.

Dynatrace Profile

(Free Report)

Dynatrace, Inc provides a security platform for multicloud environments. It operates Dynatrace, a security platform, which provides application and microservices monitoring, runtime application security, infrastructure monitoring, log management and analytics, digital experience monitoring, digital business analytics, and cloud automation.

Featured Articles

Institutional Ownership by Quarter for Dynatrace (NYSE:DT)

Receive News & Ratings for Dynatrace Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Dynatrace and related companies with MarketBeat.com's FREE daily email newsletter.