Vontobel Holding Ltd. Increases Stock Holdings in Dynatrace, Inc. (NYSE:DT)

Vontobel Holding Ltd. increased its holdings in Dynatrace, Inc. (NYSE:DT) by 31.0% in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 27,687 shares of the company’s stock after acquiring an additional 6,555 shares during the quarter. Vontobel Holding Ltd.’s holdings in Dynatrace were worth $1,514,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Vanguard Group Inc. raised its holdings in Dynatrace by 8.8% in the third quarter. Vanguard Group Inc. now owns 23,916,034 shares of the company’s stock worth $1,117,596,000 after purchasing an additional 1,940,604 shares in the last quarter. BlackRock Inc. raised its holdings in Dynatrace by 2.1% in the first quarter. BlackRock Inc. now owns 23,086,920 shares of the company’s stock worth $976,577,000 after purchasing an additional 467,760 shares in the last quarter. FMR LLC raised its holdings in Dynatrace by 3.1% in the third quarter. FMR LLC now owns 18,213,109 shares of the company’s stock worth $851,099,000 after purchasing an additional 555,739 shares in the last quarter. Brown Advisory Inc. raised its holdings in Dynatrace by 2.0% in the third quarter. Brown Advisory Inc. now owns 11,772,653 shares of the company’s stock worth $550,136,000 after purchasing an additional 229,631 shares in the last quarter. Finally, Price T Rowe Associates Inc. MD raised its holdings in Dynatrace by 2,277.3% in the first quarter. Price T Rowe Associates Inc. MD now owns 6,934,130 shares of the company’s stock worth $293,315,000 after purchasing an additional 6,642,452 shares in the last quarter. Hedge funds and other institutional investors own 94.28% of the company’s stock.

Insiders Place Their Bets

In other Dynatrace news, CEO Rick M. Mcconnell sold 25,000 shares of the firm’s stock in a transaction dated Friday, March 15th. The stock was sold at an average price of $46.29, for a total value of $1,157,250.00. Following the transaction, the chief executive officer now directly owns 477,105 shares of the company’s stock, valued at $22,085,190.45. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. In other news, CEO Rick M. Mcconnell sold 25,000 shares of Dynatrace stock in a transaction dated Friday, March 15th. The stock was sold at an average price of $46.29, for a total transaction of $1,157,250.00. Following the transaction, the chief executive officer now directly owns 477,105 shares of the company’s stock, valued at approximately $22,085,190.45. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, major shareholder Thoma Bravo Ugp, Llc sold 14,242,929 shares of Dynatrace stock in a transaction dated 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 transaction, the insider now directly owns 16,114,344 shares in the company, valued at $847,614,494.40. The disclosure for this sale can be found here. Over the last three months, insiders have sold 14,278,591 shares of company stock valued at $750,893,396. Insiders own 0.54% of the company’s stock.

Dynatrace Stock Performance

Shares of NYSE:DT opened at $45.40 on Friday. The stock has a market capitalization of $13.37 billion, a price-to-earnings ratio of 68.79, a PEG ratio of 3.81 and a beta of 1.07. The stock’s 50-day simple moving average is $47.55 and its two-hundred day simple moving average is $50.83. Dynatrace, Inc. has a 52-week low of $40.43 and a 52-week high of $61.41.

Dynatrace (NYSE:DT) last announced its earnings results on Thursday, February 8th. The company reported $0.18 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.15 by $0.03. The business had revenue of $365.10 million for the quarter, compared to analysts’ expectations of $357.64 million. Dynatrace had a return on equity of 11.92% and a net margin of 14.44%. As a group, equities analysts forecast that Dynatrace, Inc. will post 0.62 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

DT has been the subject of a number of research reports. Capital One Financial initiated coverage on Dynatrace in a report on Wednesday, February 21st. They issued an “overweight” rating and a $64.00 price objective for the company. Jefferies Financial Group upgraded Dynatrace from a “hold” rating to a “buy” rating and increased their price objective for the stock from $50.00 to $70.00 in a report on Friday, January 5th. Royal Bank of Canada restated an “outperform” rating and set a $66.00 price target on shares of Dynatrace in a report on Friday, February 9th. TD Cowen reduced their price target on Dynatrace from $62.00 to $58.00 and set a “buy” rating for the company in a report on Friday. Finally, Barclays reduced their price target on Dynatrace from $59.00 to $52.00 and set an “equal weight” rating for the company in a report on Wednesday, March 20th. Four research analysts have rated the stock with a hold rating and seventeen have assigned a buy rating to the company’s stock. According to data from MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus target price of $61.08.

Dynatrace Profile

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.