Cooper Financial Group Has $837,000 Holdings in Dynatrace, Inc. (NYSE:DT)

Cooper Financial Group raised its stake in shares of Dynatrace, Inc. (NYSE:DT) by 6.0% in the fourth quarter, according to its most recent 13F filing with the SEC. The fund owned 15,391 shares of the company’s stock after purchasing an additional 871 shares during the period. Cooper Financial Group’s holdings in Dynatrace were worth $837,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in DT. Versant Capital Management Inc lifted its holdings in shares of Dynatrace by 11.9% in the fourth quarter. Versant Capital Management Inc now owns 1,933 shares of the company’s stock valued at $105,000 after purchasing an additional 206 shares in the last quarter. Virtue Capital Management LLC lifted its stake in Dynatrace by 4.2% during the 3rd quarter. Virtue Capital Management LLC now owns 5,275 shares of the company’s stock valued at $282,000 after acquiring an additional 212 shares in the last quarter. Atria Investments Inc boosted its holdings in Dynatrace by 3.4% during the 3rd quarter. Atria Investments Inc now owns 7,201 shares of the company’s stock worth $385,000 after acquiring an additional 240 shares during the last quarter. Avior Wealth Management LLC grew its stake in shares of Dynatrace by 2.9% in the 3rd quarter. Avior Wealth Management LLC now owns 8,797 shares of the company’s stock worth $470,000 after acquiring an additional 248 shares in the last quarter. Finally, Riverview Trust Co raised its holdings in shares of Dynatrace by 70.6% in the third quarter. Riverview Trust Co now owns 621 shares of the company’s stock valued at $33,000 after purchasing an additional 257 shares during the last quarter. 94.28% of the stock is owned by institutional investors.

Analyst Upgrades and Downgrades

A number of equities research analysts have issued reports on the stock. JPMorgan Chase & Co. upped their price objective on shares of Dynatrace from $55.00 to $60.00 and gave the stock an “overweight” rating in a research report on Wednesday, October 30th. BMO Capital Markets upped their target price on Dynatrace from $53.00 to $61.00 and gave the company an “outperform” rating in a report on Friday, November 8th. BNP Paribas initiated coverage on Dynatrace in a report on Tuesday, October 8th. They set a “neutral” rating and a $52.00 price target on the stock. UBS Group assumed coverage on Dynatrace in a research note on Wednesday, November 27th. They issued a “neutral” rating and a $58.00 price objective for the company. Finally, Loop Capital lifted their target price on Dynatrace from $45.00 to $55.00 and gave the stock a “hold” rating in a research note on Friday, November 8th. Seven equities research analysts have rated the stock with a hold rating and eighteen have issued a buy rating to the company’s stock. According to MarketBeat, Dynatrace has an average rating of “Moderate Buy” and a consensus price target of $62.08.

Insiders Place Their Bets

In other news, EVP Bernd Greifeneder sold 50,000 shares of the company’s stock in a transaction dated Wednesday, December 4th. The stock was sold at an average price of $57.83, for a total value of $2,891,500.00. Following the completion of the transaction, the executive vice president now directly owns 1,007,038 shares in the company, valued at approximately $58,237,007.54. This represents a 4.73 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Corporate insiders own 0.59% of the company’s stock.

Dynatrace Trading Down 0.2 %

DT stock opened at $50.59 on Tuesday. The company’s 50 day moving average is $54.56 and its 200 day moving average is $51.15. The stock has a market cap of $15.10 billion, a price-to-earnings ratio of 91.98, a price-to-earnings-growth ratio of 7.93 and a beta of 1.02. Dynatrace, Inc. has a 1-year low of $39.42 and a 1-year high of $61.41.

Dynatrace Company Profile

Dynatrace, Inc provides a security platform for multicloud environments in North America, Europe, the Middle East, Africa, the Asia Pacific, and Latin America. The company 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.