Dynatrace, Inc. $DT Shares Bought by Vanguard Personalized Indexing Management LLC

Vanguard Personalized Indexing Management LLC grew its stake in Dynatrace, Inc. (NYSE:DT) by 5.9% during the 2nd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 32,559 shares of the company’s stock after acquiring an additional 1,814 shares during the quarter. Vanguard Personalized Indexing Management LLC’s holdings in Dynatrace were worth $1,798,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also made changes to their positions in DT. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC lifted its position in shares of Dynatrace by 79.4% in the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 6,987,838 shares of the company’s stock valued at $329,477,000 after acquiring an additional 3,092,576 shares in the last quarter. Ameriprise Financial Inc. lifted its position in shares of Dynatrace by 146.4% in the first quarter. Ameriprise Financial Inc. now owns 2,728,251 shares of the company’s stock valued at $128,638,000 after acquiring an additional 1,621,136 shares in the last quarter. Nuveen LLC purchased a new stake in shares of Dynatrace in the first quarter valued at $53,036,000. Goldman Sachs Group Inc. lifted its position in shares of Dynatrace by 14.7% in the first quarter. Goldman Sachs Group Inc. now owns 8,768,711 shares of the company’s stock valued at $413,445,000 after acquiring an additional 1,124,207 shares in the last quarter. Finally, Congress Asset Management Co. lifted its position in shares of Dynatrace by 53.2% in the second quarter. Congress Asset Management Co. now owns 3,118,815 shares of the company’s stock valued at $172,190,000 after acquiring an additional 1,082,413 shares in the last quarter. 94.28% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

Several analysts have recently issued reports on the company. Citigroup reduced their price objective on Dynatrace from $68.00 to $64.00 and set a “buy” rating on the stock in a research report on Monday, August 18th. Oppenheimer initiated coverage on Dynatrace in a research report on Wednesday, August 27th. They set an “outperform” rating and a $65.00 target price on the stock. Guggenheim increased their target price on Dynatrace from $66.00 to $68.00 and gave the stock a “buy” rating in a research report on Thursday, August 7th. Weiss Ratings reiterated a “hold (c+)” rating on shares of Dynatrace in a research report on Wednesday, October 8th. Finally, Wells Fargo & Company initiated coverage on Dynatrace in a research report on Tuesday, September 30th. They set an “overweight” rating and a $65.00 target price on the stock. One equities research analyst has rated the stock with a Strong Buy rating, eighteen have issued a Buy rating and six have assigned a Hold rating to the stock. According to data from MarketBeat.com, Dynatrace presently has a consensus rating of “Moderate Buy” and a consensus target price of $62.96.

Dynatrace Price Performance

Dynatrace stock opened at $47.35 on Friday. The stock’s 50-day moving average is $48.74 and its 200-day moving average is $50.15. The company has a market cap of $14.28 billion, a price-to-earnings ratio of 29.05, a price-to-earnings-growth ratio of 4.22 and a beta of 0.88. Dynatrace, Inc. has a 12 month low of $39.30 and a 12 month high of $63.00.

Dynatrace (NYSE:DT) last released its quarterly earnings data on Wednesday, August 6th. The company reported $0.42 EPS for the quarter, topping analysts’ consensus estimates of $0.38 by $0.04. The company had revenue of $477.35 million for the quarter, compared to the consensus estimate of $467.39 million. Dynatrace had a return on equity of 9.15% and a net margin of 27.75%.The company’s quarterly revenue was up 19.5% compared to the same quarter last year. During the same period last year, the business posted $0.33 EPS. Research analysts anticipate that Dynatrace, Inc. will post 0.68 EPS for the current year.

Insider Transactions at Dynatrace

In other news, Director Lisa M. Campbell sold 1,013 shares of the firm’s stock in a transaction dated Friday, September 5th. The stock was sold at an average price of $49.77, for a total value of $50,417.01. Following the transaction, the director directly owned 1,012 shares in the company, valued at $50,367.24. This trade represents a 50.02% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, CAO Daniel S. Yates sold 2,000 shares of the firm’s stock in a transaction dated Thursday, September 4th. The stock was sold at an average price of $49.89, for a total value of $99,780.00. Following the completion of the transaction, the chief accounting officer owned 22,555 shares in the company, valued at approximately $1,125,268.95. This trade represents a 8.14% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 10,602 shares of company stock worth $529,579 in the last three months. 0.57% of the stock is currently owned by company insiders.

About Dynatrace

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.