Natixis Advisors LLC Has $11.51 Million Holdings in Dynatrace, Inc. (NYSE:DT)

Natixis Advisors LLC increased its position in Dynatrace, Inc. (NYSE:DT) by 15.0% in the 4th quarter, Holdings Channel reports. The firm owned 211,739 shares of the company’s stock after buying an additional 27,616 shares during the quarter. Natixis Advisors LLC’s holdings in Dynatrace were worth $11,508,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds also recently made changes to their positions in the company. Smartleaf Asset Management LLC raised its holdings in shares of Dynatrace by 40.5% in the 4th quarter. Smartleaf Asset Management LLC now owns 611 shares of the company’s stock worth $33,000 after buying an additional 176 shares in the last quarter. SBI Securities Co. Ltd. bought a new stake in Dynatrace in the fourth quarter valued at $38,000. Nisa Investment Advisors LLC raised its stake in Dynatrace by 271.8% during the fourth quarter. Nisa Investment Advisors LLC now owns 725 shares of the company’s stock worth $39,000 after acquiring an additional 530 shares in the last quarter. UMB Bank n.a. lifted its holdings in shares of Dynatrace by 75.3% during the fourth quarter. UMB Bank n.a. now owns 1,259 shares of the company’s stock valued at $68,000 after acquiring an additional 541 shares during the period. Finally, Steward Partners Investment Advisory LLC boosted its stake in shares of Dynatrace by 173.2% in the 4th quarter. Steward Partners Investment Advisory LLC now owns 1,437 shares of the company’s stock valued at $78,000 after purchasing an additional 911 shares in the last quarter. Institutional investors and hedge funds own 94.28% of the company’s stock.

Analysts Set New Price Targets

Several equities analysts recently issued reports on DT shares. Needham & Company LLC reissued a “hold” rating on shares of Dynatrace in a report on Tuesday, February 18th. Stifel Nicolaus lifted their target price on shares of Dynatrace from $65.00 to $69.00 and gave the company a “buy” rating in a research note on Wednesday, February 19th. Morgan Stanley increased their price target on Dynatrace from $59.00 to $62.00 and gave the stock an “equal weight” rating in a research report on Friday, January 31st. Truist Financial lifted their price objective on Dynatrace from $60.00 to $70.00 and gave the company a “buy” rating in a research report on Thursday, December 12th. Finally, DA Davidson set a $70.00 target price on Dynatrace in a report on Friday, January 31st. Eight investment analysts have rated the stock with a hold rating and fifteen have assigned a buy rating to the company. Based on data from MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus price target of $63.35.

Dynatrace Stock Performance

NYSE DT opened at $49.54 on Thursday. The stock has a market cap of $14.83 billion, a price-to-earnings ratio of 30.96, a PEG ratio of 7.05 and a beta of 1.12. Dynatrace, Inc. has a 52-week low of $39.42 and a 52-week high of $63.00. The business has a 50 day simple moving average of $55.68 and a 200 day simple moving average of $54.44.

Insider Transactions at Dynatrace

In other Dynatrace news, Director Stephen J. Lifshatz sold 2,500 shares of the company’s stock in a transaction on Monday, February 10th. The shares were sold at an average price of $60.88, for a total value of $152,200.00. Following the transaction, the director now directly owns 36,471 shares in the company, valued at $2,220,354.48. The trade was a 6.42 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. Also, CFO James M. Benson sold 34,932 shares of the company’s stock in a transaction on Wednesday, February 12th. The shares were sold at an average price of $61.05, for a total value of $2,132,598.60. Following the completion of the transaction, the chief financial officer now directly owns 339,004 shares in the company, valued at approximately $20,696,194.20. This represents a 9.34 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 117,432 shares of company stock valued at $7,159,599 over the last three months. Company insiders own 0.59% of the company’s stock.

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.