Walter Public Investments Inc. Has $14.99 Million Stock Holdings in Dynatrace, Inc. (NYSE:DT)

Walter Public Investments Inc. lessened its holdings in Dynatrace, Inc. (NYSE:DT) by 16.5% in the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 275,709 shares of the company’s stock after selling 54,345 shares during the period. Dynatrace makes up 2.7% of Walter Public Investments Inc.’s portfolio, making the stock its 22nd biggest position. Walter Public Investments Inc.’s holdings in Dynatrace were worth $14,985,000 as of its most recent SEC filing.

Several other hedge funds have also recently added to or reduced their stakes in the business. Nisa Investment Advisors LLC increased its holdings in shares of 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 buying an additional 530 shares in the last quarter. Capital Performance Advisors LLP bought a new position in shares of Dynatrace in the third quarter valued at approximately $52,000. UMB Bank n.a. raised its stake in shares of Dynatrace by 75.3% in 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 last quarter. First Horizon Advisors Inc. raised its stake in shares of Dynatrace by 53.6% in the third quarter. First Horizon Advisors Inc. now owns 1,510 shares of the company’s stock valued at $81,000 after acquiring an additional 527 shares during the last quarter. Finally, Financial Life Planners acquired a new position in Dynatrace in the fourth quarter worth $83,000. Institutional investors and hedge funds own 94.28% of the company’s stock.

Wall Street Analyst Weigh In

DT has been the topic of several research analyst reports. DA Davidson set a $70.00 target price on Dynatrace in a report on Friday, January 31st. Barclays increased their target price on Dynatrace from $64.00 to $67.00 and gave the stock an “overweight” rating in a report on Friday, December 6th. Needham & Company LLC restated a “hold” rating on shares of Dynatrace in a report on Tuesday, February 18th. Stifel Nicolaus increased their target price on Dynatrace from $65.00 to $69.00 and gave the stock a “buy” rating in a report on Wednesday, February 19th. Finally, Rosenblatt Securities restated a “buy” rating and set a $67.00 target price on shares of Dynatrace in a report on Thursday, February 6th. Eight analysts have rated the stock with a hold rating and sixteen have issued a buy rating to the company. Based on data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $63.25.

Dynatrace Trading Up 0.8 %

NYSE:DT opened at $58.86 on Thursday. Dynatrace, Inc. has a 1-year low of $39.42 and a 1-year high of $63.00. The business’s 50-day moving average price is $56.33 and its two-hundred day moving average price is $54.18. The firm has a market capitalization of $17.62 billion, a price-to-earnings ratio of 36.79, a PEG ratio of 7.05 and a beta of 1.04.

Insider Buying and Selling at Dynatrace

In other news, CEO Rick M. Mcconnell sold 40,000 shares of the firm’s stock in a transaction dated Friday, February 14th. The stock was sold at an average price of $61.42, for a total transaction of $2,456,800.00. Following the sale, the chief executive officer now owns 548,684 shares of the company’s stock, valued at $33,700,171.28. This trade represents a 6.79 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, CFO James M. Benson sold 34,932 shares of the firm’s stock in a transaction dated Wednesday, February 12th. The stock was sold at an average price of $61.05, for a total value of $2,132,598.60. Following the sale, 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 position. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 167,459 shares of company stock valued at $10,052,682. 0.59% of the stock is currently owned by company insiders.

Dynatrace 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.