Asset Management One Co. Ltd. Has $5.73 Million Position in Dynatrace, Inc. (NYSE:DT)

Asset Management One Co. Ltd. grew its holdings in Dynatrace, Inc. (NYSE:DT - Free Report) by 4.0% during the 1st quarter, according to the company in its most recent disclosure with the SEC. The fund owned 121,613 shares of the company's stock after purchasing an additional 4,697 shares during the quarter. Asset Management One Co. Ltd.'s holdings in Dynatrace were worth $5,734,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors also recently made changes to their positions in the business. Smartleaf Asset Management LLC increased its stake in Dynatrace by 40.5% during the fourth quarter. Smartleaf Asset Management LLC now owns 611 shares of the company's stock valued at $33,000 after acquiring an additional 176 shares during the period. SBI Securities Co. Ltd. bought a new position in Dynatrace during the fourth quarter valued at about $38,000. Coppell Advisory Solutions LLC increased its stake in Dynatrace by 1,423.4% during the fourth quarter. Coppell Advisory Solutions LLC now owns 716 shares of the company's stock valued at $39,000 after acquiring an additional 669 shares during the period. CX Institutional bought a new position in Dynatrace during the first quarter valued at about $40,000. Finally, Opal Wealth Advisors LLC bought a new position in Dynatrace during the first quarter valued at about $45,000. 94.28% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

Several equities analysts recently issued reports on the company. DA Davidson boosted their price target on Dynatrace from $60.00 to $65.00 and gave the company a "buy" rating in a research note on Thursday, May 15th. BMO Capital Markets upped their price objective on Dynatrace from $60.00 to $63.00 and gave the company an "outperform" rating in a research note on Thursday, May 15th. Wedbush reiterated an "outperform" rating and issued a $67.00 price objective on shares of Dynatrace in a research note on Friday, May 16th. Loop Capital lowered their price objective on Dynatrace from $55.00 to $44.00 and set a "hold" rating on the stock in a research note on Wednesday, April 23rd. Finally, Barclays upped their price objective on Dynatrace from $55.00 to $62.00 and gave the company an "overweight" rating in a research note on Thursday, May 15th. Eight research analysts have rated the stock with a hold rating, fifteen have given a buy rating and one has given a strong buy rating to the company's stock. According to MarketBeat.com, the stock presently has an average rating of "Moderate Buy" and a consensus price target of $62.26.

Insider Activity

In related news, EVP Dan Zugelder sold 15,824 shares of the firm's stock in a transaction on Monday, June 9th. The stock was sold at an average price of $54.52, for a total transaction of $862,724.48. Following the sale, the executive vice president now owns 17,242 shares of the company's stock, valued at approximately $940,033.84. This trade represents a 47.86% decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through this link. 0.59% of the stock is currently owned by company insiders.

Dynatrace Stock Performance

Shares of DT opened at $54.85 on Friday. The firm has a market capitalization of $16.44 billion, a price-to-earnings ratio of 34.28, a PEG ratio of 4.80 and a beta of 0.92. The business's fifty day moving average price is $51.75 and its two-hundred day moving average price is $52.47. Dynatrace, Inc. has a 52 week low of $39.30 and a 52 week high of $63.00.

Dynatrace (NYSE:DT - Get Free Report) last posted its quarterly earnings results on Wednesday, May 14th. The company reported $0.33 earnings per share for the quarter, beating analysts' consensus estimates of $0.30 by $0.03. The company had revenue of $445.17 million for the quarter, compared to the consensus estimate of $435.14 million. Dynatrace had a return on equity of 9.08% and a net margin of 28.47%. The firm's quarterly revenue was up 16.9% on a year-over-year basis. During the same quarter in the prior year, the business posted $0.30 EPS. As a group, research analysts forecast that Dynatrace, Inc. will post 0.68 EPS for the current year.

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.

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