Dynatrace, Inc. $DT Shares Acquired by B. Metzler seel. Sohn & Co. AG

Key Points

• B. Metzler seel. Sohn & Co. AG significantly increased its position in Dynatrace, Inc. by 81.2%, owning 13,189 shares worth approximately $622,000 after acquiring an additional 5,910 shares in the first quarter.
• Several institutional investors, including Ameriprise Financial Inc. and Goldman Sachs Group Inc., have also raised their stakes in Dynatrace, indicating strong institutional confidence in the company.
• Dynatrace reported a quarterly revenue of $477.35 million, surpassing analysts' expectations, alongside a reported earnings per share of $0.42, beating the consensus estimate.

B. Metzler seel. Sohn & Co. AG grew its position in Dynatrace, Inc. (NYSE:DT - Free Report) by 81.2% during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 13,189 shares of the company's stock after purchasing an additional 5,910 shares during the period. B. Metzler seel. Sohn & Co. AG's holdings in Dynatrace were worth $622,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also modified their holdings of the company. Vanguard Group Inc. lifted its stake in shares of Dynatrace by 0.5% in the 1st quarter. Vanguard Group Inc. now owns 30,318,707 shares of the company's stock valued at $1,429,527,000 after purchasing an additional 157,523 shares in the last quarter. Janus Henderson Group PLC lifted its stake in shares of Dynatrace by 5.6% in the 4th quarter. Janus Henderson Group PLC now owns 9,361,736 shares of the company's stock valued at $508,811,000 after purchasing an additional 493,987 shares in the last quarter. Goldman Sachs Group Inc. lifted its stake in shares of Dynatrace by 14.7% in the 1st quarter. Goldman Sachs Group Inc. now owns 8,768,711 shares of the company's stock valued at $413,445,000 after purchasing an additional 1,124,207 shares in the last quarter. American Century Companies Inc. lifted its stake in shares of Dynatrace by 3.1% in the 1st quarter. American Century Companies Inc. now owns 7,801,331 shares of the company's stock valued at $367,833,000 after purchasing an additional 230,967 shares in the last quarter. Finally, Dragoneer Investment Group LLC acquired a new position in shares of Dynatrace in the 4th quarter valued at about $242,380,000. 94.28% of the stock is owned by institutional investors and hedge funds.

Dynatrace Stock Up 0.3%

Shares of DT traded up $0.17 during trading on Friday, reaching $49.94. The company's stock had a trading volume of 3,710,299 shares, compared to its average volume of 3,141,866. The company has a fifty day moving average of $51.48 and a two-hundred day moving average of $50.94. Dynatrace, Inc. has a twelve month low of $39.30 and a twelve month high of $63.00. The company has a market cap of $15.06 billion, a price-to-earnings ratio of 30.64, a P/E/G ratio of 4.40 and a beta of 0.91.

Dynatrace (NYSE:DT - Get Free Report) last announced its earnings results on Wednesday, August 6th. The company reported $0.42 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.38 by $0.04. Dynatrace had a return on equity of 9.15% and a net margin of 27.75%.The company had revenue of $477.35 million for the quarter, compared to analyst estimates of $467.39 million. During the same period in the prior year, the company posted $0.33 EPS. Dynatrace's quarterly revenue was up 19.5% on a year-over-year basis. As a group, equities analysts forecast that Dynatrace, Inc. will post 0.68 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

Several equities analysts have recently weighed in on DT shares. Morgan Stanley set a $55.00 price objective on Dynatrace in a research note on Thursday, May 15th. BMO Capital Markets reduced their price target on Dynatrace from $63.00 to $62.00 and set an "outperform" rating on the stock in a research report on Thursday, August 7th. Barclays boosted their price target on Dynatrace from $55.00 to $62.00 and gave the stock an "overweight" rating in a research report on Thursday, May 15th. Royal Bank Of Canada boosted their price target on Dynatrace from $60.00 to $64.00 and gave the stock an "outperform" rating in a research report on Thursday, August 7th. Finally, DA Davidson boosted their price target on Dynatrace from $60.00 to $65.00 and gave the stock a "buy" rating in a research report on Thursday, May 15th. One equities research analyst has rated the stock with a Strong Buy rating, seventeen have given a Buy rating and six have assigned a Hold rating to the company's stock. According to MarketBeat.com, the stock presently has a consensus rating of "Moderate Buy" and a consensus price target of $62.72.

Insider Buying and Selling

In related news, CAO Daniel S. Yates sold 2,000 shares of the company's stock in a transaction that occurred on Thursday, September 4th. The stock was sold at an average price of $49.89, for a total transaction of $99,780.00. Following the sale, the chief accounting officer directly owned 22,555 shares of the company's stock, valued at approximately $1,125,268.95. This represents a 8.14% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, EVP Dan Zugelder sold 15,824 shares of the company's stock in a transaction that occurred on Monday, June 9th. The shares were sold at an average price of $54.52, for a total value of $862,724.48. Following the sale, the executive vice president directly owned 17,242 shares in the company, valued at approximately $940,033.84. This represents a 47.86% decrease in their ownership of the stock. The disclosure for this sale can be found here. Corporate insiders own 0.57% of the company's stock.

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.