Bank Julius Baer & Co. Ltd Zurich Has $17.12 Million Stock Holdings in Dynatrace, Inc. (NYSE:DT)

Bank Julius Baer & Co. Ltd Zurich increased its position in Dynatrace, Inc. (NYSE:DT - Free Report) by 68.6% during the first quarter, according to its most recent Form 13F filing with the SEC. The fund owned 342,029 shares of the company's stock after buying an additional 139,204 shares during the period. Bank Julius Baer & Co. Ltd Zurich owned 0.11% of Dynatrace worth $17,120,000 at the end of the most recent reporting period.

Other hedge funds have also recently added to or reduced their stakes in the company. Dragoneer Investment Group LLC acquired a new position in Dynatrace during the fourth quarter valued at approximately $242,380,000. Alyeska Investment Group L.P. acquired a new position in Dynatrace during the fourth quarter valued at approximately $204,000,000. Norges Bank acquired a new position in Dynatrace during the fourth quarter valued at approximately $192,284,000. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC grew its holdings in Dynatrace by 53.1% during the fourth quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 3,895,262 shares of the company's stock valued at $211,707,000 after purchasing an additional 1,350,794 shares during the last quarter. Finally, Caisse DE Depot ET Placement DU Quebec acquired a new position in Dynatrace during the fourth quarter valued at approximately $51,731,000. Institutional investors and hedge funds own 94.28% of the company's stock.

Dynatrace Stock Down 0.1%

Dynatrace stock traded down $0.04 during mid-day trading on Friday, hitting $54.18. 2,000,925 shares of the company were exchanged, compared to its average volume of 2,311,227. The business has a fifty day moving average of $54.21 and a 200 day moving average of $52.42. Dynatrace, Inc. has a 1-year low of $39.30 and a 1-year high of $63.00. The company has a market capitalization of $16.35 billion, a PE ratio of 33.86, a price-to-earnings-growth ratio of 4.73 and a beta of 0.91.

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

Insider Transactions at Dynatrace

In other Dynatrace news, EVP Dan Zugelder sold 15,824 shares of the 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 completion of the transaction, the executive vice president directly owned 17,242 shares in the company, valued at $940,033.84. This represents a 47.86% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. 0.57% of the stock is owned by corporate insiders.

Wall Street Analyst Weigh In

Several brokerages have commented on DT. KeyCorp began coverage on Dynatrace in a report on Tuesday, June 10th. They set an "overweight" rating and a $69.00 price target on the stock. Morgan Stanley set a $55.00 price target on Dynatrace in a report on Thursday, May 15th. Wall Street Zen downgraded Dynatrace from a "buy" rating to a "hold" rating in a report on Sunday, June 29th. Rosenblatt Securities reiterated a "buy" rating and set a $67.00 price target on shares of Dynatrace in a report on Tuesday, May 13th. Finally, The Goldman Sachs Group increased their price objective on Dynatrace from $56.00 to $64.00 and gave the company a "buy" rating in a research report on Thursday, May 15th. Seven investment analysts have rated the stock with a hold rating, sixteen have given a buy rating and one has given a strong buy rating to the company's stock. Based on data from MarketBeat.com, the company has a consensus rating of "Moderate Buy" and a consensus target price of $62.35.

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.