Lbp Am Sa Raises Position in Dynatrace, Inc. (NYSE:DT)

LBP AM SA lifted its position in Dynatrace, Inc. (NYSE:DT - Free Report) by 278.7% in the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 467,422 shares of the company's stock after buying an additional 344,005 shares during the quarter. LBP AM SA owned about 0.16% of Dynatrace worth $22,039,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently modified their holdings of DT. Smartleaf Asset Management LLC boosted its holdings in Dynatrace by 40.5% in the 4th quarter. Smartleaf Asset Management LLC now owns 611 shares of the company's stock valued at $33,000 after purchasing an additional 176 shares during the period. SBI Securities Co. Ltd. acquired a new stake in Dynatrace in the fourth quarter valued at about $38,000. Coppell Advisory Solutions LLC grew its holdings in shares of Dynatrace by 1,423.4% during the 4th quarter. Coppell Advisory Solutions LLC now owns 716 shares of the company's stock valued at $39,000 after purchasing an additional 669 shares during the last quarter. CX Institutional acquired a new position in shares of Dynatrace during the first quarter worth $40,000. Finally, Opal Wealth Advisors LLC bought a new position in Dynatrace in the first quarter valued at about $45,000. 94.28% of the stock is owned by institutional investors.

Analyst Upgrades and Downgrades

DT has been the topic of several analyst reports. Royal Bank Of Canada boosted their price objective on shares of Dynatrace from $55.00 to $60.00 and gave the stock an "outperform" rating in a research note on Thursday, May 15th. DA Davidson increased their target price on shares of Dynatrace from $60.00 to $65.00 and gave the stock a "buy" rating in a research note on Thursday, May 15th. Morgan Stanley set a $55.00 price objective on Dynatrace in a report on Thursday, May 15th. Jefferies Financial Group reiterated a "buy" rating on shares of Dynatrace in a research note on Wednesday, May 14th. Finally, UBS Group upped their target price on shares of Dynatrace from $50.00 to $55.00 and gave the stock a "neutral" rating in a research note on Thursday, May 15th. Eight research analysts have rated the stock with a hold rating, fifteen have assigned a buy rating and one has given a strong buy rating to the company's stock. According to data from MarketBeat, the company currently has an average rating of "Moderate Buy" and an average price target of $62.26.

Dynatrace Trading Down 3.8%

Shares of Dynatrace stock traded down $2.11 during trading on Thursday, hitting $54.08. The stock had a trading volume of 1,045,166 shares, compared to its average volume of 3,018,326. Dynatrace, Inc. has a 12 month low of $39.30 and a 12 month high of $63.00. The firm has a market cap of $16.20 billion, a price-to-earnings ratio of 33.80, a P/E/G ratio of 4.85 and a beta of 0.91. The business's 50-day moving average is $53.44 and its 200 day moving average is $52.55.

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

Insider Buying and Selling at Dynatrace

In related 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 value of $862,724.48. Following the transaction, the executive vice president owned 17,242 shares of the company's stock, 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 Securities & Exchange Commission, which is available through the SEC website. Company insiders own 0.59% 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.