Robeco Institutional Asset Management B.V. Has $42.31 Million Position in Dynatrace, Inc. (NYSE:DT)

Robeco Institutional Asset Management B.V. increased its stake in Dynatrace, Inc. (NYSE:DT - Free Report) by 235.1% in the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 897,442 shares of the company's stock after buying an additional 629,626 shares during the period. Robeco Institutional Asset Management B.V. owned about 0.30% of Dynatrace worth $42,314,000 at the end of the most recent reporting period.

Several other institutional investors have also recently added to or reduced their stakes in DT. Oregon Public Employees Retirement Fund increased its holdings in Dynatrace by 0.7% in the fourth quarter. Oregon Public Employees Retirement Fund now owns 60,699 shares of the company's stock valued at $3,299,000 after buying an additional 400 shares during the last quarter. Mn Services Vermogensbeheer B.V. grew its position in shares of Dynatrace by 5.3% in the 4th quarter. Mn Services Vermogensbeheer B.V. now owns 113,400 shares of the company's stock worth $6,163,000 after acquiring an additional 5,700 shares in the last quarter. Proficio Capital Partners LLC bought a new stake in shares of Dynatrace in the 4th quarter valued at approximately $1,057,000. Versor Investments LP bought a new stake in shares of Dynatrace in the 4th quarter valued at approximately $533,000. Finally, QRG Capital Management Inc. raised its position in shares of Dynatrace by 16.9% during the 4th quarter. QRG Capital Management Inc. now owns 64,099 shares of the company's stock valued at $3,484,000 after acquiring an additional 9,251 shares in the last quarter. 94.28% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

A number of research firms have commented on DT. UBS Group lifted their price objective on shares of Dynatrace from $50.00 to $55.00 and gave the stock a "neutral" rating in a report on Thursday, May 15th. Bank of America raised their price target on shares of Dynatrace from $62.00 to $64.00 and gave the stock a "buy" rating in a research report on Thursday, May 15th. Rosenblatt Securities reaffirmed a "buy" rating and issued a $67.00 price target on shares of Dynatrace in a report on Tuesday, May 13th. Wedbush reiterated an "outperform" rating and set a $67.00 price objective on shares of Dynatrace in a research note on Friday, May 16th. Finally, BMO Capital Markets lifted their target price on Dynatrace from $60.00 to $63.00 and gave the company an "outperform" rating in a research note on Thursday, May 15th. Eight equities research analysts have rated the stock with a hold rating, fifteen have issued a buy rating and one has assigned a strong buy rating to the stock. According to MarketBeat.com, the stock currently has a consensus rating of "Moderate Buy" and a consensus price target of $62.26.

Dynatrace Stock Performance

Shares of NYSE DT traded down $0.77 during midday trading on Tuesday, reaching $54.44. 2,295,493 shares of the company traded hands, compared to its average volume of 2,983,386. The stock's 50-day simple moving average is $52.24 and its 200-day simple moving average is $52.46. The firm has a market cap of $16.31 billion, a PE ratio of 34.03, a PEG ratio of 4.82 and a beta of 0.91. Dynatrace, Inc. has a 12 month low of $39.30 and a 12 month high of $63.00.

Dynatrace (NYSE:DT - Get Free Report) last announced its quarterly earnings data on Wednesday, May 14th. The company reported $0.33 earnings per share (EPS) for the quarter, beating analysts' consensus estimates 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 net margin of 28.47% and a return on equity of 9.08%. The business's revenue for the quarter was up 16.9% on a year-over-year basis. During the same period last year, the firm earned $0.30 earnings per share. On average, equities research analysts expect that Dynatrace, Inc. will post 0.68 EPS for the current year.

Insider Transactions at Dynatrace

In other news, EVP Dan Zugelder sold 15,824 shares of the business's stock in a transaction 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 owned 17,242 shares of the company's stock, valued at $940,033.84. The trade was a 47.86% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Corporate 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.