Teza Capital Management LLC Trims Stake in Dynatrace, Inc. (NYSE:DT)

Teza Capital Management LLC lowered its stake in Dynatrace, Inc. (NYSE:DT - Free Report) by 72.4% during the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 16,230 shares of the company's stock after selling 42,660 shares during the quarter. Teza Capital Management LLC's holdings in Dynatrace were worth $882,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also made changes to their positions in DT. Smartleaf Asset Management LLC increased its holdings in shares of Dynatrace by 40.5% in the fourth quarter. Smartleaf Asset Management LLC now owns 611 shares of the company's stock worth $33,000 after purchasing an additional 176 shares during the last quarter. Captrust Financial Advisors grew its holdings in Dynatrace by 2.9% during the 4th quarter. Captrust Financial Advisors now owns 6,298 shares of the company's stock valued at $342,000 after buying an additional 177 shares in the last quarter. Quadrant Capital Group LLC increased its stake in Dynatrace by 6.9% in the 4th quarter. Quadrant Capital Group LLC now owns 3,358 shares of the company's stock worth $183,000 after acquiring an additional 216 shares during the last quarter. Nations Financial Group Inc. IA ADV increased its stake in Dynatrace by 2.5% in the 4th quarter. Nations Financial Group Inc. IA ADV now owns 9,202 shares of the company's stock worth $500,000 after acquiring an additional 222 shares during the last quarter. Finally, Commonwealth of Pennsylvania Public School Empls Retrmt SYS raised its holdings in shares of Dynatrace by 0.4% during the 4th quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS now owns 65,921 shares of the company's stock worth $3,583,000 after acquiring an additional 253 shares in the last quarter. Institutional investors own 94.28% of the company's stock.

Wall Street Analyst Weigh In

A number of research analysts recently weighed in on the stock. Rosenblatt Securities reissued a "buy" rating and issued a $67.00 target price on shares of Dynatrace in a report on Tuesday, May 13th. Morgan Stanley set a $55.00 price objective on shares of Dynatrace in a research note on Thursday, May 15th. Barclays boosted their target price on shares of Dynatrace from $55.00 to $62.00 and gave the stock an "overweight" rating in a report on Thursday, May 15th. Stifel Nicolaus increased their price target on shares of Dynatrace from $65.00 to $69.00 and gave the company a "buy" rating in a report on Wednesday, February 19th. Finally, Loop Capital dropped their price target on Dynatrace from $55.00 to $44.00 and set a "hold" rating for the company in a research report on Wednesday, April 23rd. Eight analysts have rated the stock with a hold rating and fifteen have issued a buy rating to the company's stock. Based on data from MarketBeat, the company has an average rating of "Moderate Buy" and an average target price of $61.43.

Dynatrace Stock Performance

Dynatrace stock traded up $0.58 during mid-day trading on Thursday, hitting $54.18. The company's stock had a trading volume of 3,244,266 shares, compared to its average volume of 3,128,558. The company has a 50 day moving average of $47.28 and a 200-day moving average of $52.61. Dynatrace, Inc. has a one year low of $39.30 and a one year high of $63.00. The stock has a market cap of $16.22 billion, a PE ratio of 33.86, a P/E/G ratio of 7.05 and a beta of 0.95.

Dynatrace (NYSE:DT - Get Free Report) last posted its quarterly earnings results on Wednesday, May 14th. The company reported $0.33 EPS for the quarter, topping 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 29.51% and a return on equity of 8.98%. The business's revenue for the quarter was up 16.9% on a year-over-year basis. During the same period in the prior year, the business posted $0.30 earnings per share. On average, equities research analysts forecast that Dynatrace, Inc. will post 0.68 EPS for the current fiscal 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.