UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC Has $211.71 Million Stock Holdings in Dynatrace, Inc. (NYSE:DT)

UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC boosted its holdings in shares of Dynatrace, Inc. (NYSE:DT - Free Report) by 53.1% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 3,895,262 shares of the company's stock after buying an additional 1,350,794 shares during the quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC owned about 1.30% of Dynatrace worth $211,707,000 at the end of the most recent quarter.

Several other hedge funds have also recently bought and sold shares of DT. Smartleaf Asset Management LLC increased its holdings in shares of Dynatrace by 40.5% during the fourth quarter. Smartleaf Asset Management LLC now owns 611 shares of the company's stock worth $33,000 after buying an additional 176 shares in the last quarter. SBI Securities Co. Ltd. acquired a new stake in Dynatrace during the 4th quarter worth $38,000. Nisa Investment Advisors LLC grew its holdings in Dynatrace by 271.8% during the 4th quarter. Nisa Investment Advisors LLC now owns 725 shares of the company's stock worth $39,000 after acquiring an additional 530 shares during the period. Coppell Advisory Solutions LLC boosted its position in shares of Dynatrace by 1,423.4% during the fourth quarter. Coppell Advisory Solutions LLC now owns 716 shares of the company's stock worth $39,000 after purchasing an additional 669 shares in the last quarter. Finally, Huntington National Bank boosted its position in shares of Dynatrace by 218.0% during the fourth quarter. Huntington National Bank now owns 884 shares of the company's stock worth $48,000 after purchasing an additional 606 shares in the last quarter. 94.28% of the stock is owned by institutional investors and hedge funds.

Dynatrace Stock Performance

Shares of DT opened at $54.18 on Friday. Dynatrace, Inc. has a fifty-two week low of $39.30 and a fifty-two week high of $63.00. The stock has a market capitalization of $16.22 billion, a PE ratio of 33.86, a P/E/G ratio of 7.05 and a beta of 0.95. The company's fifty day moving average is $47.36 and its 200 day moving average is $52.60.

Dynatrace (NYSE:DT - Get Free Report) last issued its earnings results 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. Dynatrace had a net margin of 29.51% and a return on equity of 8.98%. 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 previous year, the firm earned $0.30 earnings per share. The business's revenue was up 16.9% on a year-over-year basis. As a group, research analysts forecast that Dynatrace, Inc. will post 0.68 earnings per share for the current year.

Wall Street Analysts Forecast Growth

Several equities research analysts have commented on the stock. Rosenblatt Securities reissued a "buy" rating and set a $67.00 price target on shares of Dynatrace in a research report on Tuesday, May 13th. Scotiabank upped their price target on shares of Dynatrace from $62.00 to $67.00 and gave the company a "sector outperform" rating in a research note on Friday, January 31st. Wedbush reissued an "outperform" rating and issued a $67.00 price objective on shares of Dynatrace in a report on Friday, May 16th. Guggenheim reissued a "neutral" rating on shares of Dynatrace in a report on Friday, January 31st. Finally, Cantor Fitzgerald reaffirmed a "neutral" rating and set a $57.00 price target on shares of Dynatrace in a report on Thursday, February 6th. Eight investment analysts have rated the stock with a hold rating and fifteen have given a buy rating to the company's stock. According to MarketBeat.com, Dynatrace presently has an average rating of "Moderate Buy" and an average price target of $61.43.

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.

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