Universal Beteiligungs und Servicegesellschaft mbH Takes $5.48 Million Position in Dynatrace, Inc. (NYSE:DT)

Universal Beteiligungs und Servicegesellschaft mbH acquired a new stake in Dynatrace, Inc. (NYSE:DT - Free Report) in the 4th quarter, according to the company in its most recent disclosure with the SEC. The fund acquired 100,905 shares of the company's stock, valued at approximately $5,484,000.

A number of other institutional investors and hedge funds have also recently bought and sold shares of DT. QRG Capital Management Inc. increased its stake in Dynatrace by 16.9% in the fourth 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 during the period. OFI Invest Asset Management acquired a new position in shares of Dynatrace during the fourth quarter worth approximately $842,000. Allstate Corp acquired a new position in shares of Dynatrace during the fourth quarter worth approximately $471,000. Metis Global Partners LLC acquired a new position in shares of Dynatrace during the fourth quarter worth approximately $571,000. Finally, TimesSquare Capital Management LLC acquired a new position in Dynatrace in the fourth quarter valued at approximately $73,906,000. Institutional investors and hedge funds own 94.28% of the company's stock.

Dynatrace Stock Up 0.6%

Shares of NYSE:DT traded up $0.35 during midday trading on Tuesday, hitting $54.16. The stock had a trading volume of 1,266,784 shares, compared to its average volume of 3,120,472. The company's 50-day moving average price is $47.87 and its 200-day moving average price is $52.58. The company has a market capitalization of $16.23 billion, a P/E ratio of 33.89, a price-to-earnings-growth ratio of 7.05 and a beta of 0.95. Dynatrace, Inc. has a fifty-two week low of $39.30 and a fifty-two week high of $63.00.

Dynatrace (NYSE:DT - Get Free Report) last announced its quarterly earnings results on Wednesday, May 14th. The company reported $0.33 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.30 by $0.03. The company had revenue of $445.17 million for the quarter, compared to analyst estimates of $435.14 million. Dynatrace had a net margin of 29.51% and a return on equity of 8.98%. The firm's revenue was up 16.9% on a year-over-year basis. During the same period in the previous year, the firm posted $0.30 EPS. Research analysts expect that Dynatrace, Inc. will post 0.68 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

Several brokerages recently weighed in on DT. UBS Group increased their price objective on shares of Dynatrace from $50.00 to $55.00 and gave the company a "neutral" rating in a report on Thursday, May 15th. Jefferies Financial Group reissued a "buy" rating on shares of Dynatrace in a research report on Wednesday, May 14th. Bank of America increased their target price on shares of Dynatrace from $62.00 to $64.00 and gave the stock a "buy" rating in a report on Thursday, May 15th. The Goldman Sachs Group increased their target price on shares of Dynatrace from $56.00 to $64.00 and gave the stock a "buy" rating in a report on Thursday, May 15th. Finally, Wedbush reiterated an "outperform" rating and issued a $67.00 price target on shares of Dynatrace in a research note on Friday, May 16th. Eight research analysts have rated the stock with a hold rating and fifteen have assigned a buy rating to the company. According to data from MarketBeat.com, the company has an average rating of "Moderate Buy" and an average price target of $61.43.

Dynatrace 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.