Dynatrace, Inc. (NYSE:DT) Shares Bought by Universal Beteiligungs und Servicegesellschaft mbH

Key Points

• Universal Beteiligungs und Servicegesellschaft mbH has increased its stake in Dynatrace, Inc. by 16.0% during the 1st quarter, bringing their ownership to 117,069 shares valued at approximately $5.52 million.
• Dynatrace reported earnings per share (EPS) of $0.33 for the latest quarter, exceeding analysts' expectations, with revenue growth of 16.9% compared to the same period last year.
• The stock has a market capitalization of $16.35 billion and analysts have set an average price target of $62.35 for Dynatrace, indicating a consensus rating of "Moderate Buy."

Universal Beteiligungs und Servicegesellschaft mbH grew its stake in shares of Dynatrace, Inc. (NYSE:DT - Free Report) by 16.0% in the first quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 117,069 shares of the company's stock after acquiring an additional 16,164 shares during the period. Universal Beteiligungs und Servicegesellschaft mbH's holdings in Dynatrace were worth $5,520,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently bought and sold shares of DT. Coppell Advisory Solutions LLC raised its position in Dynatrace by 1,423.4% in the 4th quarter. Coppell Advisory Solutions LLC now owns 716 shares of the company's stock worth $39,000 after purchasing an additional 669 shares during the period. CX Institutional bought a new stake in shares of Dynatrace during the 1st quarter valued at about $40,000. Huntington National Bank boosted its stake in shares of Dynatrace by 218.0% during the 4th quarter. Huntington National Bank now owns 884 shares of the company's stock valued at $48,000 after purchasing an additional 606 shares in the last quarter. Opal Wealth Advisors LLC bought a new stake in Dynatrace during the first quarter worth about $45,000. Finally, MassMutual Private Wealth & Trust FSB boosted its stake in Dynatrace by 35.4% during the first quarter. MassMutual Private Wealth & Trust FSB now owns 979 shares of the company's stock worth $46,000 after acquiring an additional 256 shares in the last quarter. 94.28% of the stock is owned by institutional investors.

Dynatrace Stock Performance

DT stock traded down $0.16 during trading on Thursday, reaching $53.76. The company had a trading volume of 763,062 shares, compared to its average volume of 2,935,686. The firm has a 50-day simple moving average of $54.27 and a 200-day simple moving average of $52.48. The company has a market cap of $16.22 billion, a price-to-earnings ratio of 33.57, a price-to-earnings-growth ratio of 4.77 and a beta of 0.91. Dynatrace, Inc. has a twelve month low of $39.30 and a twelve month high of $63.00.

Dynatrace (NYSE:DT - Get Free Report) last released its 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. Dynatrace had a net margin of 28.47% and a return on equity of 9.08%. The company had revenue of $445.17 million during the quarter, compared to analysts' expectations of $435.14 million. During the same period last year, the business earned $0.30 EPS. Dynatrace's revenue for the quarter was up 16.9% on a year-over-year basis. Sell-side analysts expect that Dynatrace, Inc. will post 0.68 earnings per share for the current year.

Analysts Set New Price Targets

A number of brokerages recently weighed in on DT. Barclays boosted their price objective on shares of Dynatrace from $55.00 to $62.00 and gave the stock an "overweight" rating in a report on Thursday, May 15th. Wall Street Zen cut shares of Dynatrace from a "buy" rating to a "hold" rating in a report on Sunday, June 29th. Loop Capital cut their target price on shares of Dynatrace from $55.00 to $44.00 and set a "hold" rating for the company in a research report on Wednesday, April 23rd. The Goldman Sachs Group boosted their target price on shares of Dynatrace from $56.00 to $64.00 and gave the company a "buy" rating in a research report on Thursday, May 15th. Finally, Rosenblatt Securities restated a "buy" rating and set a $67.00 target price on shares of Dynatrace in a research report on Tuesday, May 13th. Seven investment analysts have rated the stock with a hold rating, sixteen have assigned a buy rating and one has given a strong buy rating to the stock. According to data from MarketBeat.com, the company has a consensus rating of "Moderate Buy" and a consensus price target of $62.35.

Insider Transactions at Dynatrace

In other Dynatrace news, EVP Dan Zugelder sold 15,824 shares of the firm's stock in a transaction that occurred on Monday, June 9th. The shares were sold at an average price of $54.52, for a total transaction of $862,724.48. Following the completion of the transaction, the executive vice president directly owned 17,242 shares of the company's stock, valued at approximately $940,033.84. This trade represents a 47.86% decrease in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. Corporate insiders own 0.57% 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.