Vontobel Holding Ltd. Has $239,000 Position in Dynatrace, Inc. (NYSE:DT)

Vontobel Holding Ltd. reduced its holdings in Dynatrace, Inc. (NYSE:DT - Free Report) by 63.6% in the first quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 5,066 shares of the company's stock after selling 8,837 shares during the quarter. Vontobel Holding Ltd.'s holdings in Dynatrace were worth $239,000 at the end of the most recent quarter.

Other institutional investors also recently modified their holdings of the company. Dragoneer Investment Group LLC bought a new stake in shares of Dynatrace in the fourth quarter valued at approximately $242,380,000. Alyeska Investment Group L.P. purchased a new stake in shares of Dynatrace in the 4th quarter valued at about $204,000,000. Norges Bank purchased a new stake in Dynatrace in the fourth quarter valued at approximately $192,284,000. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC lifted its holdings in shares of Dynatrace by 53.1% during the 4th quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 3,895,262 shares of the company's stock worth $211,707,000 after acquiring an additional 1,350,794 shares during the last quarter. Finally, Caisse DE Depot ET Placement DU Quebec purchased a new position in shares of Dynatrace in the 4th quarter worth about $51,731,000. Institutional investors and hedge funds own 94.28% of the company's stock.

Insider Buying and Selling

In other news, EVP Dan Zugelder sold 15,824 shares of the firm's stock in a transaction that occurred on Monday, June 9th. The stock was sold at an average price of $54.52, for a total value of $862,724.48. Following the completion of the sale, the executive vice president directly owned 17,242 shares of the company's stock, valued at $940,033.84. This trade represents a 47.86% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at this link. 0.59% of the stock is owned by company insiders.

Dynatrace Trading Down 6.0%

Shares of Dynatrace stock traded down $3.40 during mid-day trading on Thursday, reaching $52.79. 3,462,038 shares of the stock were exchanged, compared to its average volume of 2,993,506. Dynatrace, Inc. has a fifty-two week low of $39.30 and a fifty-two week high of $63.00. The firm has a 50-day simple moving average of $53.44 and a 200 day simple moving average of $52.55. The company has a market cap of $15.93 billion, a price-to-earnings ratio of 33.00, a price-to-earnings-growth ratio of 4.91 and a beta of 0.91.

Dynatrace (NYSE:DT - Get Free Report) last announced its quarterly earnings data on Wednesday, May 14th. The company reported $0.33 earnings per share for the quarter, topping the consensus estimate of $0.30 by $0.03. Dynatrace had a return on equity of 9.08% and a net margin of 28.47%. The firm had revenue of $445.17 million during the quarter, compared to analysts' expectations of $435.14 million. During the same period in the previous year, the business posted $0.30 EPS. The company's quarterly revenue was up 16.9% compared to the same quarter last year. On average, research analysts predict that Dynatrace, Inc. will post 0.68 EPS for the current fiscal year.

Analysts Set New Price Targets

DT has been the subject of a number of recent analyst reports. Wall Street Zen lowered shares of Dynatrace from a "buy" rating to a "hold" rating in a report on Sunday, June 29th. KeyCorp began coverage on shares of Dynatrace in a research note on Tuesday, June 10th. They issued an "overweight" rating and a $69.00 price target for the company. Barclays raised their price target on Dynatrace from $55.00 to $62.00 and gave the company an "overweight" rating in a report on Thursday, May 15th. Jefferies Financial Group reiterated a "buy" rating on shares of Dynatrace in a research note on Wednesday, May 14th. Finally, DA Davidson raised their target price on shares of Dynatrace from $60.00 to $65.00 and gave the stock a "buy" rating in a report on Thursday, May 15th. Eight investment analysts have rated the stock with a hold rating, fifteen have issued a buy rating and one has issued a strong buy rating to the company's stock. According to data from MarketBeat.com, the stock currently has a consensus rating of "Moderate Buy" and an average price target of $62.26.

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.