Vontobel Holding Ltd. Lowers Position in Dynatrace, Inc. (NYSE:DT)

Vontobel Holding Ltd. lowered its holdings in Dynatrace, Inc. (NYSE:DT - Free Report) by 63.6% in the 1st quarter, according to the company in its most recent filing with the SEC. The firm 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.

Several other institutional investors and hedge funds have also bought and sold shares of DT. Smartleaf Asset Management LLC lifted its stake in shares of Dynatrace by 40.5% in the 4th quarter. Smartleaf Asset Management LLC now owns 611 shares of the company's stock valued at $33,000 after purchasing an additional 176 shares during the period. SBI Securities Co. Ltd. purchased a new position in shares of Dynatrace in the 4th quarter valued at approximately $38,000. Coppell Advisory Solutions LLC lifted its stake in shares of Dynatrace by 1,423.4% in the 4th quarter. Coppell Advisory Solutions LLC now owns 716 shares of the company's stock valued at $39,000 after purchasing an additional 669 shares during the period. CX Institutional purchased a new position in shares of Dynatrace in the 1st quarter valued at approximately $40,000. Finally, Opal Wealth Advisors LLC purchased a new position in shares of Dynatrace in the 1st quarter valued at approximately $45,000. Hedge funds and other institutional investors own 94.28% of the company's stock.

Wall Street Analyst Weigh In

A number of research analysts have recently commented on the company. Morgan Stanley set a $55.00 target price on Dynatrace in a research note on Thursday, May 15th. The Goldman Sachs Group raised their target price on Dynatrace from $56.00 to $64.00 and gave the company a "buy" rating in a research note on Thursday, May 15th. Rosenblatt Securities restated a "buy" rating and issued a $67.00 target price on shares of Dynatrace in a research note on Tuesday, May 13th. Jefferies Financial Group reaffirmed a "buy" rating on shares of Dynatrace in a research report on Wednesday, May 14th. Finally, Wall Street Zen lowered Dynatrace from a "buy" rating to a "hold" rating in a research report on Sunday, June 29th. Eight research analysts have rated the stock with a hold rating, fifteen have given a buy rating and one has assigned a strong buy rating to the company's stock. According to MarketBeat.com, the stock currently has a consensus rating of "Moderate Buy" and an average target price of $62.26.

Dynatrace Price Performance

Shares of DT traded down $1.99 during trading hours on Thursday, hitting $54.20. The stock had a trading volume of 562,700 shares, compared to its average volume of 2,977,699. Dynatrace, Inc. has a 12 month low of $39.30 and a 12 month high of $63.00. The firm has a market capitalization of $16.24 billion, a PE ratio of 33.86, a PEG ratio of 4.85 and a beta of 0.91. The stock has a fifty day moving average price of $53.44 and a 200 day moving average price of $52.55.

Dynatrace (NYSE:DT - Get Free Report) last issued its quarterly earnings data on Wednesday, May 14th. The company reported $0.33 EPS 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 company had revenue of $445.17 million during the quarter, compared to analyst estimates of $435.14 million. During the same quarter in the previous year, the company posted $0.30 earnings per share. Dynatrace's revenue was up 16.9% compared to the same quarter last year. As a group, analysts anticipate that Dynatrace, Inc. will post 0.68 EPS for the current fiscal year.

Insider Activity at Dynatrace

In related news, EVP Dan Zugelder sold 15,824 shares of Dynatrace stock in a transaction 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 owned 17,242 shares of the company's stock, valued at $940,033.84. The trade was a 47.86% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this link. 0.59% of the stock is owned by insiders.

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.