Keybank National Association OH cut its position in Dynatrace, Inc. (NYSE:DT – Free Report) by 60.5% during the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 223,694 shares of the company’s stock after selling 342,278 shares during the period. Keybank National Association OH owned 0.08% of Dynatrace worth $8,272,000 as of its most recent filing with the Securities and Exchange Commission.
Other hedge funds and other institutional investors have also modified their holdings of the company. V Square Quantitative Management LLC purchased a new stake in shares of Dynatrace during the 4th quarter worth $26,000. RHL Group LLC purchased a new position in Dynatrace in the fourth quarter valued at $30,000. Brown Lisle Cummings Inc. increased its holdings in Dynatrace by 218.8% in the first quarter. Brown Lisle Cummings Inc. now owns 797 shares of the company’s stock valued at $29,000 after buying an additional 547 shares during the last quarter. Larson Financial Group LLC raised its stake in Dynatrace by 168.8% in the fourth quarter. Larson Financial Group LLC now owns 809 shares of the company’s stock valued at $35,000 after buying an additional 508 shares in the last quarter. Finally, True Wealth Design LLC raised its stake in Dynatrace by 99.6% in the fourth quarter. True Wealth Design LLC now owns 896 shares of the company’s stock valued at $39,000 after buying an additional 447 shares in the last quarter. 94.28% of the stock is currently owned by institutional investors and hedge funds.
Analysts Set New Price Targets
Several research analysts have recently issued reports on DT shares. JPMorgan Chase & Co. lowered their price objective on Dynatrace from $50.00 to $45.00 and set an “overweight” rating for the company in a research report on Thursday, May 14th. UBS Group raised Dynatrace from a “neutral” rating to a “buy” rating and raised their target price for the stock from $36.00 to $60.00 in a research report on Monday, June 15th. DA Davidson lowered their price target on Dynatrace from $50.00 to $45.00 and set a “buy” rating for the company in a report on Thursday, May 14th. Rosenblatt Securities dropped their price target on shares of Dynatrace from $60.00 to $52.00 and set a “buy” rating on the stock in a research note on Friday, May 1st. Finally, Royal Bank Of Canada cut their price objective on shares of Dynatrace from $50.00 to $45.00 and set an “outperform” rating on the stock in a report on Thursday, May 14th. Twenty-two equities research analysts have rated the stock with a Buy rating, six have given a Hold rating and one has given a Sell rating to the company. According to MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $47.88.
Dynatrace Stock Performance
Shares of DT opened at $44.75 on Friday. Dynatrace, Inc. has a fifty-two week low of $31.64 and a fifty-two week high of $57.55. The firm has a 50-day simple moving average of $40.46 and a 200-day simple moving average of $39.29. The company has a market capitalization of $13.04 billion, a price-to-earnings ratio of 82.88, a price-to-earnings-growth ratio of 2.87 and a beta of 0.73.
Dynatrace (NYSE:DT – Get Free Report) last issued its quarterly earnings results on Wednesday, May 13th. The company reported $0.41 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.39 by $0.02. The firm had revenue of $531.72 million for the quarter, compared to analysts’ expectations of $521.01 million. Dynatrace had a return on equity of 10.37% and a net margin of 8.06%.The firm’s revenue for the quarter was up 19.4% on a year-over-year basis. During the same quarter in the previous year, the firm posted $0.33 EPS. Dynatrace has set its FY 2027 guidance at 1.930-1.950 EPS and its Q1 2027 guidance at 0.440-0.450 EPS. Equities research analysts forecast that Dynatrace, Inc. will post 1.12 EPS for the current year.
Dynatrace Company Profile
Dynatrace is a global software intelligence company specializing in application performance management (APM), cloud infrastructure monitoring, and digital experience management. Its flagship offering, the Dynatrace Software Intelligence Platform, leverages artificial intelligence to provide real-time observability across distributed environments, including on-premises data centers, private clouds, public clouds and hybrid deployments. Organizations rely on Dynatrace to detect anomalies, troubleshoot performance issues and optimize end-user experiences through automated root-cause analysis powered by the company’s engine, Davis.
The Dynatrace platform comprises modules for full-stack application monitoring, digital experience monitoring, infrastructure monitoring and business analytics.
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