Yousif Capital Management LLC Lowers Stock Position in Dynatrace, Inc. (NYSE:DT)

Yousif Capital Management LLC trimmed its position in shares of Dynatrace, Inc. (NYSE:DT) by 1.8% in the first quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 103,585 shares of the company’s stock after selling 1,881 shares during the period. Yousif Capital Management LLC’s holdings in Dynatrace were worth $4,884,000 as of its most recent SEC filing.

Other large investors have also made changes to their positions in the company. Smartleaf Asset Management LLC increased its stake in Dynatrace by 40.5% during the fourth quarter. Smartleaf Asset Management LLC now owns 611 shares of the company’s stock worth $33,000 after acquiring an additional 176 shares during the last quarter. SBI Securities Co. Ltd. purchased a new stake in shares of Dynatrace during the 4th quarter worth about $38,000. Coppell Advisory Solutions LLC increased its position in Dynatrace by 1,423.4% during 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 in the last quarter. MassMutual Private Wealth & Trust FSB increased its position in Dynatrace by 35.4% during the 1st quarter. MassMutual Private Wealth & Trust FSB now owns 979 shares of the company’s stock worth $46,000 after purchasing an additional 256 shares in the last quarter. Finally, Huntington National Bank raised its holdings in Dynatrace by 218.0% in the fourth quarter. Huntington National Bank now owns 884 shares of the company’s stock valued at $48,000 after buying an additional 606 shares during the period. 94.28% of the stock is owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

Several research firms have issued reports on DT. Morgan Stanley set a $55.00 price objective on shares of Dynatrace in a research note on Thursday, May 15th. The Goldman Sachs Group upped their price target on shares of Dynatrace from $56.00 to $64.00 and gave the stock a “buy” rating in a research report on Thursday, May 15th. Loop Capital lowered their price target on Dynatrace from $55.00 to $44.00 and set a “hold” rating for the company in a report on Wednesday, April 23rd. Barclays boosted their price objective on Dynatrace from $55.00 to $62.00 and gave the stock an “overweight” rating in a research note on Thursday, May 15th. Finally, Royal Bank of Canada upped their target price on Dynatrace from $55.00 to $60.00 and gave the stock an “outperform” rating in a research report on Thursday, May 15th. Eight 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. Based on data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $61.75.

Insiders Place Their Bets

In other Dynatrace news, EVP Dan Zugelder sold 15,824 shares of the business’s stock in a transaction 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 sale, the executive vice president now owns 17,242 shares in the company, valued at $940,033.84. The trade was a 47.86% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. 0.59% of the stock is currently owned by company insiders.

Dynatrace Price Performance

DT opened at $53.89 on Thursday. Dynatrace, Inc. has a 12-month low of $39.30 and a 12-month high of $63.00. The stock has a market capitalization of $16.15 billion, a PE ratio of 33.68, a P/E/G ratio of 7.05 and a beta of 0.92. The firm’s fifty day moving average price is $48.91 and its 200 day moving average price is $52.66.

Dynatrace (NYSE:DT) last released its earnings results 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 net margin of 29.51% and a return on equity of 8.98%. The company had revenue of $445.17 million during the quarter, compared to the consensus estimate of $435.14 million. During the same quarter in the previous year, the firm earned $0.30 EPS. The company’s revenue was up 16.9% on a year-over-year basis. On average, equities research analysts forecast that Dynatrace, Inc. will post 0.68 earnings per share for the current fiscal year.

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.