Russell Investments Group Ltd. Has $4.27 Million Holdings in Dynatrace, Inc. (NYSE:DT)

Russell Investments Group Ltd. boosted its position in shares of Dynatrace, Inc. (NYSE:DTGet Rating) by 29.0% during the 1st quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 90,646 shares of the company’s stock after buying an additional 20,368 shares during the quarter. Russell Investments Group Ltd.’s holdings in Dynatrace were worth $4,269,000 as of its most recent SEC filing.

Other large investors have also recently bought and sold shares of the company. Goldman Sachs Group Inc. lifted its stake in shares of Dynatrace by 37.2% in the 4th quarter. Goldman Sachs Group Inc. now owns 4,329,557 shares of the company’s stock valued at $261,289,000 after purchasing an additional 1,173,297 shares during the period. State Street Corp lifted its stake in shares of Dynatrace by 2.6% in the 4th quarter. State Street Corp now owns 4,153,521 shares of the company’s stock valued at $250,665,000 after purchasing an additional 106,732 shares during the period. Geode Capital Management LLC lifted its stake in shares of Dynatrace by 4.7% in the 4th quarter. Geode Capital Management LLC now owns 2,450,438 shares of the company’s stock valued at $147,680,000 after purchasing an additional 110,389 shares during the period. Charles Schwab Investment Management Inc. lifted its stake in shares of Dynatrace by 2.5% in the 4th quarter. Charles Schwab Investment Management Inc. now owns 1,056,401 shares of the company’s stock valued at $63,754,000 after purchasing an additional 26,085 shares during the period. Finally, Cota Capital Management LLC lifted its stake in shares of Dynatrace by 7.1% in the 4th quarter. Cota Capital Management LLC now owns 996,777 shares of the company’s stock valued at $60,155,000 after purchasing an additional 65,763 shares during the period. Institutional investors and hedge funds own 93.84% of the company’s stock.

Dynatrace Trading Down 1.1 %

NYSE:DT opened at $42.85 on Friday. The company has a debt-to-equity ratio of 0.18, a current ratio of 1.15 and a quick ratio of 1.15. The firm has a 50-day moving average of $39.92 and a 200-day moving average of $41.52. The company has a market cap of $12.31 billion, a PE ratio of 306.07, a PEG ratio of 6.01 and a beta of 1.30. Dynatrace, Inc. has a one year low of $29.41 and a one year high of $80.13.

Dynatrace (NYSE:DTGet Rating) last posted its earnings results on Wednesday, May 18th. The company reported $0.07 EPS for the quarter, missing the consensus estimate of $0.08 by ($0.01). Dynatrace had a return on equity of 7.81% and a net margin of 4.18%. The business had revenue of $252.60 million for the quarter, compared to the consensus estimate of $246.54 million. During the same period in the previous year, the firm earned $0.11 earnings per share. The company’s revenue was up 28.5% on a year-over-year basis. As a group, equities research analysts expect that Dynatrace, Inc. will post 0.36 EPS for the current fiscal year.

Insiders Place Their Bets

In other Dynatrace news, CAO Alicia Allen sold 1,336 shares of the company’s stock in a transaction dated Monday, May 16th. The shares were sold at an average price of $34.26, for a total value of $45,771.36. Following the completion of the sale, the chief accounting officer now directly owns 69,738 shares of the company’s stock, valued at approximately $2,389,223.88. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. In other Dynatrace news, CAO Alicia Allen sold 1,336 shares of the business’s stock in a transaction dated Monday, May 16th. The shares were sold at an average price of $34.26, for a total value of $45,771.36. Following the transaction, the chief accounting officer now directly owns 69,738 shares in the company, valued at $2,389,223.88. The transaction was disclosed in a filing with the SEC, which can be accessed through this hyperlink. Also, SVP Bernd Greifeneder sold 6,927 shares of the business’s stock in a transaction dated Monday, May 16th. The shares were sold at an average price of $34.27, for a total transaction of $237,388.29. Following the completion of the transaction, the senior vice president now owns 856,942 shares in the company, valued at $29,367,402.34. The disclosure for this sale can be found here. In the last ninety days, insiders sold 16,468 shares of company stock valued at $564,303. Corporate insiders own 0.51% of the company’s stock.

Analyst Upgrades and Downgrades

A number of analysts recently commented on the stock. Barclays upped their price objective on shares of Dynatrace to $50.00 in a research report on Tuesday. Robert W. Baird lowered their price objective on shares of Dynatrace from $60.00 to $50.00 and set an “outperform” rating for the company in a research report on Thursday, May 19th. Canaccord Genuity Group assumed coverage on shares of Dynatrace in a research report on Friday, July 8th. They issued a “buy” rating and a $55.00 price objective for the company. JMP Securities lowered their price objective on shares of Dynatrace from $80.00 to $50.00 and set a “market outperform” rating for the company in a research report on Friday, May 20th. Finally, BMO Capital Markets increased their target price on Dynatrace from $42.00 to $49.00 and gave the stock an “outperform” rating in a report on Thursday, August 4th. Two research analysts have rated the stock with a hold rating and fifteen have issued a buy rating to the company’s stock. According to data from MarketBeat, Dynatrace presently has a consensus rating of “Moderate Buy” and a consensus price target of $59.24.

About Dynatrace

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Dynatrace, Inc provides a software intelligence platform for dynamic multi-cloud environments. It operates Dynatrace, a software intelligence platform, which provides application and microservices monitoring, runtime application security, infrastructure monitoring, digital experience monitoring, business analytics, and cloud automation.

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