Hantz Financial Services Inc. Lowers Position in Dynatrace, Inc. $DT

Hantz Financial Services Inc. cut its holdings in shares of Dynatrace, Inc. (NYSE:DTFree Report) by 23.0% in the fourth quarter, HoldingsChannel.com reports. The firm owned 117,995 shares of the company’s stock after selling 35,242 shares during the quarter. Hantz Financial Services Inc.’s holdings in Dynatrace were worth $5,114,000 at the end of the most recent quarter.

A number of other hedge funds have also modified their holdings of the business. Vanguard Group Inc. raised its position in Dynatrace by 2.4% in the 3rd quarter. Vanguard Group Inc. now owns 32,142,909 shares of the company’s stock valued at $1,557,324,000 after purchasing an additional 739,895 shares in the last quarter. Pictet Asset Management Holding SA raised its position in Dynatrace by 16.5% in the 4th quarter. Pictet Asset Management Holding SA now owns 14,648,533 shares of the company’s stock valued at $634,985,000 after purchasing an additional 2,076,990 shares in the last quarter. State Street Corp raised its position in Dynatrace by 2.8% in the 3rd quarter. State Street Corp now owns 10,562,363 shares of the company’s stock valued at $511,746,000 after purchasing an additional 286,352 shares in the last quarter. American Century Companies Inc. raised its position in Dynatrace by 0.9% in the 3rd quarter. American Century Companies Inc. now owns 7,919,446 shares of the company’s stock valued at $383,697,000 after purchasing an additional 73,827 shares in the last quarter. Finally, Wellington Management Group LLP raised its position in Dynatrace by 719.3% in the 3rd quarter. Wellington Management Group LLP now owns 7,340,127 shares of the company’s stock valued at $355,629,000 after purchasing an additional 6,444,262 shares in the last quarter. 94.28% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

A number of equities research analysts have issued reports on the company. Wolfe Research reaffirmed an “outperform” rating and issued a $42.00 price target on shares of Dynatrace in a research report on Thursday, May 14th. KeyCorp reduced their price target on Dynatrace from $52.00 to $47.00 and set an “overweight” rating on the stock in a research report on Thursday, May 14th. DA Davidson cut their target price on Dynatrace from $50.00 to $45.00 and set a “buy” rating on the stock in a research report on Thursday, May 14th. Keefe, Bruyette & Woods raised Dynatrace to a “buy” rating in a research report on Monday, February 9th. Finally, Rosenblatt Securities cut their target price on Dynatrace from $60.00 to $52.00 and set a “buy” rating on the stock in a research report on Friday, May 1st. Twenty-one analysts have rated the stock with a Buy rating, six have assigned a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat.com, Dynatrace has a consensus rating of “Moderate Buy” and an average price target of $46.50.

View Our Latest Research Report on DT

Insider Buying and Selling at Dynatrace

In other Dynatrace news, EVP Stephen A. Mcmahon bought 3,000 shares of the business’s stock in a transaction dated Tuesday, March 3rd. The shares were acquired at an average price of $35.75 per share, with a total value of $107,250.00. Following the transaction, the executive vice president owned 3,454 shares of the company’s stock, valued at approximately $123,480.50. The trade was a 660.79% increase in their ownership of the stock. The acquisition was disclosed in a filing with the SEC, which can be accessed through the SEC website. Company insiders own 0.57% of the company’s stock.

Dynatrace Stock Performance

Shares of NYSE DT opened at $41.33 on Tuesday. Dynatrace, Inc. has a fifty-two week low of $31.64 and a fifty-two week high of $57.55. The firm has a market capitalization of $12.05 billion, a PE ratio of 76.55, a price-to-earnings-growth ratio of 2.76 and a beta of 0.70. The stock’s 50-day simple moving average is $37.33 and its 200-day simple moving average is $39.91.

Dynatrace (NYSE:DTGet Free Report) last issued its earnings results on Wednesday, May 13th. The company reported $0.41 earnings per share for the quarter, topping the consensus estimate of $0.39 by $0.02. Dynatrace had a return on equity of 10.37% and a net margin of 8.06%.The business had revenue of $531.72 million for the quarter, compared to analyst estimates of $521.01 million. During the same quarter last year, the company earned $0.33 EPS. The business’s quarterly revenue was up 19.4% on a year-over-year basis. Dynatrace has set its FY 2027 guidance at 1.930-1.950 EPS and its Q1 2027 guidance at 0.440-0.450 EPS. On average, sell-side analysts forecast that Dynatrace, Inc. will post 1.08 earnings per share for the current fiscal year.

Dynatrace declared that its board has approved a stock repurchase program on Monday, February 9th that permits the company to buyback $1.00 billion in outstanding shares. This buyback authorization permits the company to buy up to 9.8% of its shares through open market purchases. Shares buyback programs are typically an indication that the company’s leadership believes its stock is undervalued.

Dynatrace Company Profile

(Free Report)

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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Institutional Ownership by Quarter for Dynatrace (NYSE:DT)

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