Cooper Financial Group Raises Position in Dynatrace, Inc. (NYSE:DT)

Cooper Financial Group raised its holdings in shares of Dynatrace, Inc. (NYSE:DT) by 6.0% in the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 15,391 shares of the company’s stock after buying an additional 871 shares during the period. Cooper Financial Group’s holdings in Dynatrace were worth $837,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently modified their holdings of the stock. Wealth Enhancement Advisory Services LLC raised its holdings in Dynatrace by 2.8% during the 4th quarter. Wealth Enhancement Advisory Services LLC now owns 11,291 shares of the company’s stock valued at $604,000 after buying an additional 308 shares during the last quarter. Diversified Trust Co bought a new position in shares of Dynatrace during the fourth quarter valued at about $748,000. Nordea Investment Management AB boosted its holdings in shares of Dynatrace by 8.4% during the fourth quarter. Nordea Investment Management AB now owns 20,444 shares of the company’s stock worth $1,113,000 after purchasing an additional 1,577 shares during the period. Everence Capital Management Inc. bought a new stake in shares of Dynatrace in the fourth quarter worth about $469,000. Finally, GAMMA Investing LLC increased its holdings in Dynatrace by 85.8% during the 4th quarter. GAMMA Investing LLC now owns 3,637 shares of the company’s stock valued at $198,000 after purchasing an additional 1,680 shares during the period. 94.28% of the stock is owned by institutional investors.

Analyst Upgrades and Downgrades

DT has been the subject of a number of research analyst reports. Loop Capital raised their price target on Dynatrace from $45.00 to $55.00 and gave the stock a “hold” rating in a research note on Friday, November 8th. BNP Paribas began coverage on shares of Dynatrace in a research report on Tuesday, October 8th. They issued a “neutral” rating and a $52.00 target price for the company. Royal Bank of Canada boosted their price target on shares of Dynatrace from $60.00 to $65.00 and gave the company an “outperform” rating in a research report on Friday, January 3rd. Barclays raised their price objective on shares of Dynatrace from $64.00 to $67.00 and gave the stock an “overweight” rating in a report on Friday, December 6th. Finally, Needham & Company LLC reiterated a “hold” rating on shares of Dynatrace in a report on Friday, November 8th. Seven equities research analysts have rated the stock with a hold rating and eighteen have issued a buy rating to the stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $62.08.

Insiders Place Their Bets

In other news, EVP Bernd Greifeneder sold 50,000 shares of the firm’s stock in a transaction dated Wednesday, December 4th. The shares were sold at an average price of $57.83, for a total transaction of $2,891,500.00. Following the sale, the executive vice president now owns 1,007,038 shares of the company’s stock, valued at $58,237,007.54. This trade represents a 4.73 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this link. 0.59% of the stock is owned by insiders.

Dynatrace Price Performance

Shares of NYSE:DT opened at $50.59 on Tuesday. Dynatrace, Inc. has a 1 year low of $39.42 and a 1 year high of $61.41. The company has a market cap of $15.10 billion, a P/E ratio of 91.98, a PEG ratio of 7.93 and a beta of 1.02. The stock’s fifty day moving average price is $54.56 and its 200-day moving average price is $51.15.

About Dynatrace

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.