Zions Bancorporation N.A. Has $1.82 Million Holdings in Dynatrace, Inc. (NYSE:DT)

Zions Bancorporation N.A. grew its position in Dynatrace, Inc. (NYSE:DT) by 18.5% during the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 33,979 shares of the company’s stock after purchasing an additional 5,302 shares during the period. Zions Bancorporation N.A.’s holdings in Dynatrace were worth $1,817,000 at the end of the most recent quarter.

Several other hedge funds also recently bought and sold shares of DT. Vanguard Group Inc. boosted its stake in shares of Dynatrace by 6.4% during the 1st quarter. Vanguard Group Inc. now owns 27,945,251 shares of the company’s stock worth $1,297,777,000 after acquiring an additional 1,680,971 shares in the last quarter. US Bancorp DE boosted its stake in shares of Dynatrace by 89.7% during the 1st quarter. US Bancorp DE now owns 48,478 shares of the company’s stock worth $2,251,000 after acquiring an additional 22,928 shares in the last quarter. BNP PARIBAS ASSET MANAGEMENT Holding S.A. boosted its stake in shares of Dynatrace by 640.8% during the 1st quarter. BNP PARIBAS ASSET MANAGEMENT Holding S.A. now owns 182,355 shares of the company’s stock worth $8,469,000 after acquiring an additional 157,739 shares in the last quarter. Diversify Advisory Services LLC bought a new stake in shares of Dynatrace during the 2nd quarter worth about $1,295,000. Finally, Assenagon Asset Management S.A. boosted its stake in shares of Dynatrace by 1,146.0% during the 2nd quarter. Assenagon Asset Management S.A. now owns 2,208,137 shares of the company’s stock worth $98,792,000 after acquiring an additional 2,030,915 shares in the last quarter. 94.28% of the stock is owned by institutional investors and hedge funds.

Analysts Set New Price Targets

Several analysts have recently issued reports on DT shares. BTIG Research upped their price target on Dynatrace from $57.00 to $63.00 and gave the stock a “buy” rating in a research note on Wednesday, October 23rd. Jefferies Financial Group upped their price target on Dynatrace from $60.00 to $65.00 and gave the stock a “buy” rating in a research note on Tuesday, October 22nd. BMO Capital Markets increased their target price on Dynatrace from $53.00 to $61.00 and gave the company an “outperform” rating in a research note on Friday, November 8th. Barclays upgraded Dynatrace from an “equal weight” rating to an “overweight” rating and increased their target price for the company from $52.00 to $64.00 in a research note on Monday, October 7th. Finally, Guggenheim increased their target price on Dynatrace from $55.00 to $64.00 and gave the company a “buy” rating in a research note on Friday, September 27th. Five investment analysts have rated the stock with a hold rating and nineteen have assigned a buy rating to the stock. According to data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus price target of $61.50.

Dynatrace Trading Up 0.5 %

Shares of DT opened at $53.89 on Friday. Dynatrace, Inc. has a 1 year low of $39.42 and a 1 year high of $61.41. The stock has a 50 day simple moving average of $53.11 and a 200-day simple moving average of $48.54. The stock has a market cap of $16.09 billion, a PE ratio of 98.24, a PEG ratio of 7.50 and a beta of 1.06.

Insider Transactions at Dynatrace

In related news, Director Stephen J. Lifshatz sold 5,000 shares of the firm’s stock in a transaction on Friday, October 11th. The stock was sold at an average price of $55.00, for a total transaction of $275,000.00. Following the completion of the sale, the director now directly owns 41,471 shares of the company’s stock, valued at $2,280,905. This trade represents a 10.76 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, EVP Dan Zugelder sold 11,022 shares of the firm’s stock in a transaction on Friday, September 6th. The shares were sold at an average price of $49.71, for a total value of $547,903.62. Following the sale, the executive vice president now directly owns 217,465 shares of the company’s stock, valued at $10,810,185.15. This represents a 4.82 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last ninety days, insiders sold 66,022 shares of company stock valued at $3,397,904. Corporate insiders own 0.59% of the company’s stock.

Dynatrace Company 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.