One Capital Management LLC Purchases 12,398 Shares of Dynatrace, Inc. $DT

One Capital Management LLC raised its position in shares of Dynatrace, Inc. (NYSE:DTFree Report) by 42.1% in the fourth quarter, HoldingsChannel reports. The fund owned 41,873 shares of the company’s stock after acquiring an additional 12,398 shares during the period. One Capital Management LLC’s holdings in Dynatrace were worth $1,815,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors also recently made changes to their positions in the company. Cim LLC boosted its holdings in shares of Dynatrace by 1.0% during the third quarter. Cim LLC now owns 22,184 shares of the company’s stock worth $1,075,000 after acquiring an additional 228 shares during the period. Orion Porfolio Solutions LLC boosted its holdings in shares of Dynatrace by 1.4% during the third quarter. Orion Porfolio Solutions LLC now owns 16,983 shares of the company’s stock worth $823,000 after acquiring an additional 231 shares during the period. GAMMA Investing LLC boosted its holdings in shares of Dynatrace by 7.7% during the fourth quarter. GAMMA Investing LLC now owns 3,460 shares of the company’s stock worth $150,000 after acquiring an additional 246 shares during the period. Assetmark Inc. boosted its holdings in shares of Dynatrace by 0.7% during the fourth quarter. Assetmark Inc. now owns 36,629 shares of the company’s stock worth $1,588,000 after acquiring an additional 248 shares during the period. Finally, Northwestern Mutual Investment Management Company LLC raised its position in shares of Dynatrace by 0.4% in the third quarter. Northwestern Mutual Investment Management Company LLC now owns 67,205 shares of the company’s stock valued at $3,256,000 after buying an additional 264 shares in the last quarter. Institutional investors own 94.28% of the company’s stock.

Wall Street Analysts Forecast Growth

DT has been the subject of a number of analyst reports. DA Davidson dropped their price target on shares of Dynatrace from $50.00 to $45.00 and set a “buy” rating for the company in a research report on Thursday, May 14th. Guggenheim downgraded shares of Dynatrace from a “buy” rating to a “neutral” rating in a research report on Wednesday, May 13th. Canaccord Genuity Group dropped their price target on shares of Dynatrace from $50.00 to $46.00 and set a “buy” rating for the company in a research report on Thursday, May 14th. Raymond James Financial reiterated a “market perform” rating on shares of Dynatrace in a research report on Monday, February 9th. Finally, JPMorgan Chase & Co. dropped their price target on shares of Dynatrace from $50.00 to $45.00 and set an “overweight” rating for the company in a research report on Thursday, May 14th. Twenty-one research analysts have rated the stock with a Buy rating, six have given a Hold rating and one has issued a Sell rating to the company. According to MarketBeat, the company currently has an average rating of “Moderate Buy” and an average target price of $46.50.

Get Our Latest Stock Report on Dynatrace

Dynatrace Price Performance

Shares of DT opened at $43.48 on Thursday. Dynatrace, Inc. has a one year low of $31.64 and a one year high of $57.55. The company has a market cap of $12.67 billion, a P/E ratio of 80.53, a P/E/G ratio of 2.92 and a beta of 0.75. The firm has a 50 day simple moving average of $37.78 and a two-hundred day simple moving average of $39.69.

Dynatrace (NYSE:DTGet Free Report) last announced its quarterly earnings data on Wednesday, May 13th. The company reported $0.41 EPS for the quarter, beating the consensus estimate of $0.39 by $0.02. Dynatrace had a net margin of 8.06% and a return on equity of 10.37%. The business had revenue of $531.72 million during the quarter, compared to the consensus estimate of $521.01 million. During the same period in the previous year, the business earned $0.33 earnings per share. The company’s 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, analysts expect that Dynatrace, Inc. will post 1.11 earnings per share for the current fiscal year.

Dynatrace declared that its Board of Directors has approved a stock repurchase plan on Monday, February 9th that permits the company to buyback $1.00 billion in shares. This buyback authorization permits the company to repurchase up to 9.8% of its stock through open market purchases. Stock buyback plans are usually an indication that the company’s board of directors believes its shares are undervalued.

Dynatrace 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.

See Also

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Institutional Ownership by Quarter for Dynatrace (NYSE:DT)

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