Two Sigma Investments LP Has $18.90 Million Holdings in Dynatrace, Inc. (NYSE:DT)

Two Sigma Investments LP decreased its holdings in shares of Dynatrace, Inc. (NYSE:DT) by 65.4% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 347,733 shares of the company’s stock after selling 657,621 shares during the quarter. Two Sigma Investments LP owned approximately 0.12% of Dynatrace worth $18,899,000 as of its most recent SEC filing.

Several other large investors have also added to or reduced their stakes in DT. Smartleaf Asset Management LLC grew its stake in Dynatrace by 40.5% in the fourth quarter. Smartleaf Asset Management LLC now owns 611 shares of the company’s stock valued at $33,000 after purchasing an additional 176 shares in the last quarter. Captrust Financial Advisors raised its stake in shares of Dynatrace by 2.9% during the 4th quarter. Captrust Financial Advisors now owns 6,298 shares of the company’s stock worth $342,000 after purchasing an additional 177 shares in the last quarter. Quadrant Capital Group LLC boosted its holdings in shares of Dynatrace by 6.9% in the 4th quarter. Quadrant Capital Group LLC now owns 3,358 shares of the company’s stock valued at $183,000 after buying an additional 216 shares during the last quarter. Nations Financial Group Inc. IA ADV boosted its holdings in shares of Dynatrace by 2.5% in the 4th quarter. Nations Financial Group Inc. IA ADV now owns 9,202 shares of the company’s stock valued at $500,000 after buying an additional 222 shares during the last quarter. Finally, Commonwealth of Pennsylvania Public School Empls Retrmt SYS grew its stake in shares of Dynatrace by 0.4% in the fourth quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS now owns 65,921 shares of the company’s stock valued at $3,583,000 after buying an additional 253 shares in the last quarter. Institutional investors and hedge funds own 94.28% of the company’s stock.

Dynatrace Stock Performance

DT opened at $54.18 on Friday. The stock has a fifty day moving average of $47.36 and a 200-day moving average of $52.60. The company has a market capitalization of $16.22 billion, a P/E ratio of 33.86, a P/E/G ratio of 7.05 and a beta of 0.95. Dynatrace, Inc. has a fifty-two week low of $39.30 and a fifty-two week high of $63.00.

Dynatrace (NYSE:DT) last issued its quarterly earnings data on Wednesday, May 14th. The company reported $0.33 earnings per share for the quarter, topping the consensus estimate of $0.30 by $0.03. The business had revenue of $445.17 million during the quarter, compared to analysts’ expectations of $435.14 million. Dynatrace had a net margin of 29.51% and a return on equity of 8.98%. The business’s revenue was up 16.9% on a year-over-year basis. During the same quarter in the previous year, the company earned $0.30 EPS. On average, equities research analysts predict that Dynatrace, Inc. will post 0.68 earnings per share for the current fiscal year.

Analysts Set New Price Targets

Several research firms have issued reports on DT. Robert W. Baird set a $65.00 price target on shares of Dynatrace in a research report on Friday, January 31st. The Goldman Sachs Group boosted their price objective on shares of Dynatrace from $56.00 to $64.00 and gave the stock a “buy” rating in a research note on Thursday, May 15th. Rosenblatt Securities reiterated a “buy” rating and issued a $67.00 target price on shares of Dynatrace in a research note on Tuesday, May 13th. Wells Fargo & Company set a $70.00 price target on Dynatrace in a report on Friday, January 31st. Finally, Morgan Stanley set a $55.00 price objective on Dynatrace in a research note on Thursday, May 15th. Eight investment analysts have rated the stock with a hold rating and fifteen have issued a buy rating to the stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $61.43.

Dynatrace 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.