Aviva PLC Has $9.11 Million Stake in Dynatrace, Inc. (NYSE:DT)

Aviva PLC grew its holdings in Dynatrace, Inc. (NYSE:DT - Free Report) by 101.2% in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 167,593 shares of the company's stock after purchasing an additional 84,311 shares during the period. Aviva PLC owned approximately 0.06% of Dynatrace worth $9,109,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also modified their holdings of the company. Captrust Financial Advisors acquired a new stake in shares of Dynatrace during the 3rd quarter valued at $327,000. HighTower Advisors LLC grew its stake in Dynatrace by 8.9% in the third quarter. HighTower Advisors LLC now owns 26,101 shares of the company's stock valued at $1,398,000 after purchasing an additional 2,129 shares in the last quarter. Stifel Financial Corp increased its position in Dynatrace by 15.7% in the 3rd quarter. Stifel Financial Corp now owns 16,014 shares of the company's stock worth $856,000 after purchasing an additional 2,177 shares during the last quarter. MML Investors Services LLC raised its stake in shares of Dynatrace by 13.7% during the 3rd quarter. MML Investors Services LLC now owns 88,011 shares of the company's stock worth $4,706,000 after purchasing an additional 10,617 shares in the last quarter. Finally, Nomura Asset Management Co. Ltd. lifted its holdings in shares of Dynatrace by 6.9% during the 3rd quarter. Nomura Asset Management Co. Ltd. now owns 154,868 shares of the company's stock valued at $8,281,000 after buying an additional 10,000 shares during the last quarter. Institutional investors and hedge funds own 94.28% of the company's stock.

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Dynatrace Trading Up 2.1 %

NYSE:DT traded up $0.92 during mid-day trading on Monday, hitting $44.03. The company's stock had a trading volume of 455,675 shares, compared to its average volume of 3,225,014. The stock has a fifty day moving average of $52.65 and a 200-day moving average of $53.81. The company has a market capitalization of $13.18 billion, a price-to-earnings ratio of 27.52, a P/E/G ratio of 7.05 and a beta of 1.05. Dynatrace, Inc. has a fifty-two week low of $39.30 and a fifty-two week high of $63.00.

Analyst Upgrades and Downgrades

A number of research firms recently commented on DT. UBS Group increased their price objective on Dynatrace from $58.00 to $62.00 and gave the stock a "neutral" rating in a report on Friday, January 31st. BMO Capital Markets reduced their price target on Dynatrace from $70.00 to $60.00 and set an "outperform" rating for the company in a research report on Monday, March 17th. Rosenblatt Securities reissued a "buy" rating and set a $67.00 price objective on shares of Dynatrace in a report on Thursday, February 6th. Royal Bank of Canada upped their target price on Dynatrace from $65.00 to $69.00 and gave the stock an "outperform" rating in a research report on Friday, January 31st. Finally, Needham & Company LLC reissued a "hold" rating on shares of Dynatrace in a research report on Tuesday, February 18th. Eight analysts have rated the stock with a hold rating and fifteen have issued a buy rating to the company. According to MarketBeat, the company presently has an average rating of "Moderate Buy" and a consensus price target of $63.13.

Insider Buying and Selling

In other news, Director Stephen J. Lifshatz sold 2,500 shares of Dynatrace stock in a transaction that occurred on Monday, February 10th. The shares were sold at an average price of $60.88, for a total value of $152,200.00. Following the completion of the transaction, the director now owns 36,471 shares in the company, valued at approximately $2,220,354.48. The trade was a 6.42 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, CEO Rick M. Mcconnell sold 40,000 shares of the stock in a transaction that occurred on Friday, February 14th. The stock was sold at an average price of $61.42, for a total value of $2,456,800.00. Following the sale, the chief executive officer now owns 548,684 shares in the company, valued at approximately $33,700,171.28. This trade represents a 6.79 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 117,432 shares of company stock worth $7,159,599 in the last 90 days. 0.59% of the stock is owned by company insiders.

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.