TT International Asset Management LTD Has $3.77 Million Stock Holdings in Dynatrace, Inc. (NYSE:DT)

TT International Asset Management LTD lowered its position in Dynatrace, Inc. (NYSE:DT) by 24.0% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 69,284 shares of the company’s stock after selling 21,879 shares during the quarter. Dynatrace accounts for approximately 0.6% of TT International Asset Management LTD’s investment portfolio, making the stock its 22nd largest position. TT International Asset Management LTD’s holdings in Dynatrace were worth $3,765,000 at the end of the most recent quarter.

A number of other large investors have also added to or reduced their stakes in the business. Wealth Enhancement Advisory Services LLC raised its holdings in Dynatrace by 2.8% in 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 Dynatrace in the 4th quarter valued at approximately $748,000. Nordea Investment Management AB raised its holdings in Dynatrace by 8.4% in the 4th quarter. Nordea Investment Management AB now owns 20,444 shares of the company’s stock valued at $1,113,000 after buying an additional 1,577 shares during the last quarter. Everence Capital Management Inc. bought a new position in Dynatrace during the 4th quarter worth approximately $469,000. Finally, GAMMA Investing LLC raised its holdings in Dynatrace by 85.8% during the 4th quarter. GAMMA Investing LLC now owns 3,637 shares of the company’s stock worth $198,000 after purchasing an additional 1,680 shares during the last quarter. Institutional investors own 94.28% of the company’s stock.

Dynatrace Price Performance

Shares of NYSE:DT opened at $50.64 on Monday. Dynatrace, Inc. has a 1-year low of $39.42 and a 1-year high of $61.41. The business has a fifty day moving average price of $54.63 and a 200-day moving average price of $51.10. The company has a market capitalization of $15.12 billion, a PE ratio of 92.07, a PEG ratio of 7.93 and a beta of 1.02.

Insider Buying and Selling

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

Analyst Ratings Changes

Several research firms recently issued reports on DT. JPMorgan Chase & Co. lifted their price target on shares of Dynatrace from $55.00 to $60.00 and gave the company an “overweight” rating in a research report on Wednesday, October 30th. Scotiabank lifted their price target on shares of Dynatrace from $55.00 to $62.00 and gave the company a “sector outperform” rating in a research report on Friday, November 8th. BTIG Research lifted their price target on shares of Dynatrace from $57.00 to $63.00 and gave the company a “buy” rating in a research report on Wednesday, October 23rd. Guggenheim downgraded shares of Dynatrace from a “buy” rating to a “neutral” rating in a research report on Monday, January 6th. Finally, BMO Capital Markets lifted their price objective on shares of Dynatrace from $53.00 to $61.00 and gave the stock an “outperform” rating in a report on Friday, November 8th. Seven investment analysts have rated the stock with a hold rating and eighteen have given a buy rating to the stock. According to data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $62.08.

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.