First Hawaiian Bank Has $2.22 Million Stock Position in Dynatrace, Inc. (NYSE:DT)

First Hawaiian Bank lessened its holdings in Dynatrace, Inc. (NYSE:DT) by 0.7% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 40,878 shares of the company’s stock after selling 304 shares during the period. First Hawaiian Bank’s holdings in Dynatrace were worth $2,222,000 at the end of the most recent quarter.

Several other large investors have also added to or reduced their stakes in the business. Retirement Systems of Alabama raised its stake in shares of Dynatrace by 21.9% in the third quarter. Retirement Systems of Alabama now owns 361,884 shares of the company’s stock worth $19,350,000 after purchasing an additional 64,999 shares during the last quarter. Geode Capital Management LLC boosted its position in shares of Dynatrace by 20.8% during the third quarter. Geode Capital Management LLC now owns 5,127,967 shares of the company’s stock valued at $273,610,000 after buying an additional 884,673 shares during the last quarter. Synovus Financial Corp raised its position in Dynatrace by 27.8% in the 3rd quarter. Synovus Financial Corp now owns 64,093 shares of the company’s stock valued at $3,427,000 after buying an additional 13,957 shares during the last quarter. Crossmark Global Holdings Inc. lifted its stake in Dynatrace by 56.0% during the 3rd quarter. Crossmark Global Holdings Inc. now owns 26,303 shares of the company’s stock valued at $1,406,000 after acquiring an additional 9,444 shares in the last quarter. Finally, Walter Public Investments Inc. boosted its holdings in Dynatrace by 12.5% during the 2nd quarter. Walter Public Investments Inc. now owns 320,099 shares of the company’s stock worth $14,321,000 after acquiring an additional 35,626 shares during the last quarter. Institutional investors own 94.28% of the company’s stock.

Insider Activity

In other news, Director Stephen J. Lifshatz sold 5,000 shares of the company’s stock in a transaction on Friday, October 11th. The shares were sold at an average price of $55.00, for a total value of $275,000.00. Following the transaction, the director now owns 41,471 shares of the company’s stock, valued at approximately $2,280,905. This represents a 10.76 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, EVP Bernd Greifeneder sold 50,000 shares of the stock in a transaction on Wednesday, December 4th. The stock was sold at an average price of $57.83, for a total value of $2,891,500.00. Following the completion of the sale, the executive vice president now owns 1,007,038 shares in the company, valued at $58,237,007.54. This trade represents a 4.73 % decrease in their position. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 55,027 shares of company stock worth $3,168,084. 0.59% of the stock is owned by company insiders.

Wall Street Analysts Forecast Growth

A number of research analysts recently weighed in on DT shares. Needham & Company LLC reissued a “hold” rating on shares of Dynatrace in a research report on Friday, November 8th. BTIG Research lifted their target price on shares of Dynatrace from $57.00 to $63.00 and gave the stock a “buy” rating in a research report on Wednesday, October 23rd. Royal Bank of Canada upped their target price on Dynatrace from $60.00 to $65.00 and gave the company an “outperform” rating in a report on Friday, January 3rd. Scotiabank lifted their price target on Dynatrace from $55.00 to $62.00 and gave the stock a “sector outperform” rating in a report on Friday, November 8th. Finally, Barclays upped their price objective on Dynatrace from $64.00 to $67.00 and gave the company an “overweight” rating in a research note on Friday, December 6th. Seven research analysts have rated the stock with a hold rating and eighteen have given a buy rating to the company. According to data from MarketBeat.com, Dynatrace has an average rating of “Moderate Buy” and an average target price of $62.08.

Dynatrace Stock Down 0.2 %

DT stock opened at $52.17 on Thursday. The stock has a 50-day simple moving average of $54.74 and a two-hundred day simple moving average of $50.94. Dynatrace, Inc. has a twelve month low of $39.42 and a twelve month high of $61.41. The firm has a market capitalization of $15.57 billion, a PE ratio of 94.85, a PEG ratio of 8.20 and a beta of 1.02.

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.