Shares of Dassault Systemes SA (OTCMKTS:DASTY - Get Free Report) saw strong trading volume on Monday . 180,826 shares changed hands during trading, an increase of 78% from the previous session's volume of 101,724 shares.The stock last traded at $35.34 and had previously closed at $35.42.
Wall Street Analysts Forecast Growth
A number of equities research analysts have weighed in on the company. The Goldman Sachs Group raised Dassault Systemes to a "strong-buy" rating in a research report on Friday, June 6th. Berenberg Bank raised Dassault Systemes from a "hold" rating to a "strong-buy" rating in a research report on Monday, March 3rd.
Get Our Latest Report on DASTY
Dassault Systemes Price Performance
The stock has a fifty day moving average price of $37.27 and a 200-day moving average price of $38.11. The firm has a market capitalization of $48.18 billion, a PE ratio of 37.43, a P/E/G ratio of 4.10 and a beta of 1.01. The company has a debt-to-equity ratio of 0.23, a quick ratio of 1.88 and a current ratio of 1.88.
Dassault Systemes Cuts Dividend
The business also recently declared a dividend, which will be paid on Thursday, June 26th. Stockholders of record on Friday, May 23rd will be issued a $0.222 dividend. The ex-dividend date of this dividend is Thursday, May 22nd. This represents a dividend yield of 0.58%. Dassault Systemes's dividend payout ratio is presently 22.92%.
Institutional Inflows and Outflows
Institutional investors and hedge funds have recently made changes to their positions in the stock. Rhumbline Advisers increased its holdings in shares of Dassault Systemes by 18.9% in the 1st quarter. Rhumbline Advisers now owns 20,836 shares of the technology company's stock valued at $795,000 after acquiring an additional 3,306 shares during the period. Boston Common Asset Management LLC increased its holdings in shares of Dassault Systemes by 38.0% in the 1st quarter. Boston Common Asset Management LLC now owns 40,184 shares of the technology company's stock valued at $1,517,000 after acquiring an additional 11,066 shares during the period. Riverbridge Partners LLC purchased a new position in shares of Dassault Systemes in the 1st quarter valued at $206,000. Finally, Azimuth Capital Investment Management LLC grew its stake in Dassault Systemes by 27.5% during the 1st quarter. Azimuth Capital Investment Management LLC now owns 120,425 shares of the technology company's stock worth $4,545,000 after buying an additional 25,988 shares during the last quarter. 0.03% of the stock is currently owned by hedge funds and other institutional investors.
About Dassault Systemes
(
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Dassault Systèmes SE provides software solutions and services worldwide. It offers SOLIDWORKS provides easy-to-use 2D and 3D product development solutions accessible to any business; CATIA, an engineering and design software for product 3D computer-aided design; GEOVIA for intersection of natural resources, infrastructure, and urban planning; and BIOVIA that develops chemicals, biologics, and materials experiences.
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