Dassault Systemes SA (OTCMKTS:DASTY - Get Free Report) shares saw unusually-strong trading volume on Monday . Approximately 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.
Analysts Set New Price Targets
Several brokerages have recently weighed in on DASTY. Berenberg Bank upgraded shares of Dassault Systemes from a "hold" rating to a "strong-buy" rating in a research report on Monday, March 3rd. The Goldman Sachs Group upgraded shares of Dassault Systemes to a "strong-buy" rating in a research note on Friday, June 6th.
Read Our Latest Research Report on DASTY
Dassault Systemes Price Performance
The stock has a 50-day moving average price of $37.20 and a 200 day moving average price of $38.08. The company has a debt-to-equity ratio of 0.23, a current ratio of 1.88 and a quick ratio of 1.88. The firm has a market cap of $47.76 billion, a price-to-earnings ratio of 37.10, a PEG ratio of 4.19 and a beta of 1.01.
Dassault Systemes Cuts Dividend
The company also recently disclosed a dividend, which will be paid on Thursday, June 26th. Stockholders of record on Friday, May 23rd will be issued a $0.222 dividend. This represents a dividend yield of 0.58%. The ex-dividend date is Thursday, May 22nd. Dassault Systemes's payout ratio is currently 22.92%.
Hedge Funds Weigh In On Dassault Systemes
Institutional investors have recently modified their holdings of the business. Riverbridge Partners LLC acquired a new stake in Dassault Systemes during the 1st quarter worth $206,000. Rhumbline Advisers increased its stake in Dassault Systemes by 18.9% in the first quarter. Rhumbline Advisers now owns 20,836 shares of the technology company's stock valued at $795,000 after purchasing an additional 3,306 shares during the period. Boston Common Asset Management LLC raised its holdings in shares of Dassault Systemes by 38.0% in the first quarter. Boston Common Asset Management LLC now owns 40,184 shares of the technology company's stock valued at $1,517,000 after buying an additional 11,066 shares during the last quarter. Finally, Azimuth Capital Investment Management LLC boosted its stake in shares of Dassault Systemes by 27.5% during the first 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 period. 0.03% of the stock is owned by institutional investors and hedge funds.
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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