Dassault Systemes (OTCMKTS:DASTY) Rating Lowered to Hold at Wall Street Zen

Wall Street Zen lowered shares of Dassault Systemes (OTCMKTS:DASTY) from a buy rating to a hold rating in a research report report published on Sunday.

Several other research analysts have also weighed in on the company. Citigroup reissued a “neutral” rating on shares of Dassault Systemes in a research report on Friday, July 25th. The Goldman Sachs Group upgraded Dassault Systemes to a “strong-buy” rating in a research note on Friday, June 6th. Two analysts have rated the stock with a Strong Buy rating and one has assigned a Hold rating to the stock. According to MarketBeat.com, Dassault Systemes presently has an average rating of “Buy”.

Dassault Systemes Stock Performance

DASTY stock opened at $32.53 on Friday. The stock has a 50-day moving average price of $33.13 and a 200-day moving average price of $36.39. Dassault Systemes has a 1-year low of $30.55 and a 1-year high of $44.18. The company has a current ratio of 1.83, a quick ratio of 1.83 and a debt-to-equity ratio of 0.25. The firm has a market cap of $43.61 billion, a PE ratio of 35.36, a price-to-earnings-growth ratio of 4.12 and a beta of 0.99.

Institutional Investors Weigh In On Dassault Systemes

A number of hedge funds have recently modified their holdings of DASTY. Riverbridge Partners LLC bought a new stake in shares of Dassault Systemes in the 1st quarter worth approximately $206,000. Rhumbline Advisers raised its holdings in Dassault Systemes by 18.9% during 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. Yousif Capital Management LLC raised its holdings in Dassault Systemes by 7.4% during the 2nd quarter. Yousif Capital Management LLC now owns 22,389 shares of the technology company’s stock valued at $808,000 after acquiring an additional 1,550 shares during the period. Boston Common Asset Management LLC raised its holdings in Dassault Systemes by 38.0% during 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. Finally, Azimuth Capital Investment Management LLC raised its holdings 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 valued at $4,545,000 after acquiring an additional 25,988 shares during the period. Institutional investors own 0.03% of the company’s stock.

About Dassault Systemes

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.