Rhumbline Advisers Has $795,000 Stake in Dassault Systemes SA (OTCMKTS:DASTY)

Rhumbline Advisers increased its stake in Dassault Systemes SA (OTCMKTS:DASTY) by 18.9% in the 1st quarter, according to the company in its most recent filing with the SEC. The fund owned 20,836 shares of the technology company’s stock after purchasing an additional 3,306 shares during the quarter. Rhumbline Advisers’ holdings in Dassault Systemes were worth $795,000 at the end of the most recent reporting period.

Separately, Boston Common Asset Management LLC lifted its holdings in 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 worth $1,517,000 after purchasing an additional 11,066 shares during the last quarter. Institutional investors and hedge funds own 0.03% of the company’s stock.

Analyst Ratings Changes

Several equities research analysts recently weighed in on the company. The Goldman Sachs Group upgraded Dassault Systemes to a “strong-buy” rating in a 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.

Dassault Systemes Stock Performance

Shares of OTCMKTS DASTY opened at $35.42 on Friday. The company has a quick ratio of 1.88, a current ratio of 1.88 and a debt-to-equity ratio of 0.23. The business’s 50 day moving average is $37.30 and its two-hundred day moving average is $38.08. The company has a market cap of $47.49 billion, a P/E ratio of 36.90, a P/E/G ratio of 4.13 and a beta of 1.01. Dassault Systemes SA has a 12 month low of $32.85 and a 12 month high of $44.18.

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 given a dividend of $0.222 per share. This represents a dividend yield of 0.58%. The ex-dividend date of this dividend is Thursday, May 22nd. Dassault Systemes’s dividend payout ratio is presently 22.92%.

Dassault Systemes Profile

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.