Dassault Systemes (DASTY) Upgraded to Outperform at BNP Paribas

BNP Paribas upgraded shares of Dassault Systemes (OTCMKTS:DASTY) from a neutral rating to an outperform rating in a report published on Friday.

Several other equities analysts have also commented on the stock. Zacks Investment Research upgraded shares of Dassault Systemes from a sell rating to a hold rating in a research note on Tuesday, December 26th. Societe Generale lowered shares of Dassault Systemes from a buy rating to a hold rating in a research report on Thursday, October 26th.

Shares of Dassault Systemes (OTCMKTS:DASTY) traded up $2.20 during trading on Friday, reaching $113.23. 46,953 shares of the company’s stock traded hands, compared to its average volume of 12,862. The stock has a market capitalization of $28,720.24, a price-to-earnings ratio of 57.77, a P/E/G ratio of 4.06 and a beta of 0.73. Dassault Systemes has a one year low of $75.75 and a one year high of $112.81. The company has a debt-to-equity ratio of 0.26, a current ratio of 2.70 and a quick ratio of 2.70.

Institutional investors and hedge funds have recently made changes to their positions in the company. Eqis Capital Management Inc. grew its position in shares of Dassault Systemes by 17.2% during the third quarter. Eqis Capital Management Inc. now owns 10,457 shares of the technology company’s stock worth $1,055,000 after acquiring an additional 1,535 shares during the last quarter. Parametric Portfolio Associates LLC grew its position in shares of Dassault Systemes by 2.1% during the third quarter. Parametric Portfolio Associates LLC now owns 217,025 shares of the technology company’s stock worth $21,885,000 after acquiring an additional 4,565 shares during the last quarter. Finally, Lenox Wealth Management Inc. grew its position in shares of Dassault Systemes by 31.8% during the third quarter. Lenox Wealth Management Inc. now owns 8,568 shares of the technology company’s stock worth $863,000 after acquiring an additional 2,067 shares during the last quarter. Institutional investors and hedge funds own 0.18% of the company’s stock.

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Dassault Systemes Company Profile

Dassault Systemes SE is a France-based company that operates as a holding. The Company is engaged in the sale of software solutions. The Company is engaged in the development of various software solutions integrated in the 3DEXPERIENCE platform. The Company’s 3DEXPERIENCE portfolio consisted of three dimensional (3D) modeling applications, simulation applications creating virtual twins of products or production systems, social and collaborative applications, and information intelligence applications.

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