Dassault Systemes SA (OTCMKTS:DASTY) was upgraded by Zacks Investment Research from a “sell” rating to a “hold” rating in a note issued to investors on Tuesday.

According to Zacks, “Dassault Systemes is a worldwide recognized leader in CAD/CAM/CAE and PDM II markets. The company’s mission to provide solutions to enable customers to build their digital enterprise, by defining, simulating, managing and optimizing concurrently product, manufacturing process, and resources. In this virtual space, customers create innovative, high quality, safe and affordable products. The company delivers scaleable process and design-centric solutions on both Unix and Windows NT environments. “

Separately, Societe Generale upgraded Dassault Systemes SA from a “hold” rating to a “buy” rating in a research report on Wednesday, July 27th. One equities research analyst has rated the stock with a sell rating, three have issued a hold rating and two have assigned a buy rating to the stock. The stock currently has an average rating of “Hold” and an average target price of $94.00.

Analyst Recommendations for Dassault Systemes SA (OTCMKTS:DASTY)

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Shares of Dassault Systemes SA (OTCMKTS:DASTY) traded up 0.70% during mid-day trading on Tuesday, hitting $86.67. 6,526 shares of the stock traded hands. Dassault Systemes SA has a 52 week low of $69.90 and a 52 week high of $87.00. The stock has a market cap of $22.01 billion, a price-to-earnings ratio of 47.21 and a beta of 0.97. The firm’s 50-day moving average is $84.57 and its 200-day moving average is $79.66.

A number of hedge funds have recently made changes to their positions in DASTY. World Asset Management Inc increased its stake in shares of Dassault Systemes SA by 8.4% in the second quarter. World Asset Management Inc now owns 15,888 shares of the company’s stock valued at $1,205,000 after buying an additional 1,226 shares during the last quarter. Fisher Asset Management LLC increased its stake in shares of Dassault Systemes SA by 1.8% in the first quarter. Fisher Asset Management LLC now owns 97,109 shares of the company’s stock valued at $7,786,000 after buying an additional 1,701 shares during the last quarter. Glenmede Trust Co. NA increased its stake in shares of Dassault Systemes SA by 80.2% in the second quarter. Glenmede Trust Co. NA now owns 1,899 shares of the company’s stock valued at $143,000 after buying an additional 845 shares during the last quarter. Blair William & Co. IL increased its stake in shares of Dassault Systemes SA by 9.0% in the second quarter. Blair William & Co. IL now owns 3,561 shares of the company’s stock valued at $270,000 after buying an additional 293 shares during the last quarter. Finally, Sterling Capital Management LLC increased its stake in shares of Dassault Systemes SA by 40.5% in the second quarter. Sterling Capital Management LLC now owns 3,734 shares of the company’s stock valued at $283,000 after buying an additional 1,076 shares during the last quarter. Hedge funds and other institutional investors own 0.18% of the company’s stock.

About Dassault Systemes SA

Dassault Systemes SA provides end-to-end software, content and services, designed to support companies’ innovation processes. The Company’s software applications and services encompass three principal spheres: Product-Sphere, Geo-Sphere and Bio- Sphere. The Company’s products and services include CATIA, 3D CAD design software; SOLIDWORKS, 3D design software; ENOVIA, collaborative innovation solution; DELMIA, global industrial operations software; SIMULIA, finite element analysis (FEA) FEM and simulation software; GEOVIA, a natural resources 3D modeling and simulation software; EXALEAD, information intelligence, search-based applications and semantic software; 3DVIA, 3D space planning software; BIOVIA, a chemical research and material science research and development software; NETVIBES is dashboard intelligence, data systems software, and 3DEXCITE, 3D visualization software.

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