Dassault Systemes SA (OTCMKTS:DASTY) announced its earnings results on Tuesday. The technology company reported $0.61 earnings per share for the quarter, meeting the Thomson Reuters’ consensus estimate of $0.61, Morningstar.com reports. Dassault Systemes SA had a return on equity of 15.27% and a net margin of 14.17%. The business had revenue of $886.87 million during the quarter, compared to analysts’ expectations of $935.89 million.

Dassault Systemes SA (OTCMKTS DASTY) traded up 2.79% during midday trading on Wednesday, hitting $96.57. The stock had a trading volume of 6,952 shares. The stock has a market capitalization of $24.51 billion, a P/E ratio of 48.92 and a beta of 0.71. Dassault Systemes SA has a 52 week low of $72.13 and a 52 week high of $96.57.

The company also recently declared a None dividend, which was paid on Monday, July 3rd. Stockholders of record on Friday, May 26th were paid a dividend of $0.412 per share. The ex-dividend date of this dividend was Wednesday, May 24th. Dassault Systemes SA’s dividend payout ratio (DPR) is presently 21.81%.

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Several hedge funds have recently modified their holdings of DASTY. Quadrant Capital Group LLC raised its stake in shares of Dassault Systemes SA by 26.2% in the first quarter. Quadrant Capital Group LLC now owns 4,065 shares of the technology company’s stock worth $344,000 after buying an additional 844 shares during the period. Horrell Capital Management Inc. raised its stake in shares of Dassault Systemes SA by 0.4% in the first quarter. Horrell Capital Management Inc. now owns 54,520 shares of the technology company’s stock worth $4,731,000 after buying an additional 200 shares during the period. Sky Investment Group LLC raised its stake in shares of Dassault Systemes SA by 96.1% in the first quarter. Sky Investment Group LLC now owns 7,130 shares of the technology company’s stock worth $618,000 after buying an additional 3,495 shares during the period. Eqis Capital Management Inc. raised its stake in shares of Dassault Systemes SA by 70.5% in the first quarter. Eqis Capital Management Inc. now owns 7,097 shares of the technology company’s stock worth $615,000 after buying an additional 2,934 shares during the period. Finally, World Asset Management Inc raised its stake in shares of Dassault Systemes SA by 1.6% in the first quarter. World Asset Management Inc now owns 16,025 shares of the technology company’s stock worth $1,391,000 after buying an additional 250 shares during the period. Institutional investors own 0.18% of the company’s stock.

Separately, Zacks Investment Research downgraded Dassault Systemes SA from a “strong-buy” rating to a “hold” rating in a report on Tuesday, April 11th.

About Dassault Systemes SA

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.

Earnings History for Dassault Systemes SA (OTCMKTS:DASTY)

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