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

Rhumbline Advisers increased its position in shares of Dassault Systemes SA (OTCMKTS:DASTY) by 18.9% during the 1st quarter, HoldingsChannel reports. 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 quarter.

Separately, Boston Common Asset Management LLC increased its holdings in Dassault Systemes by 38.0% in the first quarter. Boston Common Asset Management LLC now owns 40,184 shares of the technology company’s stock valued at $1,517,000 after purchasing an additional 11,066 shares during the last quarter. Institutional investors own 0.03% of the company’s stock.

Analyst Upgrades and Downgrades

A number of research firms recently commented on DASTY. The Goldman Sachs Group upgraded Dassault Systemes to a “strong-buy” rating in a report on Friday, June 6th. Berenberg Bank upgraded Dassault Systemes from a “hold” rating to a “strong-buy” rating in a report on Monday, March 3rd.

Dassault Systemes Trading Down 1.3%

OTCMKTS DASTY opened at $35.42 on Friday. The stock has a 50-day simple moving average of $37.30 and a 200 day simple moving average of $38.08. The company has a market capitalization of $47.49 billion, a PE ratio of 36.90, a P/E/G ratio of 4.13 and a beta of 1.01. The company has a current ratio of 1.88, a quick ratio of 1.88 and a debt-to-equity ratio of 0.23. Dassault Systemes SA has a 12 month low of $32.85 and a 12 month high of $44.18.

Dassault Systemes Cuts Dividend

The firm also recently declared a dividend, which will be paid on Thursday, June 26th. Shareholders of record on Friday, May 23rd will be issued a $0.222 dividend. The ex-dividend date is Thursday, May 22nd. This represents a dividend yield of 0.58%. Dassault Systemes’s dividend payout ratio (DPR) is currently 22.92%.

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.