Sandhill Capital Partners LLC Invests $223,000 in Dassault Systèmes SE (OTCMKTS:DASTY)

Sandhill Capital Partners LLC purchased a new position in shares of Dassault Systèmes SE (OTCMKTS:DASTY) in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm purchased 4,545 shares of the technology company’s stock, valued at approximately $223,000.

A number of other hedge funds and other institutional investors have also made changes to their positions in the company. Azimuth Capital Investment Management LLC increased its holdings in shares of Dassault Systèmes by 1.4% during the 3rd quarter. Azimuth Capital Investment Management LLC now owns 102,676 shares of the technology company’s stock worth $3,837,000 after buying an additional 1,443 shares during the last quarter. Yousif Capital Management LLC increased its holdings in Dassault Systèmes by 6.4% in the 4th quarter. Yousif Capital Management LLC now owns 23,366 shares of the technology company’s stock valued at $1,142,000 after purchasing an additional 1,400 shares during the last quarter. Finally, Riverbridge Partners LLC acquired a new stake in Dassault Systèmes in the 4th quarter valued at approximately $220,000. Institutional investors and hedge funds own 0.03% of the company’s stock.

Dassault Systèmes Trading Down 3.8 %

Dassault Systèmes stock traded down $1.57 during trading on Thursday, hitting $40.08. The company had a trading volume of 83,237 shares, compared to its average volume of 156,617. Dassault Systèmes SE has a 1-year low of $35.62 and a 1-year high of $53.00. The company has a current ratio of 1.62, a quick ratio of 1.58 and a debt-to-equity ratio of 0.26. The company’s 50 day simple moving average is $44.53 and its 200-day simple moving average is $45.32. The stock has a market cap of $53.64 billion, a price-to-earnings ratio of 36.05, a price-to-earnings-growth ratio of 5.46 and a beta of 0.92.

Dassault Systèmes (OTCMKTS:DASTY) last posted its quarterly earnings results on Thursday, February 1st. The technology company reported $0.35 EPS for the quarter, missing the consensus estimate of $0.37 by ($0.02). The business had revenue of $1.77 billion during the quarter, compared to analyst estimates of $1.78 billion. Dassault Systèmes had a return on equity of 18.36% and a net margin of 17.65%. As a group, analysts expect that Dassault Systèmes SE will post 1.27 EPS for the current fiscal year.

Dassault Systèmes Increases Dividend

The company also recently disclosed a dividend, which will be paid on Thursday, June 27th. Stockholders of record on Thursday, May 23rd will be given a dividend of $0.2491 per share. This is a boost from Dassault Systèmes’s previous dividend of $0.19. The ex-dividend date is Wednesday, May 22nd. Dassault Systèmes’s payout ratio is 20.93%.

Dassault Systèmes Company 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.