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

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, ValuEngine cut shares of Dassault Systemes from a “strong-buy” rating to a “buy” rating in a research note on Thursday, November 1st.

OTCMKTS:DASTY traded down $4.12 during midday trading on Monday, hitting $120.07. The company’s stock had a trading volume of 10,220 shares, compared to its average volume of 25,842. Dassault Systemes has a fifty-two week low of $104.16 and a fifty-two week high of $163.00. The company has a current ratio of 2.46, a quick ratio of 2.46 and a debt-to-equity ratio of 0.23. The company has a market cap of $32.36 billion, a PE ratio of 44.14, a price-to-earnings-growth ratio of 2.65 and a beta of 0.92.

Dassault Systemes (OTCMKTS:DASTY) last issued its quarterly earnings results on Wednesday, October 24th. The technology company reported $0.73 earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of $0.68 by $0.05. Dassault Systemes had a net margin of 17.03% and a return on equity of 16.60%. The company had revenue of $961.32 million for the quarter, compared to the consensus estimate of $962.56 million. Equities research analysts predict that Dassault Systemes will post 3 earnings per share for the current fiscal year.

Several hedge funds and other institutional investors have recently modified their holdings of the company. Azimuth Capital Management LLC grew its stake in Dassault Systemes by 1.1% in the 2nd quarter. Azimuth Capital Management LLC now owns 38,175 shares of the technology company’s stock valued at $5,349,000 after acquiring an additional 400 shares during the period. Glenmede Trust Co. NA grew its stake in Dassault Systemes by 36.7% in the 3rd quarter. Glenmede Trust Co. NA now owns 2,982 shares of the technology company’s stock valued at $445,000 after acquiring an additional 801 shares during the period. Advisor Partners LLC acquired a new stake in Dassault Systemes in the 3rd quarter valued at $245,000. Henry James International Management Inc. acquired a new stake in Dassault Systemes in the 3rd quarter valued at $1,010,000. Finally, Cypress Capital Management LLC acquired a new stake in Dassault Systemes in the 2nd quarter valued at $1,107,000. 0.18% of the stock is currently owned by institutional investors and hedge funds.

About Dassault Systemes

Dassault Systèmes SE provides software applications and services worldwide. The company offers SOLIDWORKS 3D design software for 3D and electrical design, simulation, product data management, and technical communication; CATIA, an engineering and design software for product 3D computer-aided design (CAD); GEOVIA, which models and simulates the earth; and BIOVIA that provides a scientific collaborative environment for biological formulated products and advanced materials.

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