PNC Financial Services Group Inc. Sells 1,135 Shares of Dassault Systèmes SE (OTCMKTS:DASTY)

PNC Financial Services Group Inc. decreased its stake in Dassault Systèmes SE (OTCMKTS:DASTY) by 15.0% during the fourth quarter, Holdings Channel.com reports. The institutional investor owned 6,436 shares of the technology company’s stock after selling 1,135 shares during the quarter. PNC Financial Services Group Inc.’s holdings in Dassault Systèmes were worth $222,000 at the end of the most recent reporting period.

Dassault Systèmes Price Performance

DASTY stock opened at $41.97 on Friday. The company has a debt-to-equity ratio of 0.26, a quick ratio of 1.93 and a current ratio of 1.93. Dassault Systèmes SE has a 52 week low of $32.85 and a 52 week high of $45.27. The firm’s fifty day moving average is $40.45 and its 200 day moving average is $37.62. The firm has a market cap of $56.17 billion, a P/E ratio of 42.83, a P/E/G ratio of 3.83 and a beta of 0.90.

Dassault Systèmes (OTCMKTS:DASTY) last announced its quarterly earnings results on Tuesday, February 4th. The technology company reported $0.38 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.42 by ($0.04). Dassault Systèmes had a return on equity of 18.50% and a net margin of 19.29%. Research analysts predict that Dassault Systèmes SE will post 1.31 earnings per share for the current year.

Wall Street Analysts Forecast Growth

Separately, Berenberg Bank raised shares of Dassault Systèmes from a “hold” rating to a “strong-buy” rating in a report on Monday, March 3rd.

Dassault Systèmes 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.