Trium Capital LLP Invests $334,000 in Bentley Systems, Incorporated (NASDAQ:BSY)

Trium Capital LLP purchased a new stake in shares of Bentley Systems, Incorporated (NASDAQ:BSY) during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 7,148 shares of the company’s stock, valued at approximately $334,000. Bentley Systems comprises about 0.0% of Trium Capital LLP’s investment portfolio, making the stock its 28th biggest holding.

A number of other hedge funds and other institutional investors have also modified their holdings of the stock. Acadian Asset Management LLC bought a new stake in Bentley Systems during the 2nd quarter worth about $43,000. Dimensional Fund Advisors LP grew its position in shares of Bentley Systems by 21.2% during the 2nd quarter. Dimensional Fund Advisors LP now owns 757,084 shares of the company’s stock worth $37,372,000 after buying an additional 132,311 shares during the period. Edgestream Partners L.P. acquired a new stake in shares of Bentley Systems during the 2nd quarter worth approximately $1,174,000. Wealth Alliance raised its stake in shares of Bentley Systems by 9.6% during the second quarter. Wealth Alliance now owns 7,650 shares of the company’s stock worth $378,000 after buying an additional 668 shares during the last quarter. Finally, Vanguard Personalized Indexing Management LLC lifted its holdings in Bentley Systems by 21.1% in the second quarter. Vanguard Personalized Indexing Management LLC now owns 15,944 shares of the company’s stock valued at $787,000 after buying an additional 2,774 shares during the period. Institutional investors and hedge funds own 44.16% of the company’s stock.

Bentley Systems Trading Down 1.2 %

Shares of NASDAQ BSY opened at $45.44 on Friday. The company has a quick ratio of 0.52, a current ratio of 0.52 and a debt-to-equity ratio of 1.37. Bentley Systems, Incorporated has a twelve month low of $43.82 and a twelve month high of $57.19. The company’s fifty day moving average is $47.77 and its 200-day moving average is $48.78. The stock has a market cap of $13.21 billion, a price-to-earnings ratio of 40.94, a P/E/G ratio of 3.43 and a beta of 1.04.

Bentley Systems (NASDAQ:BSY) last posted its earnings results on Thursday, November 7th. The company reported $0.24 earnings per share (EPS) for the quarter, meeting analysts’ consensus estimates of $0.24. The firm had revenue of $335.17 million during the quarter, compared to analysts’ expectations of $340.36 million. Bentley Systems had a return on equity of 29.50% and a net margin of 27.73%. The company’s revenue was up 9.3% on a year-over-year basis. During the same period in the previous year, the firm earned $0.18 earnings per share. Equities research analysts predict that Bentley Systems, Incorporated will post 0.88 EPS for the current year.

Bentley Systems Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Thursday, December 12th. Shareholders of record on Tuesday, December 3rd were issued a dividend of $0.06 per share. The ex-dividend date of this dividend was Tuesday, December 3rd. This represents a $0.24 annualized dividend and a yield of 0.53%. Bentley Systems’s dividend payout ratio (DPR) is currently 21.62%.

Analyst Upgrades and Downgrades

A number of research firms have commented on BSY. JPMorgan Chase & Co. started coverage on shares of Bentley Systems in a report on Monday, December 9th. They set a “neutral” rating and a $52.00 target price for the company. Rosenblatt Securities reaffirmed a “buy” rating and set a $62.00 price objective on shares of Bentley Systems in a research note on Friday, November 8th. Finally, Piper Sandler dropped their price objective on Bentley Systems from $65.00 to $57.00 and set an “overweight” rating for the company in a report on Wednesday, January 8th. Two investment analysts have rated the stock with a hold rating and six have given a buy rating to the stock. According to MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $57.29.

Insider Buying and Selling at Bentley Systems

In other Bentley Systems news, Director Barry J. Bentley sold 50,000 shares of Bentley Systems stock in a transaction dated Monday, October 21st. The stock was sold at an average price of $49.44, for a total value of $2,472,000.00. Following the sale, the director now owns 12,098,235 shares of the company’s stock, valued at $598,136,738.40. This trade represents a 0.41 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. Also, Director Keith A. Bentley sold 69,573 shares of the company’s stock in a transaction dated Thursday, January 2nd. The stock was sold at an average price of $46.67, for a total value of $3,246,971.91. Following the transaction, the director now directly owns 16,705,028 shares of the company’s stock, valued at $779,623,656.76. This represents a 0.41 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 169,573 shares of company stock valued at $8,166,472. 21.12% of the stock is currently owned by corporate insiders.

About Bentley Systems

Bentley Systems, Incorporated, together with its subsidiaries, provides infrastructure engineering software solutions in the Americas, Europe, the Middle East, Africa, and the Asia-Pacific. The company offers open modeling engineering applications, such as MicroStation, OpenBridge, OpenBuildings, OpenCities, OpenComms, OpenFlows, OpenPlant, OpenRail, OpenRoads, OpenSite, OpenTower, OpenTunnel, OpenUtilities, and OpenWindowPower; and open simulation engineering applications, including ADINA, AutoPIPE, CUBE, DYNAMEQ, EMME, LEGION, Power Line Systems, RAM, SACS, SPIDA, and STAAD; and geoprofessional applications for modeling and simulation of near and deep subsurface conditions, including AGS, Central, GeoStudio, Imago, Leapfrog, MX Deposit, Oasis montaj, OpenGround, and PLAXIS.