Fiera Capital Corp Has $57.01 Million Stock Position in ANSYS, Inc. (NASDAQ:ANSS)

Fiera Capital Corp lifted its holdings in shares of ANSYS, Inc. (NASDAQ:ANSS - Free Report) by 8.8% in the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 168,992 shares of the software maker's stock after buying an additional 13,678 shares during the period. Fiera Capital Corp owned 0.19% of ANSYS worth $57,006,000 at the end of the most recent reporting period.

A number of other institutional investors have also modified their holdings of the business. State Street Corp grew its position in shares of ANSYS by 3.0% during the 3rd quarter. State Street Corp now owns 3,703,249 shares of the software maker's stock valued at $1,179,966,000 after buying an additional 106,187 shares during the last quarter. Geode Capital Management LLC grew its position in shares of ANSYS by 1.7% during the 3rd quarter. Geode Capital Management LLC now owns 2,305,554 shares of the software maker's stock valued at $732,672,000 after buying an additional 37,577 shares during the last quarter. Impax Asset Management Group plc grew its position in shares of ANSYS by 8.0% during the 3rd quarter. Impax Asset Management Group plc now owns 603,394 shares of the software maker's stock valued at $192,259,000 after buying an additional 44,605 shares during the last quarter. Charles Schwab Investment Management Inc. grew its position in shares of ANSYS by 1.7% during the 3rd quarter. Charles Schwab Investment Management Inc. now owns 532,142 shares of the software maker's stock valued at $169,556,000 after buying an additional 8,706 shares during the last quarter. Finally, Sumitomo Mitsui Trust Group Inc. grew its position in shares of ANSYS by 1.3% during the 4th quarter. Sumitomo Mitsui Trust Group Inc. now owns 525,565 shares of the software maker's stock valued at $177,289,000 after buying an additional 6,786 shares during the last quarter. Institutional investors own 92.39% of the company's stock.

Insider Activity

In related news, Director Glenda Dorchak sold 200 shares of the stock in a transaction that occurred on Monday, January 13th. The shares were sold at an average price of $336.62, for a total transaction of $67,324.00. Following the completion of the sale, the director now directly owns 3,430 shares of the company's stock, valued at $1,154,606.60. This represents a 5.51 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Insiders own 0.46% of the company's stock.

Analysts Set New Price Targets

A number of equities research analysts recently weighed in on ANSS shares. Robert W. Baird boosted their price objective on shares of ANSYS from $350.00 to $365.00 and gave the company an "outperform" rating in a research report on Thursday, November 7th. StockNews.com cut shares of ANSYS from a "buy" rating to a "hold" rating in a research report on Monday, January 6th. One investment analyst has rated the stock with a sell rating, three have given a hold rating and one has given a buy rating to the company's stock. According to MarketBeat, ANSYS presently has an average rating of "Hold" and a consensus target price of $346.67.

ANSYS Price Performance

Shares of ANSYS stock traded down $0.24 on Friday, hitting $338.93. The company had a trading volume of 307,401 shares, compared to its average volume of 433,980. The business has a 50-day simple moving average of $343.07 and a 200-day simple moving average of $331.80. The company has a debt-to-equity ratio of 0.13, a current ratio of 3.11 and a quick ratio of 3.11. The company has a market cap of $29.64 billion, a PE ratio of 52.30, a PEG ratio of 3.61 and a beta of 1.12. ANSYS, Inc. has a 52 week low of $289.82 and a 52 week high of $363.03.

ANSYS Company Profile

ANSYS, Inc develops and markets engineering simulation software and services for engineers, designers, researchers, and students in the United States, Japan, Germany, China, Hong Kong, South Korea, rest of Europe, the Middle East, Africa, and internationally. It offers structural analysis product suite that provides simulation tools for product design and optimization; the Ansys Mechanical product, an element analysis software; LS-DYNA solver for multiphysics simulation; and power analysis and optimization software suite.