Banco BTG Pactual S.A. Acquires New Holdings in ANSYS, Inc. (NASDAQ:ANSS)

Banco BTG Pactual S.A. bought a new stake in shares of ANSYS, Inc. (NASDAQ:ANSS - Free Report) in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor bought 1,103 shares of the software maker's stock, valued at approximately $371,000.

A number of other institutional investors and hedge funds have also recently modified their holdings of ANSS. Nomura Asset Management Co. Ltd. raised its position in ANSYS by 7.2% during the third quarter. Nomura Asset Management Co. Ltd. now owns 28,351 shares of the software maker's stock valued at $9,033,000 after purchasing an additional 1,914 shares during the period. FNY Investment Advisers LLC increased its position in shares of ANSYS by 78.7% during the 4th quarter. FNY Investment Advisers LLC now owns 6,037 shares of the software maker's stock valued at $2,036,000 after purchasing an additional 2,659 shares during the last quarter. JPMorgan Chase & Co. raised its holdings in ANSYS by 34.9% during the 3rd quarter. JPMorgan Chase & Co. now owns 386,708 shares of the software maker's stock valued at $123,217,000 after buying an additional 100,042 shares during the period. Daiwa Securities Group Inc. lifted its position in ANSYS by 12.6% in the third quarter. Daiwa Securities Group Inc. now owns 16,289 shares of the software maker's stock worth $5,190,000 after buying an additional 1,818 shares during the last quarter. Finally, Oak Thistle LLC purchased a new position in ANSYS during the fourth quarter worth $255,000. 92.39% of the stock is owned by hedge funds and other institutional investors.

ANSYS Trading Down 1.6 %

ANSS stock traded down $5.20 during midday trading on Friday, reaching $316.89. The company's stock had a trading volume of 518,831 shares, compared to its average volume of 454,348. ANSYS, Inc. has a 1 year low of $289.82 and a 1 year high of $363.03. The firm has a market capitalization of $27.78 billion, a price-to-earnings ratio of 48.38, a PEG ratio of 3.48 and a beta of 1.11. The stock has a fifty day simple moving average of $335.12 and a two-hundred day simple moving average of $334.16. The company has a debt-to-equity ratio of 0.12, a quick ratio of 3.01 and a current ratio of 3.01.

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ANSYS (NASDAQ:ANSS - Get Free Report) last announced its quarterly earnings data on Wednesday, February 19th. The software maker reported $3.65 earnings per share for the quarter, missing analysts' consensus estimates of $3.97 by ($0.32). The company had revenue of $882.17 million for the quarter, compared to the consensus estimate of $864.46 million. ANSYS had a net margin of 22.62% and a return on equity of 12.69%. On average, equities research analysts predict that ANSYS, Inc. will post 8.32 EPS for the current year.

Insiders Place Their Bets

In other ANSYS news, Director Glenda Dorchak sold 200 shares of the stock in a transaction dated Monday, January 13th. The shares were sold at an average price of $336.62, for a total transaction of $67,324.00. Following the transaction, the director now directly owns 3,430 shares in the company, valued at $1,154,606.60. This represents a 5.51 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. 0.46% of the stock is currently owned by company insiders.

Analyst Upgrades and Downgrades

ANSS has been the subject of several analyst reports. StockNews.com lowered shares of ANSYS from a "buy" rating to a "hold" rating in a report on Friday, March 21st. Rosenblatt Securities raised their price objective on shares of ANSYS from $335.00 to $340.00 and gave the stock a "neutral" rating in a research note on Friday, February 21st.

About ANSYS

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.