Invesco Ltd. Buys 75,752 Shares of ANSYS, Inc. (NASDAQ:ANSS)

Invesco Ltd. raised its holdings in shares of ANSYS, Inc. (NASDAQ:ANSS - Free Report) by 7.4% in the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 1,097,915 shares of the software maker's stock after buying an additional 75,752 shares during the quarter. Invesco Ltd. owned about 1.26% of ANSYS worth $370,360,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors have also added to or reduced their stakes in ANSS. Nomura Asset Management Co. Ltd. grew its position in ANSYS by 7.2% in the third quarter. Nomura Asset Management Co. Ltd. now owns 28,351 shares of the software maker's stock worth $9,033,000 after acquiring an additional 1,914 shares in the last quarter. FNY Investment Advisers LLC lifted its stake in ANSYS by 78.7% during the fourth quarter. FNY Investment Advisers LLC now owns 6,037 shares of the software maker's stock worth $2,036,000 after purchasing an additional 2,659 shares during the last quarter. JPMorgan Chase & Co. lifted its stake in ANSYS by 34.9% during the third quarter. JPMorgan Chase & Co. now owns 386,708 shares of the software maker's stock worth $123,217,000 after purchasing an additional 100,042 shares during the last quarter. Oak Thistle LLC bought a new position in shares of ANSYS during the 4th quarter valued at about $255,000. Finally, Ulland Investment Advisors LLC raised its holdings in shares of ANSYS by 107.6% during the 4th quarter. Ulland Investment Advisors LLC now owns 2,635 shares of the software maker's stock valued at $889,000 after buying an additional 1,366 shares in the last quarter. 92.39% of the stock is currently owned by institutional investors.

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Analyst Ratings Changes

A number of brokerages have commented on ANSS. StockNews.com cut shares of ANSYS from a "buy" rating to a "hold" rating in a research report on Friday, March 21st. Rosenblatt Securities increased their target price on shares of ANSYS from $335.00 to $340.00 and gave the company a "neutral" rating in a report on Friday, February 21st.

ANSYS Trading Up 2.7 %

ANSS stock traded up $8.12 during trading on Monday, hitting $304.43. 260,423 shares of the company traded hands, compared to its average volume of 471,383. The company has a 50-day moving average of $323.28 and a 200-day moving average of $332.84. The company has a debt-to-equity ratio of 0.12, a quick ratio of 3.01 and a current ratio of 3.01. ANSYS, Inc. has a 1 year low of $275.06 and a 1 year high of $363.03. The firm has a market capitalization of $26.68 billion, a PE ratio of 46.48, a P/E/G ratio of 3.48 and a beta of 1.20.

ANSYS (NASDAQ:ANSS - Get Free Report) last released 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). ANSYS had a net margin of 22.62% and a return on equity of 12.69%. The company had revenue of $882.17 million for the quarter, compared to analysts' expectations of $864.46 million. Analysts predict that ANSYS, Inc. will post 8.32 earnings per share for the current fiscal year.

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.