Mitsubishi UFJ Asset Management Co. Ltd. Has $50.95 Million Position in ANSYS, Inc. (NASDAQ:ANSS)

Mitsubishi UFJ Asset Management Co. Ltd. increased its stake in shares of ANSYS, Inc. (NASDAQ:ANSS - Free Report) by 7.5% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 150,577 shares of the software maker's stock after buying an additional 10,524 shares during the quarter. Mitsubishi UFJ Asset Management Co. Ltd. owned 0.17% of ANSYS worth $50,952,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently made changes to their positions in ANSS. Nomura Asset Management Co. Ltd. lifted its holdings in ANSYS by 7.2% during the 3rd 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 last quarter. FNY Investment Advisers LLC lifted its position in shares of 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 in the last quarter. JPMorgan Chase & Co. grew its stake in shares of ANSYS by 34.9% during the third quarter. JPMorgan Chase & Co. now owns 386,708 shares of the software maker's stock valued at $123,217,000 after purchasing an additional 100,042 shares during the last quarter. Oak Thistle LLC acquired a new stake in shares of ANSYS in the fourth quarter valued at approximately $255,000. Finally, Ulland Investment Advisors LLC raised its position in ANSYS by 107.6% in the 4th quarter. Ulland Investment Advisors LLC now owns 2,635 shares of the software maker's stock worth $889,000 after purchasing an additional 1,366 shares during the last quarter. Institutional investors and hedge funds own 92.39% of the company's stock.

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Analyst Upgrades and Downgrades

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

Insider Buying and Selling

In other ANSYS news, Director Glenda Dorchak sold 200 shares of the stock in a transaction on Monday, January 13th. The shares were sold at an average price of $336.62, for a total value of $67,324.00. Following the sale, the director now directly owns 3,430 shares in the company, valued at approximately $1,154,606.60. This trade represents a 5.51 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. 0.46% of the stock is owned by insiders.

ANSYS Trading Down 0.1 %

Shares of ANSYS stock traded down $0.28 on Wednesday, hitting $320.51. 101,228 shares of the company's stock traded hands, compared to its average volume of 505,934. The firm's 50-day moving average price is $333.83 and its two-hundred day moving average price is $334.45. The company has a debt-to-equity ratio of 0.12, a current ratio of 3.01 and a quick ratio of 3.01. The stock has a market capitalization of $28.09 billion, a PE ratio of 48.90, a price-to-earnings-growth ratio of 3.48 and a beta of 1.11. ANSYS, Inc. has a one year low of $289.82 and a one year high of $363.03.

ANSYS (NASDAQ:ANSS - Get Free Report) last released its quarterly earnings data on Wednesday, February 19th. The software maker reported $3.65 EPS for the quarter, missing analysts' consensus estimates of $3.97 by ($0.32). The company had revenue of $882.17 million during 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, research analysts expect that ANSYS, Inc. will post 8.32 EPS 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.