Natixis Advisors LLC raised its position in ANSYS, Inc. (NASDAQ:ANSS - Free Report) by 9.7% during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 76,976 shares of the software maker's stock after buying an additional 6,832 shares during the quarter. Natixis Advisors LLC owned about 0.09% of ANSYS worth $25,966,000 at the end of the most recent quarter.
Several other hedge funds and other institutional investors also recently made changes to their positions in ANSS. State Street Corp boosted its stake in ANSYS by 3.0% in the third 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 in the last quarter. Geode Capital Management LLC lifted its holdings in shares of ANSYS by 1.7% in the third quarter. Geode Capital Management LLC now owns 2,305,554 shares of the software maker's stock worth $732,672,000 after acquiring an additional 37,577 shares during the last quarter. Principal Financial Group Inc. lifted its holdings in shares of ANSYS by 1.3% in the fourth quarter. Principal Financial Group Inc. now owns 570,525 shares of the software maker's stock worth $192,456,000 after acquiring an additional 7,098 shares during the last quarter. Charles Schwab Investment Management Inc. boosted its stake in shares of ANSYS by 4.0% in the 4th quarter. Charles Schwab Investment Management Inc. now owns 553,193 shares of the software maker's stock valued at $186,609,000 after purchasing an additional 21,051 shares in the last quarter. Finally, Sumitomo Mitsui Trust Group Inc. grew its holdings 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 purchasing an additional 6,786 shares during the last quarter. 92.39% of the stock is currently owned by institutional investors and hedge funds.
ANSYS Trading Down 0.1 %
NASDAQ:ANSS traded down $0.43 during mid-day trading on Friday, hitting $324.20. 552,542 shares of the company's stock were exchanged, compared to its average volume of 428,192. ANSYS, Inc. has a fifty-two week low of $289.82 and a fifty-two week high of $363.03. The company has a current ratio of 3.01, a quick ratio of 3.01 and a debt-to-equity ratio of 0.12. The firm has a market capitalization of $28.42 billion, a P/E ratio of 49.50, a PEG ratio of 3.48 and a beta of 1.11. The company has a 50 day simple moving average of $337.38 and a 200-day simple moving average of $333.64.
ANSYS (NASDAQ:ANSS - Get Free Report) last issued its quarterly earnings results 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 business had revenue of $882.17 million for the quarter, compared to analyst estimates of $864.46 million. ANSYS had a return on equity of 12.69% and a net margin of 22.62%. As a group, research analysts expect that ANSYS, Inc. will post 8.32 earnings per share for the current year.
Analyst Ratings Changes
Several equities analysts recently commented on the stock. Rosenblatt Securities increased their price objective on shares of ANSYS from $335.00 to $340.00 and gave the company a "neutral" rating in a research note on Friday, February 21st. StockNews.com upgraded ANSYS from a "hold" rating to a "buy" rating in a research note on Friday, February 21st.
View Our Latest Stock Analysis on ANSYS
Insider Transactions at ANSYS
In other 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 transaction of $67,324.00. Following the completion of the sale, 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 ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. 0.46% of the stock is owned by corporate insiders.
ANSYS Company Profile
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Free Report)
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.
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