Rathbones Group PLC lifted its stake in shares of ANSYS, Inc. (NASDAQ:ANSS - Free Report) by 2.5% during the 4th quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 252,873 shares of the software maker's stock after purchasing an additional 6,258 shares during the quarter. Rathbones Group PLC owned 0.29% of ANSYS worth $85,302,000 as of its most recent SEC filing.
A number of other hedge funds also recently modified their holdings of the stock. Invesco Ltd. increased its holdings in ANSYS by 7.4% in the 4th quarter. Invesco Ltd. now owns 1,097,915 shares of the software maker's stock valued at $370,360,000 after buying an additional 75,752 shares during the period. Cerity Partners LLC increased its stake in ANSYS by 1.5% in the fourth quarter. Cerity Partners LLC now owns 34,004 shares of the software maker's stock valued at $10,959,000 after acquiring an additional 519 shares during the last quarter. 2Xideas AG raised its position in ANSYS by 65.2% during the fourth quarter. 2Xideas AG now owns 39,428 shares of the software maker's stock valued at $13,300,000 after purchasing an additional 15,562 shares in the last quarter. Aviva PLC lifted its stake in ANSYS by 91.2% during the fourth quarter. Aviva PLC now owns 142,944 shares of the software maker's stock worth $48,219,000 after purchasing an additional 68,198 shares during the last quarter. Finally, Resona Asset Management Co. Ltd. acquired a new stake in shares of ANSYS in the 4th quarter valued at $9,607,000. Institutional investors own 92.39% of the company's stock.
Insider Buying and Selling at ANSYS
In related news, Director Glenda Dorchak sold 200 shares of the business's 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 owns 3,430 shares of the company's stock, valued at $1,154,606.60. The trade was a 5.51 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. Corporate insiders own 0.46% of the company's stock.
Wall Street Analysts Forecast Growth
Several analysts recently weighed in on the company. Rosenblatt Securities upped their price objective on ANSYS from $335.00 to $340.00 and gave the stock a "neutral" rating in a research report on Friday, February 21st. StockNews.com cut shares of ANSYS from a "buy" rating to a "hold" rating in a report on Friday, March 21st.
Get Our Latest Analysis on ANSS
ANSYS Price Performance
Shares of ANSS traded down $0.19 during trading hours on Friday, reaching $296.31. The stock had a trading volume of 745,360 shares, compared to its average volume of 472,893. 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 12 month low of $275.06 and a 12 month high of $363.03. The stock has a market capitalization of $25.97 billion, a PE ratio of 45.24, a PEG ratio of 3.48 and a beta of 1.20. The company's 50-day moving average is $323.28 and its two-hundred day moving average is $332.78.
ANSYS (NASDAQ:ANSS - Get Free Report) last posted its earnings results on Wednesday, February 19th. The software maker reported $3.65 EPS for the quarter, missing the consensus estimate of $3.97 by ($0.32). ANSYS had a net margin of 22.62% and a return on equity of 12.69%. The firm had revenue of $882.17 million during the quarter, compared to the consensus estimate of $864.46 million. Research analysts expect that ANSYS, Inc. will post 8.32 EPS for the current year.
About ANSYS
(
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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