Schroder Investment Management Group Has $6.40 Million Stock Holdings in ANSYS, Inc. (NASDAQ:ANSS)

Schroder Investment Management Group lessened its holdings in shares of ANSYS, Inc. (NASDAQ:ANSS - Free Report) by 7.3% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 18,933 shares of the software maker's stock after selling 1,499 shares during the quarter. Schroder Investment Management Group's holdings in ANSYS were worth $6,398,000 as of its most recent SEC filing.

Several other hedge funds have also added to or reduced their stakes in the business. Vanguard Group Inc. increased its holdings in shares of ANSYS by 0.7% in the fourth quarter. Vanguard Group Inc. now owns 10,643,766 shares of the software maker's stock worth $3,590,462,000 after acquiring an additional 78,730 shares in the last quarter. State Street Corp increased its stake in ANSYS by 3.0% during the 3rd quarter. State Street Corp now owns 3,703,249 shares of the software maker's stock worth $1,179,966,000 after purchasing an additional 106,187 shares in the last quarter. Geode Capital Management LLC increased its stake in ANSYS by 1.7% during the 3rd quarter. Geode Capital Management LLC now owns 2,305,554 shares of the software maker's stock worth $732,672,000 after purchasing an additional 37,577 shares in the last quarter. Norges Bank bought a new position in ANSYS in the fourth quarter valued at approximately $615,566,000. Finally, Principal Financial Group Inc. boosted 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 valued at $192,456,000 after buying an additional 7,098 shares during the period. Institutional investors and hedge funds own 92.39% of the company's stock.

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Insider Activity

In other news, Director Glenda Dorchak sold 200 shares of the firm's stock in a transaction that occurred on Monday, January 13th. The stock was sold at an average price of $336.62, for a total value of $67,324.00. Following the completion of the sale, the director now directly owns 3,430 shares of the company's stock, valued at $1,154,606.60. This trade represents a 5.51 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at this link. 0.46% of the stock is owned by insiders.

Analyst Ratings Changes

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

ANSYS Stock Up 8.7 %

Shares of NASDAQ ANSS traded up $24.89 during midday trading on Wednesday, reaching $309.72. The company's stock had a trading volume of 943,921 shares, compared to its average volume of 470,290. ANSYS, Inc. has a fifty-two week low of $275.06 and a fifty-two week high of $363.03. The stock has a 50 day simple moving average of $325.30 and a 200-day simple moving average of $333.14. The stock has a market capitalization of $27.15 billion, a price-to-earnings ratio of 47.29, a PEG ratio of 3.48 and a beta of 1.20. The company has a current ratio of 3.01, a quick ratio of 3.01 and a debt-to-equity ratio of 0.12.

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 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 company had revenue of $882.17 million for the quarter, compared to analyst estimates of $864.46 million. Equities research analysts predict that ANSYS, Inc. will post 8.32 earnings per share for the current 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.