Vontobel Holding Ltd. Has $77.75 Million Holdings in ANSYS, Inc. (NASDAQ:ANSS)

Vontobel Holding Ltd. reduced its holdings in shares of ANSYS, Inc. (NASDAQ:ANSS - Free Report) by 1.9% in the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 230,499 shares of the software maker's stock after selling 4,563 shares during the quarter. Vontobel Holding Ltd. owned 0.26% of ANSYS worth $77,754,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also modified their holdings of the company. Nomura Asset Management Co. Ltd. raised 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 valued at $9,033,000 after purchasing an additional 1,914 shares during the last quarter. Caldwell Investment Management Ltd. bought a new position in shares of ANSYS during the third quarter worth about $1,560,000. Sumitomo Mitsui Trust Group Inc. raised its position in shares of ANSYS by 3.3% during the third quarter. Sumitomo Mitsui Trust Group Inc. now owns 518,779 shares of the software maker's stock worth $165,299,000 after acquiring an additional 16,462 shares during the last quarter. KBC Group NV raised its position in shares of ANSYS by 20.9% during the third quarter. KBC Group NV now owns 110,928 shares of the software maker's stock worth $35,345,000 after acquiring an additional 19,149 shares during the last quarter. Finally, CIBC Asset Management Inc raised its position in shares of ANSYS by 5.9% during the third quarter. CIBC Asset Management Inc now owns 27,116 shares of the software maker's stock worth $8,640,000 after acquiring an additional 1,518 shares during the last quarter. 92.39% of the stock is currently owned by institutional investors.

Insider Buying and Selling

In related 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 transaction of $67,324.00. Following the completion of the sale, the director now 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 document filed with the SEC, which is available at the SEC website. 0.46% of the stock is currently owned by insiders.

Wall Street Analyst Weigh In

A number of equities analysts have recently issued reports on ANSS shares. StockNews.com downgraded ANSYS from a "buy" rating to a "hold" rating in a research report on Monday, January 6th. Robert W. Baird raised their price objective on ANSYS from $350.00 to $365.00 and gave the stock an "outperform" rating in a research report on Thursday, November 7th. One analyst has rated the stock with a sell rating, three have issued a hold rating and one has given a buy rating to the company. According to data from MarketBeat.com, ANSYS presently has a consensus rating of "Hold" and a consensus price target of $346.67.

ANSYS Trading Down 0.1 %

NASDAQ ANSS traded down $0.35 during trading hours on Tuesday, hitting $338.58. 403,365 shares of the company's stock were exchanged, compared to its average volume of 462,699. The stock has a 50-day simple moving average of $343.00 and a 200 day simple moving average of $332.13. ANSYS, Inc. has a 1-year low of $289.82 and a 1-year high of $363.03. The firm has a market cap of $29.61 billion, a price-to-earnings ratio of 52.25, a PEG ratio of 3.61 and a beta of 1.12. The company has a current ratio of 3.11, a quick ratio of 3.11 and a debt-to-equity ratio of 0.13.

ANSYS Profile

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.