Tredje AP fonden Grows Stake in ANSYS, Inc. (ANSS)
Tredje AP fonden lifted its position in shares of ANSYS, Inc. (NASDAQ:ANSS) by 29.1% in the 2nd quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 22,040 shares of the software maker’s stock after buying an additional 4,970 shares during the quarter. Tredje AP fonden’s holdings in ANSYS were worth $2,682,000 at the end of the most recent quarter.
Several other large investors have also recently added to or reduced their stakes in ANSS. Creative Planning raised its stake in shares of ANSYS by 68.6% during the 2nd quarter. Creative Planning now owns 875 shares of the software maker’s stock worth $106,000 after buying an additional 356 shares during the last quarter. Bronfman E.L. Rothschild L.P. raised its stake in shares of ANSYS by 7.5% during the 2nd quarter. Bronfman E.L. Rothschild L.P. now owns 995 shares of the software maker’s stock worth $121,000 after buying an additional 69 shares during the last quarter. Global X Management Co. LLC raised its stake in shares of ANSYS by 30.6% during the 1st quarter. Global X Management Co. LLC now owns 1,263 shares of the software maker’s stock worth $135,000 after buying an additional 296 shares during the last quarter. Dupont Capital Management Corp acquired a new position in shares of ANSYS during the 2nd quarter worth $149,000. Finally, Pacer Advisors Inc. raised its stake in shares of ANSYS by 2.9% during the 1st quarter. Pacer Advisors Inc. now owns 1,539 shares of the software maker’s stock worth $164,000 after buying an additional 44 shares during the last quarter. 96.87% of the stock is owned by institutional investors and hedge funds.
ANSYS, Inc. (NASDAQ:ANSS) opened at 128.44 on Friday. ANSYS, Inc. has a 1-year low of $82.28 and a 1-year high of $131.63. The stock’s 50 day moving average is $126.90 and its 200-day moving average is $118.17. The firm has a market cap of $10.89 billion, a P/E ratio of 41.27 and a beta of 1.07.
ANSYS (NASDAQ:ANSS) last announced its quarterly earnings data on Wednesday, August 2nd. The software maker reported $0.99 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.92 by $0.07. The firm had revenue of $264.30 million during the quarter, compared to the consensus estimate of $259.75 million. ANSYS had a return on equity of 13.87% and a net margin of 26.37%. The business’s revenue for the quarter was up 7.4% on a year-over-year basis. During the same period in the prior year, the business earned $0.93 EPS. Analysts forecast that ANSYS, Inc. will post $3.86 EPS for the current year.
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ANSS has been the subject of several research reports. Zacks Investment Research downgraded ANSYS from a “hold” rating to a “sell” rating in a research note on Tuesday, July 4th. Barclays PLC cut their target price on shares of ANSYS from $115.00 to $96.00 and set an “underweight” rating for the company in a research note on Monday, May 15th. BidaskClub downgraded shares of ANSYS from a “buy” rating to a “hold” rating in a research note on Saturday, June 17th. Goldman Sachs Group, Inc. (The) started coverage on shares of ANSYS in a research note on Monday, July 17th. They issued a “neutral” rating and a $112.00 target price for the company. Finally, Wedbush cut their target price on shares of ANSYS from $114.00 to $101.00 and set a “neutral” rating for the company in a research note on Monday, May 15th. Two equities research analysts have rated the stock with a sell rating, eleven have assigned a hold rating, one has issued a buy rating and one has given a strong buy rating to the company. The company has an average rating of “Hold” and a consensus price target of $109.89.
ANSYS, Inc (ANSYS) develops and markets engineering simulation software and services used by engineers, designers, researchers and students across a range of industries and academia, including aerospace and defense, automotive, industrial equipment, electronics, biomedical, energy, materials and chemical processing, and semiconductors.
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