Colony Group LLC Has $3.11 Million Holdings in ANSYS, Inc. (ANSS)
Colony Group LLC cut its holdings in shares of ANSYS, Inc. (NASDAQ:ANSS) by 3.8% during the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 25,523 shares of the software maker’s stock after selling 1,018 shares during the quarter. Colony Group LLC’s holdings in ANSYS were worth $3,106,000 at the end of the most recent reporting period.
A number of other large investors have also modified their holdings of the business. Aviva PLC raised its holdings in shares of ANSYS by 2.9% in the 2nd quarter. Aviva PLC now owns 51,933 shares of the software maker’s stock valued at $6,317,000 after purchasing an additional 1,440 shares during the period. Neuberger Berman Group LLC raised its holdings in shares of ANSYS by 1.8% in the 2nd quarter. Neuberger Berman Group LLC now owns 414,743 shares of the software maker’s stock valued at $50,466,000 after purchasing an additional 7,443 shares during the period. Amalgamated Bank raised its holdings in shares of ANSYS by 25.0% in the 2nd quarter. Amalgamated Bank now owns 17,469 shares of the software maker’s stock valued at $2,126,000 after purchasing an additional 3,490 shares during the period. Marshall Wace North America L.P. raised its holdings in shares of ANSYS by 303.6% in the 2nd quarter. Marshall Wace North America L.P. now owns 48,115 shares of the software maker’s stock valued at $5,870,000 after purchasing an additional 36,195 shares during the period. Finally, Bares Capital Management Inc. raised its holdings in shares of ANSYS by 4.3% in the 1st quarter. Bares Capital Management Inc. now owns 1,043,967 shares of the software maker’s stock valued at $111,569,000 after purchasing an additional 43,402 shares during the period. 96.78% of the stock is currently owned by hedge funds and other institutional investors.
Shares of ANSYS, Inc. (NASDAQ ANSS) traded up 0.54% on Friday, hitting $129.94. 274,019 shares of the company’s stock were exchanged. The stock’s 50 day moving average is $125.90 and its 200 day moving average is $121.59. The firm has a market cap of $11.01 billion, a P/E ratio of 41.75 and a beta of 1.05. ANSYS, Inc. has a 12 month low of $82.28 and a 12 month high of $132.74.
ANSYS (NASDAQ:ANSS) last posted its quarterly earnings results on Wednesday, August 2nd. The software maker reported $0.99 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.92 by $0.07. The company had revenue of $264.30 million for the quarter, compared to analyst estimates of $259.75 million. ANSYS had a net margin of 26.37% and a return on equity of 13.87%. The company’s quarterly revenue was up 7.4% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $0.93 earnings per share. On average, equities analysts predict that ANSYS, Inc. will post $3.87 earnings per share for the current year.
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A number of brokerages have recently issued reports on ANSS. Evercore ISI reaffirmed a “hold” rating and issued a $113.00 target price on shares of ANSYS in a report on Wednesday, September 13th. Wedbush reaffirmed a “neutral” rating and issued a $129.19 target price (up from $114.00) on shares of ANSYS in a report on Friday, September 15th. Barclays PLC dropped their target price on shares of ANSYS from $115.00 to $113.00 and set an “underweight” rating on the stock in a report on Friday, September 15th. Berenberg Bank began coverage on shares of ANSYS in a report on Wednesday, August 23rd. They issued a “hold” rating and a $123.00 target price on the stock. Finally, Royal Bank Of Canada reaffirmed a “hold” rating and issued a $118.00 target price on shares of ANSYS in a report on Monday, September 11th. Two research analysts have rated the stock with a sell rating, thirteen have given a hold rating, one has issued a buy rating and one has issued a strong buy rating to the company’s stock. The company presently has an average rating of “Hold” and an average price target of $116.68.
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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