Mawer Investment Management Ltd. Has $136.81 Million Position in ANSYS, Inc. (ANSS)
Mawer Investment Management Ltd. lessened its stake in shares of ANSYS, Inc. (NASDAQ:ANSS) by 2.3% in the third quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 1,114,967 shares of the software maker’s stock after selling 26,151 shares during the period. Mawer Investment Management Ltd. owned approximately 1.31% of ANSYS worth $136,810,000 at the end of the most recent reporting period.
A number of other hedge funds also recently bought and sold shares of ANSS. Vanguard Group Inc. increased its position in ANSYS by 21.8% during the 2nd quarter. Vanguard Group Inc. now owns 8,496,114 shares of the software maker’s stock valued at $1,033,807,000 after buying an additional 1,520,201 shares in the last quarter. Koch Industries Inc. bought a new position in ANSYS during the 2nd quarter valued at approximately $971,000. State Street Corp increased its position in ANSYS by 20.9% during the 2nd quarter. State Street Corp now owns 3,512,429 shares of the software maker’s stock valued at $427,401,000 after buying an additional 607,765 shares in the last quarter. Bank of New York Mellon Corp increased its position in ANSYS by 27.2% during the 3rd quarter. Bank of New York Mellon Corp now owns 1,050,124 shares of the software maker’s stock valued at $128,883,000 after buying an additional 224,640 shares in the last quarter. Finally, Goldman Sachs Group Inc. increased its position in ANSYS by 19.9% during the 2nd quarter. Goldman Sachs Group Inc. now owns 994,793 shares of the software maker’s stock valued at $121,046,000 after buying an additional 165,174 shares in the last quarter. 96.00% of the stock is owned by institutional investors.
Shares of ANSYS, Inc. (ANSS) traded up $0.64 on Tuesday, hitting $151.21. The company had a trading volume of 353,700 shares, compared to its average volume of 549,318. ANSYS, Inc. has a one year low of $91.89 and a one year high of $155.14. The company has a market capitalization of $12,830.00, a price-to-earnings ratio of 43.02 and a beta of 1.05.
ANSYS (NASDAQ:ANSS) last issued its quarterly earnings data on Wednesday, November 1st. The software maker reported $1.05 EPS for the quarter, topping the Thomson Reuters’ consensus estimate of $0.95 by $0.10. The company had revenue of $276.77 million during the quarter, compared to analyst estimates of $263.77 million. ANSYS had a return on equity of 13.67% and a net margin of 26.01%. ANSYS’s revenue was up 12.6% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.95 earnings per share. research analysts forecast that ANSYS, Inc. will post 3.57 EPS for the current year.
A number of research analysts recently weighed in on ANSS shares. Wedbush reaffirmed a “neutral” rating and set a $129.19 price objective (up previously from $114.00) on shares of ANSYS in a research report on Friday, September 15th. Barclays PLC reduced their target price on ANSYS from $115.00 to $113.00 and set an “underweight” rating for the company in a report on Friday, September 15th. Royal Bank Of Canada reissued a “hold” rating and issued a $118.00 target price on shares of ANSYS in a report on Monday, September 11th. Citigroup Inc. lifted their target price on ANSYS from $125.00 to $160.00 and gave the stock a “neutral” rating in a report on Friday, November 3rd. Finally, BidaskClub raised ANSYS from a “hold” rating to a “buy” rating in a report on Monday, July 24th. Two investment analysts have rated the stock with a sell rating, ten have issued a hold rating, two have assigned a buy rating and one has assigned a strong buy rating to the company. The company has a consensus rating of “Hold” and an average price target of $128.91.
In other news, Director Barbara Vaughn Scherer sold 1,000 shares of the business’s stock in a transaction dated Monday, November 13th. The stock was sold at an average price of $150.00, for a total value of $150,000.00. The sale was disclosed in a filing with the SEC, which can be accessed through this hyperlink. Also, VP Shane Emswiler sold 12,504 shares of the business’s stock in a transaction dated Tuesday, November 7th. The shares were sold at an average price of $151.96, for a total value of $1,900,107.84. The disclosure for this sale can be found here. 1.30% of the stock is owned by insiders.
ANSYS Company Profile
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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