ANSYS, Inc. (ANSS) Holdings Increased by Mn Services Vermogensbeheer B.V.

Mn Services Vermogensbeheer B.V. raised its holdings in ANSYS, Inc. (NASDAQ:ANSS) by 1.1% during the 1st quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 46,232 shares of the software maker’s stock after acquiring an additional 500 shares during the period. Mn Services Vermogensbeheer B.V.’s holdings in ANSYS were worth $8,447,000 at the end of the most recent reporting period.

Other large investors have also added to or reduced their stakes in the company. Candriam Luxembourg S.C.A. raised its holdings in shares of ANSYS by 176.4% in the 4th quarter. Candriam Luxembourg S.C.A. now owns 7,134 shares of the software maker’s stock valued at $1,020,000 after acquiring an additional 4,553 shares in the last quarter. State of Tennessee Treasury Department increased its position in shares of ANSYS by 15.1% during the 4th quarter. State of Tennessee Treasury Department now owns 21,654 shares of the software maker’s stock valued at $3,095,000 after purchasing an additional 2,836 shares during the last quarter. Oakbrook Investments LLC increased its position in shares of ANSYS by 5.1% during the 1st quarter. Oakbrook Investments LLC now owns 8,812 shares of the software maker’s stock valued at $1,610,000 after purchasing an additional 425 shares during the last quarter. Empire Life Investments Inc. increased its position in shares of ANSYS by 3.1% during the 4th quarter. Empire Life Investments Inc. now owns 2,999 shares of the software maker’s stock valued at $429,000 after purchasing an additional 90 shares during the last quarter. Finally, Pennsylvania Trust Co bought a new position in shares of ANSYS during the 4th quarter valued at about $2,844,000. 93.75% of the stock is currently owned by hedge funds and other institutional investors.

ANSS opened at $186.03 on Wednesday. The company has a debt-to-equity ratio of 0.03, a quick ratio of 2.11 and a current ratio of 2.11. ANSYS, Inc. has a 1 year low of $136.80 and a 1 year high of $197.05. The company has a market cap of $15.44 billion, a P/E ratio of 35.71 and a beta of 1.36.

ANSYS (NASDAQ:ANSS) last posted its quarterly earnings results on Wednesday, May 1st. The software maker reported $1.02 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.91 by $0.11. ANSYS had a return on equity of 17.08% and a net margin of 31.73%. The business had revenue of $319.91 million for the quarter, compared to analyst estimates of $306.17 million. During the same period last year, the company earned $1.22 EPS. ANSYS’s revenue for the quarter was up 12.9% compared to the same quarter last year. Research analysts forecast that ANSYS, Inc. will post 5.07 earnings per share for the current fiscal year.

In related news, VP Richard S. Mahoney sold 2,041 shares of the firm’s stock in a transaction that occurred on Tuesday, February 19th. The stock was sold at an average price of $174.15, for a total transaction of $355,440.15. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, VP Matthew C. Zack sold 1,116 shares of the firm’s stock in a transaction that occurred on Monday, April 29th. The stock was sold at an average price of $194.80, for a total value of $217,396.80. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 58,676 shares of company stock worth $10,658,783. 1.11% of the stock is owned by corporate insiders.

Several equities analysts have recently commented on the company. Wedbush reiterated an “outperform” rating and set a $221.00 price objective (up from $201.00) on shares of ANSYS in a research report on Friday, May 3rd. Benchmark reiterated a “buy” rating and set a $210.00 price objective (up from $203.00) on shares of ANSYS in a research report on Friday, May 3rd. BidaskClub upgraded ANSYS from a “buy” rating to a “strong-buy” rating in a research report on Friday, April 26th. Zacks Investment Research upgraded ANSYS from a “hold” rating to a “strong-buy” rating and set a $223.00 price objective on the stock in a research report on Tuesday, April 30th. Finally, Evercore ISI reiterated a “hold” rating and set a $155.00 price objective on shares of ANSYS in a research report on Thursday, May 2nd. One equities research analyst has rated the stock with a sell rating, five have assigned a hold rating, eleven have issued a buy rating and one has given a strong buy rating to the company. The company presently has a consensus rating of “Buy” and an average price target of $188.14.

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ANSYS Profile

ANSYS, Inc develops and markets engineering simulation software and services worldwide. The company offers ANSYS Workbench, a framework upon which the company's engineering simulation technologies are built; ANSYS multiphysics software to simulate the interactions between structures, heat transfer, fluids, and electronics in a unified engineering simulation environment; and structural analysis product suite that provides simulation tools for product design and optimization.

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Institutional Ownership by Quarter for ANSYS (NASDAQ:ANSS)

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