Public Employees Retirement System of Ohio lifted its position in ANSYS, Inc. (NASDAQ:ANSS) by 3.8% during the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 101,535 shares of the software maker’s stock after buying an additional 3,728 shares during the period. Public Employees Retirement System of Ohio owned approximately 0.12% of ANSYS worth $12,355,000 as of its most recent filing with the Securities and Exchange Commission (SEC).
A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in the stock. Aviva PLC lifted its position in shares of ANSYS by 2.9% in the second quarter. Aviva PLC now owns 51,933 shares of the software maker’s stock valued at $6,317,000 after acquiring an additional 1,440 shares in the last quarter. Neuberger Berman Group LLC lifted its position in shares of ANSYS by 1.8% in the second quarter. Neuberger Berman Group LLC now owns 414,743 shares of the software maker’s stock valued at $50,466,000 after acquiring an additional 7,443 shares in the last quarter. Amalgamated Bank lifted its position in shares of ANSYS by 25.0% in the second quarter. Amalgamated Bank now owns 17,469 shares of the software maker’s stock valued at $2,126,000 after acquiring an additional 3,490 shares in the last quarter. Marshall Wace North America L.P. increased its holdings in shares of ANSYS by 303.6% in the second quarter. Marshall Wace North America L.P. now owns 48,115 shares of the software maker’s stock worth $5,870,000 after purchasing an additional 36,195 shares during the last quarter. Finally, NN Investment Partners Holdings N.V. increased its holdings in shares of ANSYS by 19,186.6% in the second quarter. NN Investment Partners Holdings N.V. now owns 130,570 shares of the software maker’s stock worth $15,888,000 after purchasing an additional 129,893 shares during the last quarter. Institutional investors own 96.86% of the company’s stock.
Several equities research analysts have weighed in on the company. Goldman Sachs Group, Inc. (The) assumed coverage on ANSYS in a research note on Monday, July 17th. They set a “neutral” rating and a $112.00 price objective on the stock. KeyCorp reiterated a “hold” rating on shares of ANSYS in a report on Friday, September 29th. Robert W. Baird set a $130.00 target price on ANSYS and gave the stock a “buy” rating in a report on Monday, August 28th. Wedbush restated a “neutral” rating and set a $129.19 target price (up previously from $114.00) on shares of ANSYS in a report on Friday, September 15th. Finally, Berenberg Bank assumed coverage on ANSYS in a report on Wednesday, August 23rd. They set a “hold” rating and a $123.00 target price for the company. Two investment analysts have rated the stock with a sell rating, thirteen have assigned a hold rating, one has issued a buy rating and one has assigned a strong buy rating to the stock. ANSYS presently has an average rating of “Hold” and a consensus target price of $116.68.
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ANSYS, Inc. (NASDAQ ANSS) traded up 0.71% on Friday, reaching $134.79. 68,952 shares of the company’s stock were exchanged. The stock’s 50 day moving average price is $126.64 and its 200 day moving average price is $123.12. The firm has a market capitalization of $11.42 billion, a price-to-earnings ratio of 43.31 and a beta of 1.05. ANSYS, Inc. has a 1-year low of $82.28 and a 1-year high of $135.17.
ANSYS (NASDAQ:ANSS) last announced its earnings results on Wednesday, August 2nd. The software maker reported $0.99 earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of $0.92 by $0.07. The business 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%. ANSYS’s 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, analysts expect that ANSYS, Inc. will post $3.87 earnings per share for the current year.
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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