Dimensional Fund Advisors LP Increases Stake in ANSYS, Inc. (ANSS)

Dimensional Fund Advisors LP boosted its holdings in shares of ANSYS, Inc. (NASDAQ:ANSS) by 11.1% in the second quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 331,081 shares of the software maker’s stock after buying an additional 32,962 shares during the quarter. Dimensional Fund Advisors LP owned 0.39% of ANSYS worth $40,284,000 at the end of the most recent reporting period.

Other large investors have also recently bought and sold shares of the company. JPMorgan Chase & Co. grew its stake in ANSYS by 111.0% in the 1st quarter. JPMorgan Chase & Co. now owns 48,884 shares of the software maker’s stock valued at $5,224,000 after acquiring an additional 25,719 shares during the period. OppenheimerFunds Inc. acquired a new position in shares of ANSYS during the 1st quarter valued at about $247,000. Teachers Advisors LLC boosted its position in shares of ANSYS by 8.2% during the 1st quarter. Teachers Advisors LLC now owns 103,507 shares of the software maker’s stock valued at $11,062,000 after acquiring an additional 7,876 shares during the last quarter. Thrivent Financial For Lutherans boosted its position in shares of ANSYS by 8.2% during the 1st quarter. Thrivent Financial For Lutherans now owns 16,000 shares of the software maker’s stock valued at $1,710,000 after acquiring an additional 1,210 shares during the last quarter. Finally, Global X Management Co. LLC boosted its position 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 valued at $135,000 after acquiring an additional 296 shares during the last quarter. 97.18% of the stock is owned by hedge funds and other institutional investors.

Several analysts recently issued reports on ANSS shares. Goldman Sachs Group, Inc. (The) started coverage on shares of ANSYS in a report on Monday, July 17th. They issued a “neutral” rating and a $112.00 price objective on the stock. Needham & Company LLC reaffirmed a “hold” rating on shares of ANSYS in a report on Friday, November 3rd. KeyCorp restated a “hold” rating on shares of ANSYS in a research note on Friday, September 29th. Robert W. Baird set a $130.00 price target on ANSYS and gave the stock a “buy” rating in a research note on Monday, August 28th. Finally, Wedbush restated a “neutral” rating and set a $129.19 price target (up previously from $114.00) on shares of ANSYS in a research note on Friday, September 15th. Two analysts have rated the stock with a sell rating, ten have assigned a hold rating, two have assigned a buy rating and one has assigned a strong buy rating to the stock. The company has a consensus rating of “Hold” and an average price target of $128.91.

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ANSYS, Inc. (ANSS) traded down $0.19 on Friday, hitting $150.28. The stock had a trading volume of 315,700 shares, compared to its average volume of 553,250. The company has a market cap of $12,768.96, a P/E ratio of 42.99 and a beta of 1.05. ANSYS, Inc. has a 52 week low of $86.09 and a 52 week high of $155.14.

ANSYS (NASDAQ:ANSS) last issued its earnings results on Wednesday, November 1st. The software maker reported $1.05 earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of $0.95 by $0.10. The business had revenue of $276.77 million during the quarter, compared to analysts’ expectations of $263.77 million. ANSYS had a return on equity of 13.67% and a net margin of 26.01%. ANSYS’s quarterly revenue was up 12.6% compared to the same quarter last year. During the same period in the prior year, the firm posted $0.95 EPS. sell-side analysts forecast that ANSYS, Inc. will post 3.57 EPS for the current fiscal year.

In other news, VP Shane Emswiler sold 12,504 shares of the firm’s stock in a transaction dated Tuesday, November 7th. The stock was sold at an average price of $151.96, for a total value of $1,900,107.84. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Company insiders own 1.30% of the company’s stock.

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.

Institutional Ownership by Quarter for ANSYS (NASDAQ:ANSS)

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