ANSYS, Inc. (NASDAQ:ANSS) Shares Acquired by Daiwa Securities Group Inc.

Daiwa Securities Group Inc. boosted its position in ANSYS, Inc. (NASDAQ:ANSS) by 7.1% during the fourth quarter, Holdings Channel.com reports. The fund owned 17,441 shares of the software maker’s stock after purchasing an additional 1,152 shares during the quarter. Daiwa Securities Group Inc.’s holdings in ANSYS were worth $5,883,000 at the end of the most recent quarter.

A number of other institutional investors have also recently added to or reduced their stakes in ANSS. State Street Corp raised its holdings in shares of ANSYS by 3.0% in the 3rd quarter. State Street Corp now owns 3,703,249 shares of the software maker’s stock worth $1,179,966,000 after purchasing an additional 106,187 shares during the period. Geode Capital Management LLC raised its holdings in ANSYS by 1.7% in the third quarter. Geode Capital Management LLC now owns 2,305,554 shares of the software maker’s stock valued at $732,672,000 after buying an additional 37,577 shares during the period. Impax Asset Management Group plc lifted its position in ANSYS by 8.0% during the third quarter. Impax Asset Management Group plc now owns 603,394 shares of the software maker’s stock valued at $192,259,000 after buying an additional 44,605 shares in the last quarter. Principal Financial Group Inc. grew its stake in ANSYS by 1.3% during the fourth quarter. Principal Financial Group Inc. now owns 570,525 shares of the software maker’s stock worth $192,456,000 after buying an additional 7,098 shares during the period. Finally, Charles Schwab Investment Management Inc. increased its position in shares of ANSYS by 4.0% in the fourth quarter. Charles Schwab Investment Management Inc. now owns 553,193 shares of the software maker’s stock worth $186,609,000 after acquiring an additional 21,051 shares in the last quarter. Hedge funds and other institutional investors own 92.39% of the company’s stock.

Wall Street Analyst Weigh In

A number of equities research analysts have recently issued reports on ANSS shares. StockNews.com upgraded ANSYS from a “hold” rating to a “buy” rating in a research note on Friday, February 21st. Rosenblatt Securities increased their price objective on shares of ANSYS from $335.00 to $340.00 and gave the company a “neutral” rating in a research report on Friday, February 21st.

Insider Buying and Selling at ANSYS

In related news, Director Glenda Dorchak sold 200 shares of ANSYS stock in a transaction on Monday, January 13th. The shares were sold at an average price of $336.62, for a total value of $67,324.00. Following the completion of the sale, the director now owns 3,430 shares in the company, valued at approximately $1,154,606.60. The trade was a 5.51 % decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. 0.46% of the stock is currently owned by corporate insiders.

ANSYS Stock Performance

Shares of ANSS stock opened at $317.49 on Thursday. The company has a debt-to-equity ratio of 0.12, a current ratio of 3.01 and a quick ratio of 3.01. The company’s fifty day moving average price is $339.36 and its two-hundred day moving average price is $333.58. The firm has a market capitalization of $27.83 billion, a P/E ratio of 48.47, a P/E/G ratio of 3.48 and a beta of 1.11. ANSYS, Inc. has a 12 month low of $289.82 and a 12 month high of $363.03.

ANSYS (NASDAQ:ANSS) last released its quarterly earnings results on Wednesday, February 19th. The software maker reported $3.65 EPS for the quarter, missing the consensus estimate of $3.97 by ($0.32). ANSYS had a return on equity of 12.69% and a net margin of 22.62%. The business had revenue of $882.17 million during the quarter, compared to analyst estimates of $864.46 million. On average, research analysts anticipate that ANSYS, Inc. will post 8.32 earnings per share for the current fiscal year.

ANSYS Company Profile

ANSYS, Inc develops and markets engineering simulation software and services for engineers, designers, researchers, and students in the United States, Japan, Germany, China, Hong Kong, South Korea, rest of Europe, the Middle East, Africa, and internationally. It offers structural analysis product suite that provides simulation tools for product design and optimization; the Ansys Mechanical product, an element analysis software; LS-DYNA solver for multiphysics simulation; and power analysis and optimization software suite.