ANSYS, Inc. (NASDAQ:ANSS) Stock Holdings Lifted by Boston Trust Walden Corp

Boston Trust Walden Corp grew its position in ANSYS, Inc. (NASDAQ:ANSS) by 22.1% during the 2nd quarter, HoldingsChannel.com reports. The firm owned 41,272 shares of the software maker’s stock after acquiring an additional 7,468 shares during the quarter. Boston Trust Walden Corp’s holdings in ANSYS were worth $13,269,000 as of its most recent SEC filing.

Other institutional investors have also made changes to their positions in the company. Wedmont Private Capital raised its position in ANSYS by 1.3% during the first quarter. Wedmont Private Capital now owns 2,260 shares of the software maker’s stock valued at $779,000 after acquiring an additional 30 shares in the last quarter. Benjamin F. Edwards & Company Inc. lifted its stake in shares of ANSYS by 3.7% in the first quarter. Benjamin F. Edwards & Company Inc. now owns 897 shares of the software maker’s stock worth $311,000 after buying an additional 32 shares during the last quarter. Ieq Capital LLC grew its position in ANSYS by 1.2% in the 4th quarter. Ieq Capital LLC now owns 2,853 shares of the software maker’s stock worth $1,035,000 after purchasing an additional 34 shares during the last quarter. Personal CFO Solutions LLC increased its holdings in shares of ANSYS by 2.6% during the 4th quarter. Personal CFO Solutions LLC now owns 1,359 shares of the software maker’s stock worth $493,000 after purchasing an additional 34 shares during the period. Finally, Verdence Capital Advisors LLC increased its holdings in shares of ANSYS by 1.7% during the 4th quarter. Verdence Capital Advisors LLC now owns 2,071 shares of the software maker’s stock worth $752,000 after purchasing an additional 35 shares during the period. 92.39% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

ANSS has been the topic of several research reports. Rosenblatt Securities lowered their price target on ANSYS from $345.00 to $335.00 and set a “neutral” rating on the stock in a research note on Tuesday, August 6th. KeyCorp began coverage on shares of ANSYS in a report on Thursday, June 27th. They issued a “sector weight” rating on the stock. Finally, StockNews.com initiated coverage on shares of ANSYS in a report on Tuesday, August 13th. They set a “hold” rating for the company. Two research analysts have rated the stock with a sell rating, seven have issued a hold rating and one has issued a buy rating to the company’s stock. According to MarketBeat, the stock currently has an average rating of “Hold” and a consensus target price of $318.33.

Insider Activity at ANSYS

In other ANSYS news, Director Glenda Dorchak sold 159 shares of the business’s stock in a transaction that occurred on Monday, July 8th. The stock was sold at an average price of $330.81, for a total transaction of $52,598.79. Following the transaction, the director now owns 3,782 shares of the company’s stock, valued at approximately $1,251,123.42. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Insiders own 0.46% of the company’s stock.

ANSYS Trading Up 0.1 %

NASDAQ ANSS traded up $0.48 during trading on Friday, reaching $325.48. 192,959 shares of the stock traded hands, compared to its average volume of 578,269. The firm has a market cap of $28.41 billion, a price-to-earnings ratio of 65.36, a price-to-earnings-growth ratio of 6.90 and a beta of 1.11. ANSYS, Inc. has a fifty-two week low of $258.01 and a fifty-two week high of $364.31. The company has a quick ratio of 2.80, a current ratio of 2.95 and a debt-to-equity ratio of 0.13. The stock’s 50-day moving average price is $319.51 and its 200 day moving average price is $328.06.

ANSYS (NASDAQ:ANSS) last issued its quarterly earnings results on Wednesday, July 31st. The software maker reported $2.50 EPS for the quarter, topping the consensus estimate of $1.92 by $0.58. ANSYS had a net margin of 21.30% and a return on equity of 11.51%. The firm had revenue of $594.14 million for the quarter, compared to analysts’ expectations of $550.30 million. During the same period in the previous year, the firm posted $1.06 EPS. The company’s revenue for the quarter was up 19.6% on a year-over-year basis. Analysts predict that ANSYS, Inc. will post 7.05 EPS for the current year.

ANSYS 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.