UniSuper Management Pty Ltd Has $6.61 Million Holdings in ANSYS, Inc. (NASDAQ:ANSS)

UniSuper Management Pty Ltd boosted its holdings in ANSYS, Inc. (NASDAQ:ANSS) by 7.7% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 19,608 shares of the software maker’s stock after buying an additional 1,402 shares during the quarter. UniSuper Management Pty Ltd’s holdings in ANSYS were worth $6,614,000 at the end of the most recent reporting period.

Other large investors have also recently modified their holdings of the company. Mitsubishi UFJ Asset Management Co. Ltd. boosted its stake in shares of ANSYS by 7.5% in the 4th quarter. Mitsubishi UFJ Asset Management Co. Ltd. now owns 150,577 shares of the software maker’s stock valued at $50,952,000 after purchasing an additional 10,524 shares during the last quarter. Banco BTG Pactual S.A. acquired a new position in ANSYS in the fourth quarter valued at $371,000. Meiji Yasuda Asset Management Co Ltd. boosted its position in ANSYS by 2.8% during the fourth quarter. Meiji Yasuda Asset Management Co Ltd. now owns 1,298 shares of the software maker’s stock valued at $438,000 after acquiring an additional 35 shares during the last quarter. Congress Wealth Management LLC DE grew its holdings in ANSYS by 12.9% during the 4th quarter. Congress Wealth Management LLC DE now owns 3,772 shares of the software maker’s stock worth $1,272,000 after acquiring an additional 432 shares during the period. Finally, Vanguard Group Inc. raised its position in shares of ANSYS by 0.7% in the 4th quarter. Vanguard Group Inc. now owns 10,643,766 shares of the software maker’s stock worth $3,590,462,000 after acquiring an additional 78,730 shares in the last quarter. Institutional investors own 92.39% of the company’s stock.

ANSYS Trading Down 0.4 %

Shares of ANSYS stock opened at $322.09 on Friday. The company’s 50-day moving average price is $335.78 and its 200-day moving average price is $334.11. The company has a current ratio of 3.01, a quick ratio of 3.01 and a debt-to-equity ratio of 0.12. ANSYS, Inc. has a 12-month low of $289.82 and a 12-month high of $363.03. The company has a market cap of $28.23 billion, a price-to-earnings ratio of 49.17, a PEG ratio of 3.48 and a beta of 1.11.

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

Insider Buying and Selling at ANSYS

In related news, Director Glenda Dorchak sold 200 shares of the business’s stock in a transaction dated Monday, January 13th. The stock was sold at an average price of $336.62, for a total transaction of $67,324.00. Following the transaction, the director now owns 3,430 shares in the company, valued at $1,154,606.60. The trade was a 5.51 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Corporate insiders own 0.46% of the company’s stock.

Analysts Set New Price Targets

A number of research firms have issued reports on ANSS. Rosenblatt Securities increased their price target on ANSYS from $335.00 to $340.00 and gave the stock a “neutral” rating in a report on Friday, February 21st. StockNews.com downgraded shares of ANSYS from a “buy” rating to a “hold” rating in a research report on Friday, March 21st.

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.