Exencial Wealth Advisors LLC lessened its holdings in ANSYS, Inc. (NASDAQ:ANSS) by 0.7% during the 2nd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 28,653 shares of the software maker’s stock after selling 209 shares during the period. ANSYS makes up 1.4% of Exencial Wealth Advisors LLC’s investment portfolio, making the stock its 25th largest position. Exencial Wealth Advisors LLC’s holdings in ANSYS were worth $3,486,000 as of its most recent SEC filing.
Several other institutional investors have also made changes to their positions in the company. Fiduciary Trust Co. acquired a new position in shares of ANSYS in the 2nd quarter valued at $170,000. Atlantic Trust Group LLC lifted its stake in shares of ANSYS by 4.8% in the 2nd quarter. Atlantic Trust Group LLC now owns 101,722 shares of the software maker’s stock valued at $12,378,000 after purchasing an additional 4,675 shares during the last quarter. Farr Miller & Washington LLC DC lifted its stake in shares of ANSYS by 70.1% in the 2nd quarter. Farr Miller & Washington LLC DC now owns 3,580 shares of the software maker’s stock valued at $436,000 after purchasing an additional 1,475 shares during the last quarter. Synovus Financial Corp lifted its stake in shares of ANSYS by 36.2% in the 2nd quarter. Synovus Financial Corp now owns 5,473 shares of the software maker’s stock valued at $669,000 after purchasing an additional 1,456 shares during the last quarter. Finally, JPMorgan Chase & Co. lifted its stake in ANSYS by 156.8% during the 2nd quarter. JPMorgan Chase & Co. now owns 125,513 shares of the software maker’s stock worth $15,271,000 after acquiring an additional 76,629 shares in the last quarter. 96.78% of the stock is currently owned by institutional investors and hedge funds.
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ANSYS, Inc. (ANSS) opened at 122.99 on Thursday. ANSYS, Inc. has a 12-month low of $82.28 and a 12-month high of $132.74. The stock has a 50 day moving average price of $126.78 and a 200-day moving average price of $119.49. The stock has a market cap of $10.42 billion, a P/E ratio of 39.52 and a beta of 1.07.
ANSYS (NASDAQ:ANSS) last posted its quarterly earnings data on Wednesday, August 2nd. The software maker reported $0.99 earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of $0.92 by $0.07. The company had revenue of $264.30 million during 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%. The company’s revenue was up 7.4% on a year-over-year basis. During the same quarter last year, the business posted $0.93 earnings per share. On average, equities analysts expect that ANSYS, Inc. will post $3.86 earnings per share for the current year.
Several research firms recently issued reports on ANSS. Evercore ISI reissued a “hold” rating and set a $113.00 target price on shares of ANSYS in a research note on Wednesday, September 13th. Barclays PLC decreased their target price on ANSYS from $115.00 to $113.00 and set an “underweight” rating on the stock in a research note on Friday, September 15th. Wedbush reissued a “neutral” rating and set a $129.19 target price (up previously from $114.00) on shares of ANSYS in a research note on Friday, September 15th. Berenberg Bank began coverage on ANSYS in a research note on Wednesday, August 23rd. They set a “hold” rating and a $123.00 target price on the stock. Finally, Royal Bank Of Canada reissued a “hold” rating and set a $118.00 target price on shares of ANSYS in a research note on Monday, September 11th. Two analysts have rated the stock with a sell rating, twelve have issued a hold rating, one has given a buy rating and one has given a strong buy rating to the stock. The company presently has a consensus rating of “Hold” and a consensus target price of $113.65.
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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