ANSYS, Inc. (NASDAQ:ANSS) Shares Bought by Fiera Capital Corp

Fiera Capital Corp raised its holdings in ANSYS, Inc. (NASDAQ:ANSS) by 8.8% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 168,992 shares of the software maker’s stock after purchasing an additional 13,678 shares during the period. Fiera Capital Corp owned 0.19% of ANSYS worth $57,006,000 at the end of the most recent reporting period.

Several other large investors have also modified their holdings of the business. State Street Corp lifted its stake in ANSYS by 3.0% in the 3rd quarter. State Street Corp now owns 3,703,249 shares of the software maker’s stock valued at $1,179,966,000 after buying an additional 106,187 shares in the last quarter. Geode Capital Management LLC raised its holdings in shares of ANSYS by 1.7% in the third quarter. Geode Capital Management LLC now owns 2,305,554 shares of the software maker’s stock worth $732,672,000 after acquiring an additional 37,577 shares during the last quarter. Impax Asset Management Group plc lifted its position in shares of ANSYS by 8.0% in 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 acquiring an additional 44,605 shares in the last quarter. Charles Schwab Investment Management Inc. boosted its stake in shares of ANSYS by 1.7% during the third quarter. Charles Schwab Investment Management Inc. now owns 532,142 shares of the software maker’s stock valued at $169,556,000 after acquiring an additional 8,706 shares during the last quarter. Finally, Sumitomo Mitsui Trust Group Inc. increased its position in ANSYS by 1.3% during the 4th quarter. Sumitomo Mitsui Trust Group Inc. now owns 525,565 shares of the software maker’s stock worth $177,289,000 after purchasing an additional 6,786 shares in the last quarter. 92.39% of the stock is currently owned by institutional investors and hedge funds.

ANSYS Stock Performance

ANSYS stock opened at $334.12 on Thursday. The stock has a fifty day moving average price of $343.85 and a 200 day moving average price of $331.33. The company has a current ratio of 3.11, a quick ratio of 3.11 and a debt-to-equity ratio of 0.13. ANSYS, Inc. has a 52 week low of $289.82 and a 52 week high of $363.03. The firm has a market capitalization of $29.22 billion, a P/E ratio of 51.56, a PEG ratio of 3.61 and a beta of 1.12.

Analysts Set New Price Targets

A number of research analysts have issued reports on ANSS shares. StockNews.com lowered shares of ANSYS from a “buy” rating to a “hold” rating in a report on Monday, January 6th. Robert W. Baird boosted their price objective on shares of ANSYS from $350.00 to $365.00 and gave the company an “outperform” rating in a research report on Thursday, November 7th. One analyst has rated the stock with a sell rating, three have assigned a hold rating and one has assigned a buy rating to the company’s stock. According to MarketBeat.com, the company currently has a consensus rating of “Hold” and a consensus price target of $346.67.

Insider Activity

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

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.