Northwest & Ethical Investments L.P. Has $24.33 Million Stock Holdings in ANSYS, Inc. (NASDAQ:ANSS)

Northwest & Ethical Investments L.P. lowered its position in ANSYS, Inc. (NASDAQ:ANSS) by 7.0% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 72,127 shares of the software maker’s stock after selling 5,402 shares during the quarter. Northwest & Ethical Investments L.P. owned 0.08% of ANSYS worth $24,331,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other large investors have also added to or reduced their stakes in the company. Nomura Asset Management Co. Ltd. increased its position in ANSYS by 7.2% in the 3rd quarter. Nomura Asset Management Co. Ltd. now owns 28,351 shares of the software maker’s stock valued at $9,033,000 after acquiring an additional 1,914 shares during the period. FNY Investment Advisers LLC increased its holdings in ANSYS by 78.7% in the fourth quarter. FNY Investment Advisers LLC now owns 6,037 shares of the software maker’s stock valued at $2,036,000 after purchasing an additional 2,659 shares during the period. JPMorgan Chase & Co. raised its position in ANSYS by 34.9% during the 3rd quarter. JPMorgan Chase & Co. now owns 386,708 shares of the software maker’s stock worth $123,217,000 after purchasing an additional 100,042 shares during the last quarter. Daiwa Securities Group Inc. lifted its holdings in ANSYS by 12.6% during the 3rd quarter. Daiwa Securities Group Inc. now owns 16,289 shares of the software maker’s stock worth $5,190,000 after buying an additional 1,818 shares during the period. Finally, Oak Thistle LLC bought a new stake in shares of ANSYS in the 4th quarter valued at about $255,000. Institutional investors own 92.39% of the company’s stock.

Insider Activity

In other news, Director Glenda Dorchak sold 200 shares of the stock in a transaction dated Monday, January 13th. The shares were 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 of the company’s stock, valued at $1,154,606.60. This represents a 5.51 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. 0.46% of the stock is currently owned by company insiders.

ANSYS Stock Performance

Shares of ANSYS stock opened at $323.04 on Thursday. The business has a 50-day moving average price of $337.76 and a two-hundred day moving average price of $333.70. ANSYS, Inc. has a 1-year low of $289.82 and a 1-year high of $363.03. The company has a current ratio of 3.01, a quick ratio of 3.01 and a debt-to-equity ratio of 0.12. The company has a market cap of $28.32 billion, a P/E ratio of 49.32, a PEG ratio of 3.48 and a beta of 1.11.

ANSYS (NASDAQ:ANSS) last released its 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 for the quarter, compared to analyst estimates of $864.46 million. As a group, analysts anticipate that ANSYS, Inc. will post 8.32 EPS for the current year.

Analysts Set New Price Targets

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