ANSYS, Inc. (ANSS) Holdings Boosted by AKO Capital LLP
AKO Capital LLP raised its holdings in ANSYS, Inc. (NASDAQ:ANSS) by 5.5% during the 3rd quarter, according to the company in its most recent disclosure with the SEC. The firm owned 341,047 shares of the software maker’s stock after buying an additional 17,781 shares during the quarter. ANSYS accounts for 3.4% of AKO Capital LLP’s investment portfolio, making the stock its 12th largest holding. AKO Capital LLP owned about 0.40% of ANSYS worth $41,857,000 as of its most recent SEC filing.
A number of other institutional investors and hedge funds have also modified their holdings of the business. Vanguard Group Inc. lifted its stake in ANSYS by 21.8% in the second quarter. Vanguard Group Inc. now owns 8,496,114 shares of the software maker’s stock valued at $1,033,807,000 after buying an additional 1,520,201 shares during the period. FMR LLC raised its position in shares of ANSYS by 0.7% during the second quarter. FMR LLC now owns 6,684,365 shares of the software maker’s stock worth $813,354,000 after purchasing an additional 45,211 shares during the period. State Street Corp raised its position in shares of ANSYS by 20.9% during the second quarter. State Street Corp now owns 3,512,429 shares of the software maker’s stock worth $427,401,000 after purchasing an additional 607,765 shares during the period. Northern Trust Corp raised its position in shares of ANSYS by 10.4% during the second quarter. Northern Trust Corp now owns 1,258,415 shares of the software maker’s stock worth $153,125,000 after purchasing an additional 118,630 shares during the period. Finally, Mawer Investment Management Ltd. raised its position in shares of ANSYS by 0.6% during the second quarter. Mawer Investment Management Ltd. now owns 1,141,118 shares of the software maker’s stock worth $138,851,000 after purchasing an additional 6,540 shares during the period. 97.18% of the stock is currently owned by hedge funds and other institutional investors.
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In related news, VP Shane Emswiler sold 12,504 shares of the stock in a transaction on Tuesday, November 7th. The stock was sold at an average price of $151.96, for a total value of $1,900,107.84. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Corporate insiders own 1.30% of the company’s stock.
ANSYS, Inc. (ANSS) traded down $0.19 during midday trading on Friday, reaching $150.28. The company had a trading volume of 315,700 shares, compared to its average volume of 474,059. The stock has a market cap of $12,752.76, a price-to-earnings ratio of 42.94 and a beta of 1.05. ANSYS, Inc. has a twelve month low of $86.09 and a twelve month high of $155.14.
ANSYS (NASDAQ:ANSS) last released its quarterly earnings results on Wednesday, November 1st. The software maker reported $1.05 EPS for the quarter, beating analysts’ consensus estimates of $0.95 by $0.10. The business had revenue of $276.77 million during the quarter, compared to analyst estimates of $263.77 million. ANSYS had a return on equity of 13.67% and a net margin of 26.01%. ANSYS’s quarterly revenue was up 12.6% compared to the same quarter last year. During the same period in the prior year, the firm posted $0.95 EPS. sell-side analysts expect that ANSYS, Inc. will post 3.57 EPS for the current fiscal year.
ANSS has been the topic of a number of research reports. BidaskClub raised ANSYS from a “hold” rating to a “buy” rating in a research report on Monday, July 24th. Robert W. Baird set a $130.00 target price on ANSYS and gave the stock a “buy” rating in a research report on Monday, August 28th. Zacks Investment Research raised ANSYS from a “hold” rating to a “buy” rating and set a $139.00 target price on the stock in a research report on Tuesday, October 3rd. KeyCorp reaffirmed a “hold” rating on shares of ANSYS in a research report on Friday, September 29th. Finally, Berenberg Bank initiated coverage on ANSYS in a research report on Wednesday, August 23rd. They set a “hold” rating and a $123.00 target price on the stock. Two research analysts have rated the stock with a sell rating, ten have given a hold rating, two have assigned a buy rating and one has issued a strong buy rating to the company. The stock has a consensus rating of “Hold” and a consensus price target of $128.91.
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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