ANSYS, Inc. (NASDAQ:ANSS) Shares Acquired by MetLife Investment Management LLC

MetLife Investment Management LLC lifted its stake in shares of ANSYS, Inc. (NASDAQ:ANSS) by 1.9% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 23,143 shares of the software maker’s stock after buying an additional 422 shares during the period. MetLife Investment Management LLC’s holdings in ANSYS were worth $7,807,000 at the end of the most recent quarter.

A number of other large investors have also recently made changes to their positions in the stock. Stock Yards Bank & Trust Co. grew its stake in ANSYS by 1.3% during the 4th quarter. Stock Yards Bank & Trust Co. now owns 2,275 shares of the software maker’s stock valued at $767,000 after purchasing an additional 30 shares during the last quarter. Greenleaf Trust boosted its position in ANSYS by 0.9% in the fourth quarter. Greenleaf Trust now owns 3,651 shares of the software maker’s stock valued at $1,232,000 after buying an additional 32 shares during the last quarter. Koshinski Asset Management Inc. increased its holdings in ANSYS by 0.8% in the 4th quarter. Koshinski Asset Management Inc. now owns 4,367 shares of the software maker’s stock worth $1,473,000 after buying an additional 34 shares during the period. Meiji Yasuda Asset Management Co Ltd. raised its position in ANSYS by 2.8% during the 4th quarter. Meiji Yasuda Asset Management Co Ltd. now owns 1,298 shares of the software maker’s stock worth $438,000 after buying an additional 35 shares during the last quarter. Finally, BTC Capital Management Inc. lifted its stake in ANSYS by 2.5% during the 4th quarter. BTC Capital Management Inc. now owns 1,499 shares of the software maker’s stock valued at $506,000 after acquiring an additional 36 shares during the period. 92.39% of the stock is owned by hedge funds and other institutional investors.

ANSYS Trading Down 1.6 %

Shares of NASDAQ:ANSS opened at $297.94 on Tuesday. The company has a market capitalization of $26.12 billion, a PE ratio of 45.49, a PEG ratio of 3.48 and a beta of 1.20. ANSYS, Inc. has a 12-month low of $275.06 and a 12-month high of $363.03. The business has a 50 day moving average of $318.38 and a two-hundred day moving average of $332.20. 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 (NASDAQ:ANSS) last announced its quarterly earnings results on Wednesday, February 19th. The software maker reported $3.65 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $3.97 by ($0.32). ANSYS had a return on equity of 12.69% and a net margin of 22.62%. The firm had revenue of $882.17 million for the quarter, compared to analysts’ expectations of $864.46 million. As a group, analysts forecast that ANSYS, Inc. will post 8.32 EPS for the current year.

Analysts Set New Price Targets

ANSS has been the topic of a number of research reports. StockNews.com upgraded shares of ANSYS from a “hold” rating to a “buy” rating in a research note on Friday. Rosenblatt Securities upped their price target on shares of ANSYS from $335.00 to $340.00 and gave the company a “neutral” rating in a report on Friday, February 21st.

Insider Activity at ANSYS

In other news, Director Glenda Dorchak sold 200 shares of the business’s stock in a transaction that occurred on Monday, April 14th. The stock was sold at an average price of $300.01, for a total value of $60,002.00. Following the completion of the sale, the director now directly owns 3,230 shares in the company, valued at $969,032.30. The trade was a 5.83 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. 0.46% of the stock is owned by company insiders.

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.