ANSYS, Inc. (NASDAQ:ANSS) Shares Bought by DZ BANK AG Deutsche Zentral Genossenschafts Bank Frankfurt am Main

DZ BANK AG Deutsche Zentral Genossenschafts Bank Frankfurt am Main grew its stake in ANSYS, Inc. (NASDAQ:ANSS) by 48.1% in the 4th quarter, HoldingsChannel.com reports. The institutional investor owned 13,940 shares of the software maker’s stock after purchasing an additional 4,526 shares during the period. DZ BANK AG Deutsche Zentral Genossenschafts Bank Frankfurt am Main’s holdings in ANSYS were worth $4,702,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds have also recently modified their holdings of the company. EP Wealth Advisors LLC lifted its holdings in ANSYS by 22.3% in the fourth quarter. EP Wealth Advisors LLC now owns 942 shares of the software maker’s stock valued at $318,000 after acquiring an additional 172 shares during the period. Concentric Capital Strategies LP purchased a new position in shares of ANSYS during the 4th quarter valued at approximately $4,754,000. Cubist Systematic Strategies LLC lifted its stake in shares of ANSYS by 227.2% in the 4th quarter. Cubist Systematic Strategies LLC now owns 5,563 shares of the software maker’s stock valued at $1,877,000 after purchasing an additional 3,863 shares during the period. Centiva Capital LP boosted its holdings in ANSYS by 13.5% during the fourth quarter. Centiva Capital LP now owns 4,541 shares of the software maker’s stock worth $1,532,000 after buying an additional 541 shares in the last quarter. Finally, Cary Street Partners Financial LLC acquired a new stake in ANSYS during the fourth quarter valued at $598,000. Hedge funds and other institutional investors own 92.39% of the company’s stock.

Insider Buying and Selling at ANSYS

In related 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 transaction of $60,002.00. Following the completion of the sale, the director now directly owns 3,230 shares in the company, valued at approximately $969,032.30. The trade was a 5.83 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Insiders own 0.46% of the company’s stock.

ANSYS Price Performance

Shares of NASDAQ ANSS opened at $333.78 on Friday. The company has a debt-to-equity ratio of 0.12, a quick ratio of 3.01 and a current ratio of 3.01. The firm has a fifty day moving average of $314.85 and a 200 day moving average of $331.65. The firm has a market cap of $29.34 billion, a PE ratio of 50.96, a PEG ratio of 3.48 and a beta of 1.21. ANSYS, Inc. has a one year low of $275.06 and a one year high of $363.03.

ANSYS (NASDAQ:ANSS) last released its earnings results on Wednesday, April 30th. The software maker reported $1.64 EPS for the quarter, missing analysts’ consensus estimates of $1.75 by ($0.11). The company had revenue of $504.89 million for the quarter, compared to analysts’ expectations of $516.81 million. ANSYS had a return on equity of 12.69% and a net margin of 22.62%. The firm’s revenue for the quarter was up 8.2% on a year-over-year basis. During the same period in the prior year, the firm earned $1.39 EPS. As a group, research analysts predict that ANSYS, Inc. will post 8.32 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

A number of brokerages have weighed in on ANSS. StockNews.com downgraded shares of ANSYS from a “buy” rating to a “hold” rating in a research report on Wednesday. Rosenblatt Securities increased their price target on ANSYS from $335.00 to $340.00 and gave the stock a “neutral” rating in a research report on Friday, February 21st.

ANSYS Company 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.