Rathbones Group PLC Has $85.30 Million Stock Holdings in ANSYS, Inc. (NASDAQ:ANSS)

Rathbones Group PLC grew its holdings in shares of ANSYS, Inc. (NASDAQ:ANSS) by 2.5% in the fourth quarter, Holdings Channel reports. The institutional investor owned 252,873 shares of the software maker’s stock after acquiring an additional 6,258 shares during the period. Rathbones Group PLC’s holdings in ANSYS were worth $85,302,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently made changes to their positions in the business. Nomura Asset Management Co. Ltd. lifted its stake in ANSYS by 7.2% during 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 in the last quarter. FNY Investment Advisers LLC boosted its holdings in ANSYS by 78.7% during the fourth quarter. FNY Investment Advisers LLC now owns 6,037 shares of the software maker’s stock worth $2,036,000 after purchasing an additional 2,659 shares during the last quarter. JPMorgan Chase & Co. grew its position in ANSYS by 34.9% in 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 in the last quarter. Oak Thistle LLC purchased a new stake in ANSYS in the 4th quarter valued at about $255,000. Finally, Ulland Investment Advisors LLC boosted its stake in shares of ANSYS by 107.6% in the 4th quarter. Ulland Investment Advisors LLC now owns 2,635 shares of the software maker’s stock worth $889,000 after buying an additional 1,366 shares during the last quarter. 92.39% of the stock is owned by institutional investors.

Analyst Ratings Changes

Several research analysts have weighed in on ANSS shares. Rosenblatt Securities boosted 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 lowered shares of ANSYS from a “buy” rating to a “hold” rating in a research report on Friday, March 21st.

ANSYS Stock Down 7.6 %

Shares of NASDAQ ANSS opened at $286.85 on Monday. The company has a debt-to-equity ratio of 0.12, a current ratio of 3.01 and a quick ratio of 3.01. The stock has a market capitalization of $25.14 billion, a PE ratio of 43.79, a P/E/G ratio of 3.48 and a beta of 1.20. ANSYS, Inc. has a one year low of $285.93 and a one year high of $363.03. The business’s fifty day moving average price is $330.70 and its 200-day moving average price is $334.24.

ANSYS (NASDAQ:ANSS) last posted its earnings results on Wednesday, February 19th. The software maker reported $3.65 earnings per share for the quarter, missing the consensus estimate of $3.97 by ($0.32). The business had revenue of $882.17 million during the quarter, compared to analysts’ expectations of $864.46 million. ANSYS had a return on equity of 12.69% and a net margin of 22.62%. On average, equities research analysts anticipate that ANSYS, Inc. will post 8.32 EPS for the current year.

Insider Transactions at ANSYS

In related news, Director Glenda Dorchak sold 200 shares of the stock in a transaction dated Monday, January 13th. The stock was sold at an average price of $336.62, for a total transaction of $67,324.00. Following the sale, the director now owns 3,430 shares of the company’s stock, valued at approximately $1,154,606.60. This represents a 5.51 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Corporate insiders own 0.46% of the company’s stock.

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.