UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC Raises Position in ANSYS, Inc. (NASDAQ:ANSS)

UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC grew its holdings in shares of ANSYS, Inc. (NASDAQ:ANSS - Free Report) by 13.2% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 865,756 shares of the software maker's stock after buying an additional 100,779 shares during the quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC owned 0.99% of ANSYS worth $292,045,000 at the end of the most recent reporting period.

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

Insider Buying and Selling at ANSYS

In other news, Director Glenda Dorchak sold 200 shares of ANSYS stock in a transaction 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 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 position. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Corporate insiders own 0.61% of the company's stock.

ANSYS Stock Up 1.4%

NASDAQ:ANSS traded up $4.92 on Tuesday, hitting $347.09. The stock had a trading volume of 141,606 shares, compared to its average volume of 494,616. ANSYS, Inc. has a 1 year low of $275.06 and a 1 year high of $363.03. The firm's fifty day simple moving average is $319.74 and its two-hundred day simple moving average is $332.95. 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 stock has a market cap of $30.51 billion, a P/E ratio of 52.99, a price-to-earnings-growth ratio of 3.48 and a beta of 1.21.

ANSYS (NASDAQ:ANSS - Get Free Report) last released its earnings results on Wednesday, April 30th. The software maker reported $1.64 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.75 by ($0.11). The business had revenue of $504.89 million during the quarter, compared to the consensus estimate of $516.81 million. ANSYS had a net margin of 22.62% and a return on equity of 12.69%. The business's revenue was up 8.2% on a year-over-year basis. During the same period in the prior year, the company earned $1.39 earnings per share. Analysts predict that ANSYS, Inc. will post 8.32 earnings per share for the current year.

Wall Street Analyst Weigh In

Several equities research analysts recently issued reports on the company. Wall Street Zen downgraded ANSYS from a "buy" rating to a "hold" rating in a report on Wednesday, May 7th. Rosenblatt Securities lifted their price objective on shares of ANSYS from $335.00 to $340.00 and gave the stock a "neutral" rating in a 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.