Cerity Partners LLC grew its holdings in shares of ANSYS, Inc. (NASDAQ:ANSS - Free Report) by 7.0% in the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 36,397 shares of the software maker's stock after buying an additional 2,393 shares during the quarter. Cerity Partners LLC's holdings in ANSYS were worth $11,522,000 as of its most recent SEC filing.
Several other institutional investors and hedge funds also recently made changes to their positions in the business. Meiji Yasuda Asset Management Co Ltd. boosted its stake in shares of 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 valued at $438,000 after buying an additional 35 shares during the last quarter. Personal CFO Solutions LLC boosted its stake in shares of ANSYS by 2.8% during the 1st quarter. Personal CFO Solutions LLC now owns 1,410 shares of the software maker's stock valued at $446,000 after buying an additional 38 shares during the last quarter. Beverly Hills Private Wealth LLC raised its position in shares of ANSYS by 3.7% during the 1st quarter. Beverly Hills Private Wealth LLC now owns 1,084 shares of the software maker's stock valued at $343,000 after acquiring an additional 39 shares in the last quarter. Tsai Capital Corp raised its position in shares of ANSYS by 0.5% during the 4th quarter. Tsai Capital Corp now owns 8,945 shares of the software maker's stock valued at $3,017,000 after acquiring an additional 41 shares in the last quarter. Finally, Bessemer Group Inc. raised its position in shares of ANSYS by 1.3% during the 1st quarter. Bessemer Group Inc. now owns 3,223 shares of the software maker's stock valued at $1,020,000 after acquiring an additional 41 shares in the last quarter. 92.39% of the stock is currently owned by hedge funds and other institutional investors.
ANSYS Price Performance
NASDAQ ANSS remained flat at $374.30 during trading hours on Friday. ANSYS, Inc. has a fifty-two week low of $275.06 and a fifty-two week high of $395.49. The company has a debt-to-equity ratio of 0.12, a current ratio of 3.66 and a quick ratio of 3.66. The stock has a fifty day simple moving average of $348.46 and a 200 day simple moving average of $334.75. The stock has a market capitalization of $32.91 billion, a P/E ratio of 55.53, a price-to-earnings-growth ratio of 3.85 and a beta of 1.19.
ANSYS (NASDAQ:ANSS - Get Free Report) last issued its earnings results on Wednesday, April 30th. The software maker reported $1.64 earnings per share for the quarter, missing the consensus estimate of $1.75 by ($0.11). ANSYS had a return on equity of 12.38% and a net margin of 22.95%. The company had revenue of $504.89 million during the quarter, compared to analyst estimates of $516.81 million. During the same period in the prior year, the business earned $1.39 earnings per share. ANSYS's quarterly revenue was up 8.2% on a year-over-year basis. Research analysts predict that ANSYS, Inc. will post 8.32 earnings per share for the current year.
Analyst Ratings Changes
Several research firms recently issued reports on ANSS. Wall Street Zen lowered ANSYS from a "buy" rating to a "hold" rating in a research report on Wednesday, May 7th. Baird R W lowered ANSYS from a "strong-buy" rating to a "hold" rating in a research report on Monday. Finally, Robert W. Baird set a $396.00 price target on ANSYS in a research report on Monday.
View Our Latest Analysis on ANSYS
ANSYS Company Profile
(
Free Report)
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.
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