Toronto Dominion Bank Has $16.66 Million Holdings in ANSYS, Inc. (NASDAQ:ANSS)

Toronto Dominion Bank increased its position in ANSYS, Inc. (NASDAQ:ANSS - Free Report) by 3.4% in the fourth quarter, according to its most recent 13F filing with the SEC. The firm owned 49,378 shares of the software maker's stock after purchasing an additional 1,603 shares during the period. Toronto Dominion Bank owned about 0.06% of ANSYS worth $16,657,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in ANSS. Snowden Capital Advisors LLC boosted its position in shares of ANSYS by 6.2% in the fourth quarter. Snowden Capital Advisors LLC now owns 923 shares of the software maker's stock worth $311,000 after buying an additional 54 shares during the period. Siemens Fonds Invest GmbH lifted its stake in ANSYS by 1,120.4% in the 4th quarter. Siemens Fonds Invest GmbH now owns 22,125 shares of the software maker's stock worth $7,463,000 after acquiring an additional 20,312 shares in the last quarter. Sona Asset Management US LLC boosted its position in ANSYS by 46.6% during the 4th quarter. Sona Asset Management US LLC now owns 85,377 shares of the software maker's stock worth $28,800,000 after acquiring an additional 27,145 shares during the period. Rafferty Asset Management LLC grew its stake in ANSYS by 1.6% during the 4th quarter. Rafferty Asset Management LLC now owns 68,308 shares of the software maker's stock valued at $23,042,000 after acquiring an additional 1,107 shares in the last quarter. Finally, Raiffeisen Bank International AG acquired a new position in shares of ANSYS in the 4th quarter valued at about $48,253,000. 92.39% of the stock is currently owned by hedge funds and other institutional investors.

ANSYS Trading Down 0.8%

Shares of ANSS stock opened at $343.98 on Tuesday. The firm has a market capitalization of $30.24 billion, a P/E ratio of 52.52, a price-to-earnings-growth ratio of 3.48 and a beta of 1.21. 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 $317.64 and its 200 day simple moving average is $332.69. 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 - Get Free Report) last released its quarterly earnings data on Wednesday, April 30th. The software maker reported $1.64 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $1.75 by ($0.11). The firm had revenue of $504.89 million for 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 for the quarter was up 8.2% on a year-over-year basis. During the same quarter in the prior year, the firm posted $1.39 earnings per share. As a group, sell-side analysts predict that ANSYS, Inc. will post 8.32 EPS for the current year.

Insider Buying and Selling

In other news, Director Glenda Dorchak sold 200 shares of the company's 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 transaction, the director now owns 3,230 shares of the company's stock, valued at $969,032.30. This represents a 5.83% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available through this link. 0.61% of the stock is currently owned by corporate insiders.

Wall Street Analysts Forecast Growth

A number of brokerages recently commented on ANSS. Rosenblatt Securities boosted their price objective on shares of ANSYS from $335.00 to $340.00 and gave the company 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 note on Wednesday, May 7th.

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.

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