Universal Beteiligungs und Servicegesellschaft mbH Invests $21.28 Million in ANSYS, Inc. (NASDAQ:ANSS)

Universal Beteiligungs und Servicegesellschaft mbH acquired a new position in ANSYS, Inc. (NASDAQ:ANSS - Free Report) in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund acquired 63,072 shares of the software maker's stock, valued at approximately $21,276,000. Universal Beteiligungs und Servicegesellschaft mbH owned 0.07% of ANSYS at the end of the most recent reporting period.

A number of other hedge funds have also recently added to or reduced their stakes in ANSS. Ameliora Wealth Management Ltd. acquired a new position in ANSYS in the fourth quarter worth $27,000. Quarry LP boosted its holdings in ANSYS by 1,550.0% in the fourth quarter. Quarry LP now owns 99 shares of the software maker's stock worth $33,000 after purchasing an additional 93 shares during the period. Assetmark Inc. lifted its stake in ANSYS by 468.2% in the fourth quarter. Assetmark Inc. now owns 125 shares of the software maker's stock valued at $42,000 after buying an additional 103 shares during the last quarter. Millstone Evans Group LLC bought a new stake in ANSYS in the fourth quarter valued at $42,000. Finally, Kapitalo Investimentos Ltda bought a new stake in ANSYS in the fourth quarter valued at $43,000. Institutional investors and hedge funds own 92.39% of the company's stock.

Insiders Place Their Bets

In other news, Director Glenda Dorchak sold 200 shares of the company'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 transaction, 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 ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Company insiders own 0.61% of the company's stock.

Analyst Ratings Changes

A number of equities research analysts have issued reports on ANSS shares. Wall Street Zen cut ANSYS from a "buy" rating to a "hold" rating in a research note on Wednesday, May 7th. Rosenblatt Securities lifted their price objective on shares of ANSYS from $335.00 to $340.00 and gave the company a "neutral" rating in a research note on Friday, February 21st.

ANSYS Stock Up 0.6%

Shares of NASDAQ ANSS traded up $2.06 during mid-day trading on Friday, reaching $330.80. The company had a trading volume of 2,766,267 shares, compared to its average volume of 517,115. The stock has a fifty day moving average of $320.46 and a two-hundred day moving average of $332.82. 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 company has a market capitalization of $29.08 billion, a price-to-earnings ratio of 50.50, a PEG ratio of 3.48 and a beta of 1.21. ANSYS, Inc. has a 12-month low of $275.06 and a 12-month high of $363.03.

ANSYS (NASDAQ:ANSS - Get Free Report) last announced its quarterly earnings results on Wednesday, April 30th. The software maker reported $1.64 EPS for the quarter, missing the consensus estimate of $1.75 by ($0.11). The firm 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 company's quarterly revenue was up 8.2% compared to the same quarter last year. During the same period in the previous year, the firm posted $1.39 EPS. As a group, equities research analysts expect that ANSYS, Inc. will post 8.32 EPS for the current year.

About ANSYS

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.