ANSYS, Inc. (NASDAQ:ANSS) Shares Acquired by DekaBank Deutsche Girozentrale

DekaBank Deutsche Girozentrale boosted its stake in shares of ANSYS, Inc. (NASDAQ:ANSS - Free Report) by 8.2% in the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 415,424 shares of the software maker's stock after buying an additional 31,579 shares during the period. DekaBank Deutsche Girozentrale owned approximately 0.48% of ANSYS worth $149,607,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in ANSS. American Century Companies Inc. increased its position in ANSYS by 12.4% during the 1st quarter. American Century Companies Inc. now owns 2,254 shares of the software maker's stock valued at $716,000 after buying an additional 248 shares in the last quarter. Panagora Asset Management Inc. increased its position in ANSYS by 59.0% during the 1st quarter. Panagora Asset Management Inc. now owns 4,430 shares of the software maker's stock valued at $1,407,000 after buying an additional 1,643 shares in the last quarter. Cibc World Market Inc. increased its position in ANSYS by 7.3% during the 1st quarter. Cibc World Market Inc. now owns 2,323 shares of the software maker's stock valued at $738,000 after buying an additional 158 shares in the last quarter. Dimensional Fund Advisors LP increased its position in ANSYS by 3.5% during the 1st quarter. Dimensional Fund Advisors LP now owns 301,397 shares of the software maker's stock valued at $95,742,000 after buying an additional 10,284 shares in the last quarter. Finally, Allianz Asset Management GmbH increased its position in ANSYS by 4.5% during the 1st quarter. Allianz Asset Management GmbH now owns 71,045 shares of the software maker's stock valued at $22,567,000 after buying an additional 3,063 shares in the last quarter. Institutional investors own 92.39% of the company's stock.

ANSYS Stock Performance

NASDAQ ANSS traded up $0.69 on Friday, hitting $341.87. 283,554 shares of the company traded hands, compared to its average volume of 443,671. The company has a market capitalization of $29.75 billion, a price-to-earnings ratio of 59.66, a P/E/G ratio of 5.40 and a beta of 1.16. The company has a current ratio of 2.30, a quick ratio of 2.30 and a debt-to-equity ratio of 0.14. The business's 50 day moving average price is $337.70 and its 200-day moving average price is $318.05. ANSYS, Inc. has a 52-week low of $258.01 and a 52-week high of $364.31.

ANSYS (NASDAQ:ANSS - Get Free Report) last released its earnings results on Wednesday, February 21st. The software maker reported $3.94 earnings per share for the quarter, beating the consensus estimate of $3.71 by $0.23. The company had revenue of $805.10 million for the quarter, compared to the consensus estimate of $797.49 million. ANSYS had a return on equity of 11.83% and a net margin of 22.05%. ANSYS's quarterly revenue was up 15.9% compared to the same quarter last year. During the same period in the previous year, the business earned $2.61 earnings per share. Equities analysts expect that ANSYS, Inc. will post 7.34 earnings per share for the current year.

Analysts Set New Price Targets

A number of analysts have commented on ANSS shares. StockNews.com started coverage on ANSYS in a report on Sunday. They issued a "hold" rating for the company. Rosenblatt Securities reissued a "neutral" rating and issued a $345.00 target price on shares of ANSYS in a report on Tuesday, March 5th. Mizuho reduced their target price on ANSYS from $350.00 to $330.00 and set a "neutral" rating for the company in a report on Wednesday, January 17th. Wolfe Research reissued a "peer perform" rating on shares of ANSYS in a report on Wednesday, January 17th. Finally, Barclays lifted their target price on ANSYS from $314.00 to $340.00 and gave the stock an "underweight" rating in a report on Thursday, February 22nd. Two analysts have rated the stock with a sell rating, seven have issued a hold rating and one has given a buy rating to the stock. Based on data from MarketBeat, the company currently has an average rating of "Hold" and a consensus target price of $322.75.

Insider Activity at ANSYS

In other ANSYS news, Director Glenda Dorchak sold 200 shares of the firm's stock in a transaction dated Monday, January 8th. The stock was sold at an average price of $345.68, for a total transaction of $69,136.00. Following the sale, the director now directly owns 3,199 shares of the company's stock, valued at $1,105,830.32. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. 0.53% of the stock is owned by company insiders.

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.