Nissay Asset Management Corp Japan ADV Boosts Holdings in ANSYS, Inc. (NASDAQ:ANSS)

Nissay Asset Management Corp Japan ADV grew its position in ANSYS, Inc. (NASDAQ:ANSS - Free Report) by 6.3% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 19,369 shares of the software maker's stock after buying an additional 1,151 shares during the period. Nissay Asset Management Corp Japan ADV's holdings in ANSYS were worth $6,580,000 as of its most recent SEC filing.

Other hedge funds have also made changes to their positions in the company. Oak Thistle LLC purchased a new stake in shares of ANSYS in the 4th quarter valued at approximately $255,000. Ulland Investment Advisors LLC lifted its holdings in shares of ANSYS by 107.6% in the 4th quarter. Ulland Investment Advisors LLC now owns 2,635 shares of the software maker's stock worth $889,000 after acquiring an additional 1,366 shares during the last quarter. Alpine Associates Management Inc. lifted its holdings in shares of ANSYS by 8.2% in the 4th quarter. Alpine Associates Management Inc. now owns 443,583 shares of the software maker's stock worth $149,634,000 after acquiring an additional 33,600 shares during the last quarter. Magnetar Financial LLC lifted its holdings in shares of ANSYS by 0.8% in the 4th quarter. Magnetar Financial LLC now owns 219,625 shares of the software maker's stock worth $74,086,000 after acquiring an additional 1,824 shares during the last quarter. Finally, Mizuho Securities USA LLC lifted its holdings in shares of ANSYS by 46.3% in the 4th quarter. Mizuho Securities USA LLC now owns 8,288 shares of the software maker's stock worth $2,796,000 after acquiring an additional 2,621 shares during the last quarter. Hedge funds and other institutional investors own 92.39% of the company's stock.

ANSYS Stock Down 0.8%

ANSYS stock traded down $2.65 during mid-day trading on Monday, reaching $343.98. 771,102 shares of the company's stock were exchanged, compared to its average volume of 494,535. The company has a market cap of $30.24 billion, a P/E ratio of 52.52, a P/E/G ratio of 3.48 and a beta of 1.21. ANSYS, Inc. has a twelve month low of $275.06 and a twelve month high of $363.03. The company has a quick ratio of 3.01, a current ratio of 3.01 and a debt-to-equity ratio of 0.12. The company has a fifty day moving average of $317.11 and a 200-day moving average of $332.55.

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 analysts' consensus estimates of $1.75 by ($0.11). The business had revenue of $504.89 million for the quarter, compared to analyst estimates of $516.81 million. ANSYS had a return on equity of 12.69% and a net margin of 22.62%. ANSYS's quarterly revenue was up 8.2% compared to the same quarter last year. During the same quarter last year, the company earned $1.39 earnings per share. Sell-side analysts expect that ANSYS, Inc. will post 8.32 EPS for the current year.

Analysts Set New Price Targets

ANSS has been the topic of several recent analyst reports. StockNews.com lowered shares of ANSYS from a "buy" rating to a "hold" rating in a report on Wednesday, May 7th. Rosenblatt Securities upped 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.

Insider Activity

In other news, Director Glenda Dorchak sold 200 shares of the firm's stock in a transaction on Monday, April 14th. The shares were sold at an average price of $300.01, for a total value of $60,002.00. Following the sale, the director now directly owns 3,230 shares in the company, valued at approximately $969,032.30. This trade represents a 5.83% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Company insiders own 0.61% of the company's stock.

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.