Schroder Investment Management Group Reduces Position in ANSYS, Inc. (NASDAQ:ANSS)

Schroder Investment Management Group trimmed its stake in ANSYS, Inc. (NASDAQ:ANSS) by 7.3% in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 18,933 shares of the software maker’s stock after selling 1,499 shares during the period. Schroder Investment Management Group’s holdings in ANSYS were worth $6,398,000 at the end of the most recent reporting period.

A number of other institutional investors also recently bought and sold shares of the stock. Allianz SE purchased a new stake in ANSYS in the fourth quarter worth about $1,556,000. Tsai Capital Corp raised its stake in ANSYS by 0.5% during the 4th quarter. Tsai Capital Corp now owns 8,945 shares of the software maker’s stock worth $3,017,000 after acquiring an additional 41 shares during the period. Allstate Corp purchased a new position in ANSYS during the fourth quarter valued at approximately $871,000. Brown Brothers Harriman & Co. boosted its position in shares of ANSYS by 456.0% in the fourth quarter. Brown Brothers Harriman & Co. now owns 278 shares of the software maker’s stock worth $94,000 after purchasing an additional 228 shares during the period. Finally, DnB Asset Management AS increased its stake in shares of ANSYS by 2.4% in the fourth quarter. DnB Asset Management AS now owns 15,087 shares of the software maker’s stock worth $5,089,000 after purchasing an additional 356 shares in the last quarter. 92.39% of the stock is owned by institutional investors.

Insider Transactions at ANSYS

In related news, Director Glenda Dorchak sold 200 shares of the business’s stock in a transaction on Monday, January 13th. The shares were sold at an average price of $336.62, for a total value of $67,324.00. Following the sale, the director now owns 3,430 shares in the company, valued at approximately $1,154,606.60. The trade was a 5.51 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Insiders own 0.46% of the company’s stock.

ANSYS Stock Performance

ANSS opened at $286.85 on Friday. 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 stock has a market capitalization of $25.14 billion, a price-to-earnings ratio of 43.79, a PEG ratio of 3.48 and a beta of 1.20. The company has a fifty day moving average of $330.70 and a 200 day moving average of $333.98. ANSYS, Inc. has a fifty-two week low of $285.93 and a fifty-two week high of $363.03.

ANSYS (NASDAQ:ANSS) last issued its quarterly earnings data on Wednesday, February 19th. The software maker reported $3.65 earnings per share for the quarter, missing analysts’ consensus estimates of $3.97 by ($0.32). The firm had revenue of $882.17 million for the quarter, compared to analysts’ expectations of $864.46 million. ANSYS had a net margin of 22.62% and a return on equity of 12.69%. As a group, sell-side analysts forecast that ANSYS, Inc. will post 8.32 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

ANSS has been the topic of a number of analyst reports. Rosenblatt Securities lifted their target price 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. StockNews.com lowered ANSYS from a “buy” rating to a “hold” rating in a research note on Friday, March 21st.

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.