Trillium Asset Management LLC Has $14,263,000 Position in Ansys Inc. (ANSS)
Trillium Asset Management LLC boosted its position in Ansys Inc. (NASDAQ:ANSS) by 2.8% during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 157,165 shares of the company’s stock after buying an additional 4,265 shares during the period. Trillium Asset Management LLC’s holdings in Ansys were worth $14,263,000 at the end of the most recent quarter.
Several other hedge funds and other institutional investors have also recently modified their holdings of ANSS. Hartford Investment Management Co. increased its position in shares of Ansys by 2.3% in the second quarter. Hartford Investment Management Co. now owns 2,483 shares of the company’s stock worth $225,000 after buying an additional 56 shares during the period. Raymond James Trust N.A. increased its position in Ansys by 4.6% in the second quarter. Raymond James Trust N.A. now owns 2,961 shares of the company’s stock worth $269,000 after buying an additional 129 shares during the last quarter. Stock Yards Bank & Trust Co. increased its position in Ansys by 3.4% in the second quarter. Stock Yards Bank & Trust Co. now owns 4,585 shares of the company’s stock worth $416,000 after buying an additional 150 shares during the last quarter. Oakbrook Investments LLC increased its position in Ansys by 5.9% in the second quarter. Oakbrook Investments LLC now owns 3,600 shares of the company’s stock worth $327,000 after buying an additional 200 shares during the last quarter. Finally, Diversified Trust Co increased its position in Ansys by 8.7% in the second quarter. Diversified Trust Co now owns 2,500 shares of the company’s stock worth $227,000 after buying an additional 200 shares during the last quarter. Hedge funds and other institutional investors own 97.28% of the company’s stock.
Ansys Inc. (NASDAQ:ANSS) traded down 0.14% on Tuesday, reaching $91.74. 530,678 shares of the company’s stock traded hands. The firm’s 50 day moving average price is $94.63 and its 200 day moving average price is $90.61. Ansys Inc. has a 12 month low of $80.51 and a 12 month high of $98.99. The company has a market cap of $8.00 billion, a PE ratio of 31.84 and a beta of 0.99.
Ansys (NASDAQ:ANSS) last issued its earnings results on Thursday, August 4th. The company reported $0.93 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.88 by $0.05. Ansys had a net margin of 27.06% and a return on equity of 13.33%. The firm had revenue of $246.10 million for the quarter, compared to analysts’ expectations of $244.84 million. During the same quarter last year, the business earned $0.85 earnings per share. The business’s revenue was up 4.5% on a year-over-year basis. On average, equities analysts expect that Ansys Inc. will post $3.62 EPS for the current fiscal year.
A number of research analysts recently issued reports on the stock. Wedbush reiterated a “neutral” rating and set a $88.00 target price on shares of Ansys in a research report on Wednesday, August 31st. Zacks Investment Research upgraded shares of Ansys from a “sell” rating to a “hold” rating in a research report on Tuesday, August 9th. Evercore ISI reiterated a “buy” rating on shares of Ansys in a research report on Friday, September 16th. Finally, Barclays PLC boosted their target price on shares of Ansys from $86.00 to $94.00 and gave the company an “equal weight” rating in a research report on Friday, August 5th. One research analyst has rated the stock with a sell rating, six have given a hold rating and three have issued a buy rating to the company. The stock currently has an average rating of “Hold” and an average target price of $90.71.
ANSYS, Inc develops and markets engineering simulation software and services used by engineers, designers and students across industries and academia, including aerospace and defense, automotive, industrial equipment, electronics, biomedical, energy, materials and chemical processing, and semiconductors.
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