ANSYS, Inc. (ANSS) Position Lessened by Thrivent Financial For Lutherans
Thrivent Financial For Lutherans decreased its position in shares of ANSYS, Inc. (NASDAQ:ANSS) by 79.8% during the 2nd quarter, according to its most recent disclosure with the SEC. The firm owned 3,240 shares of the software maker’s stock after selling 12,760 shares during the period. Thrivent Financial For Lutherans’ holdings in ANSYS were worth $394,000 as of its most recent SEC filing.
Several other institutional investors and hedge funds have also recently made changes to their positions in ANSS. Aristotle Capital Management LLC raised its stake in ANSYS by 90.5% during the first quarter. Aristotle Capital Management LLC now owns 1,894,434 shares of the software maker’s stock worth $202,459,000 after purchasing an additional 899,793 shares during the period. Mawer Investment Management Ltd. raised its stake in ANSYS by 0.6% during the second quarter. Mawer Investment Management Ltd. now owns 1,141,118 shares of the software maker’s stock worth $138,851,000 after purchasing an additional 6,540 shares during the period. Bessemer Group Inc. raised its stake in ANSYS by 2.2% during the second quarter. Bessemer Group Inc. now owns 1,008,137 shares of the software maker’s stock worth $122,671,000 after purchasing an additional 21,351 shares during the period. Goldman Sachs Group Inc. raised its stake in ANSYS by 0.3% during the first quarter. Goldman Sachs Group Inc. now owns 829,619 shares of the software maker’s stock worth $88,662,000 after purchasing an additional 2,578 shares during the period. Finally, Eagle Asset Management Inc. raised its stake in ANSYS by 6.7% during the second quarter. Eagle Asset Management Inc. now owns 660,791 shares of the software maker’s stock worth $80,405,000 after purchasing an additional 41,304 shares during the period. 96.76% of the stock is currently owned by institutional investors and hedge funds.
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Shares of ANSYS, Inc. (NASDAQ:ANSS) opened at 129.89 on Friday. The stock has a 50 day moving average of $126.21 and a 200 day moving average of $122.26. The firm has a market cap of $11.01 billion, a price-to-earnings ratio of 41.74 and a beta of 1.05. ANSYS, Inc. has a 52-week low of $82.28 and a 52-week high of $132.74.
ANSYS (NASDAQ:ANSS) last posted its quarterly earnings results on Wednesday, August 2nd. The software maker reported $0.99 EPS for the quarter, topping the consensus estimate of $0.92 by $0.07. The business had revenue of $264.30 million during the quarter, compared to analysts’ expectations of $259.75 million. ANSYS had a net margin of 26.37% and a return on equity of 13.87%. The firm’s quarterly revenue was up 7.4% compared to the same quarter last year. During the same period last year, the company posted $0.93 earnings per share. Equities analysts predict that ANSYS, Inc. will post $3.87 EPS for the current fiscal year.
A number of equities analysts have weighed in on ANSS shares. Zacks Investment Research raised shares of ANSYS from a “hold” rating to a “buy” rating and set a $139.00 price target on the stock in a research note on Tuesday, October 3rd. Evercore ISI reaffirmed a “hold” rating and set a $113.00 price target on shares of ANSYS in a research note on Wednesday, September 13th. Goldman Sachs Group, Inc. (The) started coverage on shares of ANSYS in a research note on Monday, July 17th. They set a “neutral” rating and a $112.00 price target on the stock. J P Morgan Chase & Co reaffirmed a “sell” rating and set a $98.00 price target on shares of ANSYS in a research note on Tuesday, September 19th. Finally, KeyCorp reaffirmed a “hold” rating on shares of ANSYS in a research note on Friday, September 29th. Two research analysts have rated the stock with a sell rating, thirteen have assigned a hold rating, one has assigned a buy rating and one has issued a strong buy rating to the company’s stock. The company has a consensus rating of “Hold” and a consensus target price of $116.68.
ANSYS Company Profile
ANSYS, Inc (ANSYS) develops and markets engineering simulation software and services used by engineers, designers, researchers and students across a range of industries and academia, including aerospace and defense, automotive, industrial equipment, electronics, biomedical, energy, materials and chemical processing, and semiconductors.
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