B. Metzler seel. Sohn & Co. AG Decreases Position in ANSYS, Inc. (NASDAQ:ANSS)

B. Metzler seel. Sohn & Co. AG cut its holdings in ANSYS, Inc. (NASDAQ:ANSS) by 30.8% in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 7,896 shares of the software maker’s stock after selling 3,510 shares during the period. B. Metzler seel. Sohn & Co. AG’s holdings in ANSYS were worth $2,663,000 at the end of the most recent reporting period.

Several other institutional investors have also added to or reduced their stakes in ANSS. Glenmede Trust Co. NA grew its position in ANSYS by 2.1% during the 3rd quarter. Glenmede Trust Co. NA now owns 2,973 shares of the software maker’s stock worth $947,000 after acquiring an additional 61 shares during the last quarter. Public Sector Pension Investment Board grew its holdings in shares of ANSYS by 14.9% in the third quarter. Public Sector Pension Investment Board now owns 3,847 shares of the software maker’s stock worth $1,226,000 after purchasing an additional 500 shares during the last quarter. Caisse DE Depot ET Placement DU Quebec grew its holdings in shares of ANSYS by 29.1% in the third quarter. Caisse DE Depot ET Placement DU Quebec now owns 16,100 shares of the software maker’s stock worth $5,130,000 after purchasing an additional 3,625 shares during the last quarter. Benjamin Edwards Inc. increased its stake in shares of ANSYS by 237.1% in the third quarter. Benjamin Edwards Inc. now owns 1,264 shares of the software maker’s stock worth $403,000 after buying an additional 889 shares during the period. Finally, Hilltop Holdings Inc. bought a new stake in ANSYS during the 3rd quarter valued at $311,000. 92.39% of the stock is currently owned by hedge funds and other institutional investors.

Insider Activity at ANSYS

In related news, Director Glenda Dorchak sold 200 shares of the stock in a transaction dated Monday, January 13th. The shares were sold at an average price of $336.62, for a total value of $67,324.00. Following the completion of the transaction, the director now directly owns 3,430 shares in the company, valued at $1,154,606.60. This trade represents a 5.51 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. 0.46% of the stock is currently owned by corporate insiders.

Wall Street Analyst Weigh In

A number of research firms have issued reports on ANSS. Rosenblatt Securities boosted their price objective on shares of ANSYS from $335.00 to $340.00 and gave the company a “neutral” rating in a research report on Friday, February 21st. StockNews.com downgraded ANSYS from a “buy” rating to a “hold” rating in a report on Friday, March 21st.

ANSYS Stock Up 1.3 %

Shares of NASDAQ ANSS opened at $320.79 on Wednesday. The firm has a fifty day simple moving average of $333.83 and a two-hundred day simple moving average of $334.45. ANSYS, Inc. has a 12 month low of $289.82 and a 12 month high of $363.03. The company has a current ratio of 3.01, a quick ratio of 3.01 and a debt-to-equity ratio of 0.12. The firm has a market capitalization of $28.12 billion, a PE ratio of 48.98, a price-to-earnings-growth ratio of 3.48 and a beta of 1.11.

ANSYS (NASDAQ:ANSS) last released its quarterly earnings results on Wednesday, February 19th. The software maker reported $3.65 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $3.97 by ($0.32). The company had revenue of $882.17 million during the quarter, compared to the consensus estimate of $864.46 million. ANSYS had a return on equity of 12.69% and a net margin of 22.62%. Equities analysts expect that ANSYS, Inc. will post 8.32 earnings per share for the current year.

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.