Aberdeen Asset Management PLC UK Buys 13,156 Shares of ANSYS, Inc. (ANSS)

Aberdeen Asset Management PLC UK increased its stake in shares of ANSYS, Inc. (NASDAQ:ANSS) by 14.9% in the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 101,499 shares of the software maker’s stock after buying an additional 13,156 shares during the quarter. Aberdeen Asset Management PLC UK owned 0.12% of ANSYS worth $12,350,000 at the end of the most recent quarter.

A number of other institutional investors also recently made changes to their positions in ANSS. Strs Ohio grew its holdings in ANSYS by 2.1% during the first quarter. Strs Ohio now owns 6,927 shares of the software maker’s stock worth $740,000 after buying an additional 141 shares in the last quarter. First Trust Advisors LP grew its holdings in ANSYS by 133.9% during the first quarter. First Trust Advisors LP now owns 62,739 shares of the software maker’s stock worth $6,705,000 after buying an additional 35,920 shares in the last quarter. DekaBank Deutsche Girozentrale grew its holdings in ANSYS by 35.3% during the first quarter. DekaBank Deutsche Girozentrale now owns 9,368 shares of the software maker’s stock worth $1,027,000 after buying an additional 2,442 shares in the last quarter. Daiwa Securities Group Inc. grew its holdings in ANSYS by 10.9% during the first quarter. Daiwa Securities Group Inc. now owns 2,550 shares of the software maker’s stock worth $273,000 after buying an additional 250 shares in the last quarter. Finally, BNP Paribas Arbitrage SA grew its holdings in ANSYS by 0.5% during the first quarter. BNP Paribas Arbitrage SA now owns 28,612 shares of the software maker’s stock worth $3,058,000 after buying an additional 150 shares in the last quarter. Institutional investors and hedge funds own 96.87% of the company’s stock.

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ANSYS, Inc. (NASDAQ:ANSS) opened at 132.01 on Wednesday. The company has a market cap of $11.19 billion, a P/E ratio of 42.42 and a beta of 1.07. The firm has a 50-day moving average price of $126.99 and a 200-day moving average price of $118.60. ANSYS, Inc. has a 52 week low of $82.28 and a 52 week high of $132.07.

ANSYS (NASDAQ:ANSS) last posted its earnings results on Wednesday, August 2nd. The software maker reported $0.99 EPS for the quarter, topping the Zacks’ consensus estimate of $0.92 by $0.07. The business had revenue of $264.30 million during the quarter, compared to analyst estimates of $259.75 million. ANSYS had a return on equity of 13.87% and a net margin of 26.37%. The company’s quarterly revenue was up 7.4% compared to the same quarter last year. During the same quarter last year, the company earned $0.93 EPS. Equities research analysts anticipate that ANSYS, Inc. will post $3.86 EPS for the current fiscal year.

Several equities research analysts recently issued reports on ANSS shares. Goldman Sachs Group, Inc. (The) started coverage on ANSYS in a report on Monday, July 17th. They set a “neutral” rating and a $112.00 price target for the company. Berenberg Bank started coverage on ANSYS in a report on Wednesday, August 23rd. They set a “hold” rating and a $123.00 price target for the company. Zacks Investment Research downgraded ANSYS from a “hold” rating to a “sell” rating in a report on Tuesday, July 4th. BidaskClub upgraded ANSYS from a “buy” rating to a “strong-buy” rating in a report on Friday, August 4th. Finally, Robert W. Baird set a $130.00 price target on ANSYS and gave the stock a “buy” rating in a report on Monday, August 28th. Two equities research analysts have rated the stock with a sell rating, twelve have given a hold rating, one has given a buy rating and one has given a strong buy rating to the company’s stock. ANSYS presently has an average rating of “Hold” and a consensus price target of $110.70.

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.

Institutional Ownership by Quarter for ANSYS (NASDAQ:ANSS)

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