Voya Investment Management LLC Grows Position in ANSYS, Inc. (NASDAQ:ANSS)

Voya Investment Management LLC boosted its stake in ANSYS, Inc. (NASDAQ:ANSS) by 1.0% in the third quarter, according to the company in its most recent disclosure with the SEC. The firm owned 47,419 shares of the software maker’s stock after purchasing an additional 471 shares during the quarter. Voya Investment Management LLC owned about 0.06% of ANSYS worth $10,497,000 as of its most recent filing with the SEC.

Other hedge funds also recently modified their holdings of the company. Vanguard Group Inc. grew its stake in shares of ANSYS by 1.6% during the 2nd quarter. Vanguard Group Inc. now owns 9,053,388 shares of the software maker’s stock valued at $1,854,315,000 after buying an additional 144,094 shares during the period. BlackRock Inc. increased its holdings in shares of ANSYS by 2.9% during the 2nd quarter. BlackRock Inc. now owns 6,973,293 shares of the software maker’s stock worth $1,428,269,000 after buying an additional 194,230 shares during the last quarter. Massachusetts Financial Services Co. MA raised its position in shares of ANSYS by 1.0% in the 3rd quarter. Massachusetts Financial Services Co. MA now owns 2,968,226 shares of the software maker’s stock worth $657,047,000 after buying an additional 28,213 shares during the period. Atlanta Capital Management Co. L L C raised its position in shares of ANSYS by 0.6% in the 2nd quarter. Atlanta Capital Management Co. L L C now owns 1,814,386 shares of the software maker’s stock worth $371,623,000 after buying an additional 11,402 shares during the period. Finally, Kayne Anderson Rudnick Investment Management LLC boosted its holdings in ANSYS by 0.5% in the second quarter. Kayne Anderson Rudnick Investment Management LLC now owns 984,852 shares of the software maker’s stock valued at $201,717,000 after acquiring an additional 4,738 shares during the last quarter. 94.08% of the stock is owned by hedge funds and other institutional investors.

In other ANSYS news, VP Matthew C. Zack sold 1,427 shares of the company’s stock in a transaction that occurred on Tuesday, November 12th. The stock was sold at an average price of $230.40, for a total value of $328,780.80. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link. Also, VP Janet Lee sold 1,174 shares of the stock in a transaction that occurred on Monday, September 23rd. The shares were sold at an average price of $215.26, for a total transaction of $252,715.24. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 3,591 shares of company stock worth $814,423. Company insiders own 1.11% of the company’s stock.

Shares of NASDAQ ANSS opened at $250.37 on Wednesday. ANSYS, Inc. has a 12-month low of $136.80 and a 12-month high of $256.36. The company has a market cap of $21.44 billion, a P/E ratio of 48.06 and a beta of 1.42. The company has a current ratio of 2.55, a quick ratio of 2.55 and a debt-to-equity ratio of 0.03. The stock has a fifty day moving average price of $231.34 and a 200 day moving average price of $212.13.

ANSYS (NASDAQ:ANSS) last issued its quarterly earnings data on Wednesday, November 6th. The software maker reported $1.42 EPS for the quarter, topping the Zacks’ consensus estimate of $1.00 by $0.42. ANSYS had a return on equity of 16.65% and a net margin of 30.35%. The company had revenue of $343.90 million for the quarter, compared to analysts’ expectations of $334.40 million. During the same quarter in the previous year, the firm posted $1.31 earnings per share. The firm’s quarterly revenue was up 18.8% on a year-over-year basis. On average, sell-side analysts forecast that ANSYS, Inc. will post 5.26 EPS for the current fiscal year.

A number of research firms have issued reports on ANSS. BidaskClub raised ANSYS from a “buy” rating to a “strong-buy” rating in a research report on Thursday, November 28th. ValuEngine downgraded ANSYS from a “buy” rating to a “hold” rating in a report on Wednesday, October 2nd. Wedbush lifted their price objective on ANSYS from $232.00 to $254.00 and gave the company an “outperform” rating in a research note on Friday, September 13th. Evercore ISI reiterated a “hold” rating and set a $200.00 target price on shares of ANSYS in a report on Sunday, November 24th. Finally, Zacks Investment Research downgraded shares of ANSYS from a “buy” rating to a “hold” rating and set a $235.00 target price for the company. in a research report on Monday, October 14th. Six analysts have rated the stock with a hold rating, seven have given a buy rating and one has given a strong buy rating to the company’s stock. The stock has a consensus rating of “Buy” and an average target price of $228.00.

About ANSYS

ANSYS, Inc develops and markets engineering simulation software and services worldwide. The company offers ANSYS Workbench, a framework upon which the company's engineering simulation technologies are built; ANSYS multiphysics software to simulate the interactions between structures, heat transfer, fluids, and electronics in a unified engineering simulation environment; and structural analysis product suite that provides simulation tools for product design and optimization.

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Institutional Ownership by Quarter for ANSYS (NASDAQ:ANSS)

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