Nissay Asset Management Corp Japan ADV Has $6.58 Million Holdings in ANSYS, Inc. (NASDAQ:ANSS)

Nissay Asset Management Corp Japan ADV boosted its position in shares of ANSYS, Inc. (NASDAQ:ANSS) by 6.3% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 19,369 shares of the software maker’s stock after acquiring an additional 1,151 shares during the period. Nissay Asset Management Corp Japan ADV’s holdings in ANSYS were worth $6,580,000 at the end of the most recent quarter.

A number of other hedge funds also recently bought and sold shares of ANSS. Ameliora Wealth Management Ltd. bought a new position in shares of ANSYS in the fourth quarter worth about $27,000. Quarry LP increased its position in ANSYS by 1,550.0% in the 4th quarter. Quarry LP now owns 99 shares of the software maker’s stock worth $33,000 after buying an additional 93 shares during the period. Assetmark Inc. increased its position in ANSYS by 468.2% in the 4th quarter. Assetmark Inc. now owns 125 shares of the software maker’s stock worth $42,000 after buying an additional 103 shares during the period. Millstone Evans Group LLC acquired a new position in shares of ANSYS during the fourth quarter worth approximately $42,000. Finally, Kapitalo Investimentos Ltda bought a new stake in shares of ANSYS in the fourth quarter valued at approximately $43,000. 92.39% of the stock is currently owned by institutional investors.

ANSYS Price Performance

Shares of ANSS stock opened at $343.52 on Friday. ANSYS, Inc. has a 12 month low of $275.06 and a 12 month high of $363.03. The company has a market capitalization of $30.20 billion, a P/E ratio of 52.45, a P/E/G ratio of 3.48 and a beta of 1.21. The stock has a 50 day moving average of $316.58 and a two-hundred day moving average of $332.32. The company has a current ratio of 3.01, a quick ratio of 3.01 and a debt-to-equity ratio of 0.12.

ANSYS (NASDAQ:ANSS) last issued its earnings results on Wednesday, April 30th. The software maker reported $1.64 EPS for the quarter, missing the consensus estimate of $1.75 by ($0.11). ANSYS had a return on equity of 12.69% and a net margin of 22.62%. The firm had revenue of $504.89 million during the quarter, compared to the consensus estimate of $516.81 million. During the same period last year, the business earned $1.39 earnings per share. The firm’s revenue for the quarter was up 8.2% compared to the same quarter last year. As a group, equities analysts expect that ANSYS, Inc. will post 8.32 EPS for the current year.

Analysts Set New Price Targets

ANSS has been the topic of a number of research reports. Rosenblatt Securities boosted their target price on shares of ANSYS from $335.00 to $340.00 and gave the stock a “neutral” rating in a research report on Friday, February 21st. StockNews.com downgraded shares of ANSYS from a “buy” rating to a “hold” rating in a report on Wednesday, May 7th.

Insider Transactions at ANSYS

In related news, Director Glenda Dorchak sold 200 shares of the company’s stock in a transaction dated Monday, April 14th. The shares were sold at an average price of $300.01, for a total value of $60,002.00. Following the sale, the director now owns 3,230 shares of the company’s stock, valued at $969,032.30. The trade was a 5.83% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. 0.61% of the stock is owned by insiders.

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.