NFJ Investment Group LLC Has $12.71 Million Stake in ANSYS, Inc. (NASDAQ:ANSS)

NFJ Investment Group LLC raised its stake in shares of ANSYS, Inc. (NASDAQ:ANSS) by 225.6% during the 3rd quarter, according to the company in its most recent filing with the SEC. The firm owned 39,874 shares of the software maker’s stock after purchasing an additional 27,628 shares during the quarter. NFJ Investment Group LLC’s holdings in ANSYS were worth $12,705,000 as of its most recent filing with the SEC.

Several other institutional investors and hedge funds also recently made changes to their positions in the stock. Earnest Partners LLC increased its holdings in shares of ANSYS by 2.5% during the 2nd quarter. Earnest Partners LLC now owns 607,029 shares of the software maker’s stock worth $195,160,000 after purchasing an additional 15,012 shares during the period. Impax Asset Management Group plc increased its holdings in shares of ANSYS by 8.0% during the 3rd quarter. Impax Asset Management Group plc now owns 603,394 shares of the software maker’s stock worth $192,259,000 after purchasing an additional 44,605 shares during the period. Charles Schwab Investment Management Inc. increased its holdings in shares of ANSYS by 1.7% during the 3rd quarter. Charles Schwab Investment Management Inc. now owns 532,142 shares of the software maker’s stock worth $169,556,000 after purchasing an additional 8,706 shares during the period. DekaBank Deutsche Girozentrale increased its holdings in shares of ANSYS by 4.6% during the 2nd quarter. DekaBank Deutsche Girozentrale now owns 522,613 shares of the software maker’s stock worth $167,985,000 after purchasing an additional 22,836 shares during the period. Finally, Sumitomo Mitsui Trust Group Inc. increased its holdings in shares of ANSYS by 3.3% during the 3rd quarter. Sumitomo Mitsui Trust Group Inc. now owns 518,779 shares of the software maker’s stock worth $165,299,000 after purchasing an additional 16,462 shares during the period. Institutional investors own 92.39% of the company’s stock.

ANSYS Trading Down 0.9 %

NASDAQ ANSS traded down $3.11 during trading hours on Tuesday, hitting $347.40. The company’s stock had a trading volume of 150,065 shares, compared to its average volume of 523,599. The stock has a fifty day moving average of $331.57 and a 200 day moving average of $324.07. ANSYS, Inc. has a twelve month low of $275.81 and a twelve month high of $364.31. The firm has a market capitalization of $30.38 billion, a P/E ratio of 54.09, a PEG ratio of 3.98 and a beta of 1.10. The company has a quick ratio of 3.11, a current ratio of 3.11 and a debt-to-equity ratio of 0.13.

Insider Activity at ANSYS

In related news, Director Glenda Dorchak sold 152 shares of the stock in a transaction that occurred on Monday, October 7th. The shares were sold at an average price of $313.61, for a total value of $47,668.72. Following the transaction, the director now directly owns 3,630 shares in the company, valued at $1,138,404.30. This represents a 4.02 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at the SEC website. 0.46% of the stock is currently owned by company insiders.

Analyst Ratings Changes

Several research firms have recently issued reports on ANSS. Rosenblatt Securities dropped their price objective on shares of ANSYS from $345.00 to $335.00 and set a “neutral” rating on the stock in a report on Tuesday, August 6th. Robert W. Baird upped their target price on shares of ANSYS from $350.00 to $365.00 and gave the company an “outperform” rating in a research note on Thursday, November 7th. Finally, StockNews.com lowered shares of ANSYS from a “buy” rating to a “hold” rating in a research report on Thursday, November 14th. One analyst has rated the stock with a sell rating, five have issued a hold rating and one has issued a buy rating to the company’s stock. According to MarketBeat, ANSYS has an average rating of “Hold” and a consensus price target of $342.50.

ANSYS Profile

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.