Thompson Siegel & Walmsley LLC Sells 254 Shares of ANSYS, Inc. (NASDAQ:ANSS)

Thompson Siegel & Walmsley LLC lowered its holdings in shares of ANSYS, Inc. (NASDAQ:ANSS) by 9.1% in the 2nd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 2,546 shares of the software maker’s stock after selling 254 shares during the quarter. Thompson Siegel & Walmsley LLC’s holdings in ANSYS were worth $819,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors have also recently made changes to their positions in ANSS. Vanguard Group Inc. raised its position in ANSYS by 0.7% in the first quarter. Vanguard Group Inc. now owns 10,234,642 shares of the software maker’s stock worth $3,553,058,000 after acquiring an additional 73,585 shares during the period. Franklin Resources Inc. raised its holdings in ANSYS by 1.9% in the 4th quarter. Franklin Resources Inc. now owns 1,508,715 shares of the software maker’s stock worth $547,483,000 after purchasing an additional 27,893 shares during the period. Norges Bank bought a new position in ANSYS in the 4th quarter worth $282,329,000. Earnest Partners LLC lifted its position in ANSYS by 13.7% during the first quarter. Earnest Partners LLC now owns 592,017 shares of the software maker’s stock valued at $205,525,000 after purchasing an additional 71,394 shares in the last quarter. Finally, DekaBank Deutsche Girozentrale grew its holdings in ANSYS by 4.6% during the second quarter. DekaBank Deutsche Girozentrale now owns 522,613 shares of the software maker’s stock valued at $167,985,000 after purchasing an additional 22,836 shares during the period. Institutional investors own 92.39% of the company’s stock.

Analyst Upgrades and Downgrades

Several research firms have recently commented on ANSS. KeyCorp began coverage on ANSYS in a research note on Thursday, June 27th. They issued a “sector weight” rating on the stock. Rosenblatt Securities lowered their price target 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. Finally, StockNews.com assumed coverage on shares of ANSYS in a research report on Saturday. They issued a “hold” rating for the company. Two analysts have rated the stock with a sell rating, seven have assigned a hold rating and one has assigned a buy rating to the company’s stock. According to data from MarketBeat, the stock currently has an average rating of “Hold” and an average target price of $318.33.

ANSYS Trading Down 0.1 %

ANSYS stock opened at $318.05 on Tuesday. ANSYS, Inc. has a 1 year low of $258.01 and a 1 year high of $364.31. The firm’s 50 day moving average price is $316.56 and its 200-day moving average price is $325.52. The company has a debt-to-equity ratio of 0.13, a current ratio of 2.95 and a quick ratio of 2.95. The stock has a market cap of $27.77 billion, a P/E ratio of 63.87, a PEG ratio of 6.80 and a beta of 1.12.

ANSYS (NASDAQ:ANSS) last announced its quarterly earnings results on Wednesday, July 31st. The software maker reported $2.50 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.92 by $0.58. ANSYS had a net margin of 21.30% and a return on equity of 11.51%. The company had revenue of $594.14 million for the quarter, compared to the consensus estimate of $550.30 million. During the same period in the previous year, the firm posted $1.06 EPS. ANSYS’s revenue for the quarter was up 19.6% compared to the same quarter last year. On average, equities analysts predict that ANSYS, Inc. will post 7.32 earnings per share for the current fiscal year.

Insider Buying and Selling

In other ANSYS news, Director Glenda Dorchak sold 159 shares of the firm’s stock in a transaction that occurred on Monday, July 8th. The stock was sold at an average price of $330.81, for a total transaction of $52,598.79. Following the completion of the transaction, the director now owns 3,782 shares in the company, valued at approximately $1,251,123.42. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. 0.46% of the stock is owned by company insiders.

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.