Boston Trust Walden Corp Grows Holdings in ANSYS, Inc. (NASDAQ:ANSS)

Boston Trust Walden Corp lifted its position in shares of ANSYS, Inc. (NASDAQ:ANSS) by 0.8% in the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 41,595 shares of the software maker’s stock after buying an additional 323 shares during the quarter. Boston Trust Walden Corp’s holdings in ANSYS were worth $13,253,000 at the end of the most recent quarter.

A number of other institutional investors have also modified their holdings of ANSS. Cetera Investment Advisers grew its stake in ANSYS by 392.9% in the 1st quarter. Cetera Investment Advisers now owns 12,751 shares of the software maker’s stock worth $4,427,000 after acquiring an additional 10,164 shares during the period. Russell Investments Group Ltd. lifted its position in ANSYS by 33.7% during the first quarter. Russell Investments Group Ltd. now owns 135,821 shares of the software maker’s stock worth $47,157,000 after buying an additional 34,244 shares during the period. CANADA LIFE ASSURANCE Co boosted its stake in ANSYS by 3.2% in the 1st quarter. CANADA LIFE ASSURANCE Co now owns 110,991 shares of the software maker’s stock worth $38,499,000 after buying an additional 3,413 shares during the last quarter. State Board of Administration of Florida Retirement System boosted its stake in ANSYS by 3.7% in the 1st quarter. State Board of Administration of Florida Retirement System now owns 100,816 shares of the software maker’s stock worth $33,552,000 after buying an additional 3,611 shares during the last quarter. Finally, Illinois Municipal Retirement Fund grew its holdings in ANSYS by 594.3% in the 1st quarter. Illinois Municipal Retirement Fund now owns 24,850 shares of the software maker’s stock valued at $8,627,000 after buying an additional 21,271 shares during the period. Institutional investors and hedge funds own 92.39% of the company’s stock.

ANSYS Price Performance

ANSS opened at $322.81 on Friday. The company has a 50 day moving average of $320.38 and a two-hundred day moving average of $321.83. ANSYS, Inc. has a 52-week low of $258.01 and a 52-week high of $364.31. The company has a quick ratio of 2.95, a current ratio of 2.95 and a debt-to-equity ratio of 0.13. The company has a market cap of $28.18 billion, a P/E ratio of 64.82, a P/E/G ratio of 6.99 and a beta of 1.11.

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 the consensus estimate of $1.92 by $0.58. The firm had revenue of $594.14 million during the quarter, compared to the consensus estimate of $550.30 million. ANSYS had a return on equity of 11.51% and a net margin of 21.30%. The firm’s quarterly revenue was up 19.6% compared to the same quarter last year. During the same period in the prior year, the firm earned $1.06 EPS. On average, analysts expect that ANSYS, Inc. will post 7.32 earnings per share for the current year.

Wall Street Analysts Forecast Growth

Several equities research analysts recently issued reports on ANSS shares. StockNews.com started coverage on shares of ANSYS in a research report on Sunday, September 22nd. They issued a “hold” rating on the stock. Rosenblatt Securities decreased 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. Two research 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. According to MarketBeat.com, the stock has a consensus rating of “Hold” and a consensus price target of $318.33.

Insider Buying and Selling at ANSYS

In other news, Director Glenda Dorchak sold 152 shares of the business’s stock in a transaction on Monday, October 7th. The shares were sold at an average price of $313.61, for a total transaction of $47,668.72. Following the transaction, the director now directly owns 3,630 shares of the company’s stock, valued at approximately $1,138,404.30. The trade was a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. 0.46% of the stock is owned by corporate 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.