Greenleaf Trust Buys 32 Shares of ANSYS, Inc. (NASDAQ:ANSS)

Greenleaf Trust raised its position in ANSYS, Inc. (NASDAQ:ANSS) by 0.9% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 3,651 shares of the software maker’s stock after purchasing an additional 32 shares during the quarter. Greenleaf Trust’s holdings in ANSYS were worth $1,232,000 at the end of the most recent reporting period.

Other institutional investors also recently modified their holdings of the company. China Universal Asset Management Co. Ltd. lifted its position in ANSYS by 28.4% during the 4th quarter. China Universal Asset Management Co. Ltd. now owns 1,423 shares of the software maker’s stock worth $480,000 after buying an additional 315 shares in the last quarter. Chicago Partners Investment Group LLC grew its position in shares of ANSYS by 10.9% in the 4th quarter. Chicago Partners Investment Group LLC now owns 766 shares of the software maker’s stock valued at $263,000 after acquiring an additional 75 shares during the period. Caprock Group LLC raised its holdings in shares of ANSYS by 6.7% in the 4th quarter. Caprock Group LLC now owns 750 shares of the software maker’s stock valued at $253,000 after purchasing an additional 47 shares during the period. BTC Capital Management Inc. lifted its stake in ANSYS by 2.5% in the 4th quarter. BTC Capital Management Inc. now owns 1,499 shares of the software maker’s stock valued at $506,000 after purchasing an additional 36 shares during the last quarter. Finally, Institute for Wealth Management LLC. increased its position in ANSYS by 6.7% during the fourth quarter. Institute for Wealth Management LLC. now owns 1,148 shares of the software maker’s stock worth $387,000 after buying an additional 72 shares during the last quarter. 92.39% of the stock is currently owned by institutional investors.

Analysts Set New Price Targets

A number of research firms recently weighed in on ANSS. Robert W. Baird increased their price target on ANSYS from $350.00 to $365.00 and gave the company an “outperform” rating in a research note on Thursday, November 7th. StockNews.com downgraded ANSYS from a “buy” rating to a “hold” rating in a research report on Monday, January 6th. One investment analyst has rated the stock with a sell rating, three have given a hold rating and one has given a buy rating to the company. According to MarketBeat, the stock presently has an average rating of “Hold” and a consensus target price of $346.67.

ANSYS Stock Down 1.1 %

NASDAQ:ANSS opened at $346.78 on Tuesday. The company has a debt-to-equity ratio of 0.13, a current ratio of 3.11 and a quick ratio of 3.11. ANSYS, Inc. has a one year low of $289.82 and a one year high of $363.03. The firm’s 50 day simple moving average is $344.55 and its 200 day simple moving average is $329.83. The company has a market cap of $30.33 billion, a PE ratio of 53.52, a P/E/G ratio of 3.65 and a beta of 1.11.

Insider Activity

In related news, Director Glenda Dorchak sold 200 shares of ANSYS stock in a transaction on Monday, January 13th. The shares were sold at an average price of $336.62, for a total transaction of $67,324.00. Following the completion of the transaction, the director now owns 3,430 shares of the company’s stock, valued at $1,154,606.60. This trade represents a 5.51 % decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. Insiders own 0.46% of the company’s stock.

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.