Fiera Capital Corp Boosts Position in ANSYS, Inc. (NASDAQ:ANSS)

Fiera Capital Corp raised its holdings in shares of ANSYS, Inc. (NASDAQ:ANSS) by 8.8% during the fourth quarter, HoldingsChannel reports. The institutional investor owned 168,992 shares of the software maker’s stock after acquiring an additional 13,678 shares during the quarter. Fiera Capital Corp’s holdings in ANSYS were worth $57,006,000 at the end of the most recent quarter.

Other institutional investors also recently bought and sold shares of the company. Stock Yards Bank & Trust Co. boosted its position in ANSYS by 1.3% during the 4th quarter. Stock Yards Bank & Trust Co. now owns 2,275 shares of the software maker’s stock worth $767,000 after purchasing an additional 30 shares during the period. Greenleaf Trust lifted its stake in shares of ANSYS by 0.9% during the fourth quarter. Greenleaf Trust now owns 3,651 shares of the software maker’s stock worth $1,232,000 after purchasing an additional 32 shares in the last quarter. Koshinski Asset Management Inc. lifted its stake in shares of ANSYS by 0.8% during the fourth quarter. Koshinski Asset Management Inc. now owns 4,367 shares of the software maker’s stock worth $1,473,000 after purchasing an additional 34 shares in the last quarter. BTC Capital Management Inc. boosted its position in shares of ANSYS by 2.5% in the fourth quarter. BTC Capital Management Inc. now owns 1,499 shares of the software maker’s stock worth $506,000 after buying an additional 36 shares during the period. Finally, OneDigital Investment Advisors LLC grew its stake in shares of ANSYS by 3.0% in the third quarter. OneDigital Investment Advisors LLC now owns 1,285 shares of the software maker’s stock valued at $409,000 after buying an additional 37 shares in the last quarter. 92.39% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

Several equities analysts recently commented on ANSS shares. StockNews.com lowered ANSYS from a “buy” rating to a “hold” rating in a research report on Monday, January 6th. Robert W. Baird lifted their price objective 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. One research analyst has rated the stock with a sell rating, three have issued a hold rating and one has assigned a buy rating to the company’s stock. Based on data from MarketBeat, ANSYS presently has an average rating of “Hold” and a consensus target price of $346.67.

ANSYS Stock Down 2.1 %

Shares of ANSYS stock opened at $334.12 on Thursday. ANSYS, Inc. has a 1-year low of $289.82 and a 1-year high of $363.03. The company has a market capitalization of $29.22 billion, a PE ratio of 51.56, a P/E/G ratio of 3.61 and a beta of 1.12. The company has a debt-to-equity ratio of 0.13, a current ratio of 3.11 and a quick ratio of 3.11. The business has a 50-day moving average of $343.85 and a 200-day moving average of $331.33.

Insider Activity at ANSYS

In other ANSYS news, Director Glenda Dorchak sold 200 shares of the company’s stock in a transaction that occurred on Monday, January 13th. The stock was sold at an average price of $336.62, for a total value of $67,324.00. Following the transaction, the director now directly owns 3,430 shares of the company’s stock, valued at $1,154,606.60. This represents a 5.51 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. 0.46% of the stock is currently owned by company insiders.

ANSYS Company 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.