Neuberger Berman Group LLC Has $134.94 Million Stock Holdings in ANSYS, Inc. (NASDAQ:ANSS)

Neuberger Berman Group LLC boosted its position in ANSYS, Inc. (NASDAQ:ANSSGet Rating) by 1.3% during the first quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 424,755 shares of the software maker’s stock after buying an additional 5,433 shares during the quarter. Neuberger Berman Group LLC’s holdings in ANSYS were worth $134,942,000 as of its most recent filing with the SEC.

Other institutional investors have also recently made changes to their positions in the company. State Board of Administration of Florida Retirement System increased its position in shares of ANSYS by 1.1% during the 1st quarter. State Board of Administration of Florida Retirement System now owns 105,927 shares of the software maker’s stock worth $33,648,000 after purchasing an additional 1,127 shares during the last quarter. Prospera Financial Services Inc acquired a new position in shares of ANSYS during the 1st quarter worth approximately $117,000. State of Michigan Retirement System boosted its stake in shares of ANSYS by 0.3% during the 1st quarter. State of Michigan Retirement System now owns 22,011 shares of the software maker’s stock worth $6,992,000 after acquiring an additional 57 shares during the period. Schroder Investment Management Group boosted its stake in shares of ANSYS by 4.4% during the 4th quarter. Schroder Investment Management Group now owns 5,236 shares of the software maker’s stock worth $2,100,000 after acquiring an additional 223 shares during the period. Finally, Boston Financial Mangement LLC bought a new position in shares of ANSYS during the 1st quarter worth approximately $294,000. Institutional investors and hedge funds own 90.80% of the company’s stock.

ANSYS Price Performance

Shares of NASDAQ ANSS opened at $240.74 on Friday. The stock has a market capitalization of $20.96 billion, a PE ratio of 46.21, a P/E/G ratio of 5.17 and a beta of 1.31. The company has a debt-to-equity ratio of 0.17, a current ratio of 2.12 and a quick ratio of 2.12. The business has a fifty day moving average price of $261.20 and a two-hundred day moving average price of $270.41. ANSYS, Inc. has a fifty-two week low of $225.92 and a fifty-two week high of $413.89.

ANSYS (NASDAQ:ANSSGet Rating) last announced its quarterly earnings data on Wednesday, August 3rd. The software maker reported $1.77 earnings per share for the quarter, beating the consensus estimate of $1.61 by $0.16. ANSYS had a return on equity of 11.98% and a net margin of 22.96%. During the same period in the previous year, the firm posted $1.38 earnings per share. As a group, equities analysts predict that ANSYS, Inc. will post 6.08 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

Several research analysts have recently commented on the company. Mizuho reduced their target price on ANSYS from $285.00 to $265.00 and set a “neutral” rating for the company in a research note on Tuesday, July 19th. Oppenheimer reiterated an “initiates” rating on shares of ANSYS in a research note on Wednesday, July 27th. Rosenblatt Securities reduced their target price on ANSYS from $315.00 to $285.00 and set a “neutral” rating for the company in a research note on Thursday, July 21st. Citigroup lifted their target price on ANSYS to $311.00 in a research note on Tuesday, August 9th. Finally, Barclays boosted their price target on ANSYS from $245.00 to $250.00 and gave the company an “underweight” rating in a research note on Friday, August 5th. Two research analysts have rated the stock with a sell rating, seven have issued a hold rating and three have issued a buy rating to the company’s stock. According to MarketBeat.com, ANSYS currently has a consensus rating of “Hold” and a consensus target price of $277.33.

ANSYS Profile

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ANSYS, Inc develops and markets engineering simulation software and services worldwide. It offers ANSYS Workbench, a framework upon which its multiphysics engineering simulation technologies are built and enables engineers to simulate the interactions between structures, heat transfer, fluids, electronics, and optical elements in a unified engineering simulation environment; high-performance computing product suite; power analysis and optimization software suite that manages the power budget, power delivery integrity, and power-induced noise in an electronic design; and structural analysis product suite that provides simulation tools for product design and optimization.

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Institutional Ownership by Quarter for ANSYS (NASDAQ:ANSS)

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