Stock On Watch: Institutional Investors Positive on Ansys Inc (NASDAQ:ANSS)

November 29, 2016 - By kentuckypostne   ·   0 Comments

Stock On Watch: Institutional Investors  Positive on Ansys Inc (NASDAQ:ANSS)

Sentiment for Ansys Inc (NASDAQ:ANSS)

Ansys Inc (NASDAQ:ANSS) institutional sentiment increased to 1.12 in 2016 Q2. Its up 0.13, from 0.99 in 2016Q1. The ratio is positive, as 170 funds increased and opened new holdings, while 171 sold and decreased their positions in Ansys Inc. The funds in our partner’s database now own: 81.38 million shares, down from 84.89 million shares in 2016Q1. Also, the number of funds holding Ansys Inc in their top 10 holdings increased from 7 to 10 for an increase of 3. Sold All: 41 Reduced: 130 Increased: 143 New Position: 27.

ANSYS, Inc. develops and markets engineering simulation software and services used by engineers, designers and students across industries and academia, including aerospace and defense, automotive, industrial equipment, electronics, biomedical, energy, materials and chemical processing, and semiconductors. The company has a market cap of $8.15 billion. The Firm distributes its ANSYS suite of simulation technologies through a network of independent resellers and distributors, channel partners and direct sales offices across the world. It has a 31.86 P/E ratio. The Company’s product portfolio consists of ANSYS Workbench, Structures, Fluids, Electronics, Multiphysics, Embedded Software, Systems, 3-D Direct Modeling and Academic.

The stock decreased 0.77% or $0.73 during the last trading session, hitting $93.75. ANSYS, Inc. (NASDAQ:ANSS) has risen 2.60% since April 26, 2016 and is uptrending. It has underperformed by 2.66% the S&P500.

Analysts await ANSYS, Inc. (NASDAQ:ANSS) to report earnings on February, 23. They expect $0.90 EPS, up 5.88% or $0.05 from last year’s $0.85 per share. ANSS’s profit will be $78.24M for 26.04 P/E if the $0.90 EPS becomes a reality. After $0.88 actual EPS reported by ANSYS, Inc. for the previous quarter, Wall Street now forecasts 2.27% EPS growth.

According to Zacks Investment Research, “ANSYS, Inc., develops and globally markets engineering simulation software and technologies widely used by engineers and designers across a broad spectrum of industries. The Company focuses on the development of open and flexible solutions that enable users to analyze designs directly on the desktop, providing a common platform for fast, efficient and cost- conscious product development, from design concept to final-stage testing and validation. The Company and its global network of channel partners provide sales, support and training for customers.”

Bares Capital Management Inc. holds 5.55% of its portfolio in ANSYS, Inc. for 859,187 shares. Df Dent & Co Inc owns 1.77 million shares or 4.5% of their US portfolio. Moreover, Brown Capital Management Llc has 4.08% invested in the company for 2.84 million shares. The United Kingdom-based Generation Investment Management Llp has invested 3.74% in the stock. North Point Portfolio Managers Corp Oh, a Ohio-based fund reported 204,053 shares.#img1#

ANSYS, Inc. (NASDAQ:ANSS) Ratings Coverage

Ratings analysis reveals 9% of Ansys Inc.’s analysts are positive. Out of 11 Wall Street analysts rating Ansys Inc., 1 give it “Buy”, 0 “Sell” rating, while 10 recommend “Hold”. The lowest target is $86 while the high is $100. The stock’s average target of $92.57 is -1.26% below today’s ($93.75) share price. ANSS was included in 14 notes of analysts from August 6, 2015. KeyBanc Capital Markets initiated ANSYS, Inc. (NASDAQ:ANSS) on Thursday, October 8 with “Sector Weight” rating. The firm earned “Neutral” rating on Friday, May 6 by Wedbush. The firm has “Neutral” rating by Goldman Sachs given on Thursday, May 26. The stock has “Overweight” rating given by Mitsubishi UFJ on Tuesday, February 9. The rating was initiated by Needham with “Hold” on Tuesday, November 22. Wedbush maintained the shares of ANSS in a report on Tuesday, February 16 with “Outperform” rating. The firm earned “Equal Weight” rating on Thursday, October 8 by Pacific Crest. The company was maintained on Friday, August 5 by Barclays Capital. On Friday, November 4 the stock rating was maintained by Benchmark with “Hold”. The rating was initiated by Evercore on Thursday, September 15 with “Hold”.

ANSS Company Profile

ANSYS, Inc. (ANSYS), incorporated on January 12, 1994, develops and markets engineering simulation software and services used by engineers, designers, researchers and students across a spectrum of industries and academia, including aerospace and defense, automotive, industrial equipment, electronics, biomedical, energy, materials and chemical processing, and semiconductors. The Firm distributes its ANSYS suite of simulation technologies through a global network of independent resellers and distributors, channel partners and direct sales offices across the world. The Company’s product portfolio consists of ANSYS Workbench, Structures, Fluids, Electronics, Multiphysics, Embedded Software, Systems, 3-D Direct Modeling and Academic.

More recent ANSYS, Inc. (NASDAQ:ANSS) news were published by: Nytimes.com which released: “Ansys Inc. Names Chief Executive” on August 29, 2016. Also Bizjournals.com published the news titled: “Ansys buys German tech firm” on November 03, 2016. Prnewswire.com‘s news article titled: “Industry Visionaries Meet to Discuss Growing Technology Trends at the ANSYS …” with publication date: October 26, 2016 was also an interesting one.

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